Total Revenue

+9.6%

Total revenue grew from $805.11M in Q4 2023 to $882.17M in Q4 2024. This increase is driven by strong performance across key segments, notably software licenses and maintenance/service revenues, building on prior period momentum which is supported by continued robust contract activity and diversified revenue streams. " "

Software Licenses

+8.2%

Software Licenses revenue increased from $502.28M to $543.48M. A 10% growth in Subscription Lease Licenses (rising from $399.56M to $441.14M) underpinned this gain, while Perpetual Licenses remained largely flat at around $102M, reflecting the ongoing shift towards subscription-based models from the previous cycle. " "

Maintenance and Service

+11.9%

Maintenance and Service revenues rose from $302.83M to $338.79M. The increase is attributed to the strength of recurring maintenance contracts and enhanced service offerings, building on the previously solid revenue base that sustained consistent growth. " "

U.S. Revenue

+12%

U.S. revenue increased from $396.35M to $445.03M, benefiting from strong multi-year leases and enhanced direct sales channels. This reflects the company’s continued success in its core market, building on reliable prior performance and strategic contract wins. " "

German Revenue

+Over 20%

German revenue surged to $98.52M from lower levels in the prior period, driven by robust regional demand and effective local strategies. Although specific drivers are not detailed, the year-over-year increase indicates improved market penetration relative to the previous quarter. " "

Japan Revenue

–Nearly 15%

Japan revenue declined to $52.29M from a higher baseline in Q4 2023. This decrease may be attributed to regional market challenges or shifts in customer preferences, contrasting with gains in other geographies and highlighting the variability in market conditions. " "

Net Income & Basic EPS

Basic EPS improved; specific YoY change modest

Q4 2024 reported a net income of $282.69M with Basic EPS at $3.23, showing modest gains over the previous period. These improvements likely result from better cost management and enhanced operational margins, leveraging the revenue growth across segments from the prior period. " "