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This statistic highlights Alteryx’s Revenue by Segment from Q1 2018 onwards, split between PCs and services, and Subscription-based software license segments.
Alteryx Inc. is a pioneer in the field of Analytic Process Automation with a leading provider of self-service data analytics software. Alteryx’s APA software platform combines analytics, data science, and business process automation in a self-service platform to expedite digital transformation, deliver high-impact corporate outcomes, accelerate data democratization, and effectively upskill contemporary workforces. Data employees, regardless of technical ability are empowered to be active and problem solvers. Users of the Alteryx APA software platform may automate the complete spectrum of analytics, data science, and processes, incorporate intelligent decision-making and actions, and empower their company to allow the top and bottom-line impact, efficiency benefits, and quick upskilling.
The following table sheds more light on each of the segments and their contribution to the company’s overall top line.
|Segment||Q1 2020||Q1 2021||YOY Growth||Revenue Share in Q1 2021|
|PCs and services||$58.09||$75.40||29.80%||63.49%|
|Subscription-based software license||$50.74||$43.36||-14.54%||36.51%|
(All figures in millions, except percentage)
Alteryx’s total revenue rose from $108.83 million in Q1 2020 to $118.76 million in Q1 2021, which shows a growth of 9.12% on a year-on-year basis. However, it declined by 25.08% compared to $158.53 million earned in the previous quarter.
Alteryx’s revenue is further bifurcated among the following segments:
PCs and services
PCs and Personal Service is a Personal Computer hardware and potentially software leasing, licensing, and delivery model in which personal computers and optional software are leased and licensed on a subscription basis.
Alteryx’s revenue from the PCs and services segment increased from $58.09 million in Q1 2020 to $75.40 million in Q1 2021, a growth of 29.80% on a year-on-year basis. In Q 2021, the PCs and services segment contributed 63.49% to the company’s total revenue.
Subscription-based software license
Subscription-based software is licensed on a monthly or annual basis, with users paying a per-user charge. Customers generally pay an initial subscription fee and are only permitted to use the program during the subscription period, as opposed to a perpetual license, which allows them to use the software permanently. Aleryx Inc.’s subscription platform provides a number of products such as Alteryx Designer for data profiling, preparation, blending, and analytics, Alteryx Server for scheduling, sharing, and running analytic processes and applications in a web-based environment.
Alteryx’s revenue from the Subscription-based software license segment declined from $50.74 million in Q1 2020 to $43.36 million in Q1 2021, a decline of 14.54% on a year-on-year basis. In Q1 2021, this segment contributed 36.51% to the company’s total revenue.
Alteryx Inc. is an American computer software company founded in 1997 by Dean Stoecker, Olivia Duane Adams, and Ned Harding under the name SRC LLC. Alteryx, a software application was introduced by the company in 2006. In 2010, SRC LLC changed its name to Alteryx, the name of its main product. Alteryx Inc.’s main office is located in Irvine, California, the United States, and has 18 office locations across 12 countries. Alteryx went public in 2017 with an IPO on the NYSE under the ticker symbol ‘AYX’.
Altertyx Inc. faces tough competition from Qlik Sense, RapidMiner, IBM Watson Studio, RStudio, IBM SPSS Modeler, KNIME Analytics Platform, Board, and TIMi Suite.
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