PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, field service, and end-of-life processes; ThingWorx, an Industrial Internet of Things software; ServiceMax, a service lifecycle management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools, and deliver metrics; and Arena, a SaaS PLM solution enables product teams to collaborate virtually to share product and quality information with internal teams and supply chain partners and deliver products to customers. It offers Codebeamer, an application lifecycle management for products and software development; Servigistics, a service parts management solution; and FlexPLM, a platform for merchandising and line planning, materials management, sampling, and others. In addition, it offers Kepware, an enterprise industrial connectivity solution; Kepware Edge, a Linux-based industrial communications platform; KEPServerEX, an industrial connectivity solution for small projects; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Onshape, a SaaS product development platform that delivers computer-aided design with data management, collaboration tools, and real-time analytics. Further, it offers Vuforia, an augmented reality (AR) software; and Arbortext, a dynamic publishing solution streamlines how organizations create, manage, and publish technical documentation. Additionally, the company provides PTC Products; PTC Mathcad; and augmented reality product. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.7B | $1.1B | $734M | $857M | 19.2% | 19.2% | 95.0% |
| 2024 | $2.3B | $730M | $376M | $736M | 11.7% | 9.6% | 53.3% |
| 2023 | $2.1B | $599M | $246M | $587M | 9.2% | 8.5% | -21.6% |
| 2022 | $1.9B | $573M | $313M | $409M | 13.6% | - | - |
| 2021 | - | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,933.35 | 2,097.05 | 2,298.47 | 2,739.23 |
| Cost Of Revenue | - | 385.98 | 441.01 | 444.82 | 444.98 |
| Gross Profit | - | 1,547.37 | 1,656.05 | 1,853.66 | 2,294.24 |
| Operating Expense | - | 1,063.77 | 1,198.03 | 1,266.40 | 1,296.21 |
| Operating Income | - | 483.60 | 458.01 | 587.26 | 998.03 |
| EBITDA | - | 573.41 | 599.14 | 730.02 | 1,132.61 |
| EBIT | - | 451.37 | 461.98 | 588.62 | 997.20 |
| Pretax Income | - | 397.10 | 332.57 | 468.96 | 920.18 |
| Tax Provision | - | 84.02 | 87.03 | 92.63 | 186.18 |
| Net Income | - | 313.08 | 245.54 | 376.33 | 734 |
| Net Income Common Stockholders | - | 313.08 | 245.54 | 376.33 | 734 |
| Total Expenses | - | 1,449.75 | 1,639.04 | 1,711.21 | 1,741.20 |
| Interest Expense | - | 54.27 | 129.42 | 119.65 | 77.02 |
| Interest Income | - | 2.50 | 5.40 | 4.40 | 3.40 |
| Research And Development | - | 338.82 | 394.37 | 433.05 | 457.69 |
| Selling General And Administration | - | 689.98 | 763.64 | 791.33 | 792.57 |
| Normalized EBITDA | - | 609.64 | 598.68 | 729.22 | 1,148.26 |
| Normalized Income | - | 341.65 | 245.20 | 375.69 | 746.51 |
| Market Cap | 16,322.70 | 16,322.70 | 16,322.70 | 16,322.70 | 16,322.70 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| PTC Inc.this co. | PTC | $16.3B | 22.24β premium | 4.27 | 19.2% | 15.46 |
| HP Inc. | HPQ | $18.7B | 7.18 | -52.51 | -730.9% | 6.13 |
| Leidos Holdings, Inc. | LDOS | $18.7B | 12.75 | 3.76 | 29.5% | 9.40 |
| Broadridge Financial Solutions, Inc. | BR | $18.2B | 21.57 | 6.82 | 31.6% | 13.80 |
| CDW Corporation | CDW | $17.8B | 16.37 | 6.70 |
| - |
| - |
| - |
| 40.9% |
| 11.60 |
| F5, Inc. | FFIV | $17.6B | 24.75 | 4.77 | 19.3% | 18.16 |
| Super Micro Computer, Inc. | SMCI | $17.2B | 16.65 | 2.77 | 16.6% | 12.84 |
| Trimble Inc. | TRMB | $16.1B | 36.87 | 2.68 | 7.3% | 21.40 |
| Tyler Technologies, Inc. | TYL | $14.7B | 46.58 | 3.97 | 8.5% | 26.38 |
| Peer Median | - | 19.11 | 3.86 | 18.0% | 13.32 | |