NASDAQ : PTC
PTC Inc. — Financial statements
Technology · Software - Application · United States
Last price 195.54 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 21.22B
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Financial statements
PTC Inc. (PTC) reported revenue of 2.95B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.95B | 2.74B | 2.30B | 2.10B | 1.93B | 1.81B |
| Cost of Revenue | 457.85M | 444.98M | 444.82M | 441.01M | 385.98M | 371.10M |
| Gross Profit | 2.50B | 2.29B | 1.85B | 1.66B | 1.55B | 1.44B |
| Selling, General & Admin | 798.04M | 782.53M | 787.62M | 743.77M | 674.96M | 709.97M |
| Research & Development | 474.33M | 457.69M | 433.05M | 394.37M | 338.82M | 299.92M |
| Amortization of Goodwill & Intangibles | 47.67M | 45.95M | 42.02M | 40.02M | 34.97M | 29.40M |
| Operating Expenses | 1.32B | 1.29B | 1.26B | 1.18B | 1.05B | 1.04B |
| Operating Income | 1.18B | 1.01B | 590.97M | 477.89M | 498.62M | 396.78M |
| Interest Expense | -65.32M | -77.02M | -119.65M | -129.42M | -54.27M | -50.48M |
| Interest & Investment Income | 4.90M | 3.40M | 4.40M | |||
| Currency Exchange Gain (Loss) | -5.00M | -2.50M | -1.80M | -2.10M | -900.00K | -8.00M |
| Other Non Operating Income (Expenses) | 477.78M | 12.96M | -661.00K | 4.43M | 8.07M | 1.84M |
| EBT Excluding Unusual Items | 1.59B | 944.92M | 473.26M | 350.81M | 451.52M | 340.14M |
| Merger & Restructuring Charges | -53.24M | -15.64M | 802.00K | 460.00K | -36.23M | -2.21M |
| Gain (Loss) on Sale of Investments | -2.00M | -34.80M | 68.83M | |||
| Gain (Loss) on Sale of Assets | 29.81M | |||||
| Other Unusual Items | -9.10M | -9.10M | -3.10M | -18.70M | -13.20M | -15.00M |
| Pretax Income | 1.53B | 920.18M | 468.96M | 332.57M | 397.10M | 391.75M |
| Income Tax Expense | 306.50M | 186.18M | 92.63M | 87.03M | 84.02M | -85.17M |
| Net Income | 1.22B | 734.00M | 376.33M | 245.54M | 313.08M | 476.92M |
| Net Income to Common | 1.22B | 734.00M | 376.33M | 245.54M | 313.08M | 476.92M |
| Shares Outstanding (Basic) | 117.98M | 120.00M | 119.68M | 118.34M | 117.19M | 116.84M |
| Shares Outstanding (Diluted) | 118.55M | 120.78M | 120.74M | 119.33M | 118.23M | 118.37M |
| EPS (Basic) | 10.37 | 6.12 | 3.14 | 2.07 | 2.67 | 4.08 |
| EPS (Diluted) | 10.32 | 6.08 | 3.12 | 2.06 | 2.65 | 4.03 |
| Free Cash Flow | 935.48M | 856.69M | 735.61M | 587.05M | 415.83M | 344.10M |
| Free Cash Flow Per Share | 7.89 | 7.09 | 6.09 | 4.92 | 3.52 | 2.91 |
| Gross Margin | 84.50% | 83.75% | 80.65% | 78.97% | 80.04% | 79.47% |
| Operating Margin | 39.81% | 36.80% | 25.71% | 22.79% | 25.79% | 21.96% |
| Profit Margin | 41.43% | 26.80% | 16.37% | 11.71% | 16.19% | 26.39% |
| Free Cash Flow Margin | 31.67% | 31.27% | 32.00% | 27.99% | 21.51% | 19.04% |
| EBITDA | 1.28B | 1.11B | 699.09M | 582.65M | 586.31M | 482.01M |
| EBITDA Margin | 43.20% | 40.54% | 30.42% | 27.78% | 30.33% | 26.67% |
| D&A For EBITDA | 99.88M | 102.50M | 108.12M | 104.76M | 87.69M | 85.24M |
| EBIT | 1.18B | 1.01B | 590.97M | 477.89M | 498.62M | 396.78M |
| EBIT Margin | 39.81% | 36.80% | 25.71% | 22.79% | 25.79% | 21.96% |
| Effective Tax Rate | 20.03% | 20.23% | 19.75% | 26.17% | 21.16% | |
| Revenue as Reported | 2.95B | 2.74B | 2.30B | 2.10B | 1.93B | 1.81B |
| Advertising Expenses | 11.70M | 15.00M | 11.70M | 8.60M | 7.10M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 351.45M | 184.41M | 265.81M | 288.10M | 272.18M | 326.53M |
| Cash & Short-Term Investments | 351.45M | 184.41M | 265.81M | 288.10M | 272.18M | 326.53M |
| Receivables | 837.89M | 1.01B | 876.36M | 827.50M | 653.46M | 549.27M |
| Prepaid Expenses | 114.72M | 119.11M | 102.93M | 96.02M | 88.85M | 69.99M |
| Other Current Assets | 67.80M | 67.72M | 53.60M | 65.75M | 54.16M | 127.22M |
| Total Current Assets | 1.37B | 1.38B | 1.30B | 1.28B | 1.07B | 1.07B |
| Property, Plant & Equipment | 188.89M | 175.82M | 208.50M | 231.42M | 235.88M | 252.57M |
| Long-Term Investments | 113.10M | 2.20M | ||||
| Goodwill | 3.40B | 3.49B | 3.46B | 3.36B | 2.35B | 2.19B |
| Other Intangible Assets | 765.80M | 824.66M | 897.48M | 941.25M | 382.72M | 381.77M |
| Long-Term Accounts Receivable | 365.00K | 4.20M | 4.73M | |||
| Long-Term Deferred Tax Assets | 100.54M | 194.07M | 159.40M | 123.32M | 256.09M | 297.79M |
| Long-Term Deferred Charges | 2.10M | 81.50M | 81.60M | 86.20M | 79.70M | 84.90M |
| Other Long-Term Assets | 572.98M | 464.44M | 275.96M | 270.41M | 306.37M | 218.70M |
| Total Assets | 6.51B | 6.62B | 6.38B | 6.29B | 4.69B | 4.51B |
| Accounts Payable | 34.91M | 11.50M | 24.20M | 43.48M | 40.15M | 33.38M |
| Accrued Expenses | 460.96M | 330.93M | 292.96M | 285.31M | 212.08M | 224.13M |
| Current Portion of Long-Term Debt | 25.07M | 25.00M | 521.47M | 9.38M | ||
| Current Portion of Leases | 24.07M | 24.18M | 24.19M | 24.74M | 22.00M | 27.86M |
| Current Income Taxes Payable | 85.23M | 28.75M | 46.18M | 19.72M | 10.74M | 5.86M |
| Current Unearned Revenue | 700.30M | 812.27M | 754.04M | 665.36M | 503.78M | 482.13M |
| Other Current Liabilities | 7.57M | 4.77M | 4.17M | 623.20M | 3.50M | 5.92M |
| Total Current Liabilities | 1.34B | 1.24B | 1.67B | 1.67B | 792.26M | 779.28M |
| Long-Term Debt | 1.40B | 1.17B | 1.23B | 1.69B | 1.35B | 1.44B |
| Long-Term Leases | 160.31M | 148.25M | 157.57M | 168.46M | 167.57M | 180.94M |
| Long-Term Unearned Revenue | 12.23M | 14.79M | 21.23M | 16.19M | 16.55M | 15.55M |
| Long-Term Deferred Tax Liabilities | 30.24M | 30.15M | 32.22M | 29.51M | 28.40M | 4.17M |
| Other Long-Term Liabilities | 104.70M | 187.91M | 63.83M | 39.81M | 35.83M | 49.69M |
| Total Liabilities | 3.04B | 2.79B | 3.17B | 3.61B | 2.39B | 2.47B |
| Common Stock | 1.11M | 1.20M | 1.20M | 1.19M | 1.18M | 1.17M |
| Additional Paid-In Capital | 610.99M | 1.82B | 1.97B | 1.82B | 1.72B | 1.72B |
| Retained Earnings | 2.96B | 2.08B | 1.35B | 973.28M | 727.74M | 414.66M |
| Comprehensive Income & Other | -101.98M | -81.16M | -101.72M | -118.08M | -153.46M | -95.86M |
| Shareholders' Equity | 3.47B | 3.83B | 3.21B | 2.68B | 2.30B | 2.04B |
| Total Liabilities & Equity | 6.51B | 6.62B | 6.38B | 6.29B | 4.69B | 4.51B |
| Total Debt | 1.61B | 1.37B | 1.93B | 1.89B | 1.54B | 1.65B |
| Net Cash (Debt) | -1.26B | -1.19B | -1.66B | -1.60B | -1.27B | -1.32B |
| Net Cash Per Share | -10.60 | -9.82 | -13.79 | -13.42 | -10.72 | -11.17 |
| Filing Date Shares Outstanding | 108.51M | 119.45M | 120.13M | 119.24M | 117.47M | 117.87M |
| Total Common Shares Outstanding | 110.72M | 119.54M | 120.16M | 118.85M | 117.47M | 117.16M |
| Working Capital | 33.76M | 145.96M | -368.49M | -393.82M | 276.40M | 293.73M |
| Book Value Per Share | 31.34 | 32.01 | 26.75 | 22.53 | 19.55 | 17.40 |
| Tangible Book Value | -694.36M | -491.75M | -1.14B | -1.62B | -440.34M | -535.19M |
| Tangible Book Value Per Share | -6.27 | -4.11 | -9.53 | -13.65 | -3.75 | -4.57 |
| Machinery | 271.72M | 282.26M | 324.09M | 394.51M | 383.27M | |
| Leasehold Improvements | 72.66M | 79.80M | 77.70M | 95.38M | 94.96M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.22B | 734.00M | 376.33M | 245.54M | 313.08M | 476.92M |
| Depreciation & Amortization | 134.06M | 135.42M | 141.41M | 137.16M | 122.04M | 122.53M |
| Loss (Gain) From Sale of Assets | -464.60M | -29.81M | ||||
| Loss (Gain) From Sale of Investments | 31.85M | -68.83M | ||||
| Stock-Based Compensation | 240.66M | 216.21M | 223.46M | 206.46M | 174.86M | 177.29M |
| Other Operating Activities | -32.97M | -29.80M | -40.66M | 12.61M | 38.40M | -159.49M |
| Change in Accounts Receivable | -136.43M | -121.05M | -34.63M | -98.61M | -165.01M | -119.42M |
| Change in Accounts Payable | 235.62M | -636.00K | -24.37M | 15.92M | 6.96M | 25.10M |
| Change in Unearned Revenue | -50.44M | 37.75M | 81.40M | 56.57M | 57.59M | 58.70M |
| Change in Income Taxes | 183.53M | 89.86M | 65.01M | 4.64M | -15.33M | 13.98M |
| Change in Other Net Operating Assets | -377.92M | -194.04M | -37.96M | 30.57M | -99.31M | -157.98M |
| Operating Cash Flow | 955.32M | 867.70M | 749.98M | 610.86M | 435.33M | 368.81M |
| Capital Expenditures | -19.84M | -11.01M | -14.38M | -23.81M | -19.50M | -24.71M |
| Cash Acquisitions | -3.57M | -6.53M | -93.46M | -828.27M | -282.94M | -718.03M |
| Divestitures | 523.31M | 32.52M | ||||
| Sale (Purchase) of Intangibles | -6.45M | -550.00K | ||||
| Investment in Securities | -50.15M | 46.91M | 54.47M | |||
| Other Investing Activities | 20.36M | -20.75M | -16.98M | -14.03M | 28.27M | 965.00K |
| Investing Cash Flow | 470.11M | -38.29M | -124.81M | -866.12M | -201.20M | -687.86M |
| Long-Term Debt Issued | 860.00M | 1.08B | 1.54B | 264.00M | 600.00M | |
| Long-Term Debt Repaid | -1.41B | -1.04B | -1.20B | -355.30M | -168.35M | |
| Net Debt Issued (Repaid) | 188.75M | -552.96M | 45.92M | 343.00M | -91.30M | 431.65M |
| Issuance of Common Stock | 25.92M | 26.06M | 25.67M | 21.65M | 21.21M | 21.57M |
| Repurchase of Common Stock | -1.48B | -380.20M | -102.00M | -82.45M | -193.99M | -82.96M |
| Other Financing Activities | -1.01M | -1.41M | -620.32M | -13.89M | ||
| Financing Cash Flow | -1.26B | -908.51M | -650.73M | 268.31M | -264.08M | 370.26M |
| Foreign Exchange Rate Adjustments | -9.97M | -2.37M | 3.22M | 2.85M | -24.20M | -127.00K |
| Net Cash Flow | 152.13M | -81.48M | -22.33M | 15.91M | -54.16M | 51.09M |
| Free Cash Flow | 935.48M | 856.69M | 735.61M | 587.05M | 415.83M | 344.10M |
| Free Cash Flow Margin | 31.67% | 31.27% | 32.00% | 27.99% | 21.51% | 19.04% |
| Free Cash Flow Per Share | 7.89 | 7.09 | 6.09 | 4.92 | 3.52 | 2.91 |
| Levered Free Cash Flow | 1.03B | 823.15M | 85.90M | 1.21B | 517.52M | 379.67M |
| Unlevered Free Cash Flow | 1.07B | 871.29M | 160.68M | 1.29B | 551.43M | 411.22M |
| Cash Interest Paid | 66.10M | 77.80M | 137.00M | 89.80M | 48.50M | 45.20M |
| Cash Income Tax Paid | 121.70M | 121.70M | 68.60M | 65.90M | 55.00M | 56.00M |
| Change in Working Capital | -145.64M | -188.12M | 49.45M | 9.09M | -215.11M | -179.62M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 21.22B | 24.32B | 21.70B | 16.84B | 12.29B | 14.06B |
| Enterprise Value | 22.47B | 25.53B | 23.45B | 18.49B | 13.58B | 15.38B |
| Last Close Price | 195.54 | 203.02 | 180.66 | 141.68 | 104.60 | 119.79 |
| PE Ratio | 18.95 | 33.13 | 57.67 | 68.57 | 39.24 | 29.48 |
| Forward PE | 23.31 | 27.29 | 32.13 | 29.73 | 21.03 | 33.60 |
| PS Ratio | 7.18 | 8.88 | 9.44 | 8.03 | 6.36 | 7.78 |
| PB Ratio | 6.24 | 6.36 | 6.75 | 6.29 | 5.35 | 6.90 |
| P/FCF Ratio | 22.68 | 28.39 | 29.50 | 28.68 | 29.55 | 40.86 |
| P/OCF Ratio | 22.21 | 28.03 | 28.94 | 27.56 | 28.23 | 38.13 |
| PEG Ratio | 2.51 | 1.52 | 1.96 | 2.01 | 1.61 | 1.45 |
| EV/Sales Ratio | 7.61 | 9.32 | 10.20 | 8.82 | 7.03 | 8.51 |
| EV/EBITDA Ratio | 17.61 | 22.99 | 33.54 | 31.73 | 23.17 | 31.90 |
| EV/EBIT Ratio | 19.11 | 25.33 | 39.68 | 38.69 | 27.24 | 38.76 |
| EV/FCF Ratio | 24.02 | 29.80 | 31.88 | 31.49 | 32.67 | 44.69 |
| Debt / Equity Ratio | 0.46 | 0.36 | 0.60 | 0.71 | 0.67 | 0.81 |
| Debt / EBITDA Ratio | 1.22 | 1.19 | 2.59 | 3.01 | 2.45 | 3.13 |
| Debt / FCF Ratio | 1.72 | 1.60 | 2.62 | 3.22 | 3.70 | 4.79 |
| Net Debt / Equity Ratio | 0.36 | 0.31 | 0.52 | 0.60 | 0.55 | 0.65 |
| Net Debt / EBITDA Ratio | 0.98 | 1.07 | 2.38 | 2.75 | 2.16 | 2.74 |
| Net Debt / FCF Ratio | 1.34 | 1.38 | 2.26 | 2.73 | 3.05 | 3.84 |
| Asset Turnover | 0.46 | 0.42 | 0.36 | 0.38 | 0.42 | 0.46 |
| Quick Ratio | 0.89 | 0.97 | 0.69 | 0.67 | 1.17 | 1.12 |
| Current Ratio | 1.02 | 1.12 | 0.78 | 0.76 | 1.35 | 1.38 |
| Return on Equity (ROE) | 35.05% | 20.85% | 12.78% | 9.87% | 14.45% | 27.43% |
| Return on Assets (ROA) | 11.54% | 9.69% | 5.83% | 5.44% | 6.78% | 6.29% |
| Return on Invested Capital (ROIC) | 19.74% | 16.26% | 10.36% | 9.00% | 11.36% | 13.88% |
| Return on Capital Employed (ROCE) | 22.70% | 18.70% | 12.50% | 10.30% | 12.80% | 10.60% |
| Earnings Yield | 5.28% | 3.02% | 1.73% | 1.46% | 2.55% | 3.39% |
| FCF Yield | 4.41% | 3.52% | 3.39% | 3.49% | 3.38% | 2.45% |
| Buyback Yield / Dilution | 1.95% | -0.03% | -1.18% | -0.93% | 0.11% | -1.81% |