stockrow
Saturday 7 November 2026
Export PTC’s income statement to Excel — free account
PTC Inc.
PTC Technology Software Application
PTC Inc.’s revenue for fiscal 2026 (year ended September 2026) was $2.7 billion, roughly unchanged from fiscal 2025.
- Revenue
- −24.7%
- EPS
- −51.2%
- Free cash flow
- +3.02%
- Total debt
- +34.4%
Quarter to September 2026, against a year earlier
195.07
0.47
+0.24%
Follow PTC
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to September
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | 1,164 | 1,242 | 1,256 | 1,458 | 1,807 | 1,933 | 2,097 | 2,298 | 2,739 | 2,733 | +9.9% | 2,895 | 3,129 | — | +7.0% | |
| Gross margin, % | 71.78 | 73.71 | 74.09 | 77.08 | 79.46 | 80.04 | 78.97 | 80.65 | 83.76 | 83.29 | +11.5 pt | ||||||
| EBT | (1) | 29 | 20 | 135 | 392 | 397 | 333 | 469 | 920 | 1,297 | n/m | ||||||
| EBT margin, % | (0.12) | 2.31 | 1.62 | 9.24 | 21.68 | 20.54 | 15.86 | 20.40 | 33.59 | 47.46 | +47.6 pt | ||||||
| Net income | 6 | 52 | (27) | 131 | 477 | 313 | 246 | 376 | 734 | 1,033 | +76.4% | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | 10.08 | 10.67 | 10.67 | 12.61 | 15.47 | 16.50 | 17.72 | 19.21 | 22.83 | 23.72 | +10.0% | |||||
| Earnings | 0.05 | 0.45 | (0.23) | 1.13 | 4.08 | 2.67 | 2.07 | 3.14 | 6.18 | 8.97 | +78.0% | ||||||
| Cash flow | 1.17 | 2.13 | 2.42 | 2.02 | 3.16 | 3.71 | 5.16 | 6.27 | 7.23 | 7.80 | +23.5% | ||||||
| Capex | (0.22) | (0.34) | (0.55) | (0.27) | (0.22) | (0.22) | (0.21) | (0.15) | (0.09) | (0.23) | +0.2% | ||||||
| Free cash flow | 0.95 | 1.79 | 1.88 | 1.75 | 2.94 | 3.49 | 4.95 | 6.11 | 7.14 | 7.57 | +25.9% | ||||||
| Book value | 7.66 | 7.51 | 10.21 | 12.43 | 17.45 | 19.59 | 22.62 | 26.86 | 31.88 | 29.61 | +16.2% | ||||||
| Shares, m | 116 | 116 | 118 | 116 | 117 | 117 | 118 | 120 | 120 | 115 | 0.0% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | 1,125.60 | 235.27 | 0.00 | 73.20 | 29.36 | 39.18 | 67.71 | 57.35 | 32.90 | 15.79 | 167.6 | |||||
| P/S | 5.59 | 9.92 | 6.39 | 6.56 | 7.74 | 6.34 | 7.95 | 9.41 | 8.89 | 5.59 | 7.4 | ||||||
| P/B | 7.34 | 14.09 | 6.68 | 6.65 | 6.87 | 5.34 | 6.23 | 6.73 | 6.37 | 4.40 | 7.1 | ||||||
| EV/Sales | 5.98 | 10.25 | 6.73 | 7.07 | 8.38 | 6.91 | 8.62 | 10.05 | 9.26 | 6.10 | 7.9 | ||||||
| EV/FCF | 63.46 | 60.99 | 38.80 | 50.87 | 44.06 | 32.63 | 30.83 | 31.61 | 29.79 | 19.21 | 40.2 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | 135 | 248 | 285 | 234 | 369 | 435 | 611 | 750 | 868 | 899 | +23.4% | |||||
| Capex | (25) | (39) | (64) | (31) | (25) | (26) | (25) | (18) | (11) | (26) | +0.2% | ||||||
| Free cash flow | 110 | 209 | 221 | 203 | 344 | 409 | 586 | 732 | 857 | 873 | +25.9% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | (12) | (101) | 144 | 153 | 294 | 276 | (394) | (368) | 146 | 519 | n/m | |||||
| Net debt | 414 | 357 | 372 | 737 | 1,141 | 1,100 | 1,408 | 1,483 | 1,013 | 1,377 | +14.3% | ||||||
| Shareholders’ equity | 885 | 875 | 1,202 | 1,438 | 2,038 | 2,296 | 2,677 | 3,214 | 3,826 | 3,412 | +16.2% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | 0.27 | 2.22 | (1.10) | 4.32 | 12.09 | 6.81 | 4.47 | 5.94 | 11.29 | 15.50 | +15.2 pt | |||||
| ROIC | 2.01 | 3.68 | 2.50 | 6.06 | 7.48 | 8.23 | 7.01 | 7.82 | 12.69 | 11.69 | +9.7 pt | ||||||
| ROE | 0.72 | 5.91 | (2.64) | 9.90 | 27.44 | 14.45 | 9.87 | 12.78 | 20.85 | 0.00 | (0.7) pt | ||||||
| People | |||||||||||||||||
| People | Employees | 6,041 | 6,110 | 6,055 | 6,243 | 6,709 | 6,503 | 7,231 | 7,501 | 7,642 | — | +3.0% | |||||
| Revenue/emp, $m | 0.19 | 0.20 | 0.21 | 0.23 | 0.27 | 0.30 | 0.29 | 0.31 | 0.36 | 0.00 | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Sep 2026 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026
Business profile
Where the money comes from and where it goes Fiscal 2022
| Segment Software Products | 1,770 | 91.56% |
|---|---|---|
| Professional Services | 163 | 8.44% |
| Gross margin | 80.04% | |
| Operating margin | 23.14% | |
| Pre-tax margin | 20.54% |
PTC Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BSP Bending Spoons S.p.A. | $29.6B | 156× | 64.2× | — | — | — | 65.84% | 34.12% | Compare |
| ZM Zoom Communications, Inc. | $25.9B | 8.1× | 10.8× | +4.93% (above 0%: growing) | +342.86% (above 0%: growing) | −7.02% (below 0%: shrinking) | 77.16% | 24.61% | Compare |
| U Unity Software Inc. | $21.5B | — (loss-making) | — (loss-making) | +32.19% (above 0%: growing) | n/m | +45.22% (above 0%: growing) | 81.92% | 16.18% | Compare |
| PTC PTC Inc. | $21.1B | 22.0× | 28.6× | −24.67% (below 0%: shrinking) | −51.18% (below 0%: shrinking) | +3.02% (above 0%: growing) | 82.79% | 31.58% | |
| SSNC SS&C Technologies Holdings, Inc. | $18.4B | 21.6× | 19.9× | +10.34% (above 0%: growing) | +33.78% (above 0%: growing) | +14.94% (above 0%: growing) | 48.26% | 24.60% | Compare |
| TYL Tyler Technologies, Inc. | $17.1B | 52.4× | 48.9× | +8.67% (above 0%: growing) | +19.80% (above 0%: growing) | +11.88% (above 0%: growing) | 49.14% | 18.07% | Compare |
| FICO Fair Isaac Corporation | $15.3B | 19.1× | 18.3× | +27.40% (above 0%: growing) | +25.90% (above 0%: growing) | +34.86% (above 0%: growing) | 86.91% | 40.57% | Compare |
| MANH Manhattan Associates, Inc. | $14.8B | 69.9× | 69.6× | +11.02% (above 0%: growing) | +8.25% (above 0%: growing) | −22.46% (below 0%: shrinking) | 56.93% | 26.45% | Compare |
| DOCU Docusign Inc. | $14.8B | 46.5× | 42.7× | +9.38% (above 0%: growing) | +32.26% (above 0%: growing) | +35.89% (above 0%: growing) | 79.69% | 13.43% | Compare |
| Median of peers | $17.7B | 46.5× | 42.7× | +10.34% | +29.08% | +14.94% | 71.50% | 24.61% |
From the latest earnings call
- Neil Barua said customer demand for AI is increasing the strategic importance of PTC’s systems of record and product-data foundations.
- Jen DiRico said PTC raised its annual constant-currency ARR growth outlook excluding divested businesses to 9% to 9.5%.
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
101.14%
Held by the ten largest
59.49%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| Vanguard | 14.49m | 13.09% | −329.37k |
| T. Rowe Price | 14.22m | 12.84% | −8.01m |
| BlackRock | 11.50m | 10.39% | −56.14k |
| State Street | 6.45m | 5.83% | +596.96k |
| Geode Capital Management | 3.75m | 3.39% | +82.80k |
| Jupiter Topco | 3.68m | 3.33% | +3.68m |
| Pictet Asset Management | 3.68m | 3.32% | +174.61k |
| Norges Bank | 3.14m | 2.83% | +3.14m |
| Invesco | 2.68m | 2.42% | +706.21k |
| Citadel Advisors | 2.27m | 2.05% | +1.69m |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
PTC Inc. (PTC) Latest News
21 Oct
19 Oct
7 Oct
6 Oct
5 Oct
PTC metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
PTC is a Boston-based global software company led by President and Chief Executive Officer Neil Barua. It provides software that helps manufacturers and other product companies manage the information, processes and people involved in designing, producing, servicing and retiring products.
Its core idea is the Intelligent Product Lifecycle: creating a product-data foundation in engineering, then making that data available across the enterprise. This can connect design, product configuration, quality, service, supply-chain and other workflows. PTC says that a reliable, accessible record of product data is also a foundation for customers’ AI work.