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    PTC (PTC)

    Financials

    Updated May 1, 2025, 9:33 PM UTC
    Income Statement - MetricQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    License Revenue (USD, thousands)747,022183,998234,321.00149,104.00239,448.00806,871172,754254,395
    Support and cloud services Revenue (USD, thousands)1,199,536330,469336,446.00339,505.00352,935.001,359,355360,962352,990
    Total software revenue (USD, thousands)1,946,558514,467570,767.00488,609.00592,383.002,166,226533,716607,385
    Professional services Revenue (USD, thousands)150,49535,74732,305.0030,030.0034,164.00132,24631,41228,981
    Total Revenue (USD, thousands)2,097,053550,214603,072.00518,639.00626,547.002,298,472565,128636,366
    Cost of license revenue (USD, thousands)53,20010,32910,602.0012,072.0013,847.0046,85010,22310,939
    Cost of support and cloud services revenue (USD, thousands)245,02767,02367,414.0069,968.0070,194.00274,59971,35270,303
    Total cost of software revenue (USD, thousands)298,22777,35278,016.0082,040.0084,041.00321,44981,57581,242
    Cost of professional services revenue (USD, thousands)142,77932,66832,039.0029,876.0028,784.00123,36730,22225,020
    Total Cost of Revenue (USD, thousands)441,006110,020110,055.00111,916.00112,825.00444,816111,797106,262
    Gross Margin (USD, thousands)1,656,047440,194493,017.00406,723.00513,722.001,853,656453,331530,104
    Sales and marketing Expenses (USD, thousands)530,125136,924134,521.00140,318.00147,191.00558,954157,532125,031
    Research and development Expenses (USD, thousands)394,370105,783106,998.00110,253.00110,013.00433,047115,516111,023
    General and administrative Expenses (USD, thousands)233,51669,20661,526.0049,659.0051,986.00232,37753,31954,993
    Amortization of acquired intangible assets Expenses (USD, thousands)40,02210,36310,424.0010,672.0010,559.0042,01811,44011,380
    Total Operating Expenses (USD, thousands)1,197,573321,481313,462.00310,902.00319,749.001,265,594337,807306,640
    Operating Income (USD, thousands)458,474118,713179,555.0095,821.00193,973.00588,062115,524223,464
    Interest expense (USD, thousands)(129,417)(35,334)(31,586.00)(27,785.00)(24,948.00)(119,653)(22,048)(19,606)
    Other income (expense), net (USD, thousands)3,5092,220(2,224.00)(663.00)1,220.00553(322)1,391
    Income before income taxes (USD, thousands)332,56685,599145,745.0067,373.00170,245.00468,96293,154205,249
    Provision for income taxes (USD, thousands)87,02619,21231,300.00(1,605.00)43,722.0092,62910,92242,605
    Net Income (USD, thousands)245,54066,387114,445.0068,978.00126,523.00376,33382,232162,644
    Earnings per share - Basic (USD)2.070.560.960.571.053.140.681.35
    Earnings per share - Diluted (USD)2.060.550.950.571.053.120.681.35
    Weighted-average shares outstanding - Basic (thousands)118,341119,124230.00179.00146.00119,679120,243120,177
    Weighted-average shares outstanding - Diluted (thousands)119,334120,250230.00113.00149.00120,742121,145120,854
    Balance Sheet - MetricQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Cash and cash equivalents (USD, thousands)--248,971247,749265,808265,808196,338-
    Accounts receivable, net (USD, thousands)--705,493674,959861,953861,953694,807-
    Prepaid expenses (USD, thousands)--137,393109,373102,931102,931117,902-
    Other current assets (USD, thousands)--60,95159,69068,01368,01375,493-
    Total current assets (USD, thousands)--1,152,8081,091,7711,298,7051,298,7051,084,540-
    Property and equipment, net (USD, thousands)--81,81177,53575,18775,18771,069-
    Goodwill (USD, thousands)--3,446,3733,442,2453,461,8913,461,8913,423,420-
    Acquired intangible assets, net (USD, thousands)--931,471910,505897,476897,476872,108-
    Deferred tax assets (USD, thousands)--109,204151,659159,404159,404164,259-
    Operating right-of-use lease assets (USD, thousands)--135,262131,297133,317133,317128,357-
    Other assets (USD, thousands)--348,334323,133357,562357,562331,611-
    Total assets (USD, thousands)--6,205,2636,128,1456,383,5426,383,5426,075,364-
    Accounts payable (USD, thousands)--19,63747,15324,19824,19820,689-
    Accrued expenses and other current liabilities (USD, thousands)--110,353123,090129,528129,528114,939-
    Accrued compensation and benefits (USD, thousands)--119,326161,073173,797173,797134,924-
    Accrued income taxes (USD, thousands)--19,34825,36639,97839,97837,288-
    Current portion of long-term debt (USD, thousands)--514,677518,071521,467521,467524,864-
    Deferred revenue (USD, thousands)--708,839671,209754,039754,039706,175-
    Short-term lease obligations (USD, thousands)--22,83623,28724,18624,18622,561-
    Total current liabilities (USD, thousands)--1,515,0161,569,2491,667,1931,667,1931,561,440-
    Long-term debt (USD, thousands)--1,491,0641,293,0831,227,1051,227,1051,019,127-
    Deferred tax liabilities (USD, thousands)--37,56837,25532,21632,21630,032-
    Long-term deferred revenue (USD, thousands)--15,73216,40521,23521,23519,992-
    Long-term lease obligations (USD, thousands)--160,953156,987157,568157,568153,329-
    Other liabilities (USD, thousands)--41,79840,48763,82763,82761,623-
    Total liabilities (USD, thousands)--3,262,1313,113,4663,169,1443,169,1442,845,543-
    Common stock (USD, thousands)--1,1971,2001,2021,2021,202-
    Additional paid-in capital (USD, thousands)--1,901,1091,910,6151,965,3071,965,3071,936,411-
    Retained earnings (USD, thousands)--1,154,1091,223,0871,349,6101,349,6101,431,842-
    Accumulated other comprehensive loss (USD, thousands)--(113,283)(120,223)(101,721)(101,721)(139,634)-
    Total stockholders’ equity (USD, thousands)--2,943,1323,014,6793,214,3983,214,3983,229,821-
    Total liabilities and stockholders’ equity (USD, thousands)--6,205,2636,128,1456,383,5426,383,5426,075,364-
    Cash Flow - MetricQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Net Income (USD, thousands)245,54066,387------
    Depreciation and Amortization (USD, thousands)104,76027,222------
    Amortization of Right-of-Use Lease Assets (USD, thousands)32,4027,724------
    Stock-Based Compensation (USD, thousands)206,45959,013------
    Other Non-Cash Items, Net (USD, thousands)(4,065)(1,086)------
    Net Cash Provided by Operating Activities (USD, thousands)610,861187,341-----281,300
    Additions to Property and Equipment (USD, thousands)(23,814)(4,563)-----(2,800)
    Acquisitions of Businesses, Net of Cash Acquired (USD, thousands)(828,271)(93,457)------
    Settlement of Net Investment Hedges (USD, thousands)(7,602)(7,347)------
    Net Cash Used in Investing Activities (USD, thousands)(866,115)(105,367)------
    Repayments of Borrowings Under Credit Facility and Acquired Debt (USD, thousands)(1,197,000)(181,441)------
    Payments of Withholding Taxes in Connection with Stock-Based Awards (USD, thousands)(82,448)(50,326)------
    Payment of Deferred Acquisition Consideration (USD, thousands)-(620,040)------
    Net Cash Used in Financing Activities (USD, thousands)268,313(111,962)------
    Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash (USD, thousands)2,8516,689------
    Net Change in Cash, Cash Equivalents, and Restricted Cash (USD, thousands)15,910(23,299)------
    Borrowings Under Credit Facility (USD, thousands)1,540,000739,845-----860,000
    Cash, Cash Equivalents, and Restricted Cash, Beginning of Period (USD, thousands)272,888288,798-----266,466
    Cash, Cash Equivalents, and Restricted Cash, End of Period (USD, thousands)288,798265,499-----235,742
    Revenue by Segment - in Millions of USDQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    License747.0184.0234.3149.1239.5806.9172.8254.4
    Support and Cloud Services1,199.5330.5336.4339.53531,359.4361.0353.0
    Professional Services150.535.732.330.034.2132.231.429.0
    PLM1,186.0314.7343.6300.3374.81,333.4323.6368.4
    CAD760.6199.8227.2188.3217.5832.8210.1239.0
    Recurring Revenue-506.0564.0--2,134.0524.3601.5
    Perpetual License-8.46.8--32.29.45.8
    - Digital Thread - Core--------
    - Digital Thread - Growth--------
    - Digital Thread - FSG--------
    - Velocity--------
    Solutions Products--------
    IoT Products--------
    Total Revenue2,097.1550.2603.1518.6626.62,298.5565.1636.4
    Revenue by Geography - in Millions of USDQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019 (ASC 605)Q2 2019Q3 2019Q4 2019FY 2019 (ASC 606)Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Americas1,023.3267.3260.622253.592306.391,087.9277.97292.823
    - United States--------
    Europe753.8197.0257.309170.617234.47859.4196.02251.148
    - Germany--------
    Asia Pacific320.086.085.14194.43085.63351.291.1492.395
    Pacific Rim--------
    Japan--------
    Total Revenue2,097.1550.2603.072518.639626.592,298.5565.13636.366
    KPIs - Metric (Unit, Scale)Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015 (Jan 3, )Q2 2015 (Apr 4, )Q3 2015 (Jul 4, )Q4 2015FY 2015 (Sep 30, )Q1 2016 (Jan 2, )Q2 2016 (Apr 2, )Q3 2016 (Jul 2, )Q4 2016FY 2016 (Sep 30, )Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Annual Run Rate (USD millions)1,978.62,057.22,088.52,126.1-2,254.7--
    PLM ARR year-over-year growth (as reported) (percentage)36%34%12%12%-15%--
    PLM ARR year-over-year growth (constant currency) (percentage)34331313-13--
    CAD ARR year-over-year growth (as reported) (percentage)121198-13--
    CAD ARR year-over-year growth (constant currency) (percentage)10%10%11%10%-10%--
    Additional performance obligations (USD millions)2,051.02,165.22,053.52,069.8-2,269.3--