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    PTC Inc (PTC)

    Financials

    Updated Feb 18, 2025, 5:23 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 2025
    License Revenue (USD, thousands)184,391.00747,022183,998234,321.00149,104.00239,448.00806,871172,754
    Support and cloud services Revenue (USD, thousands)324,088.001,199,536330,469336,446.00339,505.00352,935.001,359,355360,962
    Total software revenue (USD, thousands)508,479.001,946,558514,467570,767.00488,609.00592,383.002,166,226533,716
    Professional services Revenue (USD, thousands)38,141.00150,49535,74732,305.0030,030.0034,164.00132,24631,412
    Total Revenue (USD, thousands)546,620.002,097,053550,214603,072.00518,639.00626,547.002,298,472565,128
    Cost of license revenue (USD, thousands)11,907.0053,20010,32910,602.0012,072.0013,847.0046,85010,223
    Cost of support and cloud services revenue (USD, thousands)67,401.00245,02767,02367,414.0069,968.0070,194.00274,59971,352
    Total cost of software revenue (USD, thousands)79,308.00298,22777,35278,016.0082,040.0084,041.00321,44981,575
    Cost of professional services revenue (USD, thousands)36,548.00142,77932,66832,039.0029,876.0028,784.00123,36730,222
    Total Cost of Revenue (USD, thousands)115,856.00441,006110,020110,055.00111,916.00112,825.00444,816111,797
    Gross Margin (USD, thousands)430,764.001,656,047440,194493,017.00406,723.00513,722.001,853,656453,331
    Sales and marketing Expenses (USD, thousands)137,452.00530,125136,924134,521.00140,318.00147,191.00558,954157,532
    Research and development Expenses (USD, thousands)102,025.00394,370105,783106,998.00110,253.00110,013.00433,047115,516
    General and administrative Expenses (USD, thousands)59,567.00233,51669,20661,526.0049,659.0051,986.00232,37753,319
    Amortization of acquired intangible assets Expenses (USD, thousands)10,670.0040,02210,36310,424.0010,672.0010,559.0042,01811,440
    Restructuring and other credits, net (USD, thousands)(84.00)(460)(795)(7.00)0.000.00(802)-
    Total Operating Expenses (USD, thousands)309,630.001,197,573321,481313,462.00310,902.00319,749.001,265,594337,807
    Operating Income (USD, thousands)121,134.00458,474118,713179,555.0095,821.00193,973.00588,062115,524
    Interest expense (USD, thousands)(35,698.00)(129,417)(35,334)(31,586.00)(27,785.00)(24,948.00)(119,653)(22,048)
    Other income (expense), net (USD, thousands)3,111.003,5092,220(2,224.00)(663.00)1,220.00553(322)
    Income before income taxes (USD, thousands)88,547.00332,56685,599145,745.0067,373.00170,245.00468,96293,154
    Provision for income taxes (USD, thousands)42,944.0087,02619,21231,300.00(1,605.00)43,722.0092,62910,922
    Net Income (USD, thousands)45,603.00245,54066,387114,445.0068,978.00126,523.00376,33382,232
    Earnings per share - Basic (USD)0.382.070.560.960.571.053.140.68
    Earnings per share - Diluted (USD)0.382.060.550.950.571.053.120.68
    Weighted-average shares outstanding - Basic (thousands)155.00118,341119,124230.00179.00146.00119,679120,243
    Weighted-average shares outstanding - Diluted (thousands)262.00119,334120,250230.00113.00149.00120,742121,145
    Balance Sheet - Metric (Unit, Scale)Q1 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 2025
    Current Assets (USD, thousands)-1,277,3661,134,4091,152,8081,091,771-1,298,7051,084,540
    Cash and Cash Equivalents (USD, thousands)-288,103264,997248,971247,749-265,808196,338
    Accounts Receivable (USD, thousands)-811,398678,000705,493674,959-861,953694,807
    Inventory (USD, thousands)--------
    Non-Current Assets (USD, thousands)-5,011,4765,136,7485,052,4555,036,374-5,084,8374,990,824
    Property, Plant, and Equipment (PP&E) (USD, thousands)-88,39185,38981,81177,535-75,18771,069
    Goodwill (USD, thousands)-3,358,5113,458,4633,446,3733,442,245-3,461,8913,423,420
    Intangible Assets (USD, thousands)-941,249953,370931,471910,505-897,476872,108
    Current Liabilities (USD, thousands)-1,671,185950,3331,515,0161,569,249-1,667,1931,561,440
    Accounts Payable (USD, thousands)-43,48014,38419,63747,153-24,19820,689
    Short-term Debt (USD, thousands)-9,37512,500514,677518,071-521,467524,864
    Accrued Expenses (USD, thousands)-132,841118,751110,353123,090-129,528114,939
    Non-Current Liabilities (USD, thousands)-1,940,3672,514,1711,747,1151,544,217-1,501,9511,284,103
    Long-term Debt (USD, thousands)-1,686,4102,248,3551,491,0641,293,083-1,227,1051,019,127
    Lease Liabilities (USD, thousands)-193,192166,458160,953156,987-157,568175,890
    Deferred Tax Liabilities (USD, thousands)-29,50840,75837,56837,255-32,21630,032
    Shareholders' Equity (USD, thousands)-2,677,2902,806,6532,943,1323,014,679-3,214,3983,229,821
    Retained Earnings (USD, thousands)-973,2771,039,6641,154,1091,223,087-1,349,6101,431,842
    Common Stock (USD, thousands)-1,1881,1941,1971,200-1,2021,202
    Additional Paid-in Capital (USD, thousands)-1,820,9051,860,9341,901,1091,910,615-1,965,3071,936,411
    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 2025
    Net Income (USD, thousands)45,603.00245,54066,387-----
    Depreciation and Amortization (USD, thousands)27,817.00104,76027,222-----
    Amortization of Right-of-Use Lease Assets (USD, thousands)7,697.0032,4027,724-----
    Stock-Based Compensation (USD, thousands)58,891.00206,45959,013-----
    Other Non-Cash Items, Net (USD, thousands)(951.00)(4,065)(1,086)-----
    Net Cash Provided by Operating Activities (USD, thousands)49,769.00610,861187,341-----
    Additions to Property and Equipment (USD, thousands)(5,779.00)(23,814)(4,563)-----
    Acquisitions of Businesses, Net of Cash Acquired (USD, thousands)0.00(828,271)(93,457)-----
    Settlement of Net Investment Hedges (USD, thousands)6,602.00(7,602)(7,347)-----
    Divestitures of Businesses and Assets, Net (USD, thousands)0.00(154)------
    Net Cash Used in Investing Activities (USD, thousands)23.00(866,115)(105,367)-----
    Repayments of Borrowings Under Credit Facility and Acquired Debt (USD, thousands)(453,000.00)(1,197,000)(181,441)-----
    Payments of Withholding Taxes in Connection with Stock-Based Awards (USD, thousands)(6,959.00)(82,448)(50,326)-----
    Payments of Principal for Financing Leases (USD, thousands)(319.00)(536)------
    Credit Facility Origination Costs (USD, thousands)0.00(13,355)------
    Payment of Deferred Acquisition Consideration (USD, thousands)--(620,040)-----
    Net Cash Used in Financing Activities (USD, thousands)(39,218.00)268,313(111,962)-----
    Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash (USD, thousands)(3,984.00)2,8516,689-----
    Net Change in Cash, Cash Equivalents, and Restricted Cash (USD, thousands)6,590.0015,910(23,299)-----
    Accounts Receivable (USD, thousands)(98,607)(98,607)153,950-----
    Accounts Payable and Accrued Expenses (USD, thousands)15,91815,918(51,204)-----
    Accrued Compensation and Benefits (USD, thousands)7,8457,845(13,483)-----
    Deferred Revenue (USD, thousands)56,57256,572(29,094)-----
    Accrued Income Taxes (USD, thousands)4,6394,63913,467-----
    Other Current Assets and Prepaid Expenses (USD, thousands)6,9746,974(19,338)-----
    Operating Lease Liabilities (USD, thousands)(1,929)(1,929)(4,953)-----
    Other Noncurrent Assets and Liabilities (USD, thousands)17,67717,677(21,264)-----
    Borrowings Under Credit Facility (USD, thousands)1,540,0001,540,000739,845-----
    Cash, Cash Equivalents, and Restricted Cash, Beginning of Period (USD, thousands)272,888272,888288,798-----
    Cash, Cash Equivalents, and Restricted Cash, End of Period (USD, thousands)288,798288,798265,499-----
    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 2025
    License184.4747.0184.0234.3149.1239.5806.9172.8
    Support and Cloud Services3241,199.5330.5336.4339.53531,359.4361.0
    Professional Services38.1150.535.732.330.034.2132.231.4
    PLM321.51,186.0314.7343.6300.3374.81,333.4323.6
    CAD186.9760.6199.8227.2188.3217.5832.8210.1
    Recurring Revenue--506.0564.0--2,134.0524.3
    Perpetual License--8.46.8--32.29.4
    - Digital Thread - Core--------
    - Digital Thread - Growth--------
    - Digital Thread - FSG--------
    - Velocity--------
    Solutions Products--------
    IoT Products--------
    Total Revenue546.72,097.1550.2603.1518.6626.62,298.5565.1
    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 2025
    Americas261.721,023.3267.3260.622253.592306.391,087.9277.97
    - United States--------
    Europe203.93753.8197.0257.309170.617234.47859.4196.02
    - Germany--------
    Asia Pacific80.96320.086.085.14194.43085.63351.291.14
    Pacific Rim--------
    Japan--------
    Total Revenue546.722,097.1550.2603.072518.639626.592,298.5565.13
    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 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-