PTC Financials PTC Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 4, 2026, 19:37 UTC Overview →

Growth & profitability

Revenue has grown 13.4% per year over the past 5 years.
Net income has grown faster than revenue (41.2% vs 13.4% per year).
Operating margin has expanded, at 35.9% in the latest year.
Free cash flow has grown 32.0% per year over the past 5 years.

Financial health

Total debt ($1.2B) exceeds cash ($184M); net debt is $1.0B.
Total debt has grown slower than revenue (3.6% vs 13.4% per year).
Operating income covered interest expense 13× in the latest year, up from 2.8× 5 years ago.
Total debt is 1.1× EBITDA.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.7B	$734M	83.8%	35.9%	19.2%	11.1%	$857M	$1.2B	$184M
2024	$2.3B	$376M	80.6%	25.6%	11.7%	5.9%	$736M	$1.7B	$266M
2023	$2.1B	$246M	79.0%	21.9%	9.2%	3.9%	$587M	$1.7B	$288M
2022	$1.9B	$313M	80.0%	23.1%	13.6%	6.7%	$416M	$1.4B	$272M
2021	$1.8B	$477M	79.5%	21.1%	23.4%	10.6%	$344M	$1.4B	$327M
2020	$1.5B	$131M	77.1%	14.5%	9.1%	3.9%	$214M	$1.0B	$275M
2019	$1.3B	-$27M	74.1%	5.0%	-2.3%	-1.0%	$221M	$669M	$270M
2018	$1.2B	$52M	73.7%	5.8%	5.9%	2.2%	$212M	$643M	$260M
2017	$1.2B	$6M	71.8%	3.6%	0.7%	0.3%	$110M	—	$280M
2016	—	-$54M	—	—	-6.5%	-2.3%	$157M	—	$278M
2015	—	$48M	—	—	5.5%	2.2%	$149M	—	$273M
2014	—	$160M	—	—	18.8%	7.3%	$279M	—	$294M
2013	—	$144M	—	—	15.5%	7.9%	$195M	—	$242M
2012	—	-$35M	—	—	-4.4%	-2.0%	$187M	—	$490M
2011	—	$85M	—	—	10.4%	5.2%	$51M	—	$168M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$600M	$119M	81.7%	27.7%	3.4%	1.8%	$249M	$1.4B	$351M
Mar '26	$774M	$591M	85.3%	38.2%	15.3%	9.0%	$318M	$1.2B	$439M
Dec '25	$686M	$167M	82.8%	32.2%	4.3%	2.6%	$267M	$1.2B	$210M
Sep '25	$894M	$348M	86.9%	48.5%	9.1%	5.3%	$100M	$1.2B	$184M
Jun '25	$644M	$141M	82.9%	32.6%	4.0%	2.3%	$242M	$1.2B	$199M
Mar '25	$636M	$163M	83.3%	35.1%	4.8%	2.6%	$279M	$1.4B	$235M
Dec '24	$565M	$82M	80.2%	20.4%	2.5%	1.4%	$236M	$1.5B	$196M
Sep '24	$627M	$127M	82.0%	31.0%	3.9%	2.0%	$94M	$1.7B	$266M
Jun '24	$519M	$69M	78.4%	18.5%	2.3%	1.1%	$212M	$1.8B	$248M
Mar '24	$603M	$114M	81.8%	29.8%	3.9%	1.8%	$247M	$2.0B	$249M
Dec '23	$550M	$66M	80.0%	21.6%	2.4%	1.1%	$183M	$2.3B	$265M
Sep '23	$547M	$46M	78.8%	22.2%	1.7%	0.7%	$44M	$1.7B	$288M
Jun '23	$542M	$61M	78.6%	20.3%	2.4%	1.0%	$164M	$1.7B	$282M
Mar '23	$542M	$64M	79.1%	22.6%	2.5%	1.0%	$207M	$1.9B	$320M
Dec '22	$466M	$75M	79.4%	22.5%	3.1%	1.6%	$172M	$1.4B	$388M
Sep '22	$508M	$107M	81.2%	28.7%	4.7%	2.3%	$29M	$1.4B	$272M
Jun '22	$462M	$70M	77.9%	17.3%	3.3%	1.5%	$112M	$1.4B	$322M
Mar '22	$505M	$90M	81.5%	31.5%	4.3%	2.0%	$140M	$1.3B	$307M
Dec '21	$458M	$46M	79.2%	13.6%	2.4%	1.0%	$134M	$1.4B	$296M
Sep '21	$481M	$293M	79.2%	24.0%	14.4%	6.5%	$32M	$1.4B	$327M

Valuation over time

How the market has priced PTC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 44.4× (Mar '23) to 28.7× (Nov '26).
The price-to-sales ratio has risen from 7.2× (Mar '23) to 7.7× (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is PTC growing its revenue and profit?

Over the past 5 years, PTC Inc.'s revenue has grown 13.4% per year, and net income grown 41.2% per year. These are computed facts, not advice.

How much debt does PTC have?

As of FY2025, PTC Inc. reported $1.2B of total debt against $184M of cash; operating income covered interest expense 13×.

What is PTC's profit margin?

In FY2025, gross margin was 83.8%, operating margin 35.9%, and net margin 26.8%.

What is PTC's P/E ratio?

PTC Inc.'s P/E (TTM) is 17.24 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the PTC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 28.7× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.