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 28 h ago 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

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	FCF	Total debt	Cash
2025	$2.7B	$734M	83.8%	35.9%	$857M	$1.2B	$184M
2024	$2.3B	$376M	80.6%	25.6%	$736M	$1.7B	$266M
2023	$2.1B	$246M	79.0%	21.9%	$587M	$1.7B	$288M
2022	$1.9B	$313M	80.0%	23.1%	$416M	$1.4B	$272M
2021	$1.8B	$477M	79.5%	21.1%	$344M	$1.4B	$327M
2020	$1.5B	$131M	77.1%	14.5%	$214M	$1.0B	$275M
2019	$1.3B	-$27M	74.1%	5.0%	$221M	$669M	$270M
2018	$1.2B	$52M	73.7%	5.8%	$212M	$643M	$260M
2017	$1.2B	$6M	71.8%	3.6%	$110M	—	$280M
2016	—	-$54M	—	—	$157M	—	$278M
2015	—	$48M	—	—	$149M	—	$273M
2014	—	$160M	—	—	$279M	—	$294M
2013	—	$144M	—	—	$195M	—	$242M
2012	—	-$35M	—	—	$187M	—	$490M
2011	—	$85M	—	—	$51M	—	$168M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
Mar '26	$774M	$591M	85.3%	38.2%	$318M	$1.2B	$439M
Dec '25	$686M	$167M	82.8%	32.2%	$267M	$1.2B	$210M
Sep '25	$894M	$348M	86.9%	48.5%	$100M	$1.2B	$184M
Jun '25	$644M	$141M	82.9%	32.6%	$242M	$1.2B	$199M
Mar '25	$636M	$163M	83.3%	35.1%	$279M	$1.4B	$235M
Dec '24	$565M	$82M	80.2%	20.4%	$236M	$1.5B	$196M
Sep '24	$627M	$127M	82.0%	31.0%	$94M	$1.7B	$266M
Jun '24	$519M	$69M	78.4%	18.5%	$212M	$1.8B	$248M
Mar '24	$603M	$114M	81.8%	29.8%	$247M	$2.0B	$249M
Dec '23	$550M	$66M	80.0%	21.6%	$183M	$2.3B	$265M
Sep '23	$547M	$46M	78.8%	22.2%	$44M	$1.7B	$288M
Jun '23	$542M	$61M	78.6%	20.3%	$164M	$1.7B	$282M
Mar '23	$542M	$64M	79.1%	22.6%	$207M	$1.9B	$320M
Dec '22	$466M	$75M	79.4%	22.5%	$172M	$1.4B	$388M
Sep '22	$508M	$107M	81.2%	28.7%	$29M	$1.4B	$272M
Jun '22	$462M	$70M	77.9%	17.3%	$112M	$1.4B	$322M
Mar '22	$505M	$90M	81.5%	31.5%	$140M	$1.3B	$307M
Dec '21	$458M	$46M	79.2%	13.6%	$134M	$1.4B	$296M
Sep '21	$481M	$293M	79.2%	24.0%	$32M	$1.4B	$327M
Jun '21	$436M	$51M	78.2%	16.9%	$85M	$1.5B	$366M

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 47.3× (Mar '23) to 17.7× (Jun '26).
The price-to-sales ratio has fallen from 7.7× (Mar '23) to 4.7× (Jun '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?

As of Jun '26, PTC Inc. traded at a price-to-earnings ratio of about 17.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.