PTC's fundamental outlook is supported by a strengthening balance sheet, with D/E improving from 0.74 to 0.46 and deferred revenue surging 93% to $1.4B, indicating robust future revenue visibility.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth is volatile, swinging from -6.8% in 2026Q3 to +21.7% in 2026Q2, yet gross margins remain resilient above 80%, peaking at 86.9% in 2025Q4, though operating margins fluctuate widely from 18.5% to 48.5%.
PTC demonstrates robust financial health with 19% revenue growth, 95% earnings growth, 34.4% ROE, and positive free cash flow, trading at a P/E of 11.37 below the sector average.
PTC is a high-growth, high-quality company with a 13.4% 5Y revenue CAGR, improving profitability, and strong pricing power (89/100), indicating a well-managed business.
Partnerships like Toyota Racing Development U.S.A. adopting PTC's Creo CAD and Windchill PLM highlight the company's role in enhancing engineering quality and speed to market.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $2.03+3.0% vs $1.97 | $673M+1.5% vs $664M |
Q3 2026 Jul 29, 2026 | $1.58+0.6% vs $1.57 | $600M-1.9% vs $612M |
Q2 2026 May 6, 2026 | $2.69+28.1% vs $2.10 | $774M+8.7% vs $712M |
Q1 2026 Feb 4, 2026 | $1.92+20.8% vs $1.59 | $686M+7.3% vs $639M |
While the top- and bottom-line numbers for PTC Inc. (PTC) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PTC's Q4 fiscal 2026 earnings and revenues beat estimates, while ARR growth remain strong despite revenue declines and divestiture-related pressures.
PTC Inc. (PTC) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $2 per share. This compares to earnings of $3.47 per share a year ago.
Strategic focus on Intelligent Product Lifecycle vision BOSTON, Nov. 4, 2026 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2026. Fourth Fiscal Quarter and Full Fiscal Year 2026 Key Operating and Financial Metrics 1 $ in millions, except per share amounts Q4'26 Q4'25 YoY Change As reported ARR excluding divestedbusinesses2 $2,508 $2,320 8 % Constant currency ARR excluding divestedbusinesses (FY'26 Plan FX rates3) $2,545 $2,320 9.7 % Operating cash flow $475 $104 (55 %) Free cash flow $385 $100 (63 %) Revenue4 $673 $894 (25%)6 Operating margin4 32 % 49 % (1,690 bps) Non-GAAP operating margin4 46 % 59 % (1,320 bps) Earnings per share4 $1.44 $2.88 (50 %) Non-GAAP earnings per share4 $2.03 $3.41 (40 %) 1 The definitions of our operating and non-GAAP financial measures and reconciliations of non-GAAP financial measures to comparable GAAP measures are included below and in the reconciliation tables at the end of this press release.
Benchmark PTC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for PTC Inc. (PTC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $195.07 | $22.53B | 32.08 | 19.18% | 26.8% | 20.85% | — | |
| $319.92 | $88.24B | 78.80 | 14.12% | 22.51% | 21.43% | — | |
| $450.46 | $86.25B | 56.03 | 15.12% | 11.43% | 3.57% | — | |
| $261.72 | $55.26B | 50.04 | 17.53% | 21.08% | 52.5% | — | |
| $476.60 | $48.1B | 33.56 | 12.26% | 30.71% | 13.53% | 0.69% | |
| $375.86 | $41.82B | 49.00 | 0.97% | 13.38% | 32.94% | 1.39% |
PTC Inc. (PTC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
PTC Inc. (PTC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 29, 2026·SEC
May 6, 2026·SEC
Mar 16, 2026·SEC
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PTC Inc. (PTC) stock FAQ — growth, dividends, profitability & financials explained
PTC Inc. (PTC) reported $2.95B in revenue over the trailing twelve months. Revenue was $2.74B in fiscal year 2025. That is 356% more than the $600.1M of fiscal year 1996.
PTC Inc. (PTC) grew revenue by 19.2% in fiscal year 2025, compared with the prior fiscal year.
Yes. PTC Inc. (PTC) earned $1.22B in net income over the trailing twelve months (a 41.4% net margin).
PTC Inc. (PTC) had a return on equity (ROE) of 20.9% in fiscal year 2025. That is well above the market's typical 10-15%.
PTC Inc. (PTC) generated $935.5M in free cash flow over the trailing twelve months.
