PTC Inc. income statement
In fiscal 2025, PTC Inc. reported revenue of $2.74bn, up 19.2% on the year before, operating income of $982m (a 35.9% margin) and net income of $734m, or $6.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 938 | 1,010 | 1,167 | 1,256 | 1,294 | 1,357 | 1,255 | 1,141 | 1,164 | 1,242 | 1,256 | 1,458 | 1,807 | 1,933 | 2,097 | 2,298 | 2,739 | 2,954 |
| Cost of revenue | — | 308 | 357 | 372 | 373 | 374 | 335 | 326 | 329 | 326 | 325 | 334 | 371 | 386 | 441 | 445 | 445 | 458 |
| Gross profit | — | 702 | 810 | 884 | 921 | 983 | 921 | 815 | 836 | 915 | 930 | 1,124 | 1,436 | 1,547 | 1,656 | 1,854 | 2,294 | 2,496 |
| Research and development | 189 | 202 | 211 | 215 | 222 | 226 | 228 | 229 | 236 | 250 | 247 | 257 | 300 | 339 | 394 | 433 | 458 | 474 |
| Selling and marketing | 301 | 318 | 353 | 378 | 361 | 367 | 347 | 367 | 373 | 415 | 417 | 435 | 518 | 485 | 530 | 559 | 567 | 559 |
| General and administrative | 81 | 93 | 110 | 117 | 132 | 132 | 159 | 146 | 145 | 143 | 128 | 160 | 206 | 205 | 234 | 232 | 226 | 286 |
| Operating income | 19 | 75 | 117 | 128 | 127 | 197 | 42 | −37 | 42 | 73 | 63 | 211 | 381 | 447 | 458 | 588 | 982 | 1,117 |
| Interest expense | 3 | 2 | 3 | 5 | 7 | 8 | 15 | 30 | 42 | 42 | 43 | 76 | 50 | 54 | 129 | 120 | 77 | 65 |
| Provision for credit losses | — | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 17 | 82 | 105 | 121 | 126 | 186 | 27 | −67 | −1 | 29 | 20 | 135 | 392 | 397 | 333 | 469 | 920 | 1,530 |
| Income tax | −14 | 58 | 19 | 156 | −18 | 26 | −21 | −13 | −8 | −23 | 48 | 4 | −85 | 84 | 87 | 93 | 186 | 306 |
| Net income | 32 | 24 | 85 | −35 | 144 | 160 | 48 | −54 | 6 | 52 | −27 | 131 | 477 | 313 | 246 | 376 | 734 | 1,224 |
| Diluted EPS | $0.27 | $0.20 | $0.71 | −$0.30 | $1.19 | $1.34 | $0.41 | −$0.48 | $0.05 | $0.44 | −$0.23 | $1.12 | $4.03 | $2.65 | $2.06 | $3.12 | $6.08 | $10.32 |
| Diluted shares (average) | 117m | 120m | 121m | 119m | 121m | 120m | 116m | 115m | 117m | 118m | 118m | 116m | 118m | 118m | 119m | 121m | 121m | 119m |
| EBITDA | 81 | 137 | 180 | 195 | 204 | 274 | 126 | 50 | 129 | 160 | 141 | 292 | 466 | 535 | 563 | 696 | 1,085 | 1,217 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 627 | 565 | 636 | 644 | 894 | 686 | 774 | 600 |
| Cost of revenue | 113 | 112 | 106 | 110 | 117 | 118 | 114 | 110 |
| Gross profit | 514 | 453 | 530 | 534 | 777 | 568 | 661 | 490 |
| Research and development | 110 | 116 | 111 | 117 | 115 | 120 | 124 | 116 |
| Selling and marketing | 147 | 158 | 125 | 142 | 142 | 141 | 140 | 136 |
| General and administrative | 52 | 53 | 55 | 54 | 64 | 74 | 89 | 60 |
| Operating income | 194 | 116 | 223 | 210 | 434 | 221 | 296 | 167 |
| Interest expense | 25 | 22 | 20 | 18 | 17 | 17 | 15 | 16 |
| Income before tax | 170 | 93 | 205 | 194 | 428 | 203 | 747 | 152 |
| Income tax | 44 | 11 | 43 | 52 | 80 | 36 | 156 | 34 |
| Net income | 127 | 82 | 163 | 141 | 348 | 167 | 591 | 119 |
| Diluted EPS | $1.05 | $0.68 | $1.35 | $1.17 | $2.88 | $1.39 | $4.98 | $1.03 |
| EBITDA | 221 | 141 | 249 | 235 | 459 | 246 | 320 | 191 |
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