financial statements

The full income statement, balance sheet, and cash-flow statement for PTC Inc. (PTC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

See the live PTC chart & snapshot →

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
Revenue	2.74B YoY+19.2%	2.30B YoY+9.6%	2.10B YoY+8.5%	1.93B YoY+7.0%	1.81B YoY+23.9%
	2.29B YoY+23.8%	1.85B YoY+11.9%	1.66B YoY+7.0%	1.55B YoY+7.8%	1.44B YoY+27.7%
Cost of revenue	445M YoY+0.0%	445M YoY+0.9%	441M YoY+14.3%	386M YoY+4.0%	371M YoY+11.0%
	1.31B YoY+3.7%	1.27B YoY+5.7%	1.20B YoY+8.9%	1.10B YoY+4.2%	1.06B YoY+15.6%
Research & development	458M YoY+5.7%	433M YoY+9.8%	394M YoY+16.4%	339M YoY+13.0%	300M YoY+16.9%
Selling, general & administrative	226M YoY-2.7%	232M YoY-0.5%	234M YoY+14.1%	205M YoY-0.6%	206M YoY+28.9%
General & administrative	226M YoY-2.7%	232M YoY-0.5%	234M YoY+14.1%	205M YoY-0.6%	206M YoY+28.9%
Selling & marketing	567M YoY+1.4%	559M YoY+5.4%	530M YoY+9.2%	485M YoY-6.3%	518M YoY+18.9%
Restructuring	—	—	-424K YoY-101.3%	32.4M YoY+1416.9%	2.14M YoY-91.9%
Amortization of intangibles	45.9M YoY+9.4%	42.0M YoY+5.0%	40.0M YoY+14.4%	35.0M YoY+19.0%	29.4M YoY+2.4%
Provision for credit losses	—	—	—	500K YoY+150.0%	200K
Operating income	982M YoY+67.1%	588M YoY+28.3%	458M YoY+2.5%	447M YoY+17.5%	381M YoY+80.6%
Interest expense	77.0M YoY-35.6%	120M YoY-7.5%	129M YoY+138.5%	54.3M YoY+7.5%	50.5M YoY-34.0%
Other non-operating income	14.8M YoY+2578.3%	553K YoY-84.2%	3.51M YoY-12.4%	4.00M YoY-93.5%	61.5M YoY+22588.2%
Pre-tax income	920M YoY+96.2%	469M YoY+41.0%	333M YoY-16.3%	397M YoY+1.4%	392M YoY+190.8%
Income tax	186M YoY+101.0%	92.6M YoY+6.4%	87.0M YoY+3.6%	84.0M YoY+198.6%	-85.2M YoY-2223.4%
Net income	734M YoY+95.0%	376M YoY+53.3%	246M YoY-21.6%	313M YoY-34.4%	477M YoY+264.9%
	$6.08 YoY+94.9%	$3.12 YoY+51.5%	$2.06 YoY-22.3%	$2.65 YoY-34.2%	$4.03 YoY+259.8%
EPS (basic)	$6.12 YoY+94.9%	$3.14 YoY+51.7%	$2.07 YoY-22.5%	$2.67 YoY-34.6%	$4.08 YoY+261.1%
Weighted-avg shares (basic)	120M YoY+0.3%	120M YoY+1.1%	118M YoY+1.0%	117M YoY+0.3%	117M YoY+1.0%
Weighted-avg shares (diluted)	121M YoY+0.0%	121M YoY+1.2%	119M YoY+0.9%	118M YoY-0.1%	118M YoY+1.8%
Balance Sheet	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	1.38B YoY+6.5%	1.30B YoY+1.7%	1.28B YoY+19.5%	1.07B YoY-0.4%	1.07B YoY+28.7%
Cash & equivalents	184M YoY-30.6%	266M YoY-7.7%	288M YoY+5.8%	272M YoY-16.6%	327M YoY+18.5%
Short-term investments	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Accounts receivable	1.00B YoY+16.1%	862M YoY+6.2%	811M YoY+27.5%	637M YoY+17.6%	541M YoY+30.3%
Prepaid expenses	119M YoY+15.7%	103M YoY+7.2%	96.0M YoY+8.1%	88.9M YoY+27.0%	70.0M YoY+0.8%
Other current assets	78.8M YoY+15.8%	68.0M YoY-16.9%	81.8M YoY+15.2%	71.1M YoY-47.5%	135M YoY+199.4%
	6.62B YoY+3.7%	6.38B YoY+1.5%	6.29B YoY+34.2%	4.69B YoY+4.0%	4.51B YoY+33.3%
Property, plant & equipment	60.8M YoY-19.1%	75.2M YoY-14.9%	88.4M YoY-9.9%	98.1M YoY-2.1%	100M YoY-1.2%
Operating lease right-of-use	115M YoY-13.8%	133M YoY-6.8%	143M YoY+3.8%	138M YoY-9.6%	152M YoY+1.6%
Goodwill	3.49B YoY+0.9%	3.46B YoY+3.1%	3.36B YoY+42.7%	2.35B YoY+7.4%	2.19B YoY+34.8%
Intangible assets	825M YoY-8.1%	897M YoY-4.7%	941M YoY+145.9%	383M YoY+1.0%	379M YoY+59.5%
Deferred tax assets	194M YoY+21.7%	159M YoY+29.3%	123M YoY-51.8%	256M YoY-14.0%	298M YoY+55.9%
Other non-current assets	546M YoY+52.7%	358M YoY+0.2%	357M YoY-8.5%	390M YoY+24.6%	313M YoY+47.4%
	1.24B YoY-25.8%	1.67B YoY-0.2%	1.67B YoY+110.9%	792M YoY+1.7%	779M YoY+14.5%
Accounts payable	11.5M YoY-52.5%	24.2M YoY-44.3%	43.5M YoY+8.3%	40.2M YoY+20.3%	33.4M YoY+34.0%
Deferred revenue	812M YoY+7.7%	754M YoY+13.3%	665M YoY+32.1%	504M YoY+4.5%	482M YoY+15.7%
Short-term & current debt	25.0M YoY-95.2%	521M YoY+5462.3%	9.38M	0.00 YoY-100.0%	496M YoY+0.0%
Current lease liability	24.2M YoY-0.0%	24.2M YoY-2.2%	24.7M YoY+12.4%	22.0M YoY-21.0%	27.9M YoY-19.5%
Other current liabilities	104M YoY+0.0%	104M YoY+0.0%	104M YoY+0.0%	104M YoY+0.0%	104M YoY+0.0%
	2.79B YoY-11.9%	3.17B YoY-12.2%	3.61B YoY+51.0%	2.39B YoY-3.2%	2.47B YoY+27.0%
Long-term debt	1.17B YoY-4.5%	1.23B YoY-27.2%	1.69B YoY+24.9%	1.35B YoY-6.2%	1.44B YoY+43.2%
Deferred revenue (non-current)	14.8M YoY-30.3%	21.2M YoY+31.2%	16.2M YoY-2.2%	16.6M YoY+6.5%	15.5M YoY+60.9%
Non-current lease liability	148M YoY-5.9%	158M YoY-6.5%	168M YoY+0.5%	168M YoY-7.4%	181M YoY+0.3%
Deferred tax liabilities	30.2M YoY-6.4%	32.2M YoY+9.2%	29.5M YoY+3.9%	28.4M YoY+581.8%	4.17M YoY-66.5%
Other non-current liabilities	188M YoY+194.4%	63.8M YoY+60.3%	39.8M YoY+11.1%	35.8M YoY-27.9%	49.7M YoY-11.2%
	3.83B YoY+19.0%	3.21B YoY+20.1%	2.68B YoY+16.6%	2.30B YoY+12.6%	2.04B YoY+41.7%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	1.20M YoY-0.6%	1.20M YoY+1.2%	1.19M YoY+1.1%	1.18M YoY+0.3%	1.17M YoY+0.9%
Additional paid-in capital	1.82B YoY-7.3%	1.97B YoY+7.9%	1.82B YoY+5.8%	1.72B YoY+0.1%	1.72B YoY+7.2%
Retained earnings	2.08B YoY+54.4%	1.35B YoY+38.7%	973M YoY+33.7%	728M YoY+75.5%	415M YoY+765.9%
Accumulated other comprehensive income	-81.2M YoY+20.2%	-102M YoY+13.9%	-118M YoY+23.1%	-153M YoY-60.1%	-95.9M YoY+7.3%
Total liabilities & equity	6.62B YoY+3.7%	6.38B YoY+1.5%	6.29B YoY+34.2%	4.69B YoY+4.0%	4.51B YoY+33.3%
Common shares issued	120M YoY-0.5%	120M YoY+1.1%	119M YoY+1.2%	117M YoY+0.3%	117M YoY+0.9%
Common shares outstanding	120M YoY-0.5%	120M YoY+1.1%	119M YoY+1.2%	117M YoY+0.3%	117M YoY+0.9%
Shares outstanding (cover)	120M YoY-0.3%	120M YoY+1.1%	119M YoY+1.2%	117M YoY+0.1%	117M YoY+1.1%
Cash Flow	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	868M YoY+15.7%	750M YoY+22.8%	611M YoY+40.3%	435M YoY+18.0%	369M YoY+57.7%
Depreciation & amortization	103M YoY-5.2%	108M YoY+3.2%	105M YoY+19.5%	87.7M YoY+2.9%	85.2M YoY+5.5%
Share-based compensation	216M YoY-3.2%	223M YoY+8.2%	206M YoY+18.1%	175M YoY-1.4%	177M YoY+54.0%
Deferred income taxes	-26.3M YoY+32.7%	-39.0M YoY-334.1%	16.7M YoY-61.2%	43.0M YoY+127.2%	-158M YoY-541.6%
Change in receivables	121M YoY+249.6%	34.6M YoY-64.9%	98.6M YoY-40.2%	165M YoY+38.2%	119M YoY+269.0%
	-38.3M YoY+69.3%	-125M YoY+85.6%	-866M YoY-330.5%	-201M YoY+70.7%	-688M YoY-30.8%
Capital expenditure	11.0M YoY-23.4%	14.4M YoY-39.6%	23.8M YoY+22.1%	19.5M YoY-21.1%	24.7M YoY+22.4%
Acquisitions	6.53M YoY-93.0%	93.5M YoY-88.7%	828M YoY+192.7%	283M YoY-60.6%	718M YoY+48.5%
Other investing activities	0.00 YoY-100.0%	3.90M YoY-39.3%	6.43M YoY+288.6%	-3.41M	0.00
	-909M YoY-39.6%	-651M YoY-342.5%	268M YoY+201.6%	-264M YoY-171.3%	370M YoY+24.5%
Common stock issued	26.1M YoY+1.5%	25.7M YoY+18.6%	21.7M YoY+2.1%	21.2M YoY-1.7%	21.6M YoY+17.4%
Common stock repurchased	300M	0.00	0.00 YoY-100.0%	125M YoY+316.7%	30.0M
Other financing activities	-239K YoY+15.2%	-282K YoY+47.4%	-536K	0.00	—
FX effect on cash	—	—	—	—	-127K YoY-608.0%
Net change in cash	-81.5M YoY-264.8%	-22.3M YoY-240.4%	15.9M YoY+129.4%	-54.2M YoY-206.0%	51.1M YoY+869.2%
Income taxes paid	122M YoY+77.4%	68.6M YoY+4.1%	65.9M YoY+19.8%	55.0M YoY-1.8%	56.0M YoY+6.5%
Valuation Ratios	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
Market cap	24.3B YoY+12.1%	21.7B YoY+28.9%	16.8B YoY+37.0%	12.3B YoY-12.6%	14.1B YoY+46.4%
P/E	33.1× YoY-42.5%	57.7× YoY+5.5%	54.7× YoY+39.3%	39.2× YoY+33.1%	29.5× YoY-59.9%
P/S	8.9× YoY-6.0%	9.4× YoY+15.9%	8.1× YoY+28.2%	6.4× YoY-18.3%	7.8× YoY+18.1%
P/B	6.4× YoY-5.9%	6.8× YoY+4.6%	6.5× YoY+20.6%	5.4× YoY-22.4%	6.9× YoY+3.3%
P/FCF	28.4× YoY-3.8%	29.5× YoY+0.7%	29.3× YoY-0.8%	29.5× YoY-27.7%	40.9× YoY-9.1%
Earnings yield	3.0% YoY+74.1%	1.7% YoY-5.2%	1.8% YoY-28.2%	2.5% YoY-24.9%	3.4% YoY+149.3%
FCF yield	3.5% YoY+3.9%	3.4% YoY-0.6%	3.4% YoY+0.8%	3.4% YoY+38.3%	2.4% YoY+10.0%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: PTC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PTC filings on SEC EDGAR → Not investment advice.

PTC▼ financial statements

About this data

financial statements