{ "ok": true, "cik": "857005", "ticker": "PTC", "name": "PTC Inc.", "filings": [ { "form": "8-K", "filed": "2026-10-05", "items": [ "1.01 Entry into a Material Definitive Agreement", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526413124/0001193125-26-413124-index.htm" }, { "form": "10-Q", "filed": "2026-07-31", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526328444/0001193125-26-328444-index.htm" }, { "form": "8-K", "filed": "2026-07-29", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526323617/0001193125-26-323617-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526209869/0001193125-26-209869-index.htm" }, { "form": "8-K", "filed": "2026-05-06", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526208904/0001193125-26-208904-index.htm" }, { "form": "8-K", "filed": "2026-03-16", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526107315/0001193125-26-107315-index.htm" } ], "events12m": 10, "healthWatch": { "window": "last 12 months", "since": "2025-10-06", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2025-12-04", "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312525308126/0001193125-25-308126-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000857005.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=857005" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up PTC Inc. ($PTC). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-10-05. 10 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-09-30", "revenue": 2739226000, "revenueGrowth1y": 0.19175956896581736, "revenueGrowthPerYear": 0.10957809665229301, "yearsOfData": 5, "operatingMargin": 0.35863597965264643, "operatingMarginPrior": 0.25584910323031995, "netMargin": 0.26795780997989943, "operatingCashFlow": 867696000, "capitalSpending": 11008000, "freeCashFlow": 856688000, "researchAndDevelopment": 457693000, "researchShareOfRevenue": 0.1670884403112412, "cash": 184415000, "longTermDebt": 1172434000, "longTermDebtChange": -0.04455282962745655, "revenueHistory": [ { "fiscalYearEnd": "2021-09-30", "revenue": 1807159000 }, { "fiscalYearEnd": "2022-09-30", "revenue": 1933347000 }, { "fiscalYearEnd": "2023-09-30", "revenue": 2097053000 }, { "fiscalYearEnd": "2024-09-30", "revenue": 2298472000 }, { "fiscalYearEnd": "2025-09-30", "revenue": 2739226000 } ], "totalEquity": 3826229000, "totalAssets": 6617172000, "equityRatio": 0.5782272245605827, "returnOnEquity": 0.1918330031997562, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 6.12, "sharesOutstanding": 120777000, "bookValuePerShare": 31.680112935409888, "revenuePerShare": 22.680030138188563, "range80": { "low": 2807996669.073118, "high": 3417484436.067667, "baseline": 3170535873.7160234, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.04865540369186701, "classVolatility": 0.07701947805587882, "volatility": 0.06441796453016249 }, "ifPaceHeld": { "low": 2807996669.073118, "high": 3417484436.067667 } }, "edgarette": "🔖 Exposure: revenue $2.7B (FY2025), total debt $1.2B. Experience: revenue up 19.2% on the year, up 11.0% a year over 4 years; operating margin 35.9%, up from 25.6%. Soundness: equity 57.8% of assets, return on equity 19.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.8B and $3.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.6B to $3.7B. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin 35.9% against a 0.9% median; growth 19.2% against 13.0%.", "peers": { "sic": 7372, "sicDescription": "Services-Prepackaged Software", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7372", "growth": [ 0.1304, 140 ], "opMargin": [ 0.0091, 140 ], "equityRatio": [ 0.4999, 136 ], "returnOnEquity": [ 0.0234, 120 ], "payoutRatio": [ 0.3057, 11 ] }, "summary": "Ptc (PTC) grew revenue 19.2% in FY2025 to $2.7 billion, operating margin 35.9% against a 0.9% median for services-prepackaged software, equity 57.8% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
PTC Inc. against its own record and its peers
Operating marginPeer median 0.9%35.9%Revenue, on the yearPeer median 13.0%19.2%Equity of assetsPeer median 50.0%57.8%Return on equityPeer median 2.3%19.2%Gold tick: the median of 120–136 peers with $50M+ revenue in services-prepackaged software
", "chartHorizon": null, "backtest": { "tests": 14, "hits": 11, "rate": 0.7857142857142857, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-06T14:05:50.636Z", "hash": "bdc00bcfafab19c3", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Ptc (PTC) grew revenue 19.2% in FY2025 to $2.7 billion, operating margin 35.9% against a 0.9% median for services-prepackaged software, equity 57.8% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-09-30", "revenue": 2739226000, "totalDebt": 1172434000, "cash": 184415000 }, "experience": { "revenueGrowth1y": 0.19175956896581736, "revenueGrowthPerYear": 0.10957809665229301, "operatingMargin": 0.35863597965264643, "operatingMarginPrior": 0.25584910323031995, "netMargin": 0.26795780997989943, "freeCashFlow": 856688000 }, "soundness": { "equityRatio": 0.5782272245605827, "returnOnEquity": 0.1918330031997562, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 7372, "sicDescription": "Services-Prepackaged Software", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7372", "growth": [ 0.1304, 140 ], "opMargin": [ 0.0091, 140 ], "equityRatio": [ 0.4999, 136 ], "returnOnEquity": [ 0.0234, 120 ], "payoutRatio": [ 0.3057, 11 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-10-06", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2025-12-04", "url": "https://www.sec.gov/Archives/edgar/data/857005/000119312525308126/0001193125-25-308126-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 2807996669.073118, "high": 3417484436.067667, "baseline": 3170535873.7160234, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341, "coverageAllYears": 0.6904374799277399, "stressCoverageAllYears": 0.819004992974709, "outcomeYears": [ 2019, 2025 ] }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.04865540369186701, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.06441796453016249, "k": 3 }, "stress": { "low": 2613609411.3219414, "high": 3671914279.8985276, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 14, "hits": 11, "rate": 0.7857142857142857, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-06T14:05:50.636Z", "hash": "bdc00bcfafab19c3", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000857005.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=857005" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.3168, "growth3y": 0.1232, "volatility": 0.0487, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.5978, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "later", "inside": "Turns 31.7% of revenue into operating cash; revenue growing 12.3% a year over three years; no common dividend.", "outside": "Among $1B-10B companies: 84th percentile for cash, 75th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$1B-10B", "cashPctInClass": 84, "growthPctInClass": 75, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-09-30", "operating": 867696000, "investing": -38293000, "financing": -908509000, "capitalSpending": 11008000, "free": 856688000, "trend": [ { "fiscalYearEnd": "2021-09-30", "operating": 368809000, "free": 344096000 }, { "fiscalYearEnd": "2022-09-30", "operating": 435326000, "free": 415830000 }, { "fiscalYearEnd": "2023-09-30", "operating": 610861000, "free": 587047000 }, { "fiscalYearEnd": "2024-09-30", "operating": 749984000, "free": 735606000 }, { "fiscalYearEnd": "2025-09-30", "operating": 867696000, "free": 856688000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-09-30", "cash": 184415000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 6617172000, "ladder": null, "currentRatio": 1.12, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.3168, "growth3y": 0.1232, "volatility": 0.0487, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.5978, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "later", "inside": "Turns 31.7% of revenue into operating cash; revenue growing 12.3% a year over three years; no common dividend.", "outside": "Among $1B-10B companies: 84th percentile for cash, 75th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$1B-10B", "cashPctInClass": 84, "growthPctInClass": 75, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-09-30", "operating": 867696000, "investing": -38293000, "financing": -908509000, "capitalSpending": 11008000, "free": 856688000, "trend": [ { "fiscalYearEnd": "2021-09-30", "operating": 368809000, "free": 344096000 }, { "fiscalYearEnd": "2022-09-30", "operating": 435326000, "free": 415830000 }, { "fiscalYearEnd": "2023-09-30", "operating": 610861000, "free": 587047000 }, { "fiscalYearEnd": "2024-09-30", "operating": 749984000, "free": 735606000 }, { "fiscalYearEnd": "2025-09-30", "operating": 867696000, "free": 856688000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-09-30", "cash": 184415000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 6617172000, "ladder": null, "currentRatio": 1.12, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }