Operating Income

Gross Profit

PTC Gross Profit increased by 16.3% to $660.69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.6%, from $530.10M to $660.69M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 12.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026May 7, 2026

How to read this metric

An increase suggests improved manufacturing efficiency, favorable product mix, or higher pricing power, while a decrease may indicate rising raw material costs, supply chain inefficiencies, or competitive pricing pressure.

Detailed definition

Gross profit represents the residual earnings a company retains after deducting the direct costs associated with produci...

Peer comparison

Peers in the medical device and diagnostics sector typically maintain high gross margins due to intellectual property and specialized manufacturing, though these vary based on the specific product mix of nutritionals versus high-tech devices.

Metric ID: gross_profit

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$340.59M$380.91M$362.60M$411.89M$360.48M$412.40M$370.12M$428.68M$426.49M$430.76M$440.19M$493.02M$406.72M$513.72M$453.33M$530.10M$533.91M$776.90M$568.08M$660.69M
QoQ Change+11.8%-4.8%+13.6%-12.5%+14.4%-10.3%+15.8%-0.5%+1.0%+2.2%+12.0%-17.5%+26.3%-11.8%+16.9%+0.7%+45.5%-26.9%+16.3%
YoY Change+5.8%+8.3%+2.1%+4.1%+18.3%+4.5%+18.9%+15.0%-4.6%+19.3%+3.0%+7.5%+31.3%+51.2%+25.3%+24.6%
Range$340.59M$776.90M
CAGR+15.0%
Avg YoY Growth+14.7%
Median YoY Growth+11.6%

Business Segments

View all
SegmentQ3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Segment Software Products$277.82M$319.31M$297.57M$341.23M$295.44M$341.98M$299.63M$353.20M
Professional Services$6.51M$5.94M$7.15M$8.41M$2.90M$4.17M$3.99M$6.29M
Total$340.59M$380.91M$362.60M$411.89M$360.48M$412.40M$370.12M$428.68M

Professional Services, Segment Software Products were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is PTC's gross profit?
PTC (PTC) reported gross profit of $660.69M in Q1 2026.
How has PTC's gross profit changed year-over-year?
PTC's gross profit increased by 24.6% year-over-year, from $530.10M to $660.69M.
What is the long-term trend for PTC's gross profit?
Over 4 years (2021 to 2025), PTC's gross profit has grown at a 12.4% compound annual growth rate (CAGR), from $1.44B to $2.29B.
What does gross profit mean?
The total revenue earned from sales minus the direct costs required to manufacture and deliver those products.