Discontinued — last reported Q3 '23

Business Segments · Goodwill

Segment Software Products — Goodwill

PTC Segment Software Products — Goodwill increased by 0.2% to $3.37B in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 41.9%, from $2.37B to $3.37B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2023Nov 20, 2023
Rolls up toGoodwill

How to read this metric

An increase suggests recent M&A activity, while a decrease may indicate impairment charges due to underperforming acquisitions.

Detailed definition

Represents the premium paid over the fair value of net identifiable assets during acquisitions within the Software Produ...

Peer comparison

Common in technology companies that grow through frequent acquisitions; peers often report this under segment-level intangible assets.

Metric ID: ptc_segment_segment_software_products_goodwill

Historical Data

9 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$2.15B$2.15B$2.15B$2.14B$2.37B$2.34B$2.38B$3.36B$3.37B
QoQ Change-0.2%-0.1%-0.2%+10.7%-1.2%+1.5%+41.2%+0.2%
YoY Change+10.2%+9.1%+10.8%+56.7%+41.9%
Range$2.14B$3.37B
CAGR+25.0%
Avg YoY Growth+25.7%
Median YoY Growth+10.8%
Current Streak3 quarters growth

Frequently Asked Questions

What is PTC's segment software products — goodwill?
PTC (PTC) reported segment software products — goodwill of $3.37B in Q2 2023.
How has PTC's segment software products — goodwill changed year-over-year?
PTC's segment software products — goodwill increased by 41.9% year-over-year, from $2.37B to $3.37B.
What does segment software products — goodwill mean?
The value of intangible assets like brand and customer base acquired through past software business purchases.