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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 $530.1M 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

Higher gross profit margins indicate strong pricing power and efficient production, while declining margins may suggest increased competition or higher delivery costs.

Detailed definition

Gross profit is the residual profit after subtracting the direct costs of revenue from total revenue. It measures the fu...

Peer comparison

A key benchmark for software companies to evaluate the scalability of their business model.

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$362.6M$411.89M$360.48M$412.4M$370.12M$428.68M$426.49M$430.76M$440.19M$493.02M$406.72M$513.72M$453.33M$530.1M$533.91M$776.9M$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$776.9M
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$353.2M
Professional Services$6.51M$5.94M$7.15M$8.41M$2.9M$4.17M$3.99M$6.29M
Total$340.59M$380.91M$362.6M$411.89M$360.48M$412.4M$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 $530.1M 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 profit remaining after paying for the direct costs of producing and delivering products or services.