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PTC PTC Operating margin

Operating margin at other companies

Autodesk logo
AutodeskADSK
25.1%+4.8pp
Microsoft logo
MicrosoftMSFT
46.8%+1.6pp
Salesforce logo
SalesforceCRM
20.4%+1.1pp
Oracle logo
OracleORCL
30.6%-0.4pp
Carpenter Technology logo
Carpenter TechnologyCRS
21.3%+5.0pp
Cadence Design Systems logo
Cadence Design SystemsCDNS
28.3%-1.7pp

Other financials

Income statement

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Revenue$774.3M+21.7%
Gross profit$660.7M+24.6%
Operating income$295.8M+32.4%
Net income$590.7M+263%
EPS (diluted)$4.98+269%

Balance sheet

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Cash & equivalents$439.1M+86.7%
Total debt$1.4B-11.9%
Total equity$3.9B+14.0%
Total assets$6.5B+6.1%

Cash flow

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Operating cash flow$320.9M+14.1%
CapEx$2.7M-4.9%
Free cash flow$318.2M+14.3%

Valuation

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Market cap$13.51B-9.1%
Enterprise value$14.45B-10.4%
P/E10.8×-22.9×
P/S4.5×-1.8×

Profitability

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Gross margin84.7%+3.6pp
Net margin41.6%+22.8pp

Returns & leverage

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Return on equity34.4%+20.5pp
Debt / equity0.4×-0.1×
Current ratio1.2×+0.2×

Where this comes from

Calculated from PTC’s reported figures.

Based on trailing twelve months.

The official record: PTC’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PTC's operating margin?
PTC (PTC) reported operating margin of 38.7% in Q1 2026.
How has PTC's operating margin changed year-over-year?
PTC's operating margin increased by 44.5% year-over-year, from 26.8% to 38.7%.
What is the long-term trend for PTC's operating margin?
Over 4 years (2021 to 2025), PTC's operating margin has grown at a 11.0% compound annual growth rate (CAGR), from 77.9% to 118%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.