Discontinued — last reported Q2 '23
Business Segments · Gross Profit
Segment Software Products — Gross Profit
PTC Segment Software Products — Gross Profit increased by 17.9% to $353.20M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $341.23M to $353.20M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ2 2023May 3, 2023
Rolls up toGross Profit
How to read this metric
Higher gross profit indicates strong pricing power and efficient delivery of software services.
Detailed definition
The difference between the Software Products segment's revenue and its direct cost of goods and services sold. It measur...
Peer comparison
Key profitability metric for software companies; high gross margins are a hallmark of successful software business models.
Metric ID:
ptc_segment_segment_software_products_gross_profitHistorical Data
8 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $277.82M | $319.31M | $297.57M | $341.23M | $295.44M | $341.98M | $299.63M | $353.20M |
| QoQ Change | — | +14.9% | -6.8% | +14.7% | -13.4% | +15.8% | -12.4% | +17.9% |
| YoY Change | — | — | — | — | +6.3% | +7.1% | +0.7% | +3.5% |
Range$277.82M – $353.20M
CAGR+14.7%
Avg YoY Growth+4.4%
Median YoY Growth+4.9%
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Frequently Asked Questions
- What is PTC's segment software products — gross profit?
- PTC (PTC) reported segment software products — gross profit of $353.20M in Q1 2023.
- How has PTC's segment software products — gross profit changed year-over-year?
- PTC's segment software products — gross profit increased by 3.5% year-over-year, from $341.23M to $353.20M.
- What does segment software products — gross profit mean?
- The profit remaining after subtracting the direct costs of providing software products from total segment revenue.