PTC (formerly Parametric Technology Corporation) is a computer software and services company. The Company develops parametric, associative feature-based, solid computer-aided design (CAD) modeling software. PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, ThingWorx. Its technology is primarily used by discrete manufacturers to design, operate and maintain complex products. PTC's technology is also used to connect products to the Internet for purposes of capturing and analyzing information from them.

Company Growth (employees)
Needham, US
Size (employees)
5,800 (est)
PTC was founded in 1985 and is headquartered in Needham, US

Key People/Management at PTC

James Heppelmann

James Heppelmann

Andrew Timm

Andrew Timm

Chief Technology Officer
Andrew Miller

Andrew Miller

Executive Vice President & CFO
Barry Cohen

Barry Cohen

EVP Strategy
Craig Hayman

Craig Hayman

Chief Operating Officer

PTC Office Locations

PTC has offices in Needham, Albuquerque, Altamonte Springs, Blaine and in 74 other locations
Needham, US (HQ)
140 Kendrick St
Albuquerque, US
2125 Louisiana Blvd NE
Altamonte Springs, US
117 283 Cranes Roost Blvd
Exton, US
200 350 Eagleview Blvd
Greensburg, US
41 W Otterman St
Montréal, CA
3333 Cote Vertu
Show all (78)

PTC Financials and Metrics

PTC Financials

PTC's revenue was reported to be $1.1 b in FY, 2016

Revenue (Q3, 2017)

291.3 m

Gross profit (Q3, 2017)

209 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

(951 k)

EBIT (Q3, 2017)

11.3 m

Market capitalization (11-Dec-2017)

7.2 b

Cash (01-Jul-2017)

260.7 m


7.7 b
PTC's current market capitalization is $7.2 b.
USDFY, 2014FY, 2015FY, 2016


1.4 b1.3 b1.1 b

Revenue growth, %


Cost of goods sold

373.7 m334.7 m325.7 m

Gross profit

983.3 m920.5 m814.9 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


325.4 m314.1 m303.1 m291 m272.6 m288.7 m286.3 m280 m291.3 m

Cost of goods sold

92.9 m86.1 m79.4 m80.1 m80.2 m82.5 m82.1 m81.8 m82.3 m

Gross profit

232.5 m228.1 m223.7 m210.9 m192.4 m206.2 m204.2 m198.2 m209 m

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016


293.7 m273.4 m277.9 m

Accounts Receivable

235.7 m197.3 m161.4 m

Prepaid Expenses

37.7 m56.4 m52.8 m

Current Assets

732.2 m704.7 m642.6 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


261.1 m267.8 m275.1 m296.8 m368.5 m294.6 m173.4 m243.3 m260.7 m

Accounts Receivable

201.4 m201.4 m183.1 m161.4 m146.7 m151.7 m132.9 m142.6 m128.6 m

Prepaid Expenses

203.5 m203.7 m148.7 m56.5 m63.8 m57 m63 m71.1 m60.5 m

Current Assets

696.1 m706.3 m635.2 m659.6 m741.4 m635.3 m513.2 m671.7 m609.5 m
USDFY, 2014FY, 2015FY, 2016

Net Income

160.2 m47.6 m(54.5 m)

Depreciation and Amortization

77.3 m84.4 m86.6 m

Accounts Receivable

7.6 m29.7 m52.6 m

Accounts Payable

(436 k)31.1 m(14.2 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

30.3 m35.7 m53.1 m(23.9 m)(29.1 m)(26 m)(9.1 m)(10.2 m)(11.2 m)

Depreciation and Amortization

21.2 m42.2 m63.5 m20.6 m42.9 m64.7 m21.5 m42.7 m64.2 m

Accounts Receivable

25.8 m22.7 m44.9 m35.2 m63.6 m58.5 m21.2 m15.4 m34.9 m

Accounts Payable

(2.8 m)(10 m)17.4 m(1.7 m)(25.9 m)(17.3 m)232 k11.2 m2.6 m
USDY, 2017


680.7 x


75.1 x


50.2 k


0.9 x


0.3 x

Financial Leverage

2.7 x
Show all financial metrics

PTC Operating Metrics

PTC's Customers was reported to be 27 k in Aug, 2017
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Aug, 2017Q4, 2017


$69 m$86 m$105 m$142 m$90 m$95 m$90 m$144 m

Annual Contract Value

$11 m$23 m$30 m$50 m$29 m$34 m$29 m$52 m




27 k
Show all operating metrics

PTC Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Servigistics (Shanghai) Co., Ltd.
Parametric Technology Europe B.V.
Parametric Technology Gesellschaft, m.b.H.
Parametric Technology GmbH
Parametric Technology International, Inc.
Parametric Technology Israel Ltd.
Parametric Technology Italia S.r.l.
Parametric Technology Mexico, S.A. de C.V.
Parametric Technology Nederland B.V.
Parametric Technology S.A.
Parametric Technology Singapore Pte. Ltd.
Parametric Technology South Africa (Propretary) Limited
Parametric Technology Taiwan Ltd.
PTC (Canada) Inc.
PTC (IFSC) Limited
PTC (SSI) dac
PTC Benelux LLC
PTC Eastern Europe Limited S.R.L.
PTC Holdings (Europe) B.V.
PTC Holdings (NL) B.V.
PTC International Limited Liability Company
PTC International, Inc.
PTC Japan KK
PTC Netherlands C.V.
PTC Netherlands LLC
PTC Software (India) Private Limited
PTC Sweden AB
PTC Vuforia Switzerland AG
Atego Group Ltd.
Atego Systems Ltd.
CV Holding (Mauritius) Ltd.
Enigma Information Retrieval Systems Ltd. (UK)
MCA Solutions BVBA
Parametric Holdings (UK) Limited
Parametric Technology (Belgium) b.v.b.a.
Parametric Technology (Denmark) A/S
Parametric Technology (India) Private Ltd.
Parametric Technology (Shanghai) Software Co. Ltd.
Parametric Technology Australia Pty. Limited
Atego SAS
ColdLight Solutions, LLC
Enigma Europe B.V.
Kepware Japan KK
Parametric Holdings (Ireland) Ltd.
Parametric Korea Co., Ltd.
Parametric Technology (C.R.) s.r.o.
Parametric Technology (Hong Kong) Ltd.
Parametric Technology (Republic of Ireland) Ltd.
Parametric Technology (Schweiz) AG
Parametric Technology (Slovakia) s.r.o.
Parametric Technology (UK) Limited
Parametric Technology Brasil Ltda.
Parametric Technology Corporation
Parametric Technology Corporation (Malaysia) Sdn. Bhd.
Parametric Technology Espana, S.A.
Kepware TechnologiesDecember 23, 2015$100 m
VuforiaNovember 03, 2015
ColdLight SolutionsMay 05, 2015$105 m
CaugnateJanuary 01, 2015
AxedaJuly 24, 2014$170 m
AtegoJune 16, 2014$50 m
ThingWorxDecember 30, 2013$112 m
NetIDEAS, Inc.September 10, 2013
Enigma IncJuly 16, 2013$10 m
ServigisticsAugust 08, 2012$220 m
4C SolutionsSeptember 01, 2011
MKS IncMay 31, 2011
Planet MetricsFebruary 08, 2010
Synapsis TechnologyDecember 10, 2009
Relex SoftwareJune 08, 2009
CoCreate SoftwareDecember 03, 2007$250 m
NetRegulusSeptember 24, 2007
NC Graphics (Cambridge) Ltd.May 01, 2007
ITEDO SoftwareOctober 18, 2006$17 m
Mathsoft Engineering & EducationApril 01, 2006$63 m
ArbortextJuly 06, 2005$190 m
Aptavis Technologies Corp.June 10, 2005
Polyplan TechnologiesJune 06, 2005
OHIO Design AutomationApril 08, 2004$12 m
Auxilium, inc.March 09, 1999
ComputervisionDecember 12, 1998
InPart DesignOctober 02, 1998

PTC Market Value History

PTC Revenue Breakdown

PTC Median Salaries

Source: 345 public H-1B filings from PTC

PTC's Web-traffic and Trends

PTC Online and Social Media Presence

PTC News and Updates

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PTC Company Life and Culture

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