PTC develops and delivers software products and solutions worldwide. It operates in two segments, Software Products and Services. The Company offers product lifecycle management products comprising PTC Windchill that provides lifecycle intelligence; and PTC Creo View, which enables enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats. In addition, it provides application lifecycle management products, such as PTC Integrity that enables users to manage system models, software configurations, test plans, and defects, as well as model-based systems engineering solutions that connect requirements engineering, architecture modeling, physical product definition, and system verification functions. Further, PTC offers service lifecycle management products that include PTC Servigistics, a suite of software products that enable a systematic approach to service lifecycle management; and PTC Arbortext, an enterprise software suite that allows manufacturers to create, illustrate, manage, and publish technical and service parts information. Additionally, the company provides Internet of Things products, such as ThingWorx, KEPServerEX, Vuforia Studio, and Vuforia, which enable customers to design, connect, operate and service smart and connected products. 

Company Growth (employees)
Needham, US
Size (employees)
6,309 (est)+9%
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
Sydney, AU
Capita Centre 9 Castlereagh St
Toyota, JP
1-13-11 Kosaka-Honcho
Xian Shi, CN
38 Gao Xin Lu
Shinjuku, JP
6-8-1 Nishishinjuku
Xinyi District, TW
460-466 Hsin Yi Road
Show all (78)

PTC Financials and Metrics

PTC Financials

PTC's revenue was reported to be $280 m in Q2, 2017

Revenue (Q2, 2017)

280 m

Gross profit (Q2, 2017)

198.2 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(10.2 m)

EBIT (Q2, 2017)

7.5 m

Market capitalization (19-Oct-2017)

7 b

Cash (01-Apr-2017)

243.3 m
PTC's current market capitalization is $7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


1.3 b1.4 b1.3 b1.1 b

Revenue growth, %


Cost of goods sold

373 m373.7 m334.7 m325.7 m

Gross profit

920.5 m983.3 m920.5 m814.9 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017


336.6 m325.4 m314.1 m303.1 m272.6 m288.7 m286.3 m280 m

Cost of goods sold

91.1 m92.9 m86.1 m79.4 m80.2 m82.5 m82.1 m81.8 m

Gross profit

245.6 m232.5 m228.1 m223.7 m192.4 m206.2 m204.2 m198.2 m

Gross profit Margin, %

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


240.3 m167.9 m489.5 m241.9 m293.7 m273.4 m277.9 m

Current Assets

680.2 m732.2 m704.7 m642.6 m


64.7 m67.8 m65.2 m67.1 m


769.1 m1 b1.1 b1.2 b
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017


304.2 m261.1 m267.8 m275.1 m368.5 m294.6 m173.4 m243.3 m

Current Assets

711.2 m696.1 m706.3 m635.2 m741.4 m635.3 m513.2 m671.7 m


63.6 m65.8 m65.2 m65 m62.9 m62.9 m65.9 m63.4 m


870.8 m1 b985 m1.1 b1.2 b1.2 b1.2 b1.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

143.8 m160.2 m47.6 m(54.5 m)

Depreciation and Amortization

76.6 m77.3 m84.4 m86.6 m

Accounts Receivable

17.3 m7.6 m29.7 m52.6 m

Accounts Payable

(4.8 m)(436 k)31.1 m(14.2 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

121.4 m30.3 m35.7 m53.1 m(29.1 m)(26 m)(9.1 m)(10.2 m)

Depreciation and Amortization

57.3 m21.2 m42.2 m63.5 m42.9 m64.7 m21.5 m42.7 m

Accounts Receivable

14.6 m25.8 m22.7 m44.9 m63.6 m58.5 m21.2 m15.4 m

Cash From Operating Activities

253.4 m13.6 m105.6 m192.5 m110.1 m169.6 m(48 m)28.4 m
Y, 2017

Financial Leverage

2.8 x
Show all financial metrics

PTC Operating Metrics

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


$62 m$69 m$86 m$105 m$142 m$401 m$90 m$95 m

Annual Contract Value

$6 m$11 m$23 m$30 m$50 m$114 m$29 m$34 m


27 k
Show all operating metrics

PTC Market Value History

PTC Revenue Breakdown

PTC Job Categories

PTC Median Salaries

Source: 345 public H-1B filings from PTC

Traffic Overview of PTC

PTC Online and Social Media Presence

PTC News and Updates

BorgWarner To Supply Unnamed EV Auto Manufacturer With PTC Cabin Heating Tech, To Improve Range

BorgWarner will be providing an unnamed but globally active electric vehicle auto manufacturer with its new high-voltage positive temperature coefficient cabin heating tech — for use in a new electric vehicle offering — according to a new press release BorgWarner To Supply Unnamed EV Auto Manufactur…

Duchenne Muscular Dystrophy Treatment Market Size to Escalate at a Rapid Scale Through 2024

Continuous research on gene therapy, exon skipping drugs and stem cell therapy for the treatment of Duchenne muscular dystrophy is expected to fuel the global market for Duchenne muscular dystrophy treatment market over the forecast period. Posted via Industry Today. Follow us on Twitter @IndustryT…

Moving to the cloud is way harder than it looks. Here’s how five pioneers did it

When Inc. sent Domtar Corp.’s Personal Care Division, a manufacturer of absorbent hygiene products, a request to upgrade software drivers that the customer relationship management supplier was using for connectivity, the process seemed like a simple one. But upon upgrading, Domtar sud…

Vuforia’s Project Chalk lets people communicate in augmented reality

Internet of Things and augmented reality technology provider PTC announced that it is working on an application that lets people make ink-like virtual marks on AR images they can view using AR goggles. The Project Chalk technology could be a very important applications in moving augmented reality in…

PTC Company Life and Culture

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