OverviewSuggest Edit

PTC (formerly known as Parametric Technology Corporation) is a global software and services company delivering digital transformation for industrial companies. It operates through two segments: Software Products and Professional Services. Its principal products include Creo, Windchill, ThingWorx, and Vuforia Studio. Creo is a suite of product design software that provides a set of packages for design engineers to meet a variety of specialized needs, offering capabilities for design flexibility, advanced assembly design, piping and cabling design, etc. Windchill suite of PLM software offers product lifecycle management capabilities from design to service. ThingWorx enables customers to reduce the time, cost, and risk required to build and deploy IoT applications, connect devices, systems, and applications, manage connected products, and analyze industrial IoT data. Vuforia Studio is a cloud-based tool that enables industrial enterprises to author and publish augmented reality experiences.

HQBoston, US
Employee Ratings3.7

Latest Updates

Employees (est.) (Sept 2019)6,055
Job Openings171
Revenue (FY, 2019)$1.3 B(+2%)
Share Price (Oct 2020)$85.8 (-1%)
Cybersecurity ratingBMore

Key People/Management at PTC

Jim Heppelmann

Jim Heppelmann

President and Chief Executive Officer
Kathleen Mitford

Kathleen Mitford

EVP, Chief Strategy Officer
Craig Melrose

Craig Melrose

EVP Digital Transformation Solutions
Jon Hirschtick

Jon Hirschtick

EVP and President of SaaS
Michael Ditullio

Michael Ditullio

Executive Vice President, Sales and Commercial Marketing
Eduarda Camacho

Eduarda Camacho

EVP and Chief Customer Officer
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PTC Office Locations

PTC has offices in Boston, Akron, Albuquerque, Alpharetta and in 83 other locations
Boston, US (HQ)
121 Seaport Blvd
Akron, US
1660 Akron Peninsula Rd
Albuquerque, US
6501 Americas Pkwy
Alpharetta, US
6120 Windward Pkwy #150
Altamonte Springs, US
283 Cranes Roost Blvd #117
Blaine, US
3785 Pheasant Ridge Dr NE
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PTC Financials and Metrics

PTC Revenue

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PTC's revenue was reported to be $1.26 b in FY, 2019 which is a 1.1% increase from the previous period.

Revenue (Q3, 2020)


Gross profit (Q3, 2020)


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EBIT (Q3, 2020)


Market capitalization (14-Oct-2020)


Closing stock price (14-Oct-2020)


Cash (27-Jun-2020)



PTC's current market capitalization is $10.5 b.
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USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020



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USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

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USDFY, 2017


169.7 x


51.6 x




0.8 x


0.3 x

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2.7 x

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PTC Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Oct, 2019Q1, 2020Q2, 2020


$905 m$928 m$961 m$994 m$1.01 b$1.05 b$1.07 b$1.09 b$1.12 b$1.16 b$1.18 b


$419 m$104 m$99 m$113 m$466 m$101 m$112 m$109 m$472 m

Annual Contract Value

$143 m$34 m$38.50 m$44 m$177 m$29 m$51 m$49 m$199 m


1.15 k
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PTC Acquisitions / Subsidiaries

Company NameDateDeal Size
OnshapeOctober 23, 2019$470 m
twnklsJune 12, 2019
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
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PTC Cybersecurity Score

Cybersecurity ratingPremium dataset



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PTC Revenue Breakdown

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PTC revenue breakdown by business segment: 30.6% from Solutions Group, 11.5% from Support, 16.7% from Subscription, 30.2% from Software Products and 10.9% from Other

PTC revenue breakdown by geographic segment: 20.2% from Asia Pacific, 37.0% from Europe and 42.8% from Americas

PTC Online and Social Media Presence

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PTC News and Updates

PTC to sponsor Global Design Competition, “Robots to the Rescue”

In response to the suspended FIRST season caused by COVID-19, PTC is inviting FIRST teams around the world to compete virtually in its design competition, Robots to the Rescue, in which teams will be challenged to design a robot that can solve a current real-world problem. FIRST is a robotics commun…

Global PTC Resettable Devices Market Huge Growth Opportunity between 2020-2025

According to this study, over the next five years the Smart Micro Drones Services market will register a xx% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2019. In particular, this report presents the global revenue market share of key compani…

PTC Named a Leader in IDC MarketScape for Manufacturing Service Parts Management

PTC was named a Leader in the “IDC MarketScape: Worldwide Manufacturing Service Parts Management Applications 2020 Vendor Assessment (doc #US44801020, JANUARY 2020),” recognized for going “beyond basic planning needs to ensure complicated service supply chains can be managed without disruption or co…

PTC ThingWorx Platform Recognized as a Leader in Industrial IoT Software Platforms Report by Independent Research Firm

The PTC ThingWorx® IIoT platform offers a broad set of capabilities that provide industrial companies with rich functionality and flexibility, while offering the security and scalability required to deploy IIoT solutions throughout their enterprises.read more

3-Day SafeRail Congress: Covering Digitalization, PTC Implementation, Asset Management, and More (Boston, United States - March 17-19, 2020)

DUBLIN, Jan. 28, 2020 /PRNewswire/ -- The "SafeRail: Ensuring Mission Critical Safety and Security Across the Rail and Transit Network" conference has been added to ResearchAndMarkets.com's offering. The SafeRail Congress is a forum for railroads, transit agencies and solution providers...

Connected2Fiber Wins PTC Award For "Outstanding Network Intelligence and Management Company"

BOSTON, Jan. 23, 2020 /PRNewswire/ -- Connected2Fiber, the go-to-market platform for network buyers and sellers, announced today that it has received the prestigious Pacific Telecommunications Council (PTC) Award for "Outstanding Network Intelligence and Management Company" this week at...
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PTC Frequently Asked Questions

  • When was PTC founded?

    PTC was founded in 1985.

  • Who are PTC key executives?

    PTC's key executives are Jim Heppelmann, Kathleen Mitford and Craig Melrose.

  • How many employees does PTC have?

    PTC has 6,055 employees.

  • What is PTC revenue?

    Latest PTC annual revenue is $1.3 b.

  • What is PTC revenue per employee?

    Latest PTC revenue per employee is $207.4 k.

  • Who are PTC competitors?

    Competitors of PTC include Siemens, SAP and Oracle.

  • Where is PTC headquarters?

    PTC headquarters is located at 121 Seaport Blvd, Boston.

  • Where are PTC offices?

    PTC has offices in Boston, Akron, Albuquerque, Alpharetta and in 83 other locations.

  • How many offices does PTC have?

    PTC has 96 offices.