PTC Inc. (NASDAQ: PTC) is a global provider of software and services that help companies achieve digital transformation in product design, manufacturing, and service. Founded in 1985 by Samuel Geisberg and Mike Payne, the company was originally named Parametric Technology Corporation before rebranding to PTC Inc. in 2013. Headquartered in ...PTC Inc. (NASDAQ: PTC) is a global provider of software and services that help companies achieve digital transformation in product design, manufacturing, and service. Founded in 1985 by Samuel Geisberg and Mike Payne, the company was originally named Parametric Technology Corporation before rebranding to PTC Inc. in 2013. Headquartered in Boston, Massachusetts, PTC operates across the Americas, Europe, and Asia Pacific, serving a diverse range of industries including manufacturing, automotive, aerospace, and high-tech.
PTC's business is organized into two primary segments: Software Products and Professional Services. Its software portfolio is extensive and designed to address various aspects of the product lifecycle. Key offerings include:
- **Creo**: A leading 3D CAD software that supports digital design, validation, and refinement of product models.
- **Windchill**: A comprehensive product lifecycle management (PLM) solution for managing product data and processes.
- **ThingWorx**: An enterprise IoT platform that enables rapid creation, deployment, and scaling of smart, connected products and operations.
- **Vuforia**: An augmented reality (AR) platform that visualizes digital information in real-world contexts.
- **Onshape**: A cloud-based product development platform integrating CAD, data management, collaboration tools, and real-time analytics.
- **Arena**: A cloud-based PLM solution tailored for product teams to collaborate virtually.
- **Servigistics**: A service parts management solution that optimizes service operations.
- **Integrity**: An application lifecycle management (ALM) solution.
Financially, PTC has demonstrated robust performance with a market capitalization of approximately $17 billion, revenue per share of $25.76, and a high gross profit margin of 84.1%. The company maintains a strong profitability profile with a net profit margin of 41.4% and a return on equity of 32.6%. PTC has an enterprise value of $18.3 billion, an EV/EBITDA ratio of 10.95, and a price-to-earnings ratio of 14.23. Its debt structure is conservative with a debt-to-equity ratio of 0.46, ensuring financial stability and flexibility for future investments.
Under the leadership of CEO Neil Barua, who took the role in February 2024, PTC continues to focus on innovation, emphasizing the 'Power To Create' for its customers. The company invests heavily in research and development, with R&D expenses accounting for 16.1% of revenue, reflecting its commitment to advancing technologies like IoT and AR. PTC employs over 7,600 people worldwide and maintains a strong presence in the software application industry, specializing in engineering and industrial software solutions. It is also 'Actively Trading' on the NASDAQ Global Select exchange, with an IPO date of December 8, 1989.
PTC's mission is to empower businesses to create more innovative, sustainable, and connected products through its technology, serving as a key enabler in the digital transformation journey of manufacturers globally.
Plutux no es un asesor de inversiones. Los datos de mercado y el análisis generado por IA son solo informativos y educativos, no asesoramiento de inversión. Aviso legal
InteranualYoY significa Year-over-Year (interanual). Compara el último valor anual con el valor anual anterior para mostrar la fortaleza de la tendencia a largo plazo.
TrimestralQoQ significa Quarter-over-Quarter (intertrimestral). Compara el último trimestre con el trimestre inmediatamente anterior para mostrar cambios de impulso a corto plazo.
IngresosEl dinero total que entró por la puerta principal al vender cosas, antes de pagar una sola factura. Piensa en esto como el gran total de cada compra con tarjeta de los clientes. (YoY compara el rendimiento de este año con el del año pasado, mientras que QoQ compara los tres meses actuales con los tres anteriores).
$2.7B
+19.2%
-22.5%
Beneficio netoEl resultado final absoluto. Si la empresa pagara a cada proveedor, empleado, banquero y recaudador de impuestos, este es el dinero real que queda en su bolsillo al final del día.
$734.0M
+95.0%
-79.9%
Margen brutoEl margen básico. Si venden unas zapatillas de 100 dólares, este porcentaje indica cuánto de ese precio es ganancia justo después de pagar el caucho y los cordones, pero antes de pagar el alquiler de la tienda o los anuncios de televisión.
+83.8%
+3.9%
-2.4%
Margen operativoLa puntuación de eficiencia del 'trabajo diario'. De cada dólar que gasta un cliente, esto muestra cuántos centavos mantiene la empresa después de fabricar el producto Y pagar todos los gastos generales corporativos (como salarios, marketing y mantener las luces encendidas).
+35.9%
+40.2%
-27.4%
Margen netoEl porcentaje final que se lleva a casa. Cuando se eliminan todos los costos concebibles, impuestos y pagos de intereses, este es el número exacto de centavos que la empresa realmente se queda de cada dólar en ventas.
+26.8%
+63.7%
-74.1%
Flujo de caja libreEl santo grial del efectivo corporativo. Es el dinero físico gastable que queda después de que el negocio paga sus operaciones diarias Y compra las actualizaciones grandes y costosas (como nuevas fábricas o servidores) que necesita para sobrevivir. Este es el dinero 'libre' que pueden usar para pagar dividendos o recomprar acciones.
$856.7M
+17.1%
-21.6%
Margen FCFLa tasa definitiva de conversión de efectivo. Muestra qué tan buena es la empresa para convertir ventas regulares directamente en efectivo frío, duro y gastable. Un porcentaje alto significa que el negocio es una auténtica máquina de imprimir dinero.
+31.3%
-1.7%
+1.1%
Deuda/PatrimonioEl indicador de riesgo financiero. Compara cuánto del imperio de la empresa se construyó con dinero prestado (préstamos) frente al dinero propio de los propietarios (accionistas). Un número alto significa que están muy apalancados y juegan un juego más arriesgado; un número bajo significa que juegan a lo seguro.
35.8%
-40.4%
+29.5%
Ratio corrienteLa verificación de supervivencia de 12 meses. Simplemente compara el efectivo que tienen ahora mismo (más cosas que pueden convertirse rápidamente en efectivo) con las facturas inmediatas que absolutamente deben pagar este año. Una puntuación superior a 1 significa que tienen suficiente en la billetera para cubrir las próximas facturas sin entrar en pánico.
1.12x
+43.5%
-16.9%
Activos totalesEl tamaño absoluto del imperio de la empresa. Agrupa absolutamente todo lo valioso que poseen, desde el efectivo en la caja registradora y el inventario en el almacén, hasta las patentes de software en la bóveda y las fábricas en el suelo.
Operator: Good evening, ladies and gentlemen. Thank you for standing by, and welcome to PTC's 2026 Third Quarter Conference Call. I would now like to turn the call over to Mike Maguire, PTC's Head of Investor Relations. Please go ahead.
Michael Maguire: Thank you, operator. And good afternoon, everyone. Welcome to PTC's Third Quarter 2026 Conference call. On the call today are Neil Barua, Chief Executive Officer; and Jen DiRico, Chief Financial Officer. Today's conference call is being broadcast live through an audio webcast, and a replay of the call will be available later today at www.ptc.com. During this call, PTC will make forward-looking statements, including guidance as to future operating results. Because such statements deal with future events, actual results may differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements can be found in PTC's annual report on Form 10-K, quarterly reports on Form 10-Q and other filings with the U.S. Securities and Exchange Commission as well as in today's press release. The forward-looking statements, including guidance provided during this call are valid only as of today's date, July 29, 2026, and PTC assumes no obligation to update these forward-looking statements. During the call, PTC will discuss non-GAAP financial measures. These non-GAAP measures are not prepared in accordance with generally accepted accounting principles. A reconciliation of the non-GAAP financial measures to the most comparable GAAP measures can be found in today's press release made available on our website. With that, I'd like to turn the call over to PTC's Chief Executive Officer, Neil Barua. Neil?
Neil Barua: Thank you, Mike. PTC delivered another strong quarter in Q3. In particular, I'd highlight the $60 million of net new ARR we generated. Year-over-year constant currency ARR and free cash flow growth, both exceeded the high end of our guidance range. There are a lot of positives from Q3. Our Intelligent Product Lifecycle solutions continued driving customer demand and business performance across verticals, geographies and products. Our customers face growing pressure to shorten development cycles, improve resilience and compete in an AI-driven world. They understand that their product data is a strategic enterprise asset to help drive better decisions and are turning to our CAD, PLM, ALM and FLM systems of record to build their product data foundations. From an execution standpoint, we have turned the corner with our go-to-market transformation. We are seeing the results of the transformation in our customer wins, including deeper vertical expertise, executive level engagement and better cross-team collaboration. We had several notable wins this quarter, some of which are referenced in the appendix. But as an example, these results played an important role in a Q3 …
