PTC INC. (PTC)
Vertical SaaSSaaS Metrics & Investor Data — Q2 2026
analyticsEditorial Financial Analysis
Financial Performance & Trajectory
PTC Inc. demonstrates a robust top-line trajectory, with trailing revenue scaling to $2.74B as of Q1 2026, reflecting a strong 19.2% YoY growth. This marks a significant acceleration from the 10.1% growth recorded in Q4 2025, indicating a re-acceleration in business momentum. Gross margins remain best-in-class, though they exhibit volatility, compressing to 83.7% in Q1 2026 from 90.6% in Q4 2025—likely due to mix shifts toward lower-margin services or hardware in a given quarter. Despite this, the company's cash generation is exceptional, with a FCF Margin of 31.3% in Q1 2026, slightly down from 33.8% in Q4 2025 but still indicative of a highly efficient, scalable business model.
Operational & Go-to-Market (GTM) Efficiency
PTC’s operational efficiency is underscored by its stellar Rule of 40 score of 50.5 in Q1 2026, a substantial improvement from 44.0 in Q4 2025. This metric, which combines growth and profitability, places PTC firmly in elite SaaS territory, suggesting that reinvestments—likely in R&D for its CAD, PLM, and IoT platforms—are yielding high returns without sacrificing cash flow. While specific NRR and CAC payback data are unavailable, the consistent high gross margins and FCF generation imply strong customer retention and efficient GTM spend. The company is effectively balancing growth acceleration with margin expansion, a hallmark of disciplined operational execution.
Market Valuation & Sentiment
The market currently values PTC at a 6.2x EV/Revenue multiple (Q1 2026), a slight discount from 6.8x in Q4 2025. This compression, despite improving growth and Rule of 40 performance, suggests the market may be pricing in macro headwinds or awaiting more consistent gross margin stability. Insider activity shows a net selling trend of $-528.4K over the last 10 filings with zero buys, signaling a cautious internal perspective. Conversely, Wall Street sentiment remains bullish with a Consensus Buy rating (20 Buys, 10 Holds, 3 Sells) and an average price target of $190.88. This disconnect between insider caution and analyst optimism presents a nuanced risk/reward profile for institutional investors.
Disclaimer: The editorial financial analysis above is generated using data sourced from SEC EDGAR filings and Wall Street consensus ratings. This analysis is provided for informational and educational purposes only and does not constitute financial, investment, or professional advice. Readers should conduct their own research or consult with a registered financial advisor before making any investment decisions.
PTC INC. (PTC) is a Vertical SaaS SaaS company with a market cap of $15.1B as of Q2 2026. The company trades at 5.9x EV/Revenue and has delivered +17.6% revenue growth year-over-year. With a gross margin of 83% and FCF margin of 31.7%, PTC INC. scores 49 on the Rule of 40 — placing it in the upper half of public SaaS companies tracked by SaaSDB.
compare_arrowsSector Benchmarking
Latest company metrics compared to the Vertical SaaS sector medians
EV/Revenue is 5.9x (sector median: 5.0x) — trading at a premium of 0.9x relative to peers.
Rule of 40 is 49.4% (sector median: 33.1%) — outperforming peers by 16.3%.
Revenue Growth is 17.6% (sector median: 17.6%) — in-line with peers.
Gross Margin is 83.3% (sector median: 73.7%) — outperforming peers by 9.6%.
FCF Margin is 31.7% (sector median: 11.8%) — outperforming peers by 19.9%.
monitoringInvestor Metrics
From the makers of SaaSDB
Want a Full Research Brief on PTC INC.?
BriefStock runs real DCF, FCF yield, and P/E calculations from SEC filings — with 8-section research briefs updated after every earnings call.
rocket_launchFounder & Operator Metrics
Not publicly disclosed by this company: Net Revenue Retention·Gross Retention·ARR·ARR Growth·CAC Payback
trending_upEfficiency & Investment Trends
biotechR&D Intensity Trend
R&D expense as % of revenue over time
insightsOperating Leverage Trend
Operating leverage ratio (margin expansion vs growth)
Negative leverage. Growth is being achieved at the expense of deteriorating margins (increasing operating loss).
Insider Trading Activity
Analyst Ratings
From the makers of SaaSDB
Go deeper with BriefStock
SaaSDB shows you the benchmarks. BriefStock shows you whether the stock is fairly valued — with automated earnings transcripts, insider signal analysis, and institutional 13-F tracking.