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PTC INC. (PTC)

Vertical SaaS

SaaS Metrics & Investor Data — Q1 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 N/A as of Q1 2026. The company trades at N/A EV/Revenue and has delivered +19.2% revenue growth year-over-year. With a gross margin of 84% and FCF margin of 31.3%, PTC INC. scores 51 on the Rule of 40 — placing it in the top quartile of public SaaS companies tracked by SaaSDB.

compare_arrowsSector Benchmarking

Latest company metrics compared to the Vertical SaaS sector medians

Rule of 40
Outperforming
50.5%vs 30.2% median

Rule of 40 is 50.5% (sector median: 30.2%) — outperforming peers by 20.3%.

Revenue Growth
Outperforming
19.2%vs 15.5% median

Revenue Growth is 19.2% (sector median: 15.5%) — outperforming peers by 3.7%.

Gross Margin
Outperforming
83.7%vs 74.1% median

Gross Margin is 83.7% (sector median: 74.1%) — outperforming peers by 9.6%.

FCF Margin
Outperforming
31.3%vs 11.9% median

FCF Margin is 31.3% (sector median: 11.9%) — outperforming peers by 19.4%.

monitoringInvestor Metrics

Market Cap
N/A
Q1 2026
Enterprise Value
N/A
Q1 2026
Revenue (TTM)
$2.7B
Q1 2026
19.2%
Year-over-year
N/A
Enterprise Value multiple
N/A
Price-to-Sales
83.7%
Gross profit margin
34.7%
Operating income margin

From the makers of SaaSDB

B

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rocket_launchFounder & Operator Metrics

50.5
Revenue growth + FCF margin
31.3%
Free cash flow margin
83.7%
Gross profit margin
Operating leverage
-20.0x
Margin expansion vs revenue growth
R&D intensity
17%
R&D as % of TTM revenue

Not publicly disclosed by this company: Net Revenue Retention·Gross Retention·ARR·ARR Growth·CAC Payback

trending_upEfficiency & Investment Trends

Insider Trading Activity

DateInsiderTitleTransactionSharesPriceValue
2026-05-12Form 4 — 0001654954-26-004735
2026-05-08Form 4 — 0001654954-26-004635
2026-03-18Lathan CorinnaSELL675$157.24$106K
2026-03-16Pham TracGRANT1,181$0.00$0
2026-03-04VON STAATS AARON CEVP, Chief Legal OfficerSELL2,639$160.00$422K
2026-02-12Pham TracGRANT1,431$0.00$0
2026-02-12Lathan CorinnaGRANT1,500$0.00$0
2026-02-12Katz MichalGRANT1,500$0.00$0
2026-02-12CHAFFIN JANICEGRANT1,801$0.00$0
2026-02-12Benjamin Mark DGRANT1,500$0.00$0
2026-02-12VON STAATS AARON CEVP, Chief Legal OfficerSELL232$161.06$37K
2026-02-12LICO JAMES AGRANT410$0.00$0
2026-02-12LACY PAUL AGRANT1,500$0.00$0
2026-02-12Hanspal AmarpreetGRANT1,500$0.00$0
2026-02-12BERNSHTEYN ROBERTGRANT1,500$0.00$0

Analyst Ratings

BuyAvg. price target: $190.88as of 2026-06-08
Buy 20 (61%)Hold 10 (30%)Sell 3 (9%)

From the makers of SaaSDB

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compare_arrowsCompare PTC INC. Against Sector Peers