PTC (PTC) Revenue — Quarter Ended Mar 31, 2023
Revenue for the reporting quarter increased. It rose compared to both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the reporting quarter increased. It rose compared to both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$542.2M
Revenue reported for this quarter.
Quarter-over-quarter
+16.4%
Change from the immediately preceding quarter.
Year-over-year
+16.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $462.5M | +6.2% |
| Sep 30, 2022 | $507.9M | +5.7% |
| Dec 31, 2022 | $465.9M | +8.6% |
| Mar 31, 2023 | $542.2M | +16.4% |
Revenue performance
The quarter reported higher revenue, continuing an upward trend observed in recent periods.
Quarterly comparison
Revenue was higher than the immediately preceding quarter and also higher than the same quarter one year earlier.
What to watch
The rate of revenue growth relative to the prior year quarter matched the sequential growth rate.