PTC (PTC) Revenue — Quarter Ended Sep 30, 2024
Revenue increased for the quarter, driven by higher collections including contributions from ServiceMax. Both sequential and year-over-year comparisons showed growth.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q4
Revenue increased for the quarter, driven by higher collections including contributions from ServiceMax. Both sequential and year-over-year comparisons showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$626.5M
Revenue reported for this quarter.
Quarter-over-quarter
+20.8%
Change from the immediately preceding quarter.
Year-over-year
+14.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.3B
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 |
|---|---|---|
| Dec 31, 2023 | $550.2M | +1.5% |
| Mar 31, 2024 | $603.1M | +11.2% |
| Jun 30, 2024 | $518.6M | -4.4% |
| Sep 30, 2024 | $626.5M | +14.6% |
Revenue performance
The quarter reversed the prior period decline, with revenue reaching a new high within the trailing twelve months.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose sharply, and versus the same quarter one year earlier, it also increased.
What to watch
Cash and cash equivalents decreased year over year, though operating cash flow improved significantly.