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Side-by-side financial comparison of Alight, Inc. (ALIT) and PTC Inc. (PTC). Click either name above to swap in a different company.

PTC Inc. is the larger business by last-quarter revenue ($685.8M vs $653.0M, roughly 1.1× Alight, Inc.). PTC Inc. runs the higher net margin — 24.3% vs -142.7%, a 167.0% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs -4.0%). PTC Inc. produced more free cash flow last quarter ($267.4M vs $99.0M). Over the past eight quarters, Alight, Inc.'s revenue compounded faster (8.1% CAGR vs 6.6%).

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning.

PTC Inc. is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The company was a pioneer in parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for Product Lifecycle Management (PLM) in 1998. PTC markets products and services and an Internet of Things (IoT) and augmented reality (AR) platform for partners and developers.

ALIT vs PTC — Head-to-Head

Bigger by revenue
PTC
PTC
1.1× larger
PTC
$685.8M
$653.0M
ALIT
Growing faster (revenue YoY)
PTC
PTC
+25.3% gap
PTC
21.4%
-4.0%
ALIT
Higher net margin
PTC
PTC
167.0% more per $
PTC
24.3%
-142.7%
ALIT
More free cash flow
PTC
PTC
$168.4M more FCF
PTC
$267.4M
$99.0M
ALIT
Faster 2-yr revenue CAGR
ALIT
ALIT
Annualised
ALIT
8.1%
6.6%
PTC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALIT
ALIT
PTC
PTC
Revenue
$653.0M
$685.8M
Net Profit
$-932.0M
$166.5M
Gross Margin
36.8%
82.8%
Operating Margin
-114.9%
32.2%
Net Margin
-142.7%
24.3%
Revenue YoY
-4.0%
21.4%
Net Profit YoY
-11750.0%
102.5%
EPS (diluted)
$-1.77
$1.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALIT
ALIT
PTC
PTC
Q4 25
$653.0M
$685.8M
Q3 25
$533.0M
$893.8M
Q2 25
$528.0M
$643.9M
Q1 25
$548.0M
$636.4M
Q4 24
$680.0M
$565.1M
Q3 24
$555.0M
$626.5M
Q2 24
$538.0M
$518.6M
Q1 24
$559.0M
$603.1M
Net Profit
ALIT
ALIT
PTC
PTC
Q4 25
$-932.0M
$166.5M
Q3 25
$-1.1B
$347.8M
Q2 25
$-1.1B
$141.3M
Q1 25
$-25.0M
$162.6M
Q4 24
$8.0M
$82.2M
Q3 24
$-74.0M
$126.5M
Q2 24
$23.0M
$69.0M
Q1 24
$-114.0M
$114.4M
Gross Margin
ALIT
ALIT
PTC
PTC
Q4 25
36.8%
82.8%
Q3 25
33.4%
86.9%
Q2 25
33.3%
82.9%
Q1 25
31.2%
83.3%
Q4 24
39.9%
80.2%
Q3 24
31.4%
82.0%
Q2 24
31.0%
78.4%
Q1 24
32.6%
81.8%
Operating Margin
ALIT
ALIT
PTC
PTC
Q4 25
-114.9%
32.2%
Q3 25
-248.0%
48.5%
Q2 25
-191.3%
32.6%
Q1 25
-1.5%
35.1%
Q4 24
6.5%
20.4%
Q3 24
-7.6%
31.0%
Q2 24
-9.7%
18.5%
Q1 24
-7.2%
29.8%
Net Margin
ALIT
ALIT
PTC
PTC
Q4 25
-142.7%
24.3%
Q3 25
-200.2%
38.9%
Q2 25
-203.2%
21.9%
Q1 25
-4.6%
25.6%
Q4 24
1.2%
14.6%
Q3 24
-13.3%
20.2%
Q2 24
4.3%
13.3%
Q1 24
-20.4%
19.0%
EPS (diluted)
ALIT
ALIT
PTC
PTC
Q4 25
$-1.77
$1.39
Q3 25
$-2.02
$2.88
Q2 25
$-2.03
$1.17
Q1 25
$-0.05
$1.35
Q4 24
$0.02
$0.68
Q3 24
$-0.14
$1.05
Q2 24
$0.04
$0.57
Q1 24
$-0.21
$0.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALIT
ALIT
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$273.0M
$209.7M
Total DebtLower is stronger
$2.0B
$1.2B
Stockholders' EquityBook value
$1.0B
$3.8B
Total Assets
$4.6B
$6.4B
Debt / EquityLower = less leverage
1.92×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALIT
ALIT
PTC
PTC
Q4 25
$273.0M
$209.7M
Q3 25
$205.0M
$184.4M
Q2 25
$227.0M
$199.3M
Q1 25
$223.0M
$235.2M
Q4 24
$343.0M
$196.3M
Q3 24
$300.0M
$265.8M
Q2 24
$183.0M
$247.7M
Q1 24
$256.0M
$249.0M
Total Debt
ALIT
ALIT
PTC
PTC
Q4 25
$2.0B
$1.2B
Q3 25
$2.0B
$1.2B
Q2 25
$2.0B
$1.2B
Q1 25
$2.0B
$1.4B
Q4 24
$2.0B
$1.0B
Q3 24
$2.0B
$1.2B
Q2 24
$2.8B
$1.3B
Q1 24
$2.8B
$1.5B
Stockholders' Equity
ALIT
ALIT
PTC
PTC
Q4 25
$1.0B
$3.8B
Q3 25
$2.0B
$3.8B
Q2 25
$3.1B
$3.5B
Q1 25
$4.2B
$3.4B
Q4 24
$4.3B
$3.2B
Q3 24
$4.3B
$3.2B
Q2 24
$4.5B
$3.0B
Q1 24
$4.5B
$2.9B
Total Assets
ALIT
ALIT
PTC
PTC
Q4 25
$4.6B
$6.4B
Q3 25
$5.5B
$6.6B
Q2 25
$6.8B
$6.2B
Q1 25
$7.9B
$6.2B
Q4 24
$8.2B
$6.1B
Q3 24
$8.3B
$6.4B
Q2 24
$10.5B
$6.1B
Q1 24
$10.7B
$6.2B
Debt / Equity
ALIT
ALIT
PTC
PTC
Q4 25
1.92×
0.31×
Q3 25
1.00×
0.31×
Q2 25
0.65×
0.34×
Q1 25
0.48×
0.40×
Q4 24
0.47×
0.32×
Q3 24
0.47×
0.38×
Q2 24
0.62×
0.43×
Q1 24
0.62×
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALIT
ALIT
PTC
PTC
Operating Cash FlowLast quarter
$124.0M
$269.7M
Free Cash FlowOCF − Capex
$99.0M
$267.4M
FCF MarginFCF / Revenue
15.2%
39.0%
Capex IntensityCapex / Revenue
3.8%
0.3%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$250.0M
$888.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALIT
ALIT
PTC
PTC
Q4 25
$124.0M
$269.7M
Q3 25
$77.0M
$104.0M
Q2 25
$86.0M
$243.9M
Q1 25
$73.0M
$281.3M
Q4 24
$118.0M
$238.4M
Q3 24
$-24.0M
$98.1M
Q2 24
$58.0M
$213.8M
Q1 24
$100.0M
$250.7M
Free Cash Flow
ALIT
ALIT
PTC
PTC
Q4 25
$99.0M
$267.4M
Q3 25
$49.0M
$100.5M
Q2 25
$58.0M
$242.0M
Q1 25
$44.0M
$278.5M
Q4 24
$92.0M
$235.7M
Q3 24
$-52.0M
$93.6M
Q2 24
$22.0M
$212.2M
Q1 24
$69.0M
$247.1M
FCF Margin
ALIT
ALIT
PTC
PTC
Q4 25
15.2%
39.0%
Q3 25
9.2%
11.2%
Q2 25
11.0%
37.6%
Q1 25
8.0%
43.8%
Q4 24
13.5%
41.7%
Q3 24
-9.4%
14.9%
Q2 24
4.1%
40.9%
Q1 24
12.3%
41.0%
Capex Intensity
ALIT
ALIT
PTC
PTC
Q4 25
3.8%
0.3%
Q3 25
5.3%
0.4%
Q2 25
5.3%
0.3%
Q1 25
5.3%
0.4%
Q4 24
3.8%
0.5%
Q3 24
5.0%
0.7%
Q2 24
6.7%
0.3%
Q1 24
5.5%
0.6%
Cash Conversion
ALIT
ALIT
PTC
PTC
Q4 25
1.62×
Q3 25
0.30×
Q2 25
1.73×
Q1 25
1.73×
Q4 24
14.75×
2.90×
Q3 24
0.78×
Q2 24
2.52×
3.10×
Q1 24
2.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALIT
ALIT

Recurring$607.0M93%
Projects$46.0M7%

PTC
PTC

Support And Cloud Services$393.3M57%
License$269.7M39%
Technology Service$22.9M3%
Perpetual License$5.6M1%

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