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Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and PTC Inc. (PTC). Click either name above to swap in a different company.
BREAD FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($975.0M vs $685.8M, roughly 1.4× PTC Inc.). On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs 5.4%). Over the past eight quarters, PTC Inc.'s revenue compounded faster (6.6% CAGR vs -0.8%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
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.
BFH vs PTC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $685.8M |
| Net Profit | — | $166.5M |
| Gross Margin | — | 82.8% |
| Operating Margin | 4.9% | 32.2% |
| Net Margin | — | 24.3% |
| Revenue YoY | 5.4% | 21.4% |
| Net Profit YoY | — | 102.5% |
| EPS (diluted) | $1.21 | $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.
| Q4 25 | $975.0M | $685.8M | ||
| Q3 25 | $971.0M | $893.8M | ||
| Q2 25 | $929.0M | $643.9M | ||
| Q1 25 | $970.0M | $636.4M | ||
| Q4 24 | $925.0M | $565.1M | ||
| Q3 24 | $983.0M | $626.5M | ||
| Q2 24 | $939.0M | $518.6M | ||
| Q1 24 | $991.0M | $603.1M |
| Q4 25 | — | $166.5M | ||
| Q3 25 | $188.0M | $347.8M | ||
| Q2 25 | $139.0M | $141.3M | ||
| Q1 25 | $138.0M | $162.6M | ||
| Q4 24 | — | $82.2M | ||
| Q3 24 | $2.0M | $126.5M | ||
| Q2 24 | $133.0M | $69.0M | ||
| Q1 24 | $134.0M | $114.4M |
| Q4 25 | — | 82.8% | ||
| Q3 25 | — | 86.9% | ||
| Q2 25 | — | 82.9% | ||
| Q1 25 | — | 83.3% | ||
| Q4 24 | — | 80.2% | ||
| Q3 24 | — | 82.0% | ||
| Q2 24 | — | 78.4% | ||
| Q1 24 | — | 81.8% |
| Q4 25 | 4.9% | 32.2% | ||
| Q3 25 | 20.2% | 48.5% | ||
| Q2 25 | 18.7% | 32.6% | ||
| Q1 25 | 20.3% | 35.1% | ||
| Q4 24 | -2.9% | 20.4% | ||
| Q3 24 | 4.1% | 31.0% | ||
| Q2 24 | 19.2% | 18.5% | ||
| Q1 24 | 19.0% | 29.8% |
| Q4 25 | — | 24.3% | ||
| Q3 25 | 19.4% | 38.9% | ||
| Q2 25 | 15.0% | 21.9% | ||
| Q1 25 | 14.2% | 25.6% | ||
| Q4 24 | — | 14.6% | ||
| Q3 24 | 0.2% | 20.2% | ||
| Q2 24 | 14.2% | 13.3% | ||
| Q1 24 | 13.5% | 19.0% |
| Q4 25 | $1.21 | $1.39 | ||
| Q3 25 | $3.96 | $2.88 | ||
| Q2 25 | $2.94 | $1.17 | ||
| Q1 25 | $2.78 | $1.35 | ||
| Q4 24 | $0.08 | $0.68 | ||
| Q3 24 | $0.05 | $1.05 | ||
| Q2 24 | $2.66 | $0.57 | ||
| Q1 24 | $2.70 | $0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | $209.7M |
| Total DebtLower is stronger | $4.3B | $1.2B |
| Stockholders' EquityBook value | $3.3B | $3.8B |
| Total Assets | $22.7B | $6.4B |
| Debt / EquityLower = less leverage | 1.29× | 0.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.6B | $209.7M | ||
| Q3 25 | $3.8B | $184.4M | ||
| Q2 25 | $3.8B | $199.3M | ||
| Q1 25 | $4.2B | $235.2M | ||
| Q4 24 | $4.0B | $196.3M | ||
| Q3 24 | $3.5B | $265.8M | ||
| Q2 24 | $4.1B | $247.7M | ||
| Q1 24 | $3.8B | $249.0M |
| Q4 25 | $4.3B | $1.2B | ||
| Q3 25 | $3.8B | $1.2B | ||
| Q2 25 | $4.2B | $1.2B | ||
| Q1 25 | $5.1B | $1.4B | ||
| Q4 24 | $5.6B | $1.0B | ||
| Q3 24 | $4.6B | $1.2B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $3.3B | $3.8B | ||
| Q3 25 | $3.3B | $3.8B | ||
| Q2 25 | $3.2B | $3.5B | ||
| Q1 25 | $3.1B | $3.4B | ||
| Q4 24 | $3.1B | $3.2B | ||
| Q3 24 | $3.1B | $3.2B | ||
| Q2 24 | $3.2B | $3.0B | ||
| Q1 24 | $3.0B | $2.9B |
| Q4 25 | $22.7B | $6.4B | ||
| Q3 25 | $21.7B | $6.6B | ||
| Q2 25 | $21.8B | $6.2B | ||
| Q1 25 | $22.4B | $6.2B | ||
| Q4 24 | $22.9B | $6.1B | ||
| Q3 24 | $21.7B | $6.4B | ||
| Q2 24 | $22.1B | $6.1B | ||
| Q1 24 | $22.3B | $6.2B |
| Q4 25 | 1.29× | 0.31× | ||
| Q3 25 | 1.14× | 0.31× | ||
| Q2 25 | 1.34× | 0.34× | ||
| Q1 25 | 1.67× | 0.40× | ||
| Q4 24 | 1.82× | 0.32× | ||
| Q3 24 | 1.47× | 0.38× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $568.0M | $269.7M |
| Free Cash FlowOCF − Capex | — | $267.4M |
| FCF MarginFCF / Revenue | — | 39.0% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 1.62× |
| TTM Free Cash FlowTrailing 4 quarters | — | $888.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $568.0M | $269.7M | ||
| Q3 25 | $605.0M | $104.0M | ||
| Q2 25 | $526.0M | $243.9M | ||
| Q1 25 | $393.0M | $281.3M | ||
| Q4 24 | $479.0M | $238.4M | ||
| Q3 24 | $456.0M | $98.1M | ||
| Q2 24 | $477.0M | $213.8M | ||
| Q1 24 | $447.0M | $250.7M |
| Q4 25 | — | $267.4M | ||
| Q3 25 | — | $100.5M | ||
| Q2 25 | — | $242.0M | ||
| Q1 25 | — | $278.5M | ||
| Q4 24 | — | $235.7M | ||
| Q3 24 | — | $93.6M | ||
| Q2 24 | — | $212.2M | ||
| Q1 24 | — | $247.1M |
| Q4 25 | — | 39.0% | ||
| Q3 25 | — | 11.2% | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | — | 41.7% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 40.9% | ||
| Q1 24 | — | 41.0% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | 1.62× | ||
| Q3 25 | 3.22× | 0.30× | ||
| Q2 25 | 3.78× | 1.73× | ||
| Q1 25 | 2.85× | 1.73× | ||
| Q4 24 | — | 2.90× | ||
| Q3 24 | 228.00× | 0.78× | ||
| Q2 24 | 3.59× | 3.10× | ||
| Q1 24 | 3.34× | 2.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFH
Segment breakdown not available.
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
