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

EnerSys is the larger business by last-quarter revenue ($919.1M vs $685.8M, roughly 1.3× PTC Inc.). PTC Inc. runs the higher net margin — 24.3% vs 9.8%, a 14.4% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs 1.4%). PTC Inc. produced more free cash flow last quarter ($267.4M vs $171.3M). Over the past eight quarters, PTC Inc.'s revenue compounded faster (6.6% CAGR vs 0.5%).

EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.

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.

ENS vs PTC — Head-to-Head

Bigger by revenue
ENS
ENS
1.3× larger
ENS
$919.1M
$685.8M
PTC
Growing faster (revenue YoY)
PTC
PTC
+19.9% gap
PTC
21.4%
1.4%
ENS
Higher net margin
PTC
PTC
14.4% more per $
PTC
24.3%
9.8%
ENS
More free cash flow
PTC
PTC
$96.1M more FCF
PTC
$267.4M
$171.3M
ENS
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
6.6%
0.5%
ENS

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
ENS
ENS
PTC
PTC
Revenue
$919.1M
$685.8M
Net Profit
$90.4M
$166.5M
Gross Margin
30.1%
82.8%
Operating Margin
13.5%
32.2%
Net Margin
9.8%
24.3%
Revenue YoY
1.4%
21.4%
Net Profit YoY
-21.3%
102.5%
EPS (diluted)
$2.40
$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
ENS
ENS
PTC
PTC
Q4 25
$919.1M
$685.8M
Q3 25
$951.3M
$893.8M
Q2 25
$893.0M
$643.9M
Q1 25
$974.8M
$636.4M
Q4 24
$906.2M
$565.1M
Q3 24
$883.7M
$626.5M
Q2 24
$852.9M
$518.6M
Q1 24
$910.7M
$603.1M
Net Profit
ENS
ENS
PTC
PTC
Q4 25
$90.4M
$166.5M
Q3 25
$68.4M
$347.8M
Q2 25
$57.5M
$141.3M
Q1 25
$96.5M
$162.6M
Q4 24
$114.8M
$82.2M
Q3 24
$82.3M
$126.5M
Q2 24
$70.1M
$69.0M
Q1 24
$60.9M
$114.4M
Gross Margin
ENS
ENS
PTC
PTC
Q4 25
30.1%
82.8%
Q3 25
29.1%
86.9%
Q2 25
28.4%
82.9%
Q1 25
31.2%
83.3%
Q4 24
32.9%
80.2%
Q3 24
28.5%
82.0%
Q2 24
27.9%
78.4%
Q1 24
27.9%
81.8%
Operating Margin
ENS
ENS
PTC
PTC
Q4 25
13.5%
32.2%
Q3 25
9.7%
48.5%
Q2 25
9.7%
32.6%
Q1 25
13.5%
35.1%
Q4 24
15.7%
20.4%
Q3 24
11.2%
31.0%
Q2 24
10.7%
18.5%
Q1 24
8.9%
29.8%
Net Margin
ENS
ENS
PTC
PTC
Q4 25
9.8%
24.3%
Q3 25
7.2%
38.9%
Q2 25
6.4%
21.9%
Q1 25
9.9%
25.6%
Q4 24
12.7%
14.6%
Q3 24
9.3%
20.2%
Q2 24
8.2%
13.3%
Q1 24
6.7%
19.0%
EPS (diluted)
ENS
ENS
PTC
PTC
Q4 25
$2.40
$1.39
Q3 25
$1.80
$2.88
Q2 25
$1.46
$1.17
Q1 25
$2.39
$1.35
Q4 24
$2.88
$0.68
Q3 24
$2.01
$1.05
Q2 24
$1.71
$0.57
Q1 24
$1.48
$0.95

Balance Sheet & Financial Strength

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

Metric
ENS
ENS
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$450.1M
$209.7M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.9B
$3.8B
Total Assets
$4.0B
$6.4B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENS
ENS
PTC
PTC
Q4 25
$450.1M
$209.7M
Q3 25
$388.6M
$184.4M
Q2 25
$346.7M
$199.3M
Q1 25
$343.1M
$235.2M
Q4 24
$463.2M
$196.3M
Q3 24
$407.9M
$265.8M
Q2 24
$344.1M
$247.7M
Q1 24
$333.3M
$249.0M
Total Debt
ENS
ENS
PTC
PTC
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
$1.4B
Q4 24
$1.0B
Q3 24
$1.2B
Q2 24
$1.3B
Q1 24
$802.0M
$1.5B
Stockholders' Equity
ENS
ENS
PTC
PTC
Q4 25
$1.9B
$3.8B
Q3 25
$1.9B
$3.8B
Q2 25
$1.9B
$3.5B
Q1 25
$1.9B
$3.4B
Q4 24
$1.8B
$3.2B
Q3 24
$1.8B
$3.2B
Q2 24
$1.8B
$3.0B
Q1 24
$1.8B
$2.9B
Total Assets
ENS
ENS
PTC
PTC
Q4 25
$4.0B
$6.4B
Q3 25
$4.1B
$6.6B
Q2 25
$4.1B
$6.2B
Q1 25
$4.0B
$6.2B
Q4 24
$4.0B
$6.1B
Q3 24
$4.0B
$6.4B
Q2 24
$3.6B
$6.1B
Q1 24
$3.5B
$6.2B
Debt / Equity
ENS
ENS
PTC
PTC
Q4 25
0.31×
Q3 25
0.31×
Q2 25
0.34×
Q1 25
0.57×
0.40×
Q4 24
0.32×
Q3 24
0.38×
Q2 24
0.43×
Q1 24
0.46×
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
ENS
ENS
PTC
PTC
Operating Cash FlowLast quarter
$184.6M
$269.7M
Free Cash FlowOCF − Capex
$171.3M
$267.4M
FCF MarginFCF / Revenue
18.6%
39.0%
Capex IntensityCapex / Revenue
1.4%
0.3%
Cash ConversionOCF / Net Profit
2.04×
1.62×
TTM Free Cash FlowTrailing 4 quarters
$441.3M
$888.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENS
ENS
PTC
PTC
Q4 25
$184.6M
$269.7M
Q3 25
$218.0M
$104.0M
Q2 25
$968.0K
$243.9M
Q1 25
$135.2M
$281.3M
Q4 24
$81.1M
$238.4M
Q3 24
$33.6M
$98.1M
Q2 24
$10.4M
$213.8M
Q1 24
$250.7M
Free Cash Flow
ENS
ENS
PTC
PTC
Q4 25
$171.3M
$267.4M
Q3 25
$197.1M
$100.5M
Q2 25
$-32.1M
$242.0M
Q1 25
$104.9M
$278.5M
Q4 24
$56.8M
$235.7M
Q3 24
$3.3M
$93.6M
Q2 24
$-25.7M
$212.2M
Q1 24
$247.1M
FCF Margin
ENS
ENS
PTC
PTC
Q4 25
18.6%
39.0%
Q3 25
20.7%
11.2%
Q2 25
-3.6%
37.6%
Q1 25
10.8%
43.8%
Q4 24
6.3%
41.7%
Q3 24
0.4%
14.9%
Q2 24
-3.0%
40.9%
Q1 24
41.0%
Capex Intensity
ENS
ENS
PTC
PTC
Q4 25
1.4%
0.3%
Q3 25
2.2%
0.4%
Q2 25
3.7%
0.3%
Q1 25
3.1%
0.4%
Q4 24
2.7%
0.5%
Q3 24
3.4%
0.7%
Q2 24
4.2%
0.3%
Q1 24
0.6%
Cash Conversion
ENS
ENS
PTC
PTC
Q4 25
2.04×
1.62×
Q3 25
3.19×
0.30×
Q2 25
0.02×
1.73×
Q1 25
1.40×
1.73×
Q4 24
0.71×
2.90×
Q3 24
0.41×
0.78×
Q2 24
0.15×
3.10×
Q1 24
2.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENS
ENS

Energy Systems$399.5M43%
Motive Power$352.0M38%
Services$92.6M10%
Transferred Over Time$38.2M4%
Other$36.8M4%

PTC
PTC

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

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