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Side-by-side financial comparison of FLOWERS FOODS INC (FLO) and PTC Inc. (PTC). Click either name above to swap in a different company.

FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $774.3M, roughly 1.6× PTC Inc.). On growth, PTC Inc. posted the faster year-over-year revenue change (21.7% vs 11.0%). Over the past eight quarters, PTC Inc.'s revenue compounded faster (22.2% CAGR vs -11.6%).

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."

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.

FLO vs PTC — Head-to-Head

Bigger by revenue
FLO
FLO
1.6× larger
FLO
$1.2B
$774.3M
PTC
Growing faster (revenue YoY)
PTC
PTC
+10.7% gap
PTC
21.7%
11.0%
FLO
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
22.2%
-11.6%
FLO

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
FLO
FLO
PTC
PTC
Revenue
$1.2B
$774.3M
Net Profit
$590.7M
Gross Margin
99.1%
Operating Margin
38.2%
Net Margin
76.3%
Revenue YoY
11.0%
21.7%
Net Profit YoY
141.2%
EPS (diluted)
$4.98

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
FLO
FLO
PTC
PTC
Q1 26
$774.3M
Q4 25
$1.2B
$685.8M
Q3 25
$1.2B
$893.8M
Q2 25
$1.6B
$643.9M
Q1 25
$636.4M
Q4 24
$1.2B
$565.1M
Q3 24
$1.2B
$626.5M
Q2 24
$1.6B
$518.6M
Net Profit
FLO
FLO
PTC
PTC
Q1 26
$590.7M
Q4 25
$39.5M
$166.5M
Q3 25
$58.4M
$347.8M
Q2 25
$53.0M
$141.3M
Q1 25
$162.6M
Q4 24
$65.0M
$82.2M
Q3 24
$67.0M
$126.5M
Q2 24
$73.0M
$69.0M
Gross Margin
FLO
FLO
PTC
PTC
Q1 26
99.1%
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%
Operating Margin
FLO
FLO
PTC
PTC
Q1 26
38.2%
Q4 25
5.4%
32.2%
Q3 25
7.5%
48.5%
Q2 25
5.5%
32.6%
Q1 25
35.1%
Q4 24
7.6%
20.4%
Q3 24
7.8%
31.0%
Q2 24
6.4%
18.5%
Net Margin
FLO
FLO
PTC
PTC
Q1 26
76.3%
Q4 25
3.2%
24.3%
Q3 25
4.7%
38.9%
Q2 25
3.4%
21.9%
Q1 25
25.6%
Q4 24
5.5%
14.6%
Q3 24
5.5%
20.2%
Q2 24
4.6%
13.3%
EPS (diluted)
FLO
FLO
PTC
PTC
Q1 26
$4.98
Q4 25
$0.19
$1.39
Q3 25
$0.28
$2.88
Q2 25
$0.25
$1.17
Q1 25
$1.35
Q4 24
$0.31
$0.68
Q3 24
$0.32
$1.05
Q2 24
$0.34
$0.57

Balance Sheet & Financial Strength

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

Metric
FLO
FLO
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$12.1M
$439.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.9B
Total Assets
$4.2B
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLO
FLO
PTC
PTC
Q1 26
$439.1M
Q4 25
$16.7M
$209.7M
Q3 25
$11.0M
$184.4M
Q2 25
$7.3M
$199.3M
Q1 25
$235.2M
Q4 24
$15.0M
$196.3M
Q3 24
$6.9M
$265.8M
Q2 24
$15.8M
$247.7M
Total Debt
FLO
FLO
PTC
PTC
Q1 26
Q4 25
$1.8B
$1.2B
Q3 25
$1.7B
$1.2B
Q2 25
$1.8B
$1.2B
Q1 25
$1.4B
Q4 24
$1.1B
$1.0B
Q3 24
$1.1B
$1.2B
Q2 24
$1.0B
$1.3B
Stockholders' Equity
FLO
FLO
PTC
PTC
Q1 26
$3.9B
Q4 25
$1.4B
$3.8B
Q3 25
$1.4B
$3.8B
Q2 25
$1.4B
$3.5B
Q1 25
$3.4B
Q4 24
$1.4B
$3.2B
Q3 24
$1.4B
$3.2B
Q2 24
$1.4B
$3.0B
Total Assets
FLO
FLO
PTC
PTC
Q1 26
$6.5B
Q4 25
$4.3B
$6.4B
Q3 25
$4.3B
$6.6B
Q2 25
$4.3B
$6.2B
Q1 25
$6.2B
Q4 24
$3.4B
$6.1B
Q3 24
$3.4B
$6.4B
Q2 24
$3.4B
$6.1B
Debt / Equity
FLO
FLO
PTC
PTC
Q1 26
Q4 25
1.25×
0.31×
Q3 25
1.23×
0.31×
Q2 25
1.26×
0.34×
Q1 25
0.40×
Q4 24
0.75×
0.32×
Q3 24
0.77×
0.38×
Q2 24
0.76×
0.43×

Cash Flow & Capital Efficiency

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

Metric
FLO
FLO
PTC
PTC
Operating Cash FlowLast quarter
$125.4M
$320.9M
Free Cash FlowOCF − Capex
$318.0M
FCF MarginFCF / Revenue
41.1%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.54×
TTM Free Cash FlowTrailing 4 quarters
$927.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLO
FLO
PTC
PTC
Q1 26
$320.9M
Q4 25
$54.4M
$269.7M
Q3 25
$130.8M
$104.0M
Q2 25
$135.6M
$243.9M
Q1 25
$281.3M
Q4 24
$113.9M
$238.4M
Q3 24
$63.3M
$98.1M
Q2 24
$105.1M
$213.8M
Free Cash Flow
FLO
FLO
PTC
PTC
Q1 26
$318.0M
Q4 25
$30.4M
$267.4M
Q3 25
$100.0M
$100.5M
Q2 25
$110.1M
$242.0M
Q1 25
$278.5M
Q4 24
$88.6M
$235.7M
Q3 24
$35.4M
$93.6M
Q2 24
$71.8M
$212.2M
FCF Margin
FLO
FLO
PTC
PTC
Q1 26
41.1%
Q4 25
2.5%
39.0%
Q3 25
8.0%
11.2%
Q2 25
7.1%
37.6%
Q1 25
43.8%
Q4 24
7.4%
41.7%
Q3 24
2.9%
14.9%
Q2 24
4.6%
40.9%
Capex Intensity
FLO
FLO
PTC
PTC
Q1 26
Q4 25
2.0%
0.3%
Q3 25
2.5%
0.4%
Q2 25
1.6%
0.3%
Q1 25
0.4%
Q4 24
2.1%
0.5%
Q3 24
2.3%
0.7%
Q2 24
2.1%
0.3%
Cash Conversion
FLO
FLO
PTC
PTC
Q1 26
0.54×
Q4 25
1.38×
1.62×
Q3 25
2.24×
0.30×
Q2 25
2.56×
1.73×
Q1 25
1.73×
Q4 24
1.75×
2.90×
Q3 24
0.94×
0.78×
Q2 24
1.44×
3.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLO
FLO

Segment breakdown not available.

PTC
PTC

Recurring revenue$743.4M96%
Other$24.0M3%
Perpetual license$6.9M1%

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