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

FMC CORP is the larger business by last-quarter revenue ($759.0M vs $685.8M, roughly 1.1× PTC Inc.). PTC Inc. runs the higher net margin — 24.3% vs -37.0%, a 61.3% 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 $-628.1M). Over the past eight quarters, PTC Inc.'s revenue compounded faster (6.6% CAGR vs -14.5%).

FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries. In 1941 at the beginning of US involvement in WWII, the company received a contract to design and build amphibious tracked landing vehicles for the United States Department of War, and afterwards the company continued to diversify its products. FMC employs 7,000 people worldwide, and had gros...

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.

FMC vs PTC — Head-to-Head

Bigger by revenue
FMC
FMC
1.1× larger
FMC
$759.0M
$685.8M
PTC
Growing faster (revenue YoY)
PTC
PTC
+25.4% gap
PTC
21.4%
-4.0%
FMC
Higher net margin
PTC
PTC
61.3% more per $
PTC
24.3%
-37.0%
FMC
More free cash flow
PTC
PTC
$895.5M more FCF
PTC
$267.4M
$-628.1M
FMC
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
6.6%
-14.5%
FMC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FMC
FMC
PTC
PTC
Revenue
$759.0M
$685.8M
Net Profit
$-281.2M
$166.5M
Gross Margin
82.8%
Operating Margin
-10.6%
32.2%
Net Margin
-37.0%
24.3%
Revenue YoY
-4.0%
21.4%
Net Profit YoY
102.5%
EPS (diluted)
$-2.25
$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
FMC
FMC
PTC
PTC
Q1 26
$759.0M
Q4 25
$1.1B
$685.8M
Q3 25
$542.2M
$893.8M
Q2 25
$1.1B
$643.9M
Q1 25
$791.4M
$636.4M
Q4 24
$1.2B
$565.1M
Q3 24
$1.1B
$626.5M
Q2 24
$1.0B
$518.6M
Net Profit
FMC
FMC
PTC
PTC
Q1 26
$-281.2M
Q4 25
$-1.7B
$166.5M
Q3 25
$-569.3M
$347.8M
Q2 25
$66.7M
$141.3M
Q1 25
$-15.5M
$162.6M
Q4 24
$-16.3M
$82.2M
Q3 24
$65.0M
$126.5M
Q2 24
$295.1M
$69.0M
Gross Margin
FMC
FMC
PTC
PTC
Q1 26
Q4 25
39.8%
82.8%
Q3 25
23.8%
86.9%
Q2 25
38.7%
82.9%
Q1 25
40.0%
83.3%
Q4 24
42.9%
80.2%
Q3 24
36.3%
82.0%
Q2 24
38.3%
78.4%
Operating Margin
FMC
FMC
PTC
PTC
Q1 26
-10.6%
Q4 25
-130.8%
32.2%
Q3 25
-73.1%
48.5%
Q2 25
12.0%
32.6%
Q1 25
7.4%
35.1%
Q4 24
19.2%
20.4%
Q3 24
12.7%
31.0%
Q2 24
6.0%
18.5%
Net Margin
FMC
FMC
PTC
PTC
Q1 26
-37.0%
Q4 25
-158.8%
24.3%
Q3 25
-105.0%
38.9%
Q2 25
6.3%
21.9%
Q1 25
-2.0%
25.6%
Q4 24
-1.3%
14.6%
Q3 24
6.1%
20.2%
Q2 24
28.4%
13.3%
EPS (diluted)
FMC
FMC
PTC
PTC
Q1 26
$-2.25
Q4 25
$-13.77
$1.39
Q3 25
$-4.52
$2.88
Q2 25
$0.53
$1.17
Q1 25
$-0.12
$1.35
Q4 24
$-0.13
$0.68
Q3 24
$0.52
$1.05
Q2 24
$2.35
$0.57

Balance Sheet & Financial Strength

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

Metric
FMC
FMC
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$390.9M
$209.7M
Total DebtLower is stronger
$2.8B
$1.2B
Stockholders' EquityBook value
$1.8B
$3.8B
Total Assets
$9.4B
$6.4B
Debt / EquityLower = less leverage
1.50×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMC
FMC
PTC
PTC
Q1 26
$390.9M
Q4 25
$584.5M
$209.7M
Q3 25
$497.7M
$184.4M
Q2 25
$438.2M
$199.3M
Q1 25
$315.3M
$235.2M
Q4 24
$357.3M
$196.3M
Q3 24
$416.7M
$265.8M
Q2 24
$471.5M
$247.7M
Total Debt
FMC
FMC
PTC
PTC
Q1 26
$2.8B
Q4 25
$3.4B
$1.2B
Q3 25
$3.4B
$1.2B
Q2 25
$3.4B
$1.2B
Q1 25
$3.1B
$1.4B
Q4 24
$3.1B
$1.0B
Q3 24
$3.1B
$1.2B
Q2 24
$3.1B
$1.3B
Stockholders' Equity
FMC
FMC
PTC
PTC
Q1 26
$1.8B
Q4 25
$2.1B
$3.8B
Q3 25
$3.8B
$3.8B
Q2 25
$4.4B
$3.5B
Q1 25
$4.4B
$3.4B
Q4 24
$4.5B
$3.2B
Q3 24
$4.6B
$3.2B
Q2 24
$4.6B
$3.0B
Total Assets
FMC
FMC
PTC
PTC
Q1 26
$9.4B
Q4 25
$9.7B
$6.4B
Q3 25
$12.1B
$6.6B
Q2 25
$12.3B
$6.2B
Q1 25
$11.8B
$6.2B
Q4 24
$11.7B
$6.1B
Q3 24
$12.2B
$6.4B
Q2 24
$12.1B
$6.1B
Debt / Equity
FMC
FMC
PTC
PTC
Q1 26
1.50×
Q4 25
1.62×
0.31×
Q3 25
0.89×
0.31×
Q2 25
0.76×
0.34×
Q1 25
0.71×
0.40×
Q4 24
0.69×
0.32×
Q3 24
0.68×
0.38×
Q2 24
0.68×
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
FMC
FMC
PTC
PTC
Operating Cash FlowLast quarter
$269.7M
Free Cash FlowOCF − Capex
$-628.1M
$267.4M
FCF MarginFCF / Revenue
-82.8%
39.0%
Capex IntensityCapex / Revenue
2.2%
0.3%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$-154.0M
$888.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMC
FMC
PTC
PTC
Q1 26
Q4 25
$657.1M
$269.7M
Q3 25
$-184.2M
$104.0M
Q2 25
$65.9M
$243.9M
Q1 25
$-545.0M
$281.3M
Q4 24
$427.9M
$238.4M
Q3 24
$159.5M
$98.1M
Q2 24
$292.2M
$213.8M
Free Cash Flow
FMC
FMC
PTC
PTC
Q1 26
$-628.1M
Q4 25
$631.1M
$267.4M
Q3 25
$-207.9M
$100.5M
Q2 25
$50.9M
$242.0M
Q1 25
$-576.6M
$278.5M
Q4 24
$406.3M
$235.7M
Q3 24
$143.8M
$93.6M
Q2 24
$282.3M
$212.2M
FCF Margin
FMC
FMC
PTC
PTC
Q1 26
-82.8%
Q4 25
58.3%
39.0%
Q3 25
-38.3%
11.2%
Q2 25
4.8%
37.6%
Q1 25
-72.9%
43.8%
Q4 24
33.2%
41.7%
Q3 24
13.5%
14.9%
Q2 24
27.2%
40.9%
Capex Intensity
FMC
FMC
PTC
PTC
Q1 26
2.2%
Q4 25
2.4%
0.3%
Q3 25
4.4%
0.4%
Q2 25
1.4%
0.3%
Q1 25
4.0%
0.4%
Q4 24
1.8%
0.5%
Q3 24
1.5%
0.7%
Q2 24
1.0%
0.3%
Cash Conversion
FMC
FMC
PTC
PTC
Q1 26
Q4 25
1.62×
Q3 25
0.30×
Q2 25
0.99×
1.73×
Q1 25
1.73×
Q4 24
2.90×
Q3 24
2.45×
0.78×
Q2 24
0.99×
3.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMC
FMC

EMEA$307.0M40%
North America$198.0M26%
Latin America$177.0M23%
Asia (excluding 2026 India) 1$81.0M11%

PTC
PTC

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

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