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

HERBALIFE LTD. is the larger business by last-quarter revenue ($1.2B vs $774.3M, roughly 1.6× PTC Inc.). PTC Inc. runs the higher net margin — 76.3% vs 5.0%, a 71.3% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.7% vs 7.8%). Over the past eight quarters, PTC Inc.'s revenue compounded faster (22.2% CAGR vs -2.3%).

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

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.

HLF vs PTC — Head-to-Head

Bigger by revenue
HLF
HLF
1.6× larger
HLF
$1.2B
$774.3M
PTC
Growing faster (revenue YoY)
PTC
PTC
+13.9% gap
PTC
21.7%
7.8%
HLF
Higher net margin
PTC
PTC
71.3% more per $
PTC
76.3%
5.0%
HLF
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
22.2%
-2.3%
HLF

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
HLF
HLF
PTC
PTC
Revenue
$1.2B
$774.3M
Net Profit
$61.2M
$590.7M
Gross Margin
84.0%
99.1%
Operating Margin
11.3%
38.2%
Net Margin
5.0%
76.3%
Revenue YoY
7.8%
21.7%
Net Profit YoY
21.4%
141.2%
EPS (diluted)
$0.57
$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
HLF
HLF
PTC
PTC
Q1 26
$1.2B
$774.3M
Q4 25
$1.3B
$685.8M
Q3 25
$1.3B
$893.8M
Q2 25
$1.3B
$643.9M
Q1 25
$1.2B
$636.4M
Q4 24
$1.2B
$565.1M
Q3 24
$1.2B
$626.5M
Q2 24
$1.3B
$518.6M
Net Profit
HLF
HLF
PTC
PTC
Q1 26
$61.2M
$590.7M
Q4 25
$85.4M
$166.5M
Q3 25
$43.2M
$347.8M
Q2 25
$49.3M
$141.3M
Q1 25
$50.4M
$162.6M
Q4 24
$177.9M
$82.2M
Q3 24
$47.4M
$126.5M
Q2 24
$4.7M
$69.0M
Gross Margin
HLF
HLF
PTC
PTC
Q1 26
84.0%
99.1%
Q4 25
77.5%
82.8%
Q3 25
77.7%
86.9%
Q2 25
78.0%
82.9%
Q1 25
78.3%
83.3%
Q4 24
77.8%
80.2%
Q3 24
78.3%
82.0%
Q2 24
77.9%
78.4%
Operating Margin
HLF
HLF
PTC
PTC
Q1 26
11.3%
38.2%
Q4 25
7.8%
32.2%
Q3 25
9.9%
48.5%
Q2 25
10.5%
32.6%
Q1 25
10.1%
35.1%
Q4 24
8.8%
20.4%
Q3 24
10.2%
31.0%
Q2 24
6.3%
18.5%
Net Margin
HLF
HLF
PTC
PTC
Q1 26
5.0%
76.3%
Q4 25
6.7%
24.3%
Q3 25
3.4%
38.9%
Q2 25
3.9%
21.9%
Q1 25
4.1%
25.6%
Q4 24
14.7%
14.6%
Q3 24
3.8%
20.2%
Q2 24
0.4%
13.3%
EPS (diluted)
HLF
HLF
PTC
PTC
Q1 26
$0.57
$4.98
Q4 25
$0.81
$1.39
Q3 25
$0.42
$2.88
Q2 25
$0.48
$1.17
Q1 25
$0.49
$1.35
Q4 24
$1.75
$0.68
Q3 24
$0.46
$1.05
Q2 24
$0.05
$0.57

Balance Sheet & Financial Strength

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

Metric
HLF
HLF
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$451.2M
$439.1M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$3.9B
Total Assets
$2.9B
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLF
HLF
PTC
PTC
Q1 26
$451.2M
$439.1M
Q4 25
$353.1M
$209.7M
Q3 25
$305.5M
$184.4M
Q2 25
$320.9M
$199.3M
Q1 25
$329.4M
$235.2M
Q4 24
$415.3M
$196.3M
Q3 24
$402.5M
$265.8M
Q2 24
$374.0M
$247.7M
Total Debt
HLF
HLF
PTC
PTC
Q1 26
$2.0B
Q4 25
$2.0B
$1.2B
Q3 25
$2.0B
$1.2B
Q2 25
$2.1B
$1.2B
Q1 25
$2.2B
$1.4B
Q4 24
$2.3B
$1.0B
Q3 24
$2.3B
$1.2B
Q2 24
$2.3B
$1.3B
Stockholders' Equity
HLF
HLF
PTC
PTC
Q1 26
$3.9B
Q4 25
$-515.1M
$3.8B
Q3 25
$-612.0M
$3.8B
Q2 25
$-660.5M
$3.5B
Q1 25
$-736.0M
$3.4B
Q4 24
$-801.1M
$3.2B
Q3 24
$-954.2M
$3.2B
Q2 24
$-1.0B
$3.0B
Total Assets
HLF
HLF
PTC
PTC
Q1 26
$2.9B
$6.5B
Q4 25
$2.8B
$6.4B
Q3 25
$2.7B
$6.6B
Q2 25
$2.7B
$6.2B
Q1 25
$2.7B
$6.2B
Q4 24
$2.7B
$6.1B
Q3 24
$2.7B
$6.4B
Q2 24
$2.6B
$6.1B
Debt / Equity
HLF
HLF
PTC
PTC
Q1 26
Q4 25
0.31×
Q3 25
0.31×
Q2 25
0.34×
Q1 25
0.40×
Q4 24
0.32×
Q3 24
0.38×
Q2 24
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
HLF
HLF
PTC
PTC
Operating Cash FlowLast quarter
$113.8M
$320.9M
Free Cash FlowOCF − Capex
$318.0M
FCF MarginFCF / Revenue
41.1%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.86×
0.54×
TTM Free Cash FlowTrailing 4 quarters
$927.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLF
HLF
PTC
PTC
Q1 26
$113.8M
$320.9M
Q4 25
$98.3M
$269.7M
Q3 25
$138.8M
$104.0M
Q2 25
$96.0M
$243.9M
Q1 25
$200.0K
$281.3M
Q4 24
$69.6M
$238.4M
Q3 24
$99.5M
$98.1M
Q2 24
$102.5M
$213.8M
Free Cash Flow
HLF
HLF
PTC
PTC
Q1 26
$318.0M
Q4 25
$79.8M
$267.4M
Q3 25
$118.0M
$100.5M
Q2 25
$73.2M
$242.0M
Q1 25
$-18.1M
$278.5M
Q4 24
$43.9M
$235.7M
Q3 24
$72.4M
$93.6M
Q2 24
$66.2M
$212.2M
FCF Margin
HLF
HLF
PTC
PTC
Q1 26
41.1%
Q4 25
6.2%
39.0%
Q3 25
9.3%
11.2%
Q2 25
5.8%
37.6%
Q1 25
-1.5%
43.8%
Q4 24
3.6%
41.7%
Q3 24
5.8%
14.9%
Q2 24
5.2%
40.9%
Capex Intensity
HLF
HLF
PTC
PTC
Q1 26
Q4 25
1.4%
0.3%
Q3 25
1.6%
0.4%
Q2 25
1.8%
0.3%
Q1 25
1.5%
0.4%
Q4 24
2.1%
0.5%
Q3 24
2.2%
0.7%
Q2 24
2.8%
0.3%
Cash Conversion
HLF
HLF
PTC
PTC
Q1 26
1.86×
0.54×
Q4 25
1.15×
1.62×
Q3 25
3.21×
0.30×
Q2 25
1.95×
1.73×
Q1 25
0.00×
1.73×
Q4 24
0.39×
2.90×
Q3 24
2.10×
0.78×
Q2 24
21.81×
3.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLF
HLF

Segment breakdown not available.

PTC
PTC

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

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