vs

Side-by-side financial comparison of ICF International, Inc. (ICFI) and PTC Inc. (PTC). Click either name above to swap in a different company.

PTC Inc. is the larger business by last-quarter revenue ($774.3M vs $437.5M, roughly 1.8× ICF International, Inc.). PTC Inc. runs the higher net margin — 76.3% vs 4.7%, a 71.6% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.7% vs -10.3%). Over the past eight quarters, PTC Inc.'s revenue compounded faster (22.2% CAGR vs -7.6%).

ICF International, Inc. is an American publicly traded consulting and technology services company based in Reston, Virginia.

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.

ICFI vs PTC — Head-to-Head

Bigger by revenue
PTC
PTC
1.8× larger
PTC
$774.3M
$437.5M
ICFI
Growing faster (revenue YoY)
PTC
PTC
+32.0% gap
PTC
21.7%
-10.3%
ICFI
Higher net margin
PTC
PTC
71.6% more per $
PTC
76.3%
4.7%
ICFI
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
22.2%
-7.6%
ICFI

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
ICFI
ICFI
PTC
PTC
Revenue
$437.5M
$774.3M
Net Profit
$20.5M
$590.7M
Gross Margin
99.1%
Operating Margin
8.0%
38.2%
Net Margin
4.7%
76.3%
Revenue YoY
-10.3%
21.7%
Net Profit YoY
-23.6%
141.2%
EPS (diluted)
$1.12
$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
ICFI
ICFI
PTC
PTC
Q1 26
$437.5M
$774.3M
Q4 25
$443.7M
$685.8M
Q3 25
$465.4M
$893.8M
Q2 25
$476.2M
$643.9M
Q1 25
$487.6M
$636.4M
Q4 24
$496.3M
$565.1M
Q3 24
$517.0M
$626.5M
Q2 24
$512.0M
$518.6M
Net Profit
ICFI
ICFI
PTC
PTC
Q1 26
$20.5M
$590.7M
Q4 25
$17.3M
$166.5M
Q3 25
$23.8M
$347.8M
Q2 25
$23.7M
$141.3M
Q1 25
$26.9M
$162.6M
Q4 24
$24.6M
$82.2M
Q3 24
$32.7M
$126.5M
Q2 24
$25.6M
$69.0M
Gross Margin
ICFI
ICFI
PTC
PTC
Q1 26
99.1%
Q4 25
35.7%
82.8%
Q3 25
37.6%
86.9%
Q2 25
37.3%
82.9%
Q1 25
38.0%
83.3%
Q4 24
36.1%
80.2%
Q3 24
37.1%
82.0%
Q2 24
35.7%
78.4%
Operating Margin
ICFI
ICFI
PTC
PTC
Q1 26
8.0%
38.2%
Q4 25
6.5%
32.2%
Q3 25
8.3%
48.5%
Q2 25
8.4%
32.6%
Q1 25
7.9%
35.1%
Q4 24
7.3%
20.4%
Q3 24
8.9%
31.0%
Q2 24
8.3%
18.5%
Net Margin
ICFI
ICFI
PTC
PTC
Q1 26
4.7%
76.3%
Q4 25
3.9%
24.3%
Q3 25
5.1%
38.9%
Q2 25
5.0%
21.9%
Q1 25
5.5%
25.6%
Q4 24
4.9%
14.6%
Q3 24
6.3%
20.2%
Q2 24
5.0%
13.3%
EPS (diluted)
ICFI
ICFI
PTC
PTC
Q1 26
$1.12
$4.98
Q4 25
$0.95
$1.39
Q3 25
$1.28
$2.88
Q2 25
$1.28
$1.17
Q1 25
$1.44
$1.35
Q4 24
$1.29
$0.68
Q3 24
$1.73
$1.05
Q2 24
$1.36
$0.57

Balance Sheet & Financial Strength

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

Metric
ICFI
ICFI
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$3.9M
$439.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.9B
Total Assets
$2.1B
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ICFI
ICFI
PTC
PTC
Q1 26
$3.9M
$439.1M
Q4 25
$5.3M
$209.7M
Q3 25
$4.0M
$184.4M
Q2 25
$7.0M
$199.3M
Q1 25
$5.7M
$235.2M
Q4 24
$5.0M
$196.3M
Q3 24
$6.9M
$265.8M
Q2 24
$4.1M
$247.7M
Total Debt
ICFI
ICFI
PTC
PTC
Q1 26
Q4 25
$401.4M
$1.2B
Q3 25
$449.4M
$1.2B
Q2 25
$462.3M
$1.2B
Q1 25
$502.0M
$1.4B
Q4 24
$411.7M
$1.0B
Q3 24
$419.1M
$1.2B
Q2 24
$433.9M
$1.3B
Stockholders' Equity
ICFI
ICFI
PTC
PTC
Q1 26
$3.9B
Q4 25
$1.0B
$3.8B
Q3 25
$1.0B
$3.8B
Q2 25
$1.0B
$3.5B
Q1 25
$968.9M
$3.4B
Q4 24
$982.5M
$3.2B
Q3 24
$976.3M
$3.2B
Q2 24
$943.3M
$3.0B
Total Assets
ICFI
ICFI
PTC
PTC
Q1 26
$2.1B
$6.5B
Q4 25
$2.1B
$6.4B
Q3 25
$2.1B
$6.6B
Q2 25
$2.1B
$6.2B
Q1 25
$2.1B
$6.2B
Q4 24
$2.1B
$6.1B
Q3 24
$2.0B
$6.4B
Q2 24
$2.0B
$6.1B
Debt / Equity
ICFI
ICFI
PTC
PTC
Q1 26
Q4 25
0.39×
0.31×
Q3 25
0.44×
0.31×
Q2 25
0.46×
0.34×
Q1 25
0.52×
0.40×
Q4 24
0.42×
0.32×
Q3 24
0.43×
0.38×
Q2 24
0.46×
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
ICFI
ICFI
PTC
PTC
Operating Cash FlowLast quarter
$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
ICFI
ICFI
PTC
PTC
Q1 26
$320.9M
Q4 25
$75.6M
$269.7M
Q3 25
$47.3M
$104.0M
Q2 25
$52.0M
$243.9M
Q1 25
$-33.0M
$281.3M
Q4 24
$95.4M
$238.4M
Q3 24
$25.5M
$98.1M
Q2 24
$60.6M
$213.8M
Free Cash Flow
ICFI
ICFI
PTC
PTC
Q1 26
$318.0M
Q4 25
$68.7M
$267.4M
Q3 25
$41.8M
$100.5M
Q2 25
$46.2M
$242.0M
Q1 25
$-36.5M
$278.5M
Q4 24
$89.5M
$235.7M
Q3 24
$20.4M
$93.6M
Q2 24
$55.5M
$212.2M
FCF Margin
ICFI
ICFI
PTC
PTC
Q1 26
41.1%
Q4 25
15.5%
39.0%
Q3 25
9.0%
11.2%
Q2 25
9.7%
37.6%
Q1 25
-7.5%
43.8%
Q4 24
18.0%
41.7%
Q3 24
3.9%
14.9%
Q2 24
10.8%
40.9%
Capex Intensity
ICFI
ICFI
PTC
PTC
Q1 26
Q4 25
1.6%
0.3%
Q3 25
1.2%
0.4%
Q2 25
1.2%
0.3%
Q1 25
0.7%
0.4%
Q4 24
1.2%
0.5%
Q3 24
1.0%
0.7%
Q2 24
1.0%
0.3%
Cash Conversion
ICFI
ICFI
PTC
PTC
Q1 26
0.54×
Q4 25
4.37×
1.62×
Q3 25
1.99×
0.30×
Q2 25
2.20×
1.73×
Q1 25
-1.23×
1.73×
Q4 24
3.88×
2.90×
Q3 24
0.78×
0.78×
Q2 24
2.37×
3.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ICFI
ICFI

Segment breakdown not available.

PTC
PTC

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

Related Comparisons