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

iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $685.8M, roughly 1.4× PTC Inc.).

iQIYI, formerly Qiyi, is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series.

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.

IQ vs PTC — Head-to-Head

Bigger by revenue
IQ
IQ
1.4× larger
IQ
$971.6M
$685.8M
PTC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IQ
IQ
PTC
PTC
Revenue
$971.6M
$685.8M
Net Profit
$166.5M
Gross Margin
82.8%
Operating Margin
0.8%
32.2%
Net Margin
24.3%
Revenue YoY
21.4%
Net Profit YoY
102.5%
EPS (diluted)
$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
IQ
IQ
PTC
PTC
Q1 26
$971.6M
Q4 25
$685.8M
Q3 25
$893.8M
Q2 25
$643.9M
Q1 25
$906.0M
$636.4M
Q4 24
$565.1M
Q3 24
$626.5M
Q2 24
$518.6M
Net Profit
IQ
IQ
PTC
PTC
Q1 26
Q4 25
$166.5M
Q3 25
$347.8M
Q2 25
$141.3M
Q1 25
$162.6M
Q4 24
$82.2M
Q3 24
$126.5M
Q2 24
$69.0M
Gross Margin
IQ
IQ
PTC
PTC
Q1 26
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
IQ
IQ
PTC
PTC
Q1 26
0.8%
Q4 25
32.2%
Q3 25
48.5%
Q2 25
32.6%
Q1 25
4.3%
35.1%
Q4 24
20.4%
Q3 24
31.0%
Q2 24
18.5%
Net Margin
IQ
IQ
PTC
PTC
Q1 26
Q4 25
24.3%
Q3 25
38.9%
Q2 25
21.9%
Q1 25
25.6%
Q4 24
14.6%
Q3 24
20.2%
Q2 24
13.3%
EPS (diluted)
IQ
IQ
PTC
PTC
Q1 26
Q4 25
$1.39
Q3 25
$2.88
Q2 25
$1.17
Q1 25
$1.35
Q4 24
$0.68
Q3 24
$1.05
Q2 24
$0.57

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$4.4M
$209.7M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$13.3M
$3.8B
Total Assets
$46.7M
$6.4B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
PTC
PTC
Q1 26
$4.4M
Q4 25
$209.7M
Q3 25
$184.4M
Q2 25
$199.3M
Q1 25
$3.5M
$235.2M
Q4 24
$196.3M
Q3 24
$265.8M
Q2 24
$247.7M
Total Debt
IQ
IQ
PTC
PTC
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.4B
Q4 24
$1.0B
Q3 24
$1.2B
Q2 24
$1.3B
Stockholders' Equity
IQ
IQ
PTC
PTC
Q1 26
$13.3M
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$3.5B
Q1 25
$13.4M
$3.4B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.0B
Total Assets
IQ
IQ
PTC
PTC
Q1 26
$46.7M
Q4 25
$6.4B
Q3 25
$6.6B
Q2 25
$6.2B
Q1 25
$45.8M
$6.2B
Q4 24
$6.1B
Q3 24
$6.4B
Q2 24
$6.1B
Debt / Equity
IQ
IQ
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
IQ
IQ
PTC
PTC
Operating Cash FlowLast quarter
$269.7M
Free Cash FlowOCF − Capex
$267.4M
FCF MarginFCF / Revenue
39.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$888.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
PTC
PTC
Q1 26
Q4 25
$269.7M
Q3 25
$104.0M
Q2 25
$243.9M
Q1 25
$281.3M
Q4 24
$238.4M
Q3 24
$98.1M
Q2 24
$213.8M
Free Cash Flow
IQ
IQ
PTC
PTC
Q1 26
Q4 25
$267.4M
Q3 25
$100.5M
Q2 25
$242.0M
Q1 25
$278.5M
Q4 24
$235.7M
Q3 24
$93.6M
Q2 24
$212.2M
FCF Margin
IQ
IQ
PTC
PTC
Q1 26
Q4 25
39.0%
Q3 25
11.2%
Q2 25
37.6%
Q1 25
43.8%
Q4 24
41.7%
Q3 24
14.9%
Q2 24
40.9%
Capex Intensity
IQ
IQ
PTC
PTC
Q1 26
Q4 25
0.3%
Q3 25
0.4%
Q2 25
0.3%
Q1 25
0.4%
Q4 24
0.5%
Q3 24
0.7%
Q2 24
0.3%
Cash Conversion
IQ
IQ
PTC
PTC
Q1 26
Q4 25
1.62×
Q3 25
0.30×
Q2 25
1.73×
Q1 25
1.73×
Q4 24
2.90×
Q3 24
0.78×
Q2 24
3.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

PTC
PTC

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

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