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

PTC Inc. is the larger business by last-quarter revenue ($685.8M vs $493.8M, roughly 1.4× Pediatrix Medical Group, Inc.). PTC Inc. runs the higher net margin — 24.3% vs 6.8%, a 17.5% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs -1.7%). Over the past eight quarters, PTC Inc.'s revenue compounded faster (6.6% CAGR vs -0.1%).

Pediatrix Medical Group, Inc. is a leading U.S. specialized medical service provider focusing on maternal-fetal care, neonatology, pediatric cardiology and other pediatric subspecialties. It partners with U.S. healthcare facilities to deliver evidence-based care to women, newborns and children.

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.

MD vs PTC — Head-to-Head

Bigger by revenue
PTC
PTC
1.4× larger
PTC
$685.8M
$493.8M
MD
Growing faster (revenue YoY)
PTC
PTC
+23.1% gap
PTC
21.4%
-1.7%
MD
Higher net margin
PTC
PTC
17.5% more per $
PTC
24.3%
6.8%
MD
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
6.6%
-0.1%
MD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MD
MD
PTC
PTC
Revenue
$493.8M
$685.8M
Net Profit
$33.7M
$166.5M
Gross Margin
82.8%
Operating Margin
9.9%
32.2%
Net Margin
6.8%
24.3%
Revenue YoY
-1.7%
21.4%
Net Profit YoY
10.5%
102.5%
EPS (diluted)
$0.40
$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
MD
MD
PTC
PTC
Q4 25
$493.8M
$685.8M
Q3 25
$492.9M
$893.8M
Q2 25
$468.8M
$643.9M
Q1 25
$458.4M
$636.4M
Q4 24
$502.4M
$565.1M
Q3 24
$511.2M
$626.5M
Q2 24
$504.3M
$518.6M
Q1 24
$495.1M
$603.1M
Net Profit
MD
MD
PTC
PTC
Q4 25
$33.7M
$166.5M
Q3 25
$71.7M
$347.8M
Q2 25
$39.3M
$141.3M
Q1 25
$20.7M
$162.6M
Q4 24
$30.5M
$82.2M
Q3 24
$19.4M
$126.5M
Q2 24
$-153.0M
$69.0M
Q1 24
$4.0M
$114.4M
Gross Margin
MD
MD
PTC
PTC
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%
Q1 24
81.8%
Operating Margin
MD
MD
PTC
PTC
Q4 25
9.9%
32.2%
Q3 25
13.8%
48.5%
Q2 25
12.8%
32.6%
Q1 25
7.0%
35.1%
Q4 24
7.8%
20.4%
Q3 24
6.6%
31.0%
Q2 24
-31.3%
18.5%
Q1 24
3.2%
29.8%
Net Margin
MD
MD
PTC
PTC
Q4 25
6.8%
24.3%
Q3 25
14.5%
38.9%
Q2 25
8.4%
21.9%
Q1 25
4.5%
25.6%
Q4 24
6.1%
14.6%
Q3 24
3.8%
20.2%
Q2 24
-30.3%
13.3%
Q1 24
0.8%
19.0%
EPS (diluted)
MD
MD
PTC
PTC
Q4 25
$0.40
$1.39
Q3 25
$0.84
$2.88
Q2 25
$0.46
$1.17
Q1 25
$0.24
$1.35
Q4 24
$0.37
$0.68
Q3 24
$0.23
$1.05
Q2 24
$-1.84
$0.57
Q1 24
$0.05
$0.95

Balance Sheet & Financial Strength

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

Metric
MD
MD
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$375.2M
$209.7M
Total DebtLower is stronger
$570.5M
$1.2B
Stockholders' EquityBook value
$865.9M
$3.8B
Total Assets
$2.2B
$6.4B
Debt / EquityLower = less leverage
0.66×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MD
MD
PTC
PTC
Q4 25
$375.2M
$209.7M
Q3 25
$340.1M
$184.4M
Q2 25
$224.7M
$199.3M
Q1 25
$99.0M
$235.2M
Q4 24
$229.9M
$196.3M
Q3 24
$103.8M
$265.8M
Q2 24
$19.4M
$247.7M
Q1 24
$8.0M
$249.0M
Total Debt
MD
MD
PTC
PTC
Q4 25
$570.5M
$1.2B
Q3 25
$577.2M
$1.2B
Q2 25
$583.9M
$1.2B
Q1 25
$590.5M
$1.4B
Q4 24
$597.1M
$1.0B
Q3 24
$1.2B
Q2 24
$1.3B
Q1 24
$1.5B
Stockholders' Equity
MD
MD
PTC
PTC
Q4 25
$865.9M
$3.8B
Q3 25
$890.7M
$3.8B
Q2 25
$833.8M
$3.5B
Q1 25
$789.2M
$3.4B
Q4 24
$764.9M
$3.2B
Q3 24
$732.5M
$3.2B
Q2 24
$706.5M
$3.0B
Q1 24
$856.2M
$2.9B
Total Assets
MD
MD
PTC
PTC
Q4 25
$2.2B
$6.4B
Q3 25
$2.2B
$6.6B
Q2 25
$2.1B
$6.2B
Q1 25
$2.0B
$6.2B
Q4 24
$2.2B
$6.1B
Q3 24
$2.1B
$6.4B
Q2 24
$2.0B
$6.1B
Q1 24
$2.2B
$6.2B
Debt / Equity
MD
MD
PTC
PTC
Q4 25
0.66×
0.31×
Q3 25
0.65×
0.31×
Q2 25
0.70×
0.34×
Q1 25
0.75×
0.40×
Q4 24
0.78×
0.32×
Q3 24
0.38×
Q2 24
0.43×
Q1 24
0.51×

Cash Flow & Capital Efficiency

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

Metric
MD
MD
PTC
PTC
Operating Cash FlowLast quarter
$114.1M
$269.7M
Free Cash FlowOCF − Capex
$267.4M
FCF MarginFCF / Revenue
39.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
3.39×
1.62×
TTM Free Cash FlowTrailing 4 quarters
$888.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MD
MD
PTC
PTC
Q4 25
$114.1M
$269.7M
Q3 25
$137.3M
$104.0M
Q2 25
$137.2M
$243.9M
Q1 25
$-117.5M
$281.3M
Q4 24
$133.0M
$238.4M
Q3 24
$91.8M
$98.1M
Q2 24
$107.0M
$213.8M
Q1 24
$-125.2M
$250.7M
Free Cash Flow
MD
MD
PTC
PTC
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
Q1 24
$247.1M
FCF Margin
MD
MD
PTC
PTC
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%
Q1 24
41.0%
Capex Intensity
MD
MD
PTC
PTC
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%
Q1 24
0.6%
Cash Conversion
MD
MD
PTC
PTC
Q4 25
3.39×
1.62×
Q3 25
1.91×
0.30×
Q2 25
3.49×
1.73×
Q1 25
-5.66×
1.73×
Q4 24
4.36×
2.90×
Q3 24
4.72×
0.78×
Q2 24
3.10×
Q1 24
-31.03×
2.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MD
MD

Health Care Patient Service$421.6M85%
Hospitals Contracts$70.0M14%
Other$2.2M0%

PTC
PTC

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

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