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

PTC Inc. is the larger business by last-quarter revenue ($685.8M vs $425.8M, roughly 1.6× UDR, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 24.3%, a 20.3% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs 0.9%). Over the past eight quarters, PTC Inc.'s revenue compounded faster (6.6% CAGR vs 1.3%).

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.

UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.

PTC vs UDR — Head-to-Head

Bigger by revenue
PTC
PTC
1.6× larger
PTC
$685.8M
$425.8M
UDR
Growing faster (revenue YoY)
PTC
PTC
+20.4% gap
PTC
21.4%
0.9%
UDR
Higher net margin
UDR
UDR
20.3% more per $
UDR
44.6%
24.3%
PTC
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
6.6%
1.3%
UDR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PTC
PTC
UDR
UDR
Revenue
$685.8M
$425.8M
Net Profit
$166.5M
$189.8M
Gross Margin
82.8%
Operating Margin
32.2%
54.0%
Net Margin
24.3%
44.6%
Revenue YoY
21.4%
0.9%
Net Profit YoY
102.5%
147.2%
EPS (diluted)
$1.39
$0.63

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
PTC
PTC
UDR
UDR
Q1 26
$425.8M
Q4 25
$685.8M
$433.1M
Q3 25
$893.8M
$431.9M
Q2 25
$643.9M
$425.4M
Q1 25
$636.4M
$421.9M
Q4 24
$565.1M
$422.7M
Q3 24
$626.5M
$420.2M
Q2 24
$518.6M
$415.3M
Net Profit
PTC
PTC
UDR
UDR
Q1 26
$189.8M
Q4 25
$166.5M
$222.9M
Q3 25
$347.8M
$40.4M
Q2 25
$141.3M
$37.7M
Q1 25
$162.6M
$76.7M
Q4 24
$82.2M
$-5.0M
Q3 24
$126.5M
$22.6M
Q2 24
$69.0M
$28.9M
Gross Margin
PTC
PTC
UDR
UDR
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
PTC
PTC
UDR
UDR
Q1 26
54.0%
Q4 25
32.2%
64.1%
Q3 25
48.5%
17.7%
Q2 25
32.6%
18.2%
Q1 25
35.1%
29.0%
Q4 24
20.4%
15.7%
Q3 24
31.0%
16.6%
Q2 24
18.5%
16.5%
Net Margin
PTC
PTC
UDR
UDR
Q1 26
44.6%
Q4 25
24.3%
51.5%
Q3 25
38.9%
9.4%
Q2 25
21.9%
8.9%
Q1 25
25.6%
18.2%
Q4 24
14.6%
-220.5%
Q3 24
20.2%
5.4%
Q2 24
13.3%
7.0%
EPS (diluted)
PTC
PTC
UDR
UDR
Q1 26
$0.63
Q4 25
$1.39
$0.67
Q3 25
$2.88
$0.12
Q2 25
$1.17
$0.11
Q1 25
$1.35
$0.23
Q4 24
$0.68
$-0.01
Q3 24
$1.05
$0.06
Q2 24
$0.57
$0.08

Balance Sheet & Financial Strength

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

Metric
PTC
PTC
UDR
UDR
Cash + ST InvestmentsLiquidity on hand
$209.7M
$1.3M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$3.8B
$3.3B
Total Assets
$6.4B
$10.3B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PTC
PTC
UDR
UDR
Q1 26
$1.3M
Q4 25
$209.7M
$1.2M
Q3 25
$184.4M
$1.2M
Q2 25
$199.3M
$1.5M
Q1 25
$235.2M
$1.3M
Q4 24
$196.3M
$1.3M
Q3 24
$265.8M
$2.3M
Q2 24
$247.7M
$2.8M
Total Debt
PTC
PTC
UDR
UDR
Q1 26
Q4 25
$1.2B
$5.8B
Q3 25
$1.2B
$5.8B
Q2 25
$1.2B
$5.8B
Q1 25
$1.4B
$5.8B
Q4 24
$1.0B
$5.8B
Q3 24
$1.2B
$5.9B
Q2 24
$1.3B
$5.8B
Stockholders' Equity
PTC
PTC
UDR
UDR
Q1 26
$3.3B
Q4 25
$3.8B
$3.3B
Q3 25
$3.8B
$3.3B
Q2 25
$3.5B
$3.3B
Q1 25
$3.4B
$3.3B
Q4 24
$3.2B
$3.4B
Q3 24
$3.2B
$3.5B
Q2 24
$3.0B
$3.7B
Total Assets
PTC
PTC
UDR
UDR
Q1 26
$10.3B
Q4 25
$6.4B
$10.6B
Q3 25
$6.6B
$10.6B
Q2 25
$6.2B
$10.6B
Q1 25
$6.2B
$10.7B
Q4 24
$6.1B
$10.9B
Q3 24
$6.4B
$11.1B
Q2 24
$6.1B
$11.1B
Debt / Equity
PTC
PTC
UDR
UDR
Q1 26
Q4 25
0.31×
1.77×
Q3 25
0.31×
1.78×
Q2 25
0.34×
1.74×
Q1 25
0.40×
1.74×
Q4 24
0.32×
1.69×
Q3 24
0.38×
1.67×
Q2 24
0.43×
1.55×

Cash Flow & Capital Efficiency

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

Metric
PTC
PTC
UDR
UDR
Operating Cash FlowLast quarter
$269.7M
Free Cash FlowOCF − Capex
$267.4M
FCF MarginFCF / Revenue
39.0%
Capex IntensityCapex / Revenue
0.3%
4.9%
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
PTC
PTC
UDR
UDR
Q1 26
Q4 25
$269.7M
$902.9M
Q3 25
$104.0M
$234.9M
Q2 25
$243.9M
$250.3M
Q1 25
$281.3M
$156.2M
Q4 24
$238.4M
$876.8M
Q3 24
$98.1M
$230.3M
Q2 24
$213.8M
$238.5M
Free Cash Flow
PTC
PTC
UDR
UDR
Q1 26
Q4 25
$267.4M
$650.0M
Q3 25
$100.5M
$164.6M
Q2 25
$242.0M
$190.1M
Q1 25
$278.5M
$103.2M
Q4 24
$235.7M
$627.0M
Q3 24
$93.6M
$161.3M
Q2 24
$212.2M
$171.1M
FCF Margin
PTC
PTC
UDR
UDR
Q1 26
Q4 25
39.0%
150.1%
Q3 25
11.2%
38.1%
Q2 25
37.6%
44.7%
Q1 25
43.8%
24.5%
Q4 24
41.7%
148.3%
Q3 24
14.9%
38.4%
Q2 24
40.9%
41.2%
Capex Intensity
PTC
PTC
UDR
UDR
Q1 26
4.9%
Q4 25
0.3%
58.4%
Q3 25
0.4%
16.3%
Q2 25
0.3%
14.2%
Q1 25
0.4%
12.6%
Q4 24
0.5%
59.1%
Q3 24
0.7%
16.4%
Q2 24
0.3%
16.2%
Cash Conversion
PTC
PTC
UDR
UDR
Q1 26
Q4 25
1.62×
4.05×
Q3 25
0.30×
5.81×
Q2 25
1.73×
6.64×
Q1 25
1.73×
2.04×
Q4 24
2.90×
Q3 24
0.78×
10.19×
Q2 24
3.10×
8.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PTC
PTC

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

UDR
UDR

Rental income$423.3M99%
Joint venture management and other fees$2.5M1%

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