Comparing the current results to its competitors, Ptc Inc reported Revenue decrease in the 3 quarter 2026 year on year by -6.81 %, despite the revenue increase by the most of its competitors of 17.38 %, recorded in the same quarter.
Ptc Inc 's Comment on Competition and Industry Peers
We compete with a number of companies whose offerings address one or more specific functional areas covered by our solutions. In our IIoT business, we compete with large established companies such as Amazon, IBM, Oracle, SAP, Siemens AG, and Software AG as well as customers? homegrown solutions. There are also a number of smaller companies that compete in the market for IIoT products. For enterprise CAD and PLM solutions, we compete with large established companies including Autodesk, Dassault Syst?mes SA, and Siemens AG. For our PLM solutions, we also compete with Oracle and SAP, but we believe our products are more specifically targeted toward the business process challenges of manufacturing companies and offer broader and deeper functionality for those processes than ERP-based solutions. For our AR products, our primary competitors include TeamViewer, ScopeAR and Re?Flekt. Although Microsoft is a partner (especially in IoT), it is a competitor in AR; the competing products are Microsoft Dynamics 365 Remote Assist and Dynamics 365 Guides.
Atlassian Corporation, a leading software company, operates on a subscription-based business model. They offer a suite of products and tools designed to improve team collaboration, project management, and software development. Their revenue is generated primarily through recurring subscription fees from customers who benefit from their cloud-based solutions and ongoing product updates and support.
Sources:
Ptc Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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