PTC Announces Second Fiscal Quarter 2024 Results

 

PTC Inc.


SUPPLEMENTAL FINANCIAL DATA FOR REVENUE AND STOCK-BASED COMPENSATION


(in thousands, except per share data)


























Revenue by license, support and services is as follows:













Three Months Ended



Six Months Ended



March 31,



March 31,



March 31,



March 31,



2024



2023



2024



2023


License revenue (1)

$

234,321



$

196,993



$

418,319



$

369,691


Support and cloud services revenue


336,446




304,071




666,915




561,727


Professional services revenue


32,305




41,117




68,052




76,673


Total revenue

$

603,072



$

542,181



$

1,153,286



$

1,008,091














(1) License revenue includes the portion of subscription revenue allocated to license.














The amounts in the income statement include stock-based compensation as follows:















Three Months Ended



Six Months Ended



March 31,



March 31,



March 31,



March 31,



2024



2023



2024



2023


Cost of revenue

$

5,034



$

5,746



$

10,123



$

9,821


Sales and marketing


14,729




12,845




30,856




25,041


Research and development


13,936




15,580




28,174




27,038


General and administrative


20,492




18,075




44,051




31,850


Total stock-based compensation

$

54,191



$

52,246



$

113,204



$

93,750



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