cust.co / Compare / PTC vs Altair Engineering

PTC vs Altair Engineering - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Construction SaaS. Both at Public stage.

PTC leads by +20pp on latest NRR (112% vs 92%).

NRR over time

89%96%102%109%115% FY2023-Q4FY2024-Q4FY-2024 NRR PTC Altair Engineering PTC - FY2023-Q4: 106% PTC - FY2024-Q4: 112% Altair Engineering - FY-2024: 92%

PTC hit a higher all-time peak (112% in FY2024-Q4).

Stat-by-stat

Metric PTC Altair Engineering
Latest NRR 112% 92%
All-time peak NRR 112% 92%
All-time low NRR 106% 92%
QoQ change +6pp -
YoY change - -
3-year change - -
Disclosures tracked 2 1

Customer cohorts

MetricPTCAltair Engineering
Total customers 30,000 13,000
Over $100K ARR - -
Over $1M ARR - -
Top-10 concentration - -
Average ACV - -
US revenue mix 46.8% 48.6%

Commercial structure

MetricPTCAltair Engineering
Total RPO $2.9B $271M
Current RPO (12mo) $1.6B $192M
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 95% 92%
New customers added - -

Post-sales motion

MetricPTCAltair Engineering
CS team size - -
Customers per CSM - -
Pricing model subscription subscription
Renewal cadence annual annual
CSM coverage model account-named hybrid
Top customer exec - -

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