Formlabs vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Formlabs is the global leader in professional SLA and SLS 3D printing, with the Fuse Series holding 55% of worldwide SLS unit sales in 2025. $2B valuation, 738 employees, backed by SoftBank Vision Fund 2.
About
Formlabs was founded in 2011 at MIT, initially through a Kickstarter campaign that became one of the most successful hardware crowdfunding projects of its era. The company pioneered desktop stereolithography (SLA) 3D printing and has since expanded into selective laser sintering (SLS) technology, becoming the global leader in both categories for the professional market. Its flagship product lines include the Form 4 (SLA) and Fuse Series (SLS), alongside a comprehensive materials portfolio spanning engineering resins, biocompatible materials, dental-specific resins, and industrial nylon powders.
Boston industrial CAD/PLM software (NASDAQ: PTC); FY2025 8.5% ARR growth, Kepware/ThingWorx IoT divested to TPG (Nov 2025) under new CEO Neil Barua competing with Siemens Teamcenter for discrete manufacturer PLM.
About
PTC Inc. is a Boston, Massachusetts-based industrial software company — publicly traded on NASDAQ (NASDAQ: PTC) as an S&P 500 component — providing computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), service lifecycle management (SLM), and industrial IoT software to manufacturers across aerospace, defense, automotive, medical devices, and industrial machinery. In FY2025 (fiscal year ended September 30, 2025), PTC reported 8.5% ARR growth and 16% free cash flow growth, with Q4 FY2025 revenue up 39% in constant currency and 18% year-over-year. CEO Neil Barua took over from long-tenured CEO James Heppelmann in February 2024 and introduced the "Barua Blueprint" refocusing PTC on its core CAD/PLM/ALM/SLM strengths. In November 2025, PTC announced the divestiture of its industrial IoT assets — Kepware and ThingWorx — to TPG, sharpening its portfolio around design and lifecycle management software. PTC's product portfolio includes Creo (3D parametric CAD for mechanical engineers), Windchill (PLM for product data and process management), Onshape (cloud-native CAD platform), and Arena (cloud-native PLM/QMS).
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