Form 10-Q · Quarterly report
PTC Inc. 10-Q, filed Jul 31, 2026
- Filed
- CIK
- 0000857005
- Accession no.
- 0001193125-26-328444
Summary
PTC Inc. reported that its annual run rate was $2.41 billion at the end of Q3 2026, flat year over year and up 2% on a constant-currency basis, with growth affected by the Q2 2026 divestiture of the Kepware and ThingWorx businesses; excluding those businesses, ARR rose 7% (9% constant currency). Q3 2026 revenue fell 7% to $600.0 million, operating income fell 21% to $166.5 million, diluted EPS fell 12% to $1.03, and PTC repurchased $525 million of shares.
Key points
- PTC's ARR was $2.41 billion at the end of Q3 2026, flat year over year and up 2% on a constant-currency basis; excluding divested Kepware and ThingWorx businesses, ARR grew 7% (9% constant currency).
- Q3 2026 revenue decreased 7% to $600.0 million, operating income decreased 21% to $166.5 million, and diluted earnings per share decreased 12% to $1.03.
- PTC repurchased $525 million of shares in Q3 2026, with $500 million paid in the quarter, partially funded by $225 million of net debt borrowings under its credit facility.
- For the nine months ended June 30, 2026, revenue was $2.06 billion, diluted earnings per share was $7.43, and free cash flow was $835.0 million.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Business Overview PTC is a global software company headquartered in Boston, Massachusetts. We employ over 7,000 people and support more than 30,000 customers globally. We primarily serve customers in the following industry verticals: •Industrials •Federal, Aerospace and Defense •Electronics and High Tech •Automotive •Medical Technology and Life Sciences Our customers are focused on improving their competitiveness in the face of global competition and increasing product complexity, and our suite of software offerings is a strategic enabler of this and their digital transformation initiatives. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.