PTC Inc
NASDAQ:PTC

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PTC Inc
NASDAQ:PTC
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Price: 173.52 USD -2.79% Market Closed
Market Cap: 20.8B USD

PTC Inc
Investor Relations

In the bustling world of software solutions, PTC Inc. has carved a distinctive niche for itself by focusing on high-impact digital transformation within the industrial sector. Founded in 1985 and headquartered in Boston, PTC started its journey with a robust CAD software offering, which quickly set the company apart as a leader in design innovation. However, as industries evolved, so did PTC. The company adeptly transitioned from its roots in CAD to embrace a broader spectrum of technologies that propel industrial companies into the digital age. With an eye on the future, PTC invested heavily in areas like the Internet of Things (IoT) and Augmented Reality (AR), providing a comprehensive suite of solutions tailor-made for modern manufacturing, engineering, and service challenges.

Central to PTC’s business model is its ability to blend traditional engineering software with cutting-edge digital innovations to create a seamless ecosystem for its clients. By offering products like ThingWorx for IoT applications and Vuforia for AR experiences, PTC empowers industries to optimize their operations, reduce downtime, and enhance product quality. These solutions are not only transformative but are also offered through subscription-based pricing, ensuring a steady and predictable revenue stream. PTC’s strategic focus on recurring revenue through digital solutions caters aptly to companies intent on thriving in Industry 4.0, placing PTC at the forefront of the industrial software revolution.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Nov 5, 2025
AI Summary
Q4 2025

Divestiture: PTC announced a definitive agreement to sell Kepware and ThingWorx to TPG, sharpening focus on its core product life cycle businesses.

ARR Growth: Q4 constant currency ARR grew 8.5% year-over-year, landing at the midpoint of guidance.

Revenue Beat: Q4 revenue surpassed the midpoint of guidance by $140 million, due to large multiyear deals with longer terms.

Cash Flow: Free cash flow grew 16% year-over-year to $857 million for fiscal 2025, with $100 million generated in Q4.

Guidance: Fiscal 2026 ARR growth is guided to 7%–9% (including divested units), and PTC expects to deliver about $1 billion in free cash flow.

Buybacks: Company plans to buy back $150–250 million of shares per quarter in fiscal 2026, starting with $200 million in Q1.

AI & SaaS Focus: PTC is emphasizing AI and SaaS investments in its product roadmap, with new AI features and releases across core offerings.

Key Financials
Constant Currency ARR
$2.446B
Free Cash Flow
$857M
Free Cash Flow (Q4)
$100M
Operating Efficiency Percentage
45%
ARR Attributable to Kepware and ThingWorx
$160M
Revenue Contribution of Kepware and ThingWorx
$200M
Free Cash Flow Attributable to Kepware and ThingWorx
$70M
Q4 Revenue Beat vs Guidance Midpoint
$140M
Q4 Revenue Beat vs Guidance High End
$110M
Share Buybacks
$150M–$250M per quarter in fiscal 2026; $200M in Q1
RPO Increase
Up more than $550M sequentially and year-over-year
Portion of RPO Recognizable in Next 12 Months
Approximately 55%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Neil Barua
President, CEO & Director
No Bio Available
Mr. Kristian P. Talvitie
Executive VP & CFO
No Bio Available
Mr. Aaron C. Von Staats Esq.
Executive VP, General Counsel & Corporate Secretary
No Bio Available
Ms. Alice Christenson
Chief Accounting Officer
No Bio Available
Mr. Kerry K. Grimes
Divisional Vice president of PTC Partner Network
No Bio Available
Ms. Noelle Faris
Vice President of Investor Relations
No Bio Available
Mr. Brian Thompson
Division VP & GM of CAD
No Bio Available
Ms. Emily Walt
Senior Director of Investor Relations
No Bio Available
Dr. Michael E. Porter Ph.D.
Consultant and Strategy Advisor
No Bio Available
Mr. Robert C. Gremley
Advisor
No Bio Available

Contacts

Address
MASSACHUSETTS
Boston
121 Seaport Blvd
Contacts
+17813705000.0
www.ptc.com