earnings
confidence high
sentiment positive
materiality 0.75
PTC reports Q4 ARR growth of 26%, FY23 operating cash flow up 40% to $611M
PTC INC.
2023-FY EPS reported
$2.06
revenue$2,097,053,000
- ARR growth 26% YoY; organic ARR growth 15%; organic constant currency ARR growth 13%.
- ServiceMax contributed 11 points to ARR growth; constant currency ARR growth 23%.
- FY23 operating cash flow $611M (+40% YoY); free cash flow $587M (+41% YoY).
- Creo ARR +10%, Windchill ARR +16% on constant currency; ServiceMax ARR at $170M as guided.
- Codebeamer ARR more than doubled since acquisition six quarters ago.