---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-266865"
form_type: "8-K"
ticker: "PTC"
cik: "0000857005"
company_name: "PTC INC."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:29:12.687716+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PTC Q4 revenue $894M (+43% YoY), ARR growth 8.5% cc; divests Kepware and ThingWorx; FY26 guidance

## Summary
- Q4 revenue $894M (+43% YoY), non-GAAP EPS $3.47 vs $1.54; operating cash flow $104M (+6%).
- Constant currency ARR growth 8.5% in Q4; full-year record cash flow with 16% growth in operating and free cash flow.
- Divesting Kepware and ThingWorx to focus on CAD, PLM, ALM, SLM; guidance to be updated upon close.
- FY2026 guidance: constant currency ARR growth 7%-9%, operating cash flow ~$1.03B, free cash flow ~$1B.
- Increasing share repurchases; ~$200M expected in Q1'26 under $2B authorization.

## SEC filing metadata
- accession: 0001193125-25-266865
- form_type: 8-K
- ticker: PTC
- cik: 0000857005
- company_name: PTC INC.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857005/000119312525266865/0001193125-25-266865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857005/000119312525266865/ptc-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-266865
- JSON: https://secwatch.observer/filing/0001193125-25-266865.json
- Plain text: https://secwatch.observer/filing/0001193125-25-266865.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.