secwatch.observer — SEC 8-K summary
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Issuer:     PTC INC. (PTC)
CIK:        0000857005
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001193125-25-266865
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/857005/000119312525266865/0001193125-25-266865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/857005/000119312525266865/ptc-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-266865

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer