earnings
confidence high
sentiment positive
materiality 0.70
PTC Q1'26: CC ARR up 8.4%, revenue $686M (+21% YoY), non-GAAP EPS $1.92
PTC INC.
2026-Q1 EPS reported
$1.39
revenue$685,825,000
- Constant currency ARR up 8.4% YoY; 9.0% excluding Kepware and ThingWorx.
- Revenue $686M (+21% YoY), GAAP EPS $1.39, non-GAAP EPS $1.92, above guidance range.
- Operating cash flow $270M, free cash flow $267M, both +13% YoY.
- Q1 share repurchases $200M; FY'26 target $1.115B-$1.315B, funded partly by divestiture proceeds.
- Management cites large deal volume and competitive displacements; Intelligent Product Lifecycle vision driving strategy.