earnings
confidence high
sentiment positive
materiality 0.80
PTC beats Q2 FY2026 guidance; constant currency ARR up 8.5%; new $2B buyback
PTC INC.
2026-Q2 EPS reported
$6.35
revenue$1,460,128,000
- Q2 revenue $774M vs guidance $685-745M; GAAP EPS $4.98 vs $4.09-4.74; non-GAAP EPS $2.69 vs $1.87-2.47.
- Constant currency ARR ex-divested businesses grew 8.5% YoY to $2,388M, in line with 8-8.5% guidance.
- Operating cash flow $321M and free cash flow $318M, each up 14% YoY.
- Board authorized $2.0B share repurchase for FY'27-FY'28; $625M repurchased in Q2; FY'26 target $1.225-1.325B.