---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-208904"
form_type: "8-K"
ticker: "PTC"
cik: "0000857005"
company_name: "PTC INC."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:04:27.186814+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PTC beats Q2 FY2026 guidance; constant currency ARR up 8.5%; new $2B buyback

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-208904
- form_type: 8-K
- ticker: PTC
- cik: 0000857005
- company_name: PTC INC.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857005/000119312526208904/0001193125-26-208904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857005/000119312526208904/ptc-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-208904
- JSON: https://secwatch.observer/filing/0001193125-26-208904.json
- Plain text: https://secwatch.observer/filing/0001193125-26-208904.txt

## Source-grounded claims
- claim_id: 5651d561540457e57a867684d3ed89ce225de4cf
  claim: PTC INC. reported second fiscal quarter ended March 31, 2026 results: revenue $774, EPS $4.98.
  evidence_excerpt: businesses (FY'26 Plan FX rates 3 ) $2,388 $2,200 8.5% 8% to 8.5% growth Operating cash flow $321 $281 14% $315 to $320 Free cash flow $318 $279 14% $310 to $315 Revenue 4 $774 $636 22% 5 $685 to $745 Operating margin 4 38% 35% 310 bps Non-GAAP operating margin 4 53% 47% 600 bps Earnings per share 4 $4.98 6 $1.35 7 270% $4.09 to $4.74 Non-GAAP earnings
  evidence_url: https://www.sec.gov/Archives/edgar/data/857005/000119312526208904/0001193125-26-208904-index.htm

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