secwatch.observer — SEC 8-K summary
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Issuer:     PTC INC. (PTC)
CIK:        0000857005
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001193125-26-208904
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/857005/000119312526208904/0001193125-26-208904-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/857005/000119312526208904/ptc-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-208904

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