---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-053935"
form_type: "8-K"
ticker: "PTC"
cik: "0000857005"
company_name: "PTC INC."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T14:43:55.348904+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PTC Q4/FY21 revenue up 23% YoY, ARR $1.47B; restructuring charge $45-50M

## Summary
- ARR $1.47B, +16% YoY; organic ARR growth 11% (12% constant currency).
- Q4 revenue $481M (+23% YoY); FY21 revenue $1.807B (+24% YoY).
- Q4 non-GAAP operating margin 37% vs 32% YoY; FY21 35% vs 29%.
- FY21 operating cash flow $369M (+58%), free cash flow $344M (+61%).
- Restructuring charge $45-50M in Q1 FY22; Troy Richardson promoted to President, Digital Thread Solutions.

## SEC filing metadata
- accession: 0001564590-21-053935
- form_type: 8-K
- ticker: PTC
- cik: 0000857005
- company_name: PTC INC.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 2.05, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857005/000156459021053935/0001564590-21-053935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857005/000156459021053935/ptc-8k_20211103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-053935
- JSON: https://secwatch.observer/filing/0001564590-21-053935.json
- Plain text: https://secwatch.observer/filing/0001564590-21-053935.txt

## Key facts
- Executive change
  Troy Richardson changed role as President, Digital Thread Solutions at PTC INC..
  - Action: promoted
  - Role: President, Digital Thread Solutions
  source text: On November 3, 2021, Troy Richardson, our Executive Vice President, Chief Operating Officer, was promoted to President, Digital Thread Solutions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/857005/000156459021053935/0001564590-21-053935-index.htm

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