Inferra AIResearch Tools

Inferra AI / Company / PTC

PTC Inc.

PTC · Information Technology

Last earnings Jul 29, 2026  ·  Next earnings Nov 4, 2026

Key results

Revenuequarter

8%

5 In Q3’26, revenue declined 8% year over year on a constant currency basis .

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

AI analysis

Q2 2026 · reported Jul 29, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Headline figures

MetricQ2 2026Prior qtrYear ago
Revenue8%——

EX-99 · Jul 29, 2026

Guidance · company-stated

Direction: Raised

Revenue$525 million

“1% excluding divested businesses, exceeding the high end of our guidance range o Operating and free cash flow growth of 7% and 3%, respectively, both exceeding the high end of our guidance ranges • Raising FY'26 guidance for ARR, Revenue and EPS, reaffirming Cash Flow guidance • ~$525 million of shares repurchased in Q3’26, bringing FY'26 repurchases above the high-end of our target for the year BOSTON, MA, July 29, 2026 - PTC (NASDAQ: PTC) today reported financial results for its third fiscal quarter ended June 30, 2026.”

Company outlook — Raised

“This performance to date and the visibility we have into our Q4 pipeline gives us confidence in raising the midpoint of our ARR guidance for the full year,” said Jen DiRico, CFO.”

Classified from the release's primary full-year outlook statement.

Next earningsNov 4, 2026Verified from the company’s own announcement

Capital allocation

“Further, we remain committed to our capital allocation priorities, reinvesting in the business while identifying tuck-in acquisitions and opportunities to repurchase PTC stock.

Specific to Q3, we identified what we viewed as a compressed valuation of our stock and acted accordingly by repurchasing more than two times what we previously targeted for the quarter,” concluded DiRico.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

PTC Inc. Q2 2026 — 5 In Q3’26, revenue declined 8% year over year on a constant currency basis .

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “1% excluding divested businesses, exceeding the high end of our guidance range o Operating and free cash flow growth of 7% and 3%, respectively, both exceeding the high end of our guidance ranges • Raising FY'26 guidance for ARR, Revenue and EPS, reaffirming Cash Flow guidance • ~$525 million of shares repurchased in Q3’26, bringing FY'26 repurchases above the high-end of our target for the year BOSTON, MA, July 29, 2026 - PTC (NASDAQ: PTC) today reported financial results for its third fiscal quarter ended June 30, 2026.”

Revenue — Raised (“Raising”)
“1% excluding divested businesses, exceeding the high end of our guidance range o Operating and free cash flow growth of 7% and 3%, respectively, both exceeding the high end of our guidance ranges • Raising FY'26 guidance for ARR, Revenue and EPS, reaffirming Cash Flow guidance • ~$525 million of shares repurchased in Q3’26, bringing FY'26 repurchases above the high-end of our target for the year BOSTON, MA, July 29, 2026 - PTC (NASDAQ: PTC) today reported financial results for its third fiscal quarter ended June 30, 2026.”

Company outlook — Raised (“raising”)
“This performance to date and the visibility we have into our Q4 pipeline gives us confidence in raising the midpoint of our ARR guidance for the full year,” said Jen DiRico, CFO.”

Classified from the release's primary full-year outlook statement.

Capital allocation

“Further, we remain committed to our capital allocation priorities, reinvesting in the business while identifying tuck-in acquisitions and opportunities to repurchase PTC stock.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Specific to Q3, we identified what we viewed as a compressed valuation of our stock and acted accordingly by repurchasing more than two times what we previously targeted for the quarter,” concluded DiRico.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

• On March 17, 2026, we entered into an accelerated share repurchase agreement, under which we used $375 million of cash and received 2.7 million shares during Q2’26 and Q3’26.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

• In addition to the accelerated share repurchase agreement, during Q3’26 we repurchased 4.3 million additional shares of PTC stock in the open market for $525 million.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

• In total, we expect to repurchase approximately $1.625 billion of our shares in FY’26 and expect a decrease in fully diluted shares to approximately 116 million shares for FY'26, compared to 121 million shares in FY’25.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Free Cash Flow: We provide information on free cash flow to enable investors to assess our ability to generate cash without incurring additional external financings and to evaluate our performance against our announced long-term goals and intent to return excess cash to shareholders via stock repurchases.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Strategy & priorities

This coincides with the go-to-market and product strategy emphasis the company has undertaken over the past several quarters and results in a more durable business model that positions PTC for long-term success,” said Neil Barua, President and CEO, PTC.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

“Further, we remain committed to our capital allocation priorities, reinvesting in the business while identifying tuck-in acquisitions and opportunities to repurchase PTC stock.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Fair Value Measurements The valuation hierarchy for disclosure of assets and liabilities reported at fair value prioritizes the inputs for such valuations into three broad levels: Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2: quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument; or Level 3: unobservable inputs based on our own assumptions used to measure assets and liabilities at fair value.

SEC original ↗PTC Inc. — 10-Q Quarterly report10-QJul 31, 2026

Strategic Solar Energy Equity Investment During the third quarter of 2026, we invested $ 184.7 million in a solar energy project, of which $ 50.1 million has been contributed as of June 30, 2026.

SEC original ↗PTC Inc. — 10-Q Quarterly report10-QJul 31, 2026

Commissioner tax court ruling and a $ 7.2 million tax benefit related to a strategic solar energy investment.

SEC original ↗PTC Inc. — 10-Q Quarterly report10-QJul 31, 2026

Risks & headwinds

Forward-Looking Statements Statements in this document that are not historic facts, including statements about our future operating, financial and growth expectations, and potential stock repurchases are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Other risks and uncertainties that could cause actual results to differ materially from those projected are described from time to time in reports we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the U.

SEC original ↗PTC Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2026

Although we believe our tax estimates are appropriate, the final determination of tax audits and any related litigation could result in favorable or unfavorable changes in our estimates.

SEC original ↗PTC Inc. — 10-Q Quarterly report10-QJul 31, 2026

Historically, our costs to defend lawsuits or settle claims relating to such indemnity agreements have been minimal and, accordingly, we believe the estimated fair value of liabilities under these agreements is immaterial.

SEC original ↗PTC Inc. — 10-Q Quarterly report10-QJul 31, 2026

Documents

Earnings deck slides

0 decks with slide view

PTC Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

PTC Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

PTC Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

PTC Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

PTC Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

PTC Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

PTC Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Microsoft (MSFT) Information TechnologyTeradyne (TER) Information TechnologyASML Holding (ASML) Information TechnologyMicron Technology (MU) Information TechnologySeagate Technology (STX) Information TechnologyUnited Microelectronics (UMC) Information TechnologyMonolithic Power Systems (MPWR) Information TechnologyCoherent Corp. (COHR) Information Technology

Filings

30 documents

Earnings releases

2 documents

Presentations

7 documents

Transcripts

0 documents

No transcripts for PTC Inc. are held in this edition of the library.

Mentioned by

14 companies

Other tracked companies whose held documents mention PTC Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.