PTC Inc.
197.86-4.60 (-2.27%)
Oct 29, 4:00:00 PM EDT · NasdaqGS · PTC · USD
Key Stats
Market Cap
23.70BP/E (TTM)
46.56Basic EPS (TTM)
4.25Dividend Yield
0%Recent Filings
8-K
PTC appoints ex-Fortive CEO
PTC Inc. appointed James Lico, former CEO of Fortive Corporation, to its Board of Directors effective October 13, 2025, also naming him to the Corporate Governance Committee. Lico brings deep industrial leadership from Danaher and Fortive, plus current DuPont board service. Compensation includes prorated cash retainers of $60,000 and $10,000, plus RSU grants totaling $625,000. This bolsters PTC's governance with seasoned expertise.
10-Q
Q3 FY2025 results
PTC's Q3 FY2025 revenue surged 24% year-over-year to $644 million, propelled by 69% license growth to $251 million and 9% support and cloud services expansion to $370 million, while professional services dipped 25% to $23 million. Gross margin climbed to 83% from 78%, fueling operating income up 119% to $210 million and diluted EPS of $1.17, up 106%, with 120,461 diluted shares confirming the figure. PLM and CAD segments each grew 27%, with Europe and Asia Pacific outpacing Americas. Cash from operations hit $244 million, yielding $242 million free cash flow after $2 million capex; debt fell to $1.2 billion post-$500 million note redemption, with $972 million revolver availability and $199 million cash on hand. Yet net income outpaced operating income due to lower interest expense. Competition from open-source alternatives pressures pricing.
8-K
PTC lifts FY25 guidance
PTC Inc. reported solid Q3 fiscal 2025 results on July 30, with constant currency ARR up 9.3% to $2,372 million, hitting the high end of guidance amid a challenging sales environment. Revenue surged 24% to $644 million, operating cash flow and free cash flow both rose 14% to $244 million and $242 million, while non-GAAP EPS climbed 68% to $1.64. The company raised full-year guidance, now targeting 8-9% constant currency ARR growth and ~$850 million free cash flow, and plans $75 million in Q4 share repurchases to complete $300 million annually. Cash generation remains robust, yet macroeconomic uncertainty lingers.
10-Q
Q2 FY2025 results
PTC Inc. posted solid Q2 FY2025 results, with revenue climbing 6% year-over-year to $636M (8% constant currency), fueled by 7% recurring revenue growth to $602M and 9% license revenue uptick to $254M, while professional services dipped 10% to $29M. Gross margin expanded to 83%, operating income surged 24% to $223M, and diluted EPS jumped 42% to $1.35, reconciling neatly with 121K diluted shares. Cash from operations hit $519M for the half-year, yielding $514M free cash flow after $6M capex, yet debt eased to $1.4B following $500M senior note redemption, leaving $824M revolver availability. PLM and CAD segments each grew over 5%, with Americas and Asia Pacific leading regionally. Stock repurchases totaled $150M. Heightened global trade tensions pose a lingering risk to customer spending.
8-K
PTC Q2 ARR up 10%
PTC Inc. reported solid Q2 fiscal 2025 results on April 30, 2025, with constant currency ARR up 10% to $2,326 million and revenue rising 6% to $636 million, while free cash flow grew 13% to $279 million amid a challenging sales environment. The company repurchased $75 million in shares and retired $500 million in senior notes, reducing gross debt 31% to $1,393 million. It updated FY'25 guidance lower to 7-9% constant currency ARR growth and $840-850 million free cash flow, citing macroeconomic uncertainty. Cash flows remain predictable.
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