PTC (PTC) Tops Q1 EPS by 37c, Beats on Revenue; Offers FY26 Guidance
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PTC ANNOUNCES FIRST FISCAL QUARTER 2026 RESULTS
February 4, 2026 4:02 PM ESTStrategic focus on Intelligent Product Lifecycle vision
Solid execution in Q1'26Constant currency ARR growth of 8.4%; 9.0% excluding Kepware and ThingWorxOperating and free cash flow growth of 13%Embedding AI across portfolio and building common AI infrastructure to drive customer adoption and valueExecuting on our $2 billion share repurchase authorization: $200 million of repurchases in Q1'26; expect to use net after-tax proceeds from the Kepware and ThingWorx divestiture for incremental repurchases; targeting repurchases of ~$1.115 billion to... More