newsfilter
← Earnings
Earnings Releases·

PTC — Fourth Fiscal Quarter and Full Fiscal Year 2026 Earnings Summary

  • Q4 2026 revenue declined 25% YoY to $673 million, while full-year 2026 revenue remained flat at $2,733 million; GAAP operating margins contracted significantly in Q4 (32% vs. 49%) and FY (33% vs. 36%), though GAAP EPS rose 47% to $8.93 for the full year driven by a $463.9 million gain on the sale of Kepware and ThingWorx.
  • The company suspended all quarterly and annual guidance and cancelled conference calls due to the pending definitive agreement to be acquired by Schneider Electric, announced on October 5, 2026.
  • Full-year 2026 free cash flow increased 2% to $873 million despite $48 million in divestiture-related costs and $83 million in related taxes, while debt levels rose to $1,610 million from $1,197 million the prior year.
  • Strategic capital allocation included $1,625 million in common stock repurchases and a $100 million contribution to a solar energy equity investment, with ARR excluding divested businesses growing 8% to $2,508 million.
Company
PTC INC
Sector
Technology
Industry
Software - Application