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

PTC reported a 25% year-over-year decline in fourth fiscal quarter 2026 revenue to $673 million, driven by the divestiture of its Kepware and ThingWorx businesses and ASC 606 accounting impacts. Full fiscal year 2026 revenue remained flat at $2.73 billion, while operating cash flow increased 4% to $899 million and free cash flow rose 2% to $873 million. The company suspended quarterly earnings calls and guidance following its agreement to be acquired by Schneider Electric. Non-GAAP earnings per share for the quarter were $2.03, down from $3.41 in the prior year period.