Accessibility StatementSkip Navigation BOSTON, Nov. 19, 2025 /PRNewswire/ --Â PTCÂ (NASDAQ: PTC) today announced an expansion of its relationship with Garrett Motion, a leading differentiated technology provider for emission reduction and energy efficiency in automotive and beyond. Building on its successful use of the PTC Onshape cloud-native computer-aided design (CAD) and product data management (PDM) platform, Garrett is adopting the PTC Codebeamer+â"¢ application lifecycle management (ALM) and Windchil ...

Core Insights - PTC Inc reported a significant increase in non-GAAP EPS of $3.47 for Q4 fiscal 2025, marking a 126% year-over-year growth and surpassing the Zacks Consensus Estimate by 63% [1][9] - The company's revenues reached $894 million, reflecting a 43% year-over-year increase, and exceeded the consensus estimate by 20.2% [2][9] - PTC's fiscal 2025 revenues totaled $2.7 billion, a 19% increase from the previous year, with a strategic divestiture of Kepware and ThingWorx to sharpen focus on core areas [2][3] Revenue Breakdown - Recurring revenues amounted to $861 million, up 47.8% year over year, while perpetual licenses decreased by 15.9% to $8.4 million [4] - License revenues constituted 54.2% of total revenues at $484.1 million, a 102.2% increase from the prior year, while support and cloud services revenues rose 9.2% to $385.4 million [5] - PLM revenues were $588 million, increasing 44% year over year, and CAD revenues reached $306 million, up 40% [6] ARR and Operating Performance - Annualized recurring revenues (ARR) grew to $2.5 billion, a 10% increase year over year, with strong performance across all divisions [7] - Total operating expenses were $343.3 million, compared to $319.7 million in the prior-year quarter, while operating income on a non-GAAP basis rose to $526.3 million [8][10] Balance Sheet and Cash Flow - As of September 30, 2025, cash and cash equivalents were $184 million, down from $266 million a year earlier, while total debt decreased to $1.2 billion [11] - Cash provided by operating activities was $104 million, and free cash flow was $100 million, both showing improvements from the previous year [11] Share Repurchase and Guidance - PTC has a $2 billion share repurchase authorization and plans to execute $200 million in buybacks in Q1 fiscal 2026, indicating confidence in long-term growth [12] - For fiscal 2026, PTC projects revenues between $2.65 billion and $2.9 billion, with non-GAAP EPS estimated between $6.49 and $8.95 [14][15]

Q4'25 AND FY'25 FINANCIAL RESULTS Neil Barua CEO Kristian Talvitie CFO November 5, 2025 FORWARD LOOKING STATEMENTS This presentation includes forward looking statements regarding PTC's future financial performance, strategic outlook and expectations, anticipated future operations, expected effects of strategic investments and initiatives, expected divestiture of the Kepware and ThingWorx business and the effects of such divestiture, and share repurchase expectations. Because such statements deal with future ...

Core Insights - TPG has reached a definitive agreement to acquire PTC's Kepware and ThingWorx businesses, aiming to enhance their growth and leadership in industrial connectivity and IoT solutions [1][2][7] - The transaction is expected to close in the first half of 2026, pending regulatory approvals and other conditions [4] Company Focus - PTC is shifting its focus towards its Intelligent Product Lifecycle vision, concentrating resources on core offerings such as CAD, PLM, ALM, and SLM, while leveraging AI and SaaS technologies [3][7] - The sale of Kepware and ThingWorx will allow PTC to better address customer challenges by optimizing product data utilization throughout the product lifecycle [3][7] Investment and Growth Potential - TPG plans to invest in the acquired businesses through its U.S. and European private equity platform, providing additional capital and expertise to accelerate growth [2][3] - The acquisition is seen as a generational opportunity to enhance manufacturing processes by bridging operational and information technology [3][7] Business Operations - Kepware serves as a communication platform that facilitates data exchange across various industries, including manufacturing and utilities, while ThingWorx is an IoT platform that enables remote device management and data analysis [3][7] - The partnership with TPG is expected to support the scaling and evolution of these software platforms to meet the changing needs of customers [3][7]

Posts record annual cash flow; Strategic focus positions company for durable growth BOSTON, Nov. 5, 2025 /PRNewswire/ --Â PTCÂ (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2025. Accessibility StatementSkip Navigation "Q4 capped a year of solid execution and focus. The divestiture of Kepware and ThingWorx will sharpen our portfolio around CAD, PLM, ALM, and SLM – the foundation of our Intelligent Product Lifecycle vision," said Neil Bar ...

Summary of PTC Conference Call Company Overview - **Company**: PTC (Parametric Technology Corporation) - **Industry**: Software, specifically focusing on product lifecycle management (PLM) and computer-aided design (CAD) solutions - **Key Products**: Windchill (PLM), Creo (CAD), CodeBeamer (Application Lifecycle Management), Onshape (cloud-based CAD), ServiceMax Core Insights and Arguments 1. **Customer Engagement**: The CEO, Neil Barua, emphasized the importance of engaging with customers globally to understand their needs and challenges, particularly the demand for faster product development amidst increasing complexity in business environments [5][10][45] 2. **Strategic Positioning**: PTC is positioned as a critical player in the software vertical, with a strong relationship with customers built over 40 years, which is essential for their product development processes [10][11] 3. **Go-to-Market Transformation**: The company is undergoing a transformation in its go-to-market strategy, focusing on verticalization to enhance customer engagement and increase market share [12][13] 4. **Financial Guidance**: PTC adjusted its full-year growth targets to the high single digits, reflecting a stable macro environment and improved execution in Q3 [15][19] 5. **Product Lifecycle Management**: Windchill is highlighted as a flagship product with significant growth potential, particularly as companies seek to integrate software and hardware development processes [29][30] 6. **AI Integration**: PTC is embedding AI into its solutions, enhancing product capabilities and improving operational efficiency [37][39] 7. **ServiceMax Performance**: The ServiceMax segment faced challenges but is expected to align better with PTC's offerings, creating opportunities for growth [48][50] Additional Important Points 1. **Market Dynamics**: The company noted that while the macro environment remains challenging, it has not worsened, allowing for a more stable outlook [19][20] 2. **Customer Sentiment**: There is a sense of urgency among customers to invest in digital transformation, which PTC is well-positioned to support [45][46] 3. **M&A Strategy**: PTC is focused on tuck-in acquisitions that enhance its product data foundation and align with its strategic vision [62][63] 4. **Cash Flow Management**: PTC operates on a cash basis, providing visibility into cash inflows and outflows, which supports its financial stability [55][58] 5. **Internal AI Utilization**: The company is leveraging AI internally to improve customer support and R&D processes, leading to productivity gains [59][60] This summary encapsulates the key points discussed during the PTC conference call, highlighting the company's strategic direction, product focus, and market positioning.