Nov 4, 4:03 PM ET
PTC reported fourth-quarter fiscal 2026 revenue of $673 million, down 25% from $894 million a year earlier, and GAAP EPS of $1.44, down 50%. Full-year revenue was roughly flat at $2.73 billion, while GAAP EPS rose to $8.93 from $6.08, helped by $463.9 million of gains on divested businesses. Because of the pending acquisition by Schneider Electric, PTC has stopped providing guidance and suspended its quarterly earnings calls.
- Q4 fiscal 2026 revenue was $673 million versus $894 million; non-GAAP EPS was $2.03 versus $3.41.
- Full-year fiscal 2026 revenue was $2.73 billion versus $2.74 billion; GAAP EPS was $8.93 versus $6.08, and non-GAAP EPS was $8.24 versus $7.94.
- Full-year GAAP results include $463.9 million of gains on the sale of the Kepware and ThingWorx businesses.
- PTC entered a definitive agreement to be acquired by Schneider Electric, as announced October 5, 2026; no quarterly or annual guidance is being provided.
Read the filing on SEC.gov ↗
Oct 5, 7:22 AM ET
PTC signed a merger agreement under which Schneider Electric will acquire the company for $205 per share in cash, valuing PTC's equity at approximately $22.6 billion. The price is a 42.3% premium to PTC's last closing price, and PTC shareholders must approve the deal; closing is anticipated by Q3 2027. Shareholders would receive cash and the stock would be delisted from Nasdaq if the merger closes.
- Merger consideration: $205 per share in cash; implied enterprise value of $23.7 billion
- Premium of 42.3% to last closing price and 46.1% to the previous 30-trading-day VWAP
- Company must pay Schneider Electric a $700 million termination fee in specified circumstances
- Closing anticipated by Q3 2027, subject to majority shareholder approval and regulatory clearances including HSR and CFIUS
Read the filing on SEC.gov ↗
Jul 29, 4:01 PM ET
PTC reported third-quarter fiscal 2026 results on July 29, 2026. Revenue fell 7% year over year to $600 million and GAAP earnings per share fell 12% to $1.03, while constant currency ARR excluding divested businesses rose 9.1%. The company raised fiscal 2026 guidance for ARR, revenue and EPS and repurchased about $525 million of its stock in the quarter.
- Q3 revenue was $600 million versus $644 million a year earlier; GAAP EPS was $1.03 versus $1.17; non-GAAP EPS was $1.58 versus $1.64.
- FY26 revenue guidance is $2.69 billion to $2.75 billion, compared with the previous $2.58 billion to $2.82 billion range.
- PTC repurchased 4.3 million shares in the open market in Q3 for $525 million and expects about $1.625 billion of total FY26 repurchases.
- The Kepware and ThingWorx divestiture closed March 13, 2026; the company recognized a $462.6 million gain on the sale in Q2 2026.
Read the filing on SEC.gov ↗
May 6, 4:02 PM ET
PTC reported second-quarter fiscal 2026 results, with revenue of $774 million, up 22% from a year earlier, and GAAP diluted EPS of $4.98 versus $1.35, which includes a $463 million gain on the sale of Kepware and ThingWorx. The company raised its full-year fiscal 2026 revenue and EPS guidance and its board authorized a new buyback of up to $2.0 billion covering October 1, 2026 through September 30, 2028.
- Q2 non-GAAP EPS was $2.69, up 50% from $1.79; non-GAAP operating margin was 53%, versus 47%.
- FY26 revenue guidance was raised to $2,580 million to $2,820 million, from $2,540 million to $2,805 million.
- FY26 GAAP EPS guidance was raised to $7.21 to $9.70, from $6.94 to $9.66.
- The board authorized up to $2.0 billion of repurchases and set the existing authorization to expire September 30, 2026.
Read the filing on SEC.gov ↗
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