PTC raises FY25 guidance as fiscal Q3 revenue rises 24% to $644 million
PTC reported fiscal third-quarter 2025 results for the period ended June 30, 2025, with revenue of $644 million, up 24% from a year earlier, and GAAP diluted earnings per share of $1.17 compared with $0.57. The company raised its full-year fiscal 2025 guidance for revenue, earnings per share, non-GAAP earnings per share, ARR and free cash flow, and said it will continue share repurchases under a $2 billion authorization.
Key points
- Q3 revenue was $644 million, up 24%; ARR was $2,416 million, up 14% as reported and 9.3% in constant currency.
- FY25 revenue guidance was raised to $2,570 million to $2,630 million from $2,445 million to $2,565 million.
- FY25 free cash flow guidance is about $850 million, and the company plans about $75 million of share repurchases in Q4 2025.
- GAAP diluted EPS was $1.17 versus $0.57 a year earlier; non-GAAP diluted EPS was $1.64 versus $0.98.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.