PTC Q2 revenue rises 22% to $774 million; FY26 revenue guidance raised
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.
Key points
- 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.
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 May 06, 2026.
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