PTC Q3 revenue falls 7% to $600 million; raises FY26 revenue and EPS guidance
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.
Key points
- 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.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits 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 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.