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AI brief of an SEC Form 8-K · PTC (PTC)

PTC Q4 revenue falls 25% to $673 million; Schneider Electric deal pending

Mixed Impact 4 of 5 earnings

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.

Key points

  • 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.

The filing

CompanyPTC (PTC)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:03 PM ET
Accession number0001193125-26-447186

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

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.