Every material Form 8-K PTC filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PTC announced that Jennifer DiRico, currently CFO of Commvault Systems, will become PTC's Executive Vice President and Chief Financial Officer effective January 1, 2026, succeeding Kristian Talvitie, whose last day is December 31, 2025. The company also affirmed its full fiscal 2026 and first fiscal quarter 2026 guidance given on November 5, 2025, which signals no change to its outlook.
Jennifer DiRico appointed CFO effective January 1, 2026; announced December 4, 2025 with a November 30, 2025 appointment date
DiRico's fiscal 2026 annual salary and target bonus are each $575,000, prorated; signing bonus of $255,000
Kristian Talvitie's last day as CFO is December 31, 2025; his departure is not tied to any disagreement with PTC
PTC affirmed guidance for fiscal year ending September 30, 2026 and the quarter ending December 31, 2025
PTC entered into an agreement on November 5, 2025 to sell its ThingWorx and Kepware businesses to Parrot US Buyer, L.P., an entity controlled by funds affiliated with TPG Global, for $600 million in cash plus assumed liabilities. The filing says the deal is part of portfolio simplification, and the closing depends on regulatory approvals and is not subject to a financing condition or PTC shareholder approval.
Cash purchase price of $600 million, plus assumption of certain Business liabilities and contingent consideration of up to $125 million after a later sale by the buyer.
Price is subject to adjustments for working capital, indebtedness, and a $35 million reduction if the Business does not meet certain financial metrics in the month before closing.
Closing expected on the later of February 1, 2026 and the second business day after closing conditions are met, subject to HSR Act and foreign regulatory approvals.
Either party may terminate if the deal is not completed by August 5, 2026, with that date extended to November 5, 2026 if only certain regulatory approvals remain outstanding.
PTC reported fourth-quarter fiscal 2025 revenue of $894 million, up 43% from a year earlier, and diluted EPS of $2.94 versus $1.04, both above its own Q4 guidance. For fiscal 2026 it guided to revenue of $2.65 billion to $2.915 billion and GAAP EPS of $4.37 to $6.87, versus $6.14 in fiscal 2025, with guidance including the pending divestiture of Kepware and ThingWorx.
Q4 2025 revenue $894 million, up 43% year over year; Q4 guidance was $725 million to $785 million
Q4 diluted EPS $2.94 versus $1.04; FY25 diluted EPS $6.14 versus $3.12
FY26 guidance: revenue $2.65 billion to $2.915 billion; GAAP EPS $4.37 to $6.87; guidance will be updated when the divestiture closes
Share repurchases to increase under the $2 billion authorization, with approximately $200 million expected in Q1 2026
PTC Inc. appointed James Lico, former President and CEO of Fortive Corporation, to its Board of Directors effective October 13, 2025, and to the Corporate Governance Committee. He receives standard outside director pay, including a $375,000 initial RSU grant. The appointment is a board change rather than an operating event, and the filing contains no financial results or guidance.
James Lico appointed to PTC board on October 10, 2025, effective October 13, 2025
Lico also joins the Corporate Governance Committee, with a $10,000 cash retainer, prorated
Compensation includes a $60,000 prorated annual cash retainer and about $250,000 in prorated annual RSUs
One-time initial RSU grant valued at $375,000, vesting in two installments on October 15, 2026 and 2027
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.
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.
PTC Inc. said it appointed Trac Pham, former Chief Financial Officer of Synopsys, to its Board of Directors, effective March 17, 2025, and to the Audit Committee. The filing describes a board addition with standard director pay and does not report any change in financial results or company operations.
Trac Pham appointed to the Board on March 9, 2025, effective March 17, 2025
Pham also named to the Audit Committee
Pham was CFO of Synopsys from December 2014 to December 2022
Director pay includes a $60,000 annual cash retainer and a one-time RSU grant valued at $375,000
PTC reported first-quarter fiscal 2025 revenue of $565 million, up 3% from $550 million, and GAAP EPS of $0.68 versus $0.55, while non-GAAP EPS was $1.10 versus $1.11. The company lowered its full-year fiscal 2025 revenue and EPS guidance, which matters to shareholders because the outlook for the year is now lower than previously stated.
Q1 fiscal 2025 revenue was $565 million, up 3% from $550 million; GAAP EPS was $0.68 versus $0.55 and non-GAAP EPS was $1.10 versus $1.11.
FY2025 revenue guidance was lowered to $2.43 billion to $2.53 billion from $2.505 billion to $2.605 billion.
FY2025 non-GAAP EPS guidance was lowered to $5.30 to $6.00 from $5.60 to $6.30.
Q1 operating cash flow was $238 million, up 27%, and the company repurchased $75 million of its stock.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PTC filing is on SEC EDGAR ↗. 8-K briefs of other companies →