Strong Q4 Performance
PTC delivered 8.5% constant currency ARR growth and 16% free cash flow growth year-over-year in Q4.
Strategic Divestiture
PTC announced the divestiture of its Kepware and ThingWorx businesses to TPG, expected to close in the first half of 2026, potentially yielding up to $725 million in cash consideration.
Record Deferred ARR
PTC ended the year with record deferred ARR under contract, providing strong visibility into fiscal '26 and beyond.
Significant Revenue Beat
Revenue exceeded the midpoint of guidance by $140 million, driven by a mix of large multiyear renewals and contracts.
Future Growth Confidence
PTC is on track to deliver $1 billion of free cash flow in fiscal '26 and expects ARR growth of 7% to 9%, with further alignment on Intelligent Product Lifecycle vision.