Revenue Growth
PTC's revenue increased by 21.7% year-over-year, reaching $774.3 million, driven by strong demand across its product lines.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
PTC reported strong financial performance in Q2 FY2026 with significant increases in revenue, net income, and EPS, driven by improved margins and effective cost management.
Revenue
$774.3M
+21.68% YoY
EPS (Diluted)
$4.98
+268.89% YoY
Gross Margin
85.3%
+2.0 pts YoY
Operating Income
$295.8M
+32.37% YoY
Source: SEC XBRL
Ptc (PTC) reported Q2 FY2026 revenue of $774.3M, up 21.7% year over year. Operating margin was 38.2%, up 3.1 points from 35.1% a year earlier. PTC's fiscal Q2 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 1.58 | 1.58 | Miss -0.2% |
| Mar 2026This filing | 2.69 | 2.13 | Beat +26.4% |
| Dec 2025 | 1.92 | 1.58 | Beat +21.6% |
| Sep 2025 | 3.47 | 2.29 | Beat +51.3% |
Adjusted (non-GAAP) EPS of $2.69 versus the $2.13 analyst consensus — a +26.4% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $4.98.
Compiled by AI from this SEC filing
PTC's revenue increased by 21.7% year-over-year, reaching $774.3 million, driven by strong demand across its product lines.
Source: 10-Q Income Statement
The cost of revenue rose only 6.9%, significantly lower than the revenue growth, contributing to a 24.6% increase in gross profit.
Source: 10-Q Income Statement
Net income surged by 263.2% to $590.7 million, reflecting improved operational efficiency and lower interest expenses.
Source: 10-Q Income Statement
Compiled by AI from this SEC filing · 1 high, 2 medium, 0 low
PTC's performance is heavily reliant on a few key markets, which could impact revenue if demand fluctuates.
Source: General Analysis
Fluctuations in currency exchange rates could affect international revenue and profitability.
Source: General Analysis
Rapid technological advancements could render PTC's products obsolete if not addressed timely.
Source: General Analysis
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $M | 774.30 $M | 636.37 $M | +21.68% |
Cost of Revenue $M | 113.62 $M | 106.26 $M | +6.92% |
Gross Profit $M | 660.69 $M | 530.10 $M | +24.63% |
Operating Income $M | 295.80 $M | 223.46 $M | +32.37% |
Net Income $M | 590.72 $M | 162.64 $M | +263.20% |
EPS (Basic) $ | 5.00 $ | 1.35 $ | +270.37% |
EPS (Diluted) $ | 4.98 $ | 1.35 $ | +268.89% |
R&D Expense $M | 124.13 $M | 111.02 $M | +11.81% |
Answers draw on this SEC filing and the data on this page
PTC reported a 6.8% year-over-year revenue decline to $600.05M in Q3 FY2026 due to the divestiture of its Kepware and ThingWorx businesses and a shortened large license contract duration, while ARR excluding divested businesses grew 7% year-over-year.
PTC delivered a standout Q1 FY2026 with revenue surging 21.4% YoY to $685.8M and net income more than doubling to $166.5M, driven by strong operating leverage that expanded operating margin by nearly 12 percentage points.
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