Technology
Price
$141.02
-6.04%Market Cap
$16.28B
Day High
$147.73
Day Low
$140.00
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.
Key risk: Integration and Customer Adoption of AI Features
Investments in expanding software solutions with artificial intelligence capabilities may fail to yield expected ARR or cash flow growth if product releases are delayed or if enterprise customers are slow to adopt PTC's AI framework.
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