Impact of Kepware and ThingWorx Divestiture
Quarterly results reflected the Q2 FY2026 divestiture of Kepware and ThingWorx, which generated $46M in revenue in Q3 FY2025; excluding these businesses, ARR grew 7% YoY (9% constant currency) to $2.41B.
At the archive date, PTC INC. was expected to release its Q3 2026 10-Q filing on November 4, 2026, after market close. Last quarter: 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.
EPS Estimate
$1.98
Revenue Estimate
$668.24M
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the PTC page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Quarterly results reflected the Q2 FY2026 divestiture of Kepware and ThingWorx, which generated $46M in revenue in Q3 FY2025; excluding these businesses, ARR grew 7% YoY (9% constant currency) to $2.41B.
License revenue declined 18% YoY to $205.8M in Q3 FY2026, primarily driven by the shortened term duration of a single large contract renewal and expansion.
PLM software revenue fell 12% YoY to $335.8M due to divestitures and European softness, but organic PLM ARR grew 8% led by Windchill and Codebeamer; CAD ARR grew 6% YoY to $240.9M driven by Creo.
Revenue
$600.05M
-6.82% YoY
EPS (Diluted)
$1.03
-11.97% YoY
Gross Margin
81.7%
-1.2 pts YoY
Operating Income
$166.51M
-20.65% YoY
Add PTC to your watchlist to keep its archived reports easy to find. New filing alerts are no longer sent.