10-Q · latest 9
What PTC's 10-Q filings say
- SEC EDGAR
10-Q
Filed · 4 signals
PTC divests Kepware and ThingWorx businesses, recognizing a $462.6M gain
The sale of these two major business units represents a significant strategic shift and organizational restructuring.
$462.6M
Gains recognized on the sale of the Kepware and ThingWorx businesses
KepwareThingWorx
PTC incurs $40.0M in charges related to divestiture of Kepware and ThingWorx businesses.
A significant increase in transaction charges to $40.0M in the first nine months of FY26, up from $2.4M YoY, is linked to the sale of its Kepware and ThingWorx businesses.
$40M
Acquisition and transaction-related charges for nine months ended June 30, 2026
PTC's acquisition-related charges surged to $40.0M YTD, indicating major integration activity.
The company's spending on acquisition and transaction-related activities increased more than 16-fold year-over-year to $40.0 million for the nine-month period.
$40M
Acquisition and transaction-related charges for the nine months ended June 30, 2026
- SEC EDGAR
10-Q
Filed · 4 signals
PTC divests Kepware and ThingWorx businesses, generating $462.6M in gains in Q2 2026
PTC completed the sale of its Kepware and ThingWorx business units, a major strategic shift to streamline its portfolio.
$462.6M
Gains on the sale of Kepware and ThingWorx businesses
KepwareThingWorx
PTC incurs $26.5M in charges for divesting its Kepware and ThingWorx businesses.
The company incurred significant transaction-related charges linked to the sale of two business units, Kepware and ThingWorx.
$26.5M
Acquisition and transaction-related charges for the three months ended March 31, 2026.
PLM
PTC incurred $26.5M in transaction-related charges in Q2 2026, a 44x increase YoY
The company reported a significant spike in acquisition and transaction-related charges to $26.5 million this quarter, up from just $0.6 million the prior year, linked to its recent divestitures.
$26.5M
Acquisition and transaction-related charges
- SEC EDGAR
10-Q
Filed · 5 signals
PTC planning divestiture of Kepware and ThingWorx businesses, incurring $0.8M in related charges.
The company is actively planning to sell its Kepware and ThingWorx business units, incurring financing charges for the anticipated transaction.
$0.8M
Financing charge related to a debt commitment agreement for an anticipated divestiture.
KepwareThingWorx
Acquisition and transaction-related charges surged to $10.7M in Q1'26
PTC's costs for M&A activity increased more than 50x year-over-year, from $0.2M to $10.7M.
$10.7M
Acquisition and transaction-related charges
The company's acquisition and transaction-related charges increased from $0.2M to $10.7M year-over-year.
$10.7M
Acquisition and transaction-related charges for the three months ended December 31, 2025.
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PTC earnings headlines
From earnings call transcripts (Signal API type earnings-transcripts).
| Call date | What the company said |
|---|---|
| Closed largest-ever AI deal, validating significant ROI and driving customer adoptionThe company secured a near 7-figure ServiceMax AI deal, its largest to date, with a major industrial automation company. A pilot proved the AI solution reduces technician prep time by 50% and improves productivity by 4%, signaling a strong focus on monetizing and deploying AI capabilities with clear business outcomes. | |
| Competitive displacement value has doubled year-over-year, winning against rivalsLeadership reports that the aggregate value of competitive displacements has doubled compared to the previous year, indicating successful go-to-market execution and product superiority. A notable example is a major PLM win against a competitor with a large defense contractor. | |
| Customers investing in product data foundations as a strategic enterprise assetCustomers are increasingly recognizing their product data as a strategic asset and are investing in PTC's systems (CAD, PLM, ALM) to build robust data foundations. This trend is driven by the need to improve decision-making and enable effective AI adoption. | |
| Raised annual ARR, revenue, and EPS guidance, signaling strong business momentumThe company increased its annual ARR growth guidance midpoint to 9.25% and also raised its full-year revenue and non-GAAP EPS guidance. This indicates strong financial health and confidence in future performance, suggesting budget availability for strategic projects. | |
| Accelerating innovation with new AI-native products and platform releasesPTC is actively launching new products, including Creo AI, the AI-native PTC Orbit, and Onshape Labs. Additionally, PTC Jetstream is in beta and scheduled for general availability in early Q1 2027, demonstrating a strong commitment to expanding its portfolio and addressing emerging customer needs. | |
| Secured largest-ever Onshape deal with Winnebago, driven by AI strategyPTC achieved its largest-ever win for its cloud-native Onshape platform with Winnebago. The customer's decision was inspired by the platform's ability to serve as a product data foundation for leveraging AI, highlighting a key growth driver for the company's cloud solutions. |
Signal API · MCP
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-H "Content-Type: application/json" \
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Questions about PTC 10-Q
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Source. Quarterly reports (Form 10-Q) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .