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PTC10-Q: Restructuring

PTC divests Kepware and ThingWorx businesses, recognizing a $462.6M gain

What happened

The sale of these two major business units represents a significant strategic shift and organizational restructuring.

Source

SEC EDGARJul 31, 2026

Quarterly report (Form 10-Q)

PTC 10-Q

Filing excerpt

In Q2'26, we recognized gains of $462.6 million on the sale of the Kepware and ThingWorx businesses...

sec.gov/Archives/edgar/data/857005/000119312526328444/ptc-20260630.htmRead the full source

Other signals in this filing (3)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Jul 31, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$463M (Gains recognized on the sale of the Kepware and ThingWorx businesses)

Details

CIK
857005
Accession number
0001193125-26-328444
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Change management needs
Signal category
Workforce

Topics and mentions

Technologies

  • Kepware
  • ThingWorx

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
Aug 4, 2026
signal_type
sec-10q
signal_subtype
restructuring

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d8624922-a2a0-4321-a54a-ec8e5127cc35 returns this record as JSON. POST /v1/companies/enrich returns every signal for ptc.com.

{
  "signal_id": "d8624922-a2a0-4321-a54a-ec8e5127cc35",
  "signal_type": "sec-10q",
  "signal_subtype": "restructuring",
  "detected_at": "2026-08-04T07:07:41.885+00:00",
  "company": {
    "name": "PTC",
    "domain": "ptc.com"
  },
  "data": {
    "detail": "The sale of these two major business units represents a significant strategic shift and organizational restructuring. This event often triggers reviews of associated software, systems, and personnel, creating opportunities for new vendor solutions to support the refocused company.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Gains recognized on the sale of the Kepware and ThingWorx businesses",
      "dollar_millions": 462.6
    },
    "summary": "PTC divests Kepware and ThingWorx businesses, recognizing a $462.6M gain",
    "excerpts": "In Q2'26, we recognized gains of $462.6 million on the sale of the Kepware and ThingWorx businesses...",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526328444/ptc-20260630.htm",
    "filing_date": "2026-07-31",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Change management needs",
    "signal_category": "workforce",
    "technologies_mentioned": [
      "Kepware",
      "ThingWorx"
    ]
  }
}

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