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PTC10-Q: Restructuring charge

PTC plans to divest its Kepware and ThingWorx businesses

What happened

The company is incurring costs related to the anticipated divestiture of its Kepware and ThingWorx business units.

Source

SEC EDGARFeb 5, 2026

Quarterly report (Form 10-Q)

PTC 10-Q

Filing excerpt

In Q1'26, we recognized a $0.8 million financing charge related to a debt commitment agreement associated with our anticipated divestiture of the Kepware and ThingWorx businesses.

sec.gov/Archives/edgar/data/857005/000119312526039347/ptc-20251231.htmRead the full source

Other signals in this filing (4)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Restructuring charge

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

Fiscal year end
12/31
Filed
Feb 5, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$800K (Financing charge for anticipated divestiture of Kepware and ThingWorx)

Details

CIK
857005
Accession number
0001193125-26-039347
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Vendor review likely
Signal category
Financial

Topics and mentions

Technologies

  • Kepware
  • ThingWorx

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
Feb 10, 2026
signal_type
sec-10q
signal_subtype
restructuringCharge

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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/98c6921f-b781-4003-820d-25774e7f3a4d returns this record as JSON. POST /v1/companies/enrich returns every signal for ptc.com.

{
  "signal_id": "98c6921f-b781-4003-820d-25774e7f3a4d",
  "signal_type": "sec-10q",
  "signal_subtype": "restructuringCharge",
  "detected_at": "2026-02-10T08:23:15.593+00:00",
  "company": {
    "name": "PTC",
    "domain": "ptc.com"
  },
  "data": {
    "detail": "The company is incurring costs related to the anticipated divestiture of its Kepware and ThingWorx business units. This major corporate restructuring will create significant operational and IT complexity, requiring system separation, data migration, and the establishment of new standalone processes, triggering vendor evaluations.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Financing charge for anticipated divestiture of Kepware and ThingWorx",
      "dollar_millions": 0.8
    },
    "summary": "PTC plans to divest its Kepware and ThingWorx businesses",
    "excerpts": "In Q1'26, we recognized a $0.8 million financing charge related to a debt commitment agreement associated with our anticipated divestiture of the Kepware and ThingWorx businesses.",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/857005/000119312526039347/ptc-20251231.htm",
    "filing_date": "2026-02-05",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Vendor review likely",
    "signal_category": "financial",
    "technologies_mentioned": [
      "Kepware",
      "ThingWorx"
    ]
  }
}

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