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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
PTC
PTC (PTC) investor relations material
PTC Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2026 earnings summary4 Nov, 2026
Executive summary
FY26 revenue was $2.733B, essentially flat reported and down 2% YoY at constant currency; Q4 revenue fell 25% reported and 24% at constant currency.
FY26 non-GAAP EPS rose 4% to $8.24, while Q4 non-GAAP EPS declined 40% to $2.03; results include significant divestiture-related effects.
Financial highlights
Q4 revenue was $673.3M vs $893.8M; GAAP operating income was $212.6M vs $433.6M, and net income was $157.3M vs $347.8M.
FY26 net income was $1.033B vs $734.0M; GAAP diluted EPS was $8.93 vs $6.08, with the FY26 comparison including a large divestiture gain.
FY26 non-GAAP net income was $953.7M vs $958.8M; non-GAAP diluted EPS was $8.24 vs $7.94.
Outlook and guidance
Following the announced definitive acquisition agreement with Schneider Electric, quarterly earnings calls are suspended and quarterly and annual guidance is no longer being provided.
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Latest events from PTC
- Board backs Schneider’s $205 cash deal, pending shareholder and regulatory approvals.PTC
Proxy filing - A $22.6B cash acquisition targets Q3 2027 closing, subject to approvals.PTCProxy filing
- A €22bn cash deal links industrial software with energy and operational intelligence.PTCM&A announcement
- Schneider Electric’s $205-per-share cash acquisition awaits shareholder and regulatory approval.PTCProxy filing
- Jetstream and Orbit launched, AI integrated across workflows, and new pricing models introduced.PTCCiti’s 2026 Global TMT Conference
- Q3'26 saw 9.1% ARR growth, strong cash flow, and raised FY'26 guidance amid divestiture impacts.PTCQ3 2026
- ALM market growth and transformation create major opportunities for partners in complex industries.PTCStatus update
- AI-driven product lifecycle innovation and SaaS adoption are fueling growth and competitive wins.PTCMorgan Stanley Technology, Media & Telecom Conference 2026
- Q1'25 ARR up 11% constant currency, free cash flow up 29%, and $75M in share buybacks.PTCQ1 2025
Next PTC earnings date
Q1 20273 Feb, 2027
PTC
Next PTC earnings date
Q1 20273 Feb, 2027
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Frequently asked questions
CAD, IoT, Augmented Reality, and More
Founded in 1985, PTC Inc. is a global software company that aids businesses in the design, manufacture, operation, and service of products. With a diverse portfolio that spans Internet of Things (IoT), augmented reality (AR), computer-aided design (CAD), and even a program for Product Lifecycle Management (PLM). PTC is headquartered in Boston and has grown to serve a myriad of industries.
Evolution from CAD Pioneer to Digital Solutions Leader
PTC’s journey began as a trailblazer in 3D CAD software. In the late 1980s and 1990s, the company launched Pro/ENGINEER, the industry's first rule-based constraint (parametric) CAD software. This software revolutionized product design by allowing engineers to create 3D digital prototypes of their products, enhancing the overall design process. Over the years, PTC expanded its software suite to include solutions that cover the entire product lifecycle, from conception and design to service and retirement.
Solutions for the Modern Industrial Landscape
At the heart of PTC's offerings is its comprehensive suite of software tools tailored to meet the demands of today's industries. Their CAD solutions, led by the flagship product Creo, enable product designers and engineers to visualize, analyze, and verify complex product designs. Through advanced simulation tools and a user-friendly interface, Creo has become the preferred choice for many enterprises.
Moreover, with the Vuforia AR platform, PTC provides tools for developers to create immersive augmented reality applications. These AR applications can be used in a variety of sectors, from education and marketing to manufacturing and service, making the process of information consumption more interactive and intuitive. When looking at companies supplying similar services, one finds names such as Oracle, SAP, IBM, and many more.
Internet of Things
PTC saw the increasing value of the Internet of Things and the potential of augmented reality in industrial settings. By strategically acquiring companies and expanding their product suite, PTC positioned itself at the forefront of the IoT and AR revolutions. Their ThingWorx platform, for instance, offers a comprehensive IoT solution, enabling businesses to create and run applications for connected products.