PTC (PTC) Q4 2026 earnings summary

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.