Press release
PTC ANNOUNCES FOURTH FISCAL QUARTER AND FULL FISCAL YEAR 2025 RESULTS
Posts record annual cash flow; Strategic focus positions company for durable growth Solid execution in FY'25 Constant currency ARR growth of 8.5% Record
About this update from Ptc Inc.
[{"type":"text","content":"\n Posts record annual cash flow; Strategic focus positions company for durable growth\n \n \n \n Solid execution in FY'25\n \n \n Constant currency ARR growth of 8.5%\n \n \n Record operating and free cash flow, growth of 16%\n \n \n \n \n Strategic focus on delivering Intelligent Product Lifecycle vision with divestiture of Kepware industrial connectivity and ThingWorx Internet of Things (IoT) businesses\n \n \n Continuing to build a strong foundation for AI-driven and verticalized growth\n \n \n Introducing FY'26 guidance for constant currency ARR growth of 7% to 9%, operating cash flow of approximately $1.03 billion, and free cash flow of approximately $1 billion (including Kepware and ThingWorx for the full year); to be updated when the divestiture is closed\n \n \n Increasing share repurchases under our $2 billion authorization, with approximately $200 million expected in Q1'26\n \n \n \n BOSTON, Nov. 5, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2025.\n \n \n \n \n \n \n \n \"Q4 capped a year of solid execution and focus. The divestiture of Kepware and ThingWorx will sharpen our portfolio around CAD, PLM, ALM, and SLM – the foundation of our Intelligent Product Lifecycle vision,\" said Neil Barua, President and CEO, PTC.\n \"In FY'26 we will have a simpler portfolio, record deferred ARR, and the financial flexibility to accelerate both innovation and capital returns,\" concluded Barua.\n \n Fourth Fiscal Quarter and Full Fiscal Year 2025 Key Operating and Financial Metrics1\n \n \n \n \n \n \n \n $ in millions, except per share amounts\n \n \n \n \n \n \n Q4'25\n \n \n \n \n \n \n Q4'24\n \n \n \n \n \n \n YoY Change\n \n \n \n \n \n \n \n \n \n Q4'25Guidance\n \n \n \n \n \n \n \n ARR as reported\n \n \n \n \n $2,478\n \n \n \n \n $2,255\n \n \n \n \n 10 %\n \n \n \n \n \n \n \n \n \n \n \n \n Constant currency ARR (FY'25 Plan FXrates2)\n \n \n \n \n $2,446\n \n \n \n \n $2,255\n \n \n \n \n 8.5 %\n \n \n \n \n \n \n \n 8% to 9%growth\n \n \n \n \n \n \n Operating cash flow\n \n \n \n \n $104\n \n \n \n \n $98\n \n \n \n \n 6 %\n \n \n \n \n \n \n \n $93 to $98\n \n \n \n \n \n \n Free cash flow\n \n \n \n \n $100\n \n \n \n \n $94\n \n \n \n \n 7 %\n \n \n \n \n \n \n \n $90 to $95\n \n \n \n \n \n \n Revenue3\n \n \n \n ...