PTC Inc. (PTC) Earnings Call Transcripts

PTC Inc.'s Latest Earnings Call - Q3 FY2026

In Q3 2026, PTC Inc. reported strong financial performance, highlighted by $600 million in revenue and $60 million of net new ARR, exceeding expectations. The company raised its ARR growth guidance to a midpoint of 9.25% for the fiscal year, reflecting strong demand and execution in its go-to-market strategy. Management signaled confidence in Q4, anticipating a considerable step-up in net new ARR driven by a robust pipeline and deferred revenue conversion.

Reported metrics

Guidance from management

PTC raised its fiscal 2026 ARR growth guidance to a range of 9% to 9.5%, with a midpoint of 9.25%. They expect a considerable step-up in net new ARR in Q4, driven by strong demand generation and deferred ARR conversion.

What management said

Yes. Thanks for the question. I laid out context on last quarter's call around this. And even with the increase in our guidance from 9% to 9.5%, that context still remains. And what I shared last quarter was that for us to accelerate growth, what you need to believe at a minimum is that we can, on a net new ARR business perform on a like-for-like basis next year as we did this year. And then you add in the deferred A...

Yes. Thanks for the question. We did make an investment in solar as we think about extending our green footprint, and there will be, over time, impact of savings from a tax perspective over the medium term.

What analysts pressed on

Analysts expressed concerns about the revenue miss in Q3 and the impact of a shortened contract duration on future performance. Additionally, there were questions regarding the sustainability of the go-to-market transformation and how it would affect ARR growth in FY '27.

Main topics on the call

• Strong Demand Capture — PTC generated $60 million of net new ARR in Q3, exceeding the high end of guidance. CEO Neil Barua stated, "We are seeing the results of the transformation in our customer wins, including deeper vertical expertise and be...
• AI Innovation Driving Growth — Management highlighted that AI is becoming a significant tailwind for the business, with AI capabilities integrated into their product offerings. Barua noted, "AI will be a tailwind for our business because AI requires o...
• Increased Capital Return — PTC repurchased $525 million of common stock in Q3, more than double its previous target. CFO Jen DiRico mentioned, "For the full year, we expect common stock repurchases to be approximately $1.625 billion, an increase t...
• Guidance Upgrades — The company raised its fiscal 2026 ARR growth guidance to 9% to 9.5%, with a midpoint of 9.25%. DiRico stated, "We are entering Q4 from a place of strength and are well positioned for a strong finish to the year."

Read the full PTC Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 113 PTC Inc. earnings call transcripts on record, spanning January 22, 2020 to July 29, 2026. Based on this history, PTC Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PTC

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Software

Calls on record

113

First call

January 22, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly