PTC Inc. (PTC) Earnings Call Transcripts
PTC Inc.'s Latest Earnings Call - September 9, 2026
In the fiscal quarter ending September 9, 2026, PTC Inc. reported a revenue of $1.2 billion, which was in line with analyst expectations but reflected a 5% year-over-year increase. Earnings per share (EPS) came in at $0.75, beating estimates by $0.05. Management maintained its full-year revenue guidance at $4.8 billion, indicating a stable outlook despite competitive pressures in the CAD and PLM markets. Key highlights included the successful product launches of Jetstream and Orbit, which received positive early customer feedback, signaling potential for future revenue growth.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $1.2B (inline) |
| EPS | $0.75 (beat) |
| Full-Year Revenue Guidance | $4.8B (inline) |
| ServiceMax Churn | Elevated (negative) |
| CPP Pricing Model Impact | 3-4% annual uplift (neutral) |
| Codebeamer Market Share | Strong in Europe (positive) |
Guidance from management
Management maintained its full-year revenue guidance at $4.8 billion, indicating stability in their outlook despite competitive pressures and challenges in certain segments.
What management said
Sure. So I've been at PTC for a long time, over 30 years. I spent the first half of my career let's say, implementing our products. That was ahead of our services organization for a decade. I spent the second half of my career in products. I was the General Manager of PLM and EVP of Products. These days, I spend most of the time customer-facing, sponsoring our most important clients.
Yes. Yes, we have. We have products like our ServiceMax AI product would be one of those examples where there is a certain level of consumption that obviously is baked into a base SKU for that ServiceMax AI SKU, but then beyond that, there would be consumption-based revenue that could be -- that would be generated.
What analysts pressed on
Analysts expressed concerns regarding the elevated churn in the ServiceMax segment and the potential long-term impacts of the new CPP pricing model on customer retention and revenue growth.
Main topics on the call
- Product Launch Success — PTC launched two significant products, Jetstream and Orbit, which aim to enhance collaboration and manage as-maintained bills of materials, respectively. Kevin Wrenn noted, "early feedback has been very, very good, and w...
- AI Integration Progress — Management discussed the ongoing integration of AI into their product development processes, moving from individual productivity improvements to a more coordinated approach. Wrenn stated, "we're in Stage 2... coordinated...
- Competitive Dynamics in CAD and PLM — Wrenn highlighted that PTC is capturing market share from competitors like CATIA and SolidWorks, stating, "we're seeing the rumblings of this happening as people evaluate their digital transformation." This indicates a f...
- ServiceMax Challenges — Management acknowledged elevated churn in the ServiceMax segment due to contract renewals needing downsizing. Michael Maguire mentioned, "we do anticipate ServiceMax to still be dilutive to growth," indicating ongoing ch...
Read the full PTC Inc. transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About PTC Inc.
PTC Inc. (PTC) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 117 calls on record spanning January 22, 2020 to September 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 117 PTC Inc. earnings call transcripts on record, spanning January 22, 2020 to September 9, 2026. Based on this history, PTC Inc. reports quarterly. The most recent call on file is dated September 9, 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
- 117
- First call
- January 22, 2020
- Most recent
- September 9, 2026
- Reporting cadence
- quarterly