PTC said ARR at the end of 25 was $2.48 billion, up 10% from 24 (8.5% on a constant currency basis), and annual revenue grew 19% (18% constant currency).

1. 01

   PTC said ARR at the end of 25 was $2.48 billion, up 10% from 24 (8.5% on a constant currency basis), and annual revenue grew 19% (18% constant currency).

2. 02

   The company said cash provided by operating activities in 25 grew 16% to $868 million, and free cash flow grew 16% to $857 million. It added that interest payments were $59 million lower than in 24.

3. 03

   PTC said it made net debt repayments of $553 million and repurchased $300 million of common stock (1.65 million shares) in 25, and ended the year with cash and cash equivalents of $184 million and gross debt of $1.20 billion at a weighted average interest rate of 4.9%.

4. 04

   The company said on November 5, 2025 it entered into a definitive agreement with an affiliate of TPG to sell its Kepware and ThingWorx businesses for total consideration of up to $725 million if certain targets are achieved, and may receive up to $600 million upon closing.

Key figures

Fiscal year ended September 30, 2025

Revenue

$2.7B

Operating income

$982M

Net income

$734M

EPS

$6.08

Gross profit

$2.3B

Operating cash flow

$868M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.