PTC Inc. (PTC)

PTC’s third fiscal quarter of 2026 came in mixed versus consensus, with adjusted EPS of $1.58 in line with the $1.57 estimate (+0.6%) but revenue of $600.0 million trailing the $611.6 million estimate (-1.9%), as the company reported results on July 29, 2026. On a year-over-year basis, revenue fell 6.8% to roughly $600 million from $643.9 million a year ago, while profitability held at high levels with gross margin near 82% and operating margin around 28%. Net income declined 16% to about $118.8 million versus $141.3 million a year ago, and adjusted EPS slipped 3.7% to $1.58 from $1.64. The quarter generated operating cash flow of about $260.6 million, and PTC repurchased roughly $500 million of stock. For the next period, consensus calls for EPS of $1.96 on revenue of $660.3 million.