PTC Inc

PTC: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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PTC Earnings: On Track to Reach Growth Goals; Early AI Traction Is Encouraging

Luke Yang

May 7, 2026

PTC reported solid second-quarter results, with annual recurring revenue, or ARR, growing 8.5% in constant currency. Revenue of $774 million and earnings per share of $4.98 both topped guidance. Adjusted operating margin improved 600 basis points year over year to 53%.

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PTC Inc

PTC Earnings: On Track to Reach Growth Goals; Early AI Traction Is Encouraging

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