BOSTON, MA, Nov 6, 2025 – PTC has announced its Q4 FY25 results, reporting $894M in revenue – a 38.8% increase from $644M in Q3 FY25 – with a profit of $355M.
Fourth Quarter Financial Highlights
- ARR increased 10% to $2.48B
- Operating cash flow grew 6% to $104M; free cash flow rose 7% to $100M
- GAAP operating margin improved to 49%, up from 31%
- Earnings per share reached $2.94, up 182% year over year
- Growth in CAD, PLM, ALM, and SLM segments
- Focus on delivering Intelligent Product Lifecycle strategy through the divestiture of Kepware industrial connectivity and ThingWorx IoT businesses


“Q4 capped a year of solid execution and focus. The divestiture of Kepware and ThingWorx will sharpen our portfolio around CAD, PLM, ALM, and SLM – the foundation of our Intelligent Product Lifecycle vision,” said Neil Barua, president and CEO, PTC.
“In FY’26 we will have a simpler portfolio, record deferred ARR, and the financial flexibility to accelerate both innovation and capital returns,” concluded Barua.
A detailed chart outlining the financial results is available here, providing a comprehensive breakdown of key metrics and performance indicators for better insight into the company’s financial standing.
Source: PTC
About PTC

PTC Inc., founded in 1985 and based in Boston, develops software for digital transformation across industries. Its offerings include product lifecycle management, computer-aided design, the industrial internet of things, and augmented reality. These tools support product design, manufacturing and service operations. PTC serves sectors such as aerospace, automotive, electronics and industrial equipment. Its software is used by more than 30,000 customers globally, including 95% of Fortune 500 discrete manufacturers. With approximately 7,500 employees worldwide, the company continues to grow through a subscription-based model, focusing on enabling efficient, digital product innovation.