PTC Inc

PTC: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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PTC Earnings: Solid Earnings Overshadowed by Modest Outlook and Sale of Kepware and ThingWorx

Eric Compton , Dhruv Kothari

Nov 6, 2025

PTC's fiscal fourth-quarter results included revenue up 43% year over year and non-GAAP operating margin up 1,470 basis points, both exceeding forecasts. Key metrics like annual run rate, which grew 10% year on year, and pipeline velocity look healthy.

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PTC Inc

PTC Earnings: Solid Earnings Overshadowed by Modest Outlook and Sale of Kepware and ThingWorx

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