Ptc Inc Stock Price, News & Analysis

PTC reported strong Q2 2025 financial results, exceeding guidance across all metrics. The company achieved 10% constant currency ARR growth, 12% operating cash flow growth, and 13% free cash flow growth. Revenue increased by 6% to $636 million, while operating margin improved to 35%.

Key highlights include earnings per share of $1.35, representing a 42% increase year-over-year. The company maintains a solid financial position with $235 million in cash and reduced gross debt by 31% to $1,393 million. PTC continues its share repurchase program under a $2 billion authorization, with plans to repurchase approximately $75 million in Q3'25.

Due to macroeconomic uncertainty, PTC updated its FY'25 guidance, projecting 7-9% constant currency ARR growth and free cash flow between $840-850 million. The company remains focused on AI-driven growth and helping customers transition into the digital age despite challenging market conditions.

Schaeffler, a leading motion technology company, is upgrading its product development capabilities by adopting PTC's Windchill+ cloud-based product lifecycle management (PLM) solution. This transition from on-premises Windchill to cloud-based Windchill+ marks an expansion of their decade-long strategic partnership.

The move follows Schaeffler's successful merger with Vitesco Technologies in October 2024. The company currently uses PTC's software suite for various functions, including:

• Hardware and software requirements definition (ALM)
• Computer-aided design (CAD)
• Product configuration management (PLM)
• Manufacturing process integration

Both companies plan to collaborate on AI-driven product development initiatives, leveraging PTC's product development portfolio. The cloud transition aims to enhance deployment speed, upgrade capabilities, and collaboration benefits, ultimately accelerating Schaeffler's time to market for its automotive and industrial products.

PTC (NASDAQ: PTC) has announced two significant additions to its Onshape platform: Onshape AI Advisor and Onshape Government. The AI Advisor, built on Amazon Bedrock, provides AI-powered guidance for CAD workflows and PDM best practices, helping teams optimize designs and improve efficiency. Onshape Government, hosted on AWS GovCloud (U.S.), is specifically designed to meet ITAR and EAR compliance requirements for defense contractors and government agencies.

The cloud-native CAD and PDM platform continues to gain momentum, with notable clients including Trek Bikes, Garmin, and AURA AERO. The platform maintains a three-week release cycle, recently adding features like CAM Studio, Render Studio, and PCB Studio. In the education sector, Onshape is experiencing significant growth with over 1.5 million new signups annually, being adopted by prestigious institutions like Duke University and The Ohio State University.

PTC (NASDAQ: PTC), a global software company specializing in digital transformation solutions for industrial and manufacturing companies, has scheduled its fiscal 2025 second quarter earnings release for Wednesday, April 30th, 2025, after market close.

The company will host a live webcast and conference call at 5:00 PM Eastern Time on the same day, where senior management will review the results. Financial materials, including the earnings release, presentation, and data tables, will be available on PTC's Investor Relations website before the call.

PTC currently employs over 7,000 people and serves more than 30,000 customers globally, focusing on enabling companies to transform their design, manufacturing, and service processes for physical products.

PTC (NASDAQ: PTC) has announced the acquisition of IncQuery Group, a company specializing in application lifecycle management (ALM) and systems engineering services for global manufacturers and product companies. The acquisition aims to enhance PTC's capabilities in connecting hardware and software engineering systems while improving collaboration across development teams.

IncQuery Group's expertise will support PTC's focus on transforming engineering and product development processes, helping customers develop products faster with higher quality while meeting regulatory and sustainability requirements. The move follows PTC's recent release of Codebeamer® 3.0 ALM solution and development of Codebeamer AI offering.

PTC (NASDAQ: PTC) has announced the launch of Codebeamer 3.0, an enhanced Application Lifecycle Management (ALM) solution. The new release, announced on March 27, 2025, introduces key features including a modern branching method and scaled working sets to accelerate product development.

The solution offers three main benefits:

• Faster development through simplified team collaboration and reusable product requirements
• Sustainable development via a Sustainability Template that reduces physical prototype needs
• Enhanced quality and compliance through full traceability across products and product lines, particularly beneficial for regulated industries like automotive, aerospace and defense, and medical technology

PTC (NASDAQ: PTC) will showcase its new Windchill AI product lifecycle management assistant at Hannover Messe 2025 (March 31 – April 4). The generative AI-powered PLM solution enables engineers to efficiently access information and make decisions using product data stored in Windchill.

The preview features the Document Vault AI agent, which extracts product-related information from stored documents, focusing on quality control, part specifications, and test results. PTC will also demonstrate Codebeamer AI for requirements management and ServiceMax AI for field service management.

At the event, PTC will showcase additional technologies at Hall 17, Stand D40, including Onshape cloud-native CAD with Apple Vision Pro integration. The company will also participate in partner demonstrations with Microsoft, IDTA, Dell, and OPC Foundation, featuring various digital thread AI applications.

PTC (NASDAQ: PTC) has appointed Trac Pham to its Board of Directors, effective March 17, 2025. Pham, the former Chief Financial Officer of Synopsys, will serve on PTC's Audit Committee. During his tenure at Synopsys, Pham led two significant transformations that scaled the company's revenue from $2.0B to $5.1B while expanding operating margins.

Currently serving on the Boards of UKG and SiFive as Audit Committee Chair, Pham brings extensive experience in financial and operational management. Prior to his CFO role at Synopsys, he led corporate finance, financial planning, and strategy at the company, and held leadership positions at Juniper Networks in corporate planning, strategy, and business development.