PTC Forecasts Constant Currency ARR Growth for FY 2026
PTC Inc. (NASDAQ: PTC) has raised its share repurchase target to approximately $1.625 billion and forecasts constant currency Annual Recurring Revenue (ARR) growth of between 9% and 9.5% in fiscal year 2026. The company reported strong performance during Q3, highlighting the generation of $60 million in net new ARR for the quarter. Both year-over-year constant currency ARR and free cash flow exceeded expectations at the high end of previous guidance ranges. This indicates continued momentum in PTC's business model and customer retention strategies.
Tickers: $PTC
Topics: ARR growth earnings free cash flow