PTC's Q2: AI-Driven Growth, Strong Guidance

PTCs Q2 earnings soar, with a 8.5% YoY increase in constant currency ARR, hitting $2.388 billion, and a 14% jump in free cash flow. The company divested Kepware and ThingWorx, focusing on intelligent product lifecycle management. PTC is now leveraging AI as a growth driver, with AI agents handling engineering changes and tapping into specialized data. The go-to-market shift is paying off, with better rep productivity, renewals, and a balanced pipeline. Guidance for fiscal twenty twenty-six includes 7.5-9.5% ARR growth, with a new $2 billion share buyback authorization through fiscal twenty twenty-eight. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4e1ba61819aced37