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Dec 31, 2024

PTC Q1 2025 Earnings Report

Expected Revenue:$557M
+3.4% YoY
Expected EPS:$0.91
7.1% YoY

Key Takeaways

PTC reported solid first fiscal quarter 2025 results with 11% year-over-year constant currency ARR growth and cash flow growth above 25%. The company began realigning its go-to-market organization to align with the vertical industries it serves.

Delivered solid year-over-year constant currency ARR growth of 11%.

Cash flow growth was above 25%.

Began realignment of go-to-market organization to align with vertical industries served.

Resumed share repurchases, buying back $75 million worth of stock.

Total Revenue
$565M
Previous year: $550M
+2.7%
ARR
$2.21B
Previous year: $2.06B
+7.2%
Gross Profit
$442M
Previous year: $440M
+0.4%
Cash and Equivalents
$196M
Previous year: $265M
-25.9%
Free Cash Flow
$236M
Previous year: $183M
+28.9%
Total Assets
$6.08B
Previous year: $6.27B
-3.1%

PTC

PTC

PTC Revenue by Segment

Forward Guidance

PTC expects Q2’25 constant currency ARR growth of approximately 9.5% and free cash flow of approximately $270 million. The company intends to continue to execute on its share repurchase program, with approximately $75 million of buy backs expected in Q2’25.

Positive Outlook

  • Expects Q2’25 constant currency ARR growth of approximately 9.5%.
  • Expects Q2’25 free cash flow of approximately $270 million.
  • Intends to continue to execute on share repurchase program.
  • Approximately $75 million of buy backs expected in Q2’25.