Filing Flows › PTC (PTC) › Guidance history
PTC (PTC) guidance history: what it guided and what it reported
PTC gave guidance in 11 earnings releases on file since Jan 31, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). GAAP tax rate: 2 of 2, on average -1.3 pts against the guided midpoint. Its releases raised guidance twice and lowered it 0 times.
Revenue
Met or beat 1 of 1 periods (1 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY25 | $2.3B (Nov 6, 2024) → raised $2.5B–$2.6B (Feb 5, 2025) | $2.7B | above the range | +7.2% |
GAAP tax rate
Met or beat 2 of 2 periods (0 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 FY26 | 20.0%–25.0% (Jul 29, 2026) | — | to be reported | — |
| FY26 | 20.0%–25.0% (Nov 5, 2025) → reaffirmed 20.0%–25.0% (Feb 4, 2026) → reaffirmed 20.0%–25.0% (May 6, 2026) | — | to be reported | — |
| FY25 | 25.0% (Nov 6, 2024) → reaffirmed 25.0% (Feb 5, 2025) → lowered 20.0%–25.0% (Jul 30, 2025) | 20.2% | within the range | -2.3 pts |
| FY24 | 20.0% (Jan 31, 2024) → reaffirmed 20.0% (May 1, 2024) | 19.8% | within the range | -0.2 pts |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 FY26 | 20.0%–25.0% (Jul 29, 2026) | — | to be reported | — |
| FY26 | 20.0%–25.0% (Nov 5, 2025) → reaffirmed 20.0%–25.0% (Feb 4, 2026) → reaffirmed 20.0%–25.0% (May 6, 2026) | — | to be reported | — |
| FY25 | 25.0% (Nov 6, 2024) → reaffirmed 25.0% (Feb 5, 2025) → lowered 20.0%–25.0% (Jul 30, 2025) | — | — | — |
| FY24 | 20.0% (Jan 31, 2024) → reaffirmed 20.0% (May 1, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 FY26 | $30.0M (May 6, 2026) | $11.3M (GAAP) | not judged | — |
| FY26 | $30.0M (Nov 5, 2025) → reaffirmed $30.0M (Feb 4, 2026) | — | to be reported | — |
| FY25 | $15.0M (Nov 6, 2024) → reaffirmed $15.0M (Feb 5, 2025) → lowered $10.0M (Jul 30, 2025) | $11.0M (GAAP) | not judged | — |
| FY24 | $20.0M (Jan 31, 2024) → reaffirmed $20.0M (May 1, 2024) → lowered $15.0M (Jul 31, 2024) | $14.4M (GAAP) | not judged | — |
Operating cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | $1.0B (Nov 5, 2025) | — | to be reported | — |
| FY25 | $750M (Nov 6, 2024) → raised $850M–$865M (Feb 5, 2025) | $868M (GAAP) | not judged | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | $1.0B (Nov 5, 2025) | — | to be reported | — |
| FY25 | $736M (Nov 6, 2024) → raised $835M–$850M (Feb 5, 2025) | $857M (GAAP) | not judged | — |
The latest quarter
PTC, Q4 FY26: revenue $673M (-25% year over year), operating margin 31.6%, net earnings $157M, operating cash flow $47.3M. The chart follows the revenue to costs, profit and cash.
Questions
Does PTC beat its guidance?
PTC gave guidance in 11 earnings releases on file since Jan 31, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). GAAP tax rate: 2 of 2, on average -1.3 pts against the guided midpoint.
How often does PTC raise guidance?
Its earnings releases raised guidance twice and lowered it 0 times since Jan 31, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.