PTCPTC Inc.

Technology · Software · Nasdaq

PTC is a global software company headquartered in Boston, Massachusetts. 10-K, Item 1

Employees: 7,642
Headquarters: Boston, MA
CEO: Neil Barua
Next results: around Feb 3, 2027

RevenueFY2016–25 $2.7B+19.2% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $734.0M+95.0% Highest in 10 years 10-K FY2025 · XBRL Free cash flowFY2016–25 $856.7M+16.5% Highest in 10 years 10-K FY2025 · XBRL Operating marginFY2016–25 35.9%+10.3 pts -3.2% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Nov 21, 2025 against Nov 14, 2024

Area	What changed	Source
Risk factors	11 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Critical audit matters changed	New this year: F-2 (“Addressing the matter involved performing procedures and evaluating audit evidence in connection with forming our overall opinion on the consolidated financial statements. These procedures included testing the effectiveness of controls relating to the revenue recognition process, including controls ”). Same as last year: Revenue Recognition - Identification of Distinct Performance Obligations	10-K · XBRL
Accounting checks	9 other checks clear, 1 worth a look	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	1 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Nov 21, 2025

Paragraphs in Risk Factors that were not in the 10-K filed 2024-11-14. Quoted as filed.

We are subject to increasing, evolving, and conflicting expectations and scrutiny with respect to our sustainability disclosures and initiatives. Failure to meet stakeholder expectations or actual or perceived inconsistencies or inaccuracies in our sustainability disclosures could result in reputational harm, regulatory investigations,…
10-K, Item 1A

All 11 new paragraphs →

Accounting checks

latest 10-K

9 of 10 clear 1 worth a look. Checks, not verdicts.

!
Critical audit matters changedNew this year: F-2 (“Addressing the matter involved performing procedures and evaluating audit evidence in connection with forming our overall opinion on the consolidated financial statements. These procedures included testing the effectiveness of controls relating to the revenue recognition process, including controls ”). Same as last year: Revenue Recognition - Identification of Distinct Performance Obligations
✓
Receivables +16.1% vs revenue +19.2% (-3.0 pts)
✓
Cash from operations $867.7M vs net income $734.0M (FY ending 2025-09-30)
✓
Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nov 4, 20268-K Quarterly results 8-K item 2.02

Get an email when this changes: new risk paragraphs, accounting items, insider purchases, a new 10-K or 10-Q. RSS feed

Work on PTC in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/PTC/export.csv") into a cell.