PTC Inc Q2 Earnings Beat 9% Surge

PTC Inc posted Q2 FY2026 adjusted EPS of $2.69, surpassing the $2.10 consensus by $0.59, a 31% beat.
Revenue reached $774 million, a 22% year‑over‑year increase, beating the $711.9 million consensus estimate for the quarter in Q2.
Operating cash flow $321 million and free cash flow $318 million rose 14%, propelling the stock up 9.7% in after‑hours trading.
PTC used about $625 million for share repurchases and unveiled a $2 billion buyback program for FY27‑28, targeting $1.225‑$1.325 billion in FY26.