PTC (PTC) Q2 FY26 earnings call

PTC delivered a strong quarter, driven by robust constant currency ARR growth and exceeding free cash flow guidance. The company is now fully focused on its intelligent product life cycle vision following a recent divestiture, with AI serving as a key catalyst for customer modernization demand. Go-to-market transformation efforts are gaining traction, leading to improved rep productivity and a high-quality pipeline, positioning PTC for continued momentum in the second half of the fiscal year.