Software firm PTC sets $850M free cash flow goal for FY 2026 and raises non-GAAP EPS guidance to $6.65-$8.90.
PTC raised its fiscal 2026 free cash flow target to $850M and increased its non-GAAP earnings per share outlook to a range of $6.65 to $8.90. The company cited an AI-driven modernization push as a key driver behind the revised projections.
The updated guidance follows prior expectations and reflects stronger operational performance. PTC’s previous EPS outlook for FY 2026 was not disclosed, but the new range signals confidence in sustained growth amid digital transformation demand.
Shares of PTC traded slightly higher in after-hours following the announcement, though broader market reaction remained muted.