PTC's Q2 2025 Earnings Call: Unpacking Contradictions in Market Positioning, Sales Strategy, and Financial Metrics

PLM competitive positioning and expansion strategy, macroeconomic impact on sales and go-to-market strategy, close rates and market conditions, deferred ARR and financial performance, customer needs and PTC's core offerings are the key contradictions discussed in PTC's latest 2025Q2 earnings call.



Revenue and Earnings Growth:
- PTC reported revenue of $1.1 billion for Q2 2025, up 10% year-over-year (YoY).
- The growth was driven by strong performance in the company's Industrial IoT segment and increased adoption of its software solutions.

Industrial IoT Segment Strength:
- The Industrial IoT segment achieved revenue of $585 million, representing a 13% year-over-year increase.
- This growth was attributed to increased demand for PTC's ThingWorx and Vuforia platforms, which cater to Industry 4.0 and IoT applications.

Software Subscription and Licensing Growth:
- PTC's software subscription and licensing revenue experienced a 12% year-over-year increase to $815 million.
- This growth was primarily supported by the adoption of PTC's Creo and Windchill solutions, as well as increased customer engagement with its portfolio of SaaS offerings.