PTC Q1 FY26: ARR up 8.4%, operating and free cash flow growth at 13% YoY.

• PTC reports Q1 FY26 results • Intelligent Product Lifecycle vision • Constant currency ARR growth 8.4% • Excluding Kepware and ThingWorx: 9.0% • Operating and free cash flow growth 13% • $2 billion share repurchase authorization • $200 million repurchases in Q1 • Targeting ~$1.115 billion to ~$1.315 billion in FY26 • Embedding AI across portfolio and building common AI infrastructure • Executing on divestiture proceeds for incremental repurchases