Company: PTC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000950170-25-100879
Chunk: 7

Company: PTC INC.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 7
---
PTC Inc.

CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

(unaudited)

     June 30, 2025

     September 30, 2024

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     199,321

     $
     265,808

     Accounts receivable, net of allowance for doubtful accounts of $1,404 and $1,180 at June 30, 2025 and September 30, 2024, respectively

     712,710

     861,953

     Prepaid expenses

     109,756

     102,931

     Other current assets

     67,938

     68,013

     Total current assets

     1,089,725

     1,298,705

     Property and equipment, net

     65,102

     75,187

     Goodwill

     3,497,012

     3,461,891

     Acquired intangible assets, net

     844,819

     897,476

     Deferred tax assets

     209,417

     159,404

     Operating right-of-use lease assets

     128,854

     133,317

     Other assets

     394,124

     357,562

     Total assets
      
     $
     6,229,053

     $
     6,383,542

     LIABILITIES AND STOCKHOLDERS’ EQUITY

     Current liabilities:

     Accounts payable
      
     $
     8,700

     $
     24,198

     Accrued expenses and other current liabilities

     126,421

     129,528

     Accrued compensation and benefits

     182,580

     173,797

     Accrued income taxes

     101,056

     39,978

     Current portion of long-term debt

     25,000

     521,467

     Deferred revenue

     757,881

     754,039

     Short-term lease obligations

     25,112

     24,186

     Total current liabilities

     1,226,750

     1,667,193

     Long-term debt

     1,208,412