Company: PTC
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000950170-25-061801
Chunk: 8

Company: PTC INC.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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PTC Inc.

CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

(unaudited)

     March 31, 2025

     September 30, 2024

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     235,169

     $
     265,808

     Accounts receivable, net of allowance for doubtful accounts of $1,272 and $1,180 at March 31, 2025 and September 30, 2024, respectively

     716,624

     861,953

     Prepaid expenses

     114,624

     102,931

     Other current assets

     66,392

     68,013

     Total current assets

     1,132,809

     1,298,705

     Property and equipment, net

     68,047

     75,187

     Goodwill

     3,444,104

     3,461,891

     Acquired intangible assets, net

     855,794

     897,476

     Deferred tax assets

     186,401

     159,404

     Operating right-of-use lease assets

     127,808

     133,317

     Other assets

     347,468

     357,562

     Total assets
      
     $
     6,162,431

     $
     6,383,542

     LIABILITIES AND STOCKHOLDERS’ EQUITY

     Current liabilities:

     Accounts payable
      
     $
     8,500

     $
     24,198

     Accrued expenses and other current liabilities

     101,317

     129,528

     Accrued compensation and benefits

     129,859

     173,797

     Accrued income taxes

     70,725

     39,978

     Current portion of long-term debt

     25,000

     521,467

     Deferred revenue

     786,530

     754,039

     Short-term lease obligations

     24,319

     24,186

     Total current liabilities

     1,146,250

     1,667,193

     Long-term debt

     1,364,393