Company: PTC
Filing Date: 2025-11-21
Form Type: 10-K
Source: 0001193125-25-291326
Chunk: 61

Company: PTC INC.
Filing Date: 2025-11-21
Form: 10-K
Item: Item 6
Chunk 61
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 net of tax:

     Hedge loss arising during the period, net of tax of $5.8 million, $5.3 million, and $2.5 million in 2025, 2024, and 2023, respectively

     (17,863
     )

     (16,315
     )

     (7,516
     )

     Foreign currency translation adjustment, net of tax of $0 for each period

     37,334

     36,465

     45,692

     Change in pension benefit, net of tax of $(0.8) million, $1.7 million, and $1.3 million in 2025, 2024, and 2023, respectively

     1,087

     (3,791
     )

     (2,798
     )

     Other comprehensive income

     20,558

     16,359

     35,378

     Comprehensive income
      
     $
     754,555

     $
     392,692

     $
     280,918

    The accompanying notes are an integral part of these consolidated financial statements.

F-6

PTC Inc.CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands) 

     Year ended September 30,

     2025

     2024

     2023

     Cash flows from operating activities:

     Net income
      
     $
     733,997

     $
     376,333

     $
     245,540

     Adjustments to reconcile net income to net cash provided by operating activities:

     Depreciation and amortization

     102,504

     108,119

     104,760

     Amortization of right-of-use lease assets

     32,912

     33,288

     32,402

     Stock-based compensation

     216,205

     223,461

     206,459

     Other non-cash items, net

     (3,516
     )

     (1,625
     )

     (4,065
     )

     Provision (benefit) from deferred income taxes

     (26,283
     )

     (39,040
     )

     16,676

     Changes in operating assets and liabilities, excluding the effects of acquisitions:

     Accounts receivable

     (