PTC Inc.

SUPPLEMENTAL FINANCIAL DATA FOR REVENUE AND STOCK-BASED COMPENSATION

(in thousands, except per share data)

Revenue by license, support and services is as follows:

Three Months Ended

Six Months Ended

March 31,

March 31,

March 31,

March 31,

2022

2021

2022

2021

License revenue ⁽¹⁾

$

218,375

$

198,011

$

387,483

$

375,186

Support and cloud services revenue ⁽²⁾

243,875

223,756

488,360

440,002

Professional services revenue

42,977

40,018

87,105

75,648

     Total revenue ⁽²⁾

$

505,227

$

461,785

$

962,948

$

890,836

(1) License revenue includes the portion of subscription revenue allocated to license.

(2) Revenue for the three and six months ended March 31, 2022 includes an adjustment of $0.2 million and $1.3 million, respectively, due to a reduction of acquired deferred revenue; compared to an adjustment in the three and six months ended March 31, 2021 of $3.8 million.

The amounts in the income statement include stock-based compensation as follows:

Three Months Ended

Six Months Ended

March 31,

March 31,

March 31,

March 31,

2022

2021

2022

2021

Cost of revenue

$

4,264

$

4,506

$

10,236

$

8,940

Sales and marketing

11,446

13,305

24,527

28,304

Research and development

9,504

7,921

19,680

16,364

General and administrative

12,707

19,008

29,420

37,220

     Total stock-based compensation

$

37,921

$

44,740

$

83,863

$

90,828