PTC Inc.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)

March 31,

September 30,

2022

2021

ASSETS

Cash and cash equivalents

$

306,701

$

326,532

Accounts receivable, net

510,196

541,072

Property and equipment, net

92,897

100,237

Goodwill and acquired intangible assets, net

2,541,516

2,570,854

Lease assets, net

149,801

152,337

Other assets

777,412

816,528

Total assets

$

4,378,523

$

4,507,560

LIABILITIES AND STOCKHOLDERS' EQUITY

Deferred revenue

$

534,681

$

497,677

Debt, net of deferred issuance costs

1,265,546

1,439,471

Lease obligations

203,990

208,799

Other liabilities

290,329

323,145

Stockholders' equity

2,083,977

2,038,468

Total liabilities and stockholders' equity

$

4,378,523

$

4,507,560