PTC Inc.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)

June 30,

September 30,

2022

2021

ASSETS

Cash and cash equivalents

$

322,326

$

326,532

Accounts receivable, net

473,298

541,072

Property and equipment, net

90,815

100,237

Goodwill and acquired intangible assets, net

2,781,314

2,570,854

Lease assets, net

143,388

152,337

Other assets

794,397

816,528

Total assets

$

4,605,538

$

4,507,560

LIABILITIES AND STOCKHOLDERS' EQUITY

Deferred revenue

$

495,473

$

497,677

Debt, net of deferred issuance costs

1,425,084

1,439,471

Lease obligations

194,836

208,799

Other liabilities

332,975

323,145

Stockholders' equity

2,157,170

2,038,468

Total liabilities and stockholders' equity

$

4,605,538

4,507,560