PTC Inc.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)

December 31,

September 30,

2022

2022

ASSETS

Cash and cash equivalents

$

387,588

$

272,182

Accounts receivable, net

562,036

636,556

Property and equipment, net

95,142

98,101

Goodwill and acquired intangible assets, net

2,762,426

2,736,372

Lease assets, net

148,637

137,780

Other assets

839,940

806,277

Total assets

$

4,795,769

$

4,687,268

LIABILITIES AND STOCKHOLDERS' EQUITY

Deferred revenue

$

516,033

$

520,333

Debt, net of deferred issuance costs

1,351,171

1,350,628

Lease obligations

199,918

189,575

Other liabilities

328,098

330,698

Stockholders' equity

2,400,549

2,296,034

Total liabilities and stockholders' equity

$

4,795,769

4,687,268