Acquisitions and Disposition of Businesses (Tables)

12 Months Ended

Sep. 30, 2023

Business Acquisition [Line Items]

Unaudited Pro Forma Financial Information

The unaudited pro forma financial information for the years ended September 30, 2023 and 2022 presented below combines the historical results of PTC for those periods, the historical results of ServiceMax for the year ended October 31, 2022 and the three months ended January 31, 2023, and the effects of the pro forma adjustments listed above.

(in thousands)	Pro forma year ended September 30,
	2023		2022
Revenue	$	2,140,738	$	2,101,796
Net income	$	239,437	$	230,655

Servicemax Inc. acquisition

Business Acquisition [Line Items]

Schedule of purchase price allocation

The following table sets forth the purchase price allocation for ServiceMax. The purchase price allocation includes the finalization of measurement period adjustments related to intangibles and deferred tax liabilities that resulted in a $3.5 million increase in customer relationships, a $3.2 million increase in net tax liability, and a $0.3 million decrease in goodwill compared to the balances reported as of March 31, 2023. We have also recorded a liability of $620.0 million related to the fair value of the $650.0 million deferred purchase price payment.

(in thousands)
Goodwill	$	974,850
Customer relationships		512,700
Purchased software		106,900
Accounts receivable		58,722
Trademarks		9,000
Other net assets		5,540
Net tax liability		(121,656	)
Deferred revenue		(97,829	)
Total	$	1,448,227

Intland Software

Business Acquisition [Line Items]

Schedule of purchase price allocation

The following table sets forth the purchase price allocation for Intland Software. The purchase price allocation includes the finalization of measurement period adjustments, which resulted in a $0.9 million increase in goodwill from $240.0 million as of June 30, 2022, driven by completion of working capital adjustments.

(in thousands)
Goodwill	$	240,971
Customer relationships		38,800
Purchased software		19,100
Accounts receivable		6,506
Trademarks		1,300
Net tax liability		(20,811	)
Deferred revenue		(6,925	)
Other net liabilities		(818	)
Total	$	278,123

Arena Acquisition

Business Acquisition [Line Items]

Schedule of purchase price allocation

The following table sets forth the purchase price allocation for Arena.

(in thousands)
Goodwill	$	562,838
Customer relationships		155,000
Purchased software		38,300
Accounts receivable		11,392
Trademarks		4,200
Net tax liability		(41,256	)
Deferred revenue		(15,500	)
Other net liabilities		(369	)
Total	$	714,605