Key Highlights

  • PTC (NASDAQ:PTC) reported fourth fiscal quarter Revenue of USD 673 million against USD 894 million, while annual Recurring Revenue excluding divestitures rose to USD 2,508 million.
  • HubSpot (NYSE:HUBS) produced USD 83.0 million of net income, which works out to USD 1.67 a diluted share, from USD 947.6 million of revenue, and management warned AI-related Demand headwinds are intensifying.
  • Paycom Software (NYSE:PAYC) saw third-quarter sales climb 10.2% to USD 543.8 million and lifted its full-year outlook, with adjusted EBITDA sitting near 49% of revenue.
  • Vertex (NASDAQ:VERX) expanded sales 11.0% to USD 213.3 million, although a USD 46.6 million net loss emerged once USD 47.3 million of income tax expense was counted.

PTC (NASDAQ:PTC): License Revenue Timing Explains the Fourth-Quarter Decline

PTC (NASDAQ:PTC) reported fiscal fourth-quarter and full-year 2026 figures on November 4, 2026. Quarterly revenue of USD 673 million trailed USD 894 million a year earlier, as license revenue dropped to USD 267.0 million from USD 484.1 million. Under ASC 606, a large share of an on-premises subscription's value is recognized when the software becomes available, so single quarters can swing widely. Annual recurring revenue offers a steadier view: excluding divested operations it reached USD 2,508 million, which is 8% higher as reported and 9.7% higher in constant currency. Full-year GAAP EPS rose 47% to USD 8.93, supported by USD 463.9 million of divestiture gains, while non-GAAP EPS came in at USD 8.24 against USD 7.94. On October 5, 2026 the company agreed to be acquired by Schneider Electric, and it has paused earnings calls and guidance. No deal price or closing date appears in the release. Free Cash Flow for the fourth quarter came to USD 38 million, after divestiture costs near USD 24 million and related cash taxes of about USD 75 million.

HubSpot (NYSE:HUBS): Profit Per Share of USD 1.67 Amid Warnings on AI-Driven Demand

HubSpot (NYSE:HUBS) put out its quarterly numbers on November 4, 2026, covering the stretch that ended September 30. Revenue climbed to USD 947.6 million from USD 809.5 million, roughly 17% by our calculation, and Net Income reached USD 83.0 million, or USD 1.67 per diluted share, versus USD 0.31 a year earlier. Customer count rose about 11.8% (calculated) to 311,704, which the filing credits mostly to demand for its lower-priced Starter tier. Leadership said demand softness began in the second quarter as AI reshapes how buyers find and purchase software, stretching approval cycles, enlarging buying committees and raising price sensitivity. Those pressures intensified during the third quarter and are expected to keep weighing on results. The company repurchased 1.13 million shares for USD 237.2 million, averaging USD 209.91, compared with USD 480.72 a year before. Roughly USD 964.1 million of buyback room was left once the quarter closed. Interest income dropped to USD 7.9 million, down from USD 14.3 million, because cash went to settling notes and funding repurchases. No revenue or earnings outlook appears in the filing.

Paycom Software (NYSE:PAYC): Profit Growth Outpaces Revenue as Full-Year Guidance Rises

Paycom Software (NYSE:PAYC) published third-quarter 2026 results on November 4, 2026. Revenue increased 10.2% to USD 543.8 million, and GAAP net income moved from USD 110.7 million to USD 133.2 million. GAAP EPS climbed from USD 1.96 to USD 2.99, roughly 53% higher by our math, while non-GAAP EPS rose from USD 1.94 to USD 3.37, about 74% higher (calculated). Adjusted EBITDA of USD 268.1 million sat near 49% of revenue, and the release does not explain that Margin move beyond the top-line growth. Management's new full-year figures call for sales of USD 2.213 billion to USD 2.218 billion, which implies around 8% growth, while adjusted EBITDA is expected at USD 1.069 billion to USD 1.079 billion, a midpoint margin near 48.5%. Earlier ranges were not included in the release. The guided growth sits below the 10.2% quarterly pace. Since December 31, 2025, cash and equivalents dropped by an estimated USD 176.1 million (our calculation), landing at USD 193.9 million, and the quarter also contained USD 16.7 million of dividends.

Vertex (NASDAQ:VERX): A USD 47.3 Million Tax Expense Turns Revenue Growth Into a Loss

Vertex (NASDAQ:VERX) reported figures for the third quarter of 2026 on November 4, 2026. The Business supplies indirect tax and compliance software to large enterprises. Revenue rose 11.0% to USD 213.3 million, cloud revenue advanced 20.4%, and annual recurring revenue reached USD 724.3 million, up 11.7%. Pretax income was only about USD 0.7 million by our reckoning, and USD 47.3 million of income tax expense left a net loss of USD 46.6 million. Nothing in the release clarifies why the tax bill was so large, so that cause stays unverified in the material reviewed. Adjusted EBITDA increased to USD 64.8 million, a 30.4% margin compared with 22.6% a year earlier. Net revenue retention came in at 106%, and gross revenue retention at 95%. Fourth-quarter guidance calls for revenue of USD 215.0 million to USD 217.0 million, slightly above the third quarter, while the adjusted EBITDA band of USD 58.0 million to USD 60.0 million lands beneath the third-quarter figure. Full-year revenue guidance spans USD 828.9 million to USD 830.9 million, and management described the outlook as raised, though earlier ranges were not given. The company held USD 217.8 million in cash, and its chief executive described the core operation as stabilized.

Where Things Stand

Read side by side, the four reports divide into timing, demand and tax stories. PTC (NASDAQ:PTC) saw fourth-quarter revenue fall because less license revenue was recognized up front, while annual recurring revenue excluding divestitures rose 8%. HubSpot (NYSE:HUBS) grew profit but cautions that AI headwinds will keep weighing on results. Paycom Software (NYSE:PAYC) lifted its outlook, yet implied full-year growth of about 8% trails its quarterly rate. Vertex (NASDAQ:VERX) strengthened operations yet recorded a sizable tax charge that remains unexplained. Next checkpoints: the Schneider Electric timetable, HubSpot's buying cycles and Starter mix, Paycom's margin versus its guided midpoint, and any tax disclosure from Vertex. These reports promise nothing about future periods.