PTC Inc.

SUPPLEMENTAL FINANCIAL DATA FOR REVENUE AND STOCK-BASED COMPENSATION

(in thousands, except per share data)

Revenue by license, support and services is as follows:

Three Months Ended

Six Months Ended

March 31,

March 28,

March 31,

March 28,

2021

2020

2021

2020

License revenue ⁽¹⁾

$

198,011

$

127,607

$

375,186

$

251,037

Support and cloud services revenue ⁽²⁾

223,756

196,473

440,002

387,409

Professional services revenue

40,018

35,523

75,648

77,267

Total revenue ⁽²⁾

$

461,785

$

359,603

$

890,836

$

715,713

(1) License revenue includes the portion of subscription revenue allocated to license.

(2) FY'21 support and cloud services revenue includes a $3.8 million adjustment related to the fair value of acquired deferred revenue.

The amounts in the income statement include stock-based compensation as follows:

Three Months Ended

Six Months Ended

March 31,

March 28,

March 31,

March 28,

2021

2020

2021

2020

Cost of revenue

$

4,506

$

3,000

$

8,940

$

6,043

Sales and marketing

13,305

7,146

28,304

14,598

Research and development

7,921

4,765

16,364

11,697

General and administrative

19,008

5,573

37,220

16,082

Total stock-based compensation

$

44,740

$

20,484

$

90,828

$

48,420