Pegasystems Inc reported results for the period ended 2026 with revenue of $420.72M, up 9.4% from $384.51M a year earlier, while net income fell to $13.33M and diluted earnings per share were $0.08— declines of (55.7%) and (52.9%), respectively.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$420.72M$384.51M9.4% | Net income²$13.33M$30.08M(55.7%) | Diluted EPS³$0.08$0.17(52.9%) |
¹ Reported as “Total revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth was driven by subscription and Pega Cloud adoption, offsetting declines in consulting services.
- Clients continued migrating from maintenance to Pega Cloud, reducing maintenance revenue while boosting cloud revenue.
- The company is investing in AI and Blueprint prototyping to accelerate digital transformation and client deployments.
- Operationally, Pegasystems expanded cloud operations headcount and restructured to align the workforce with an AI-first model, increasing cloud support capacity.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.