PEGASYSTEMS INCPEGAEarnings & Financial Report
Pegasystems Inc. (Pega) is a global software company based in Waltham, Massachusetts, in the United States, and founded in 1983. The company has been publicly traded since 1996 as PEGA (NASDAQ). Pega is a low-code platform for workflow automation and generative AI-powered decision-making for businesses.
PEGA Q1 2026 Key Financial Metrics
Revenue
$430.0M
Gross Profit
$323.2M
Operating Profit
$37.1M
Net Profit
$32.8M
Gross Margin
75.2%
Operating Margin
8.6%
Net Margin
7.6%
YoY Growth
-9.6%
EPS
$0.18
Financial Flow
PEGASYSTEMS INC Q1 2026 Financial Summary
PEGASYSTEMS INC reported revenue of $430.0M (down 9.6% YoY) for Q1 2026, with a net profit of $32.8M (down 61.6% YoY) (7.6% margin). Cost of goods sold was $106.8M, operating expenses totaled $286.1M.
Key Financial Metrics
| Total Revenue | $430.0M |
|---|---|
| Net Profit | $32.8M |
| Gross Margin | 75.2% |
| Operating Margin | 8.6% |
| Report Period | Q1 2026 |
Revenue Breakdown
PEGASYSTEMS INC Q1 2026 revenue of $430.0M breaks down across 4 segments, led by Pega Cloud at $205.0M (47.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Pega Cloud | $205.0M | 47.7% |
| Subscription license | $94.9M | 22.1% |
| Maintenance | $75.3M | 17.5% |
| Consulting | $54.8M | 12.7% |
PEGASYSTEMS INC Revenue by Segment — Quarterly Trend
PEGASYSTEMS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Pega Cloud and Subscription license) has evolved quarter over quarter.
| Segment | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| Pega Cloud | $205.0M | $193.5M | $184.5M | $166.7M |
| Subscription license | $94.9M | — | — | — |
| Maintenance | $75.3M | $79.3M | $79.6M | — |
| Consulting | $54.8M | $53.3M | $56.4M | $57.8M |
PEGASYSTEMS INC Annual Revenue by Year
PEGASYSTEMS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.7B). Click any linked year to see what changed vs the prior annual report.
PEGASYSTEMS INC Quarterly Revenue & Net Profit History
PEGASYSTEMS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 2026 | $430.0M | -9.6% | $32.8M | 7.6% |
| Q4 2025 | $504.3M | +2.7% | $234.6M | 46.5% |
| Q3 2025 | $381.4M | +17.3% | $43.4M | 11.4% |
| Q2 2025 | $384.5M | +9.5% | $30.1M | 7.8% |
| Q1 2025 | $475.6M | +44.1% | $85.4M | 18.0% |
| Q4 2024 | $490.8M | +3.5% | $119.1M | 24.3% |
| Q3 2024 | $325.1M | -2.9% | $-14.4M | -4.4% |
| Q2 2024 | $351.2M | +17.7% | $6.6M | 1.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $351.2M | $325.1M | $490.8M | $475.6M | $384.5M | $381.4M | $504.3M | $430.0M |
| YoY Growth | 17.7% | -2.9% | 3.5% | 44.1% | 9.5% | 17.3% | 2.7% | -9.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.54B | $1.58B | $1.77B | $1.32B | $1.32B | $1.29B | $1.63B | $1.55B |
| Liabilities | $1.10B | $1.11B | $1.18B | $710.7M | $699.9M | $696.0M | $844.5M | $845.1M |
| Equity | $435.4M | $473.0M | $585.5M | $611.3M | $624.5M | $596.8M | $787.4M | $705.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $40.1M | $30.5M | $95.2M | $204.2M | $86.3M | $56.3M | $158.4M |