Earnings summaries and quarterly performance for PEGASYSTEMS.
Executive leadership at PEGASYSTEMS.
Alan Trefler
Detailed
Chief Executive Officer
CEO
EK
Efstathios Kouninis
Detailed
Senior Vice President of Finance, Chief Accounting Officer and Treasurer
JH
John Higgins
Detailed
Chief of Client & Partner Success
KS
Kenneth Stillwell
Detailed
Chief Operating Officer and Chief Financial Officer
KA
Kerim Akgonul
Detailed
Chief Product Officer
LT
Leon Trefler
Detailed
Chief of Clients and Markets
Board of directors at PEGASYSTEMS.
Research analysts who have asked questions during PEGASYSTEMS earnings calls.
Mark Schappel
Loop Capital Markets
8 questions for PEGA
Also covers: ALTR, AZPN, DSGX +12 more
BA
Blair Abernethy
Rosenblatt Securities Inc.
7 questions for PEGA
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PW
Patrick Walravens
Citizens JMP
7 questions for PEGA
Also covers: AI, ALKT, ASAN +26 more
DA
Devin Au
KeyBanc Capital Markets Inc.
6 questions for PEGA
Also covers: APPN, CHGG, COUR +5 more
Raimo Lenschow
Barclays
6 questions for PEGA
Also covers: APPN, BASE, BIGC +35 more
Rishi Jaluria
RBC Capital Markets
6 questions for PEGA
Also covers: AKAM, BOX, COUR +21 more
SE
Steve Enders
Citigroup
5 questions for PEGA
Also covers: APPN, ASAN, BL +11 more
JR
Jake Roberge
William Blair & Company, L.L.C
3 questions for PEGA
Also covers: ADBE, APPN, ARCT +13 more
PB
Pinjalim Bora
JPMorgan Chase & Co.
3 questions for PEGA
Also covers: ASAN, BL, BOX +17 more
SE
Steven Enders
Citigroup Inc.
3 questions for PEGA
Also covers: APPN, ASAN, BL +14 more
DO
Devin Oh
KeyBanc Capital Markets
2 questions for PEGA
Jacob Roberge
William Blair
2 questions for PEGA
Also covers: APPN, BL, DDOG +14 more
AG
Alexei Gogolev
JPMorgan Chase & Co.
1 question for PEGA
Also covers: ADSK, ALKT, BABA +17 more
AC
Austin Cole
Citizens JMP Securities, LLC
1 question for PEGA
Also covers: ALKT, BRZE, CXM +7 more
Daniel Ives
Wedbush Securities
1 question for PEGA
Also covers: BUKS, CRWD, PLTR +2 more
JR
Jake Robers
William Blair
1 question for PEGA
MC
Mark Chappell
Loop Capital Markets
1 question for PEGA
Also covers: SPSC
Max Persico
RBC Capital Markets
1 question for PEGA
Also covers: GWRE
RL
Raymond Lenzchao
Barclays
1 question for PEGA
RG
Rishi Gillaria
RBC Capital Markets
1 question for PEGA
Recent press releases and 8-K filings for PEGA.
Pegasystems Reports Strong Q4 2025 Results and Provides 2026 Guidance
PEGA
Earnings
Guidance Update
Share Buyback
- Pegasystems reported strong financial performance in 2025, with total ACV growing 17% (14% in constant currency) and Pega Cloud ACV increasing 33% (28% in constant currency), both exceeding guidance.
- Free cash flow for 2025 increased 45% year-over-year to $491 million, exceeding guidance by $51 million, and the company ended the year with $426 million in cash and investments.
- The $2 billion verdict was affirmed as fundamentally flawed by the Supreme Court of Virginia, effectively eliminating it.
- For 2026, the company provided guidance for total ACV growth of 15%, total revenue of $2 billion (a 15% increase), and free cash flow of $575 million (a 17% increase over 2025).
- The board authorized an additional $1 billion in buyback capacity for 2026, following $498 million in share repurchases and $468 million in debt repayment in 2025.
Feb 11, 2026, 1:00 PM
Pegasystems Reports Strong Q4 2025 Results, Issues Positive 2026 Guidance, and Announces $2 Billion Verdict Overturned
PEGA
Earnings
Guidance Update
Legal Proceedings
- Pegasystems reported strong 2025 financial results, with total ACV growing 17% (reported) and Pega Cloud ACV increasing 33% (reported), leading to a 45% rise in free cash flow to $491 million.
- The company issued positive 2026 guidance, forecasting total ACV growth of 15%, total revenue of $2 billion (a 15% increase), and free cash flow of $575 million (a 17% increase).
- A major legal update confirmed that the $2 billion verdict against the company is gone, as affirmed by the Supreme Court of Virginia.
- The Blueprint experiential sales approach and AI adoption were highlighted as key drivers for 2025 outperformance and are expected to continue accelerating growth, particularly for Pega Cloud revenue, projected to grow above 30% in 2026. The company also authorized an additional $1 billion in share buyback capacity.
Feb 11, 2026, 1:00 PM
Pegasystems Reports Strong Q4 2025 Results, Provides Positive 2026 Guidance, and Authorizes $1 Billion Share Buyback
PEGA
Earnings
Guidance Update
Share Buyback
- Pegasystems reported strong 2025 financial results, with total ACV growing 17% and free cash flow increasing 45% to $491 million. The company provided positive 2026 guidance, including 15% total ACV growth, $2 billion in total revenue, and $575 million in free cash flow.
- In 2025, the company repaid $468 million of debt, repurchased $498 million of shares, and distributed $15 million in dividends. For 2026, the board authorized an additional $1 billion in buyback capacity.
- The $2 billion trade secret verdict was overturned by the Supreme Court of Virginia. The Blueprint experiential sales approach and AI-powered automation were key drivers, with Pega Cloud ACV growing 33% in 2025 and expected to accelerate above 30% in 2026, also leading to faster sales cycles.
Feb 11, 2026, 1:00 PM
Pegasystems Inc. Announces Strong Q4 and Full-Year 2025 Results and 2026 Guidance
PEGA
Earnings
Guidance Update
Share Buyback
- Pegasystems Inc. reported strong Q4 and full-year 2025 financial results, with Annual Contract Value (ACV) growing 17% year over year and Pega Cloud ACV increasing 33% year over year.
- For the full year 2025, cash flow from operations and free cash flow grew 45% year over year.
- The company issued 2026 guidance, forecasting 15% ACV growth, $2.0 Billion in revenue, $595 million in cash flow from operations, and $575 million in free cash flow.
- Pegasystems increased its share repurchase authorization by $1 billion and extended the program's expiration date to June 30, 2027.
Feb 10, 2026, 9:11 PM
Pegasystems Reports Strong Q4 Results and Provides Upbeat 2026 Guidance
PEGA
Earnings
Guidance Update
Demand Weakening
- Pegasystems beat fourth-quarter expectations with revenue of $504.3 million (up 2.7% year over year) and non-GAAP EPS of $0.76, marking its fourth consecutive quarter of topping consensus EPS estimates.
- Management provided strong 2026 guidance, with an adjusted EPS midpoint of $2.75 and a full-year revenue midpoint of $2.0 billion, both exceeding analyst forecasts.
- Margin dynamics were mixed, with the operating margin falling to 20.7% from 29.1% a year earlier, while the free cash flow margin improved significantly to 30.2% from 13.6% in the prior quarter.
- The company reported a $2.1 billion backlog in its 2025 10-K and highlighted its Pega Infinity platform and generative AI tools as competitive advantages.
- Despite the positive results and solid backlog, the stock has underperformed year-to-date (down roughly 29.9%), and analysts noted a deceleration in revenue growth compared to the company's five-year trend.
Feb 10, 2026, 6:16 PM
Pega Launches New AI Tool for Lotus Notes Transformation
PEGA
Product Launch
M&A
New Projects/Investments
- Pegasystems Inc. (Pega) announced the availability of Notes to Blueprint, a new AI tool designed to help organizations transform and retire outdated Lotus Notes applications into more efficient automated processes in the cloud.
- This solution addresses the challenge faced by an estimated 34,000 organizations worldwide that still rely on aging Lotus Notes, contributing to an estimated $370 million wasted annually per company on technical debt.
- Notes to Blueprint is based on assets, specifically InvestigatorPlus and MigratorPlus, recently acquired from Adopteq, with select Adopteq employees, including cofounders, joining Pega.
- Pega has partnered with Capgemini to offer a comprehensive modernization solution, combining Notes to Blueprint and Pega Blueprint with Capgemini’s CAALM services, available on AWS Marketplace.
Jan 20, 2026, 2:00 PM
Pegasystems Discusses AI Strategy and Product Evolution at Barclays Conference
PEGA
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
- Pega's Chief Technology Officer, Don Schuerman, emphasized the company's early and continuous evolution of its Blueprint offering, which utilizes Gen AI and agentic AI to significantly accelerate sales conversations and compress the design phase of delivery cycles.
- Blueprint's capabilities have expanded to include designing business rules and injecting agentic features for application modernization and legacy transformation, notably through a partnership with AWS Transform for reimagining COBOL and Lotus Notes applications.
- Pega's strategy for agentic AI focuses on integrating large language models to reduce barriers to entry and accelerate sales, prioritizing business value and interoperability rather than aiming to be the sole "agent platform".
- The Infinity 25 release introduced orchestration agents and document agents, enhancing workflow initiation and document processing capabilities.
- Blueprint and agentic AI are also transforming customer service by enabling faster authoring of self-service workflows and empowering self-service agents to manage complex requests, accelerating the deflection of calls from contact centers.
Dec 11, 2025, 7:00 PM
Pega Discusses Gen AI Strategy and Blueprint's Impact on Sales and App Modernization
PEGA
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
- Pega's Chief Technology Officer, Don Schuerman, outlined the company's strategy for integrating Generative AI (Gen AI) and agentic AI, focusing on applying these technologies to solve enterprise business problems and improve efficiency, customer experiences, and profitability.
- The Blueprint offering is a core component of Pega's strategy, designed to accelerate sales conversations and delivery cycles by rapidly generating actionable prototypes from client business needs, significantly compressing the initial sales phase.
- Blueprint has evolved to support app modernization and legacy transformation, including a partnership with AWS Transform to analyze legacy code (e.g., COBOL, .NET) and generate reimagined cloud-based application prototypes.
- Pega's Infinity 25 release introduced new agent capabilities, such as orchestration agents and document agents, and emphasizes interoperability, allowing workflows to be built once and deployed across various channels, including self-service and contact centers.
- Blueprint is transforming Pega's go-to-market approach by enabling less technical, more business-focused sales conversations, leading to faster deal closures, and empowering partners with branded Blueprint versions to accelerate their client engagements.
Dec 11, 2025, 7:00 PM
Pega's CTO Discusses AI Integration and Blueprint's Impact
PEGA
New Projects/Investments
Revenue Acceleration/Inflection
Product Launch
- Pega's Chief Technology Officer, Don Schuerman, emphasized the company's strategy of aggressively integrating Large Language Models (LLMs) into its platform to expand its addressable market and accelerate sales.
- The Blueprint offering is a significant innovation, leveraging generative AI and agentic AI to compress delivery cycle design phases from weeks to days and transform sales conversations through rapid prototyping.
- Pega is actively engaged in application modernization, partnering with AWS and Global System Integrators to help clients migrate and reimagine legacy systems (e.g., COBOL, Lotus Notes) into modern cloud-based applications using Blueprint.
- AI, facilitated by Blueprint and agentic capabilities, is transforming customer service by enabling self-service agents and deflecting contact center interactions, which is a key business driver for clients.
- The success of Blueprint has led to accelerated business and increased internal momentum and enthusiasm within Pega.
Dec 11, 2025, 7:00 PM
Pega Discusses 2025 Momentum, Blueprint, and Cloud Strategy at UBS Conference
PEGA
Revenue Acceleration/Inflection
New Projects/Investments
- Pega reported mid-teens ACV growth in Q3 2025, with 14% annualized ACV growth through the first three quarters of 2025, exceeding its full-year 2025 guide of 12%.
- Pega Cloud ACV grew 27% year-over-year in Q3 2025, driven by client demand for cloud migration due to security, usability, and AI integration. The company anticipates 70%-75% of its ACV will be on Pega Cloud in the next few years.
- The new Pega Blueprint product, leveraging AI for application design and workflow building, is accelerating sales cycles, improving win rates, and expanding Pega's addressable market by simplifying platform use.
- Pega maintains a deep strategic partnership with AWS, utilizing AWS Transform with Blueprint for mainframe modernization, and has a long-term target of $700 million+ in free cash flow by 2028.
Dec 2, 2025, 5:55 PM
Quarterly earnings call transcripts for PEGASYSTEMS.
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