PEGA
Pegasystems Inc.58.38
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
9.99BP/E (TTM)
37.91Basic EPS (TTM)
1.54Dividend Yield
0%Recent Filings
8-K
Pega Q3 revenue up 17%
Pegasystems reported Q3 2025 revenue of $381M, up 17% year-over-year, fueled by 27% growth in Pega Cloud ACV to $815M and 20% subscription revenue expansion. AI-driven Blueprint momentum boosted non-GAAP net income to $55M, while operating cash flow hit $347M, enabling $393M in year-to-date share repurchases. Backlog swelled 19% to $1.8B. Cash generation surges.
10-Q
Q3 FY2025 results
Pegasystems swung to profitability in Q3 FY2025 ended September 30, 2025, posting $381.4M revenue, up 17% y/y, driven by 18% growth in subscription services to $264.2M while consulting edged up 4% to $56.4M. Gross margin expanded to 72.2% from 70.2% y/y, fueling operating income of $14.5M versus a $11.7M loss last year; diluted EPS hit $0.24, reconciling cleanly to 184M shares with no anti-dilution flags. Cash from operations surged 38% y/y to $346.8M for the nine-month YTD, yielding $338.3M free cash flow after $8.5M capex, though total liquidity dipped to $351.4M after repaying $468M convertible notes and $393M stock buybacks. The $100M credit facility remains untapped with $73.3M available post letters of credit. Ongoing Appian trade secrets litigation poses a key risk, with appeals pending in Virginia's Supreme Court.
10-Q
Q2 FY2025 results
Pegasystems posted solid Q2 FY2025 results, with revenue climbing 9% year-over-year to $384.5M, fueled by 24% growth in Pega Cloud to $166.7M, while subscription licenses dipped 6% to $79.9M after hefty prior-year deals. Gross margin held steady at 72%, but operating income jumped to $17.3M from $13.0M, thanks to controlled expense growth amid $36.7M in stock-based comp. Diluted EPS rose to $0.17 from $0.04, aligning with 182.2M shares; YTD, revenue surged 26% to $860.1M and EPS hit $0.63. Cash from operations hit $290.5M for H1, yielding $286.5M free cash flow after $4.0M capex, though total cash fell to $411.6M post $468M note repayment and $251.7M buybacks. No debt lingers, with $100M revolver fully available under 3.5x leverage covenants. A $18.7M gain from venture sale sweetened other income. Ongoing Appian trade secrets litigation poses a key overhang, with appeals dragging on.
8-K
Pega's Q2 revenue accelerates
Pegasystems reported Q2 2025 revenue of $385M, up 9% year over year, with subscription revenue surging 9% to $326M amid AI-driven demand. Annual contract value climbed 16% to $1.5B, while Pega Cloud ACV rocketed 28% to $761M, signaling robust cloud adoption. Free cash flow soared over 30% in the first half. Yet foreign exchange headwinds tempered constant currency gains.
8-K
Pegasystems enacts stock split
Pegasystems completed its two-for-one forward stock split on June 20, 2025, following shareholder approval of the Charter Amendment on June 17, 2025, which doubled authorized common shares to 400,000,000. Every share held on the June 10 record date received an additional share, with trading on a post-split basis starting June 23, 2025. Proportionate adjustments applied to equity incentive plans and outstanding awards. This boosts liquidity without altering fundamentals.
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