# Pegasystems Inc: overview

PEGA · Nasdaq · CIK 1013857 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/pega.md) · [Financials](/companies/pega/financials.md) · [Filings](/companies/pega/filings.md) · [Insiders](/companies/pega/insiders.md)

Latest reported revenue: [$393.4m](/filings/0001013857-26-000058.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 20, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001013857-26-000058).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [491 d](/filings/0001013857-26-000017.md) | [476](/filings/0001013857-26-000026.md) | [385](/filings/0001013857-26-000050.md) | [381](/filings/0001013857-26-000058.md) | [504 d](/filings/0001013857-26-000017.md) | [430](/filings/0001013857-26-000026.md) | [421](/filings/0001013857-26-000050.md) | [393](/filings/0001013857-26-000058.md) |
| Gross margin | % | [79.1% d](/filings/0001013857-26-000017.md) | [78.5%](/filings/0001013857-26-000026.md) | [71.5%](/filings/0001013857-26-000050.md) | [72.2%](/filings/0001013857-26-000058.md) | [79.5% d](/filings/0001013857-26-000017.md) | [75.2%](/filings/0001013857-26-000026.md) | [74.3%](/filings/0001013857-26-000050.md) | [73.6%](/filings/0001013857-26-000058.md) |
| Operating margin | % | [29.1% d](/filings/0001013857-26-000017.md) | [26.7%](/filings/0001013857-26-000026.md) | [4.5%](/filings/0001013857-26-000050.md) | [3.8%](/filings/0001013857-26-000058.md) | [20.7% d](/filings/0001013857-26-000017.md) | [8.6%](/filings/0001013857-26-000026.md) | [4.0%](/filings/0001013857-26-000050.md) | [3.8%](/filings/0001013857-26-000058.md) |
| Net margin | % | [24.3% d](/filings/0001013857-26-000017.md) | [18.0%](/filings/0001013857-26-000058.md) | [7.8%](/filings/0001013857-26-000058.md) | [11.4%](/filings/0001013857-26-000058.md) | [46.5% d](/filings/0001013857-26-000017.md) | [7.6%](/filings/0001013857-26-000058.md) | [3.2%](/filings/0001013857-26-000058.md) | [3.6%](/filings/0001013857-26-000058.md) |
| Diluted EPS | $ per share | not reported | [0.46](/filings/0001013857-26-000026.md) | [0.17](/filings/0001013857-26-000050.md) | [0.24](/filings/0001013857-26-000058.md) | not reported | [0.18](/filings/0001013857-26-000026.md) | [0.08](/filings/0001013857-26-000050.md) | [0.08](/filings/0001013857-26-000058.md) |
| Free cash flow | $m | [92.4 d](/filings/0001013857-26-000017.md) | [202](/filings/0001013857-26-000026.md) | [84.1 d](/filings/0001013857-26-000050.md) | [51.8 d](/filings/0001013857-26-000058.md) | [152 d](/filings/0001013857-26-000017.md) | [207](/filings/0001013857-26-000026.md) | [81.7 d](/filings/0001013857-26-000050.md) | [1.6 d](/filings/0001013857-26-000058.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,212](/filings/0001013857-24-000012.md) | [1,318](/filings/0001013857-25-000024.md) | [1,433](/filings/0001013857-26-000017.md) | [1,497](/filings/0001013857-26-000017.md) | [1,746](/filings/0001013857-26-000017.md) |
| Gross margin | % | [72.2%](/filings/0001013857-24-000012.md) | [72.0%](/filings/0001013857-25-000024.md) | [73.6%](/filings/0001013857-26-000017.md) | [73.9%](/filings/0001013857-26-000017.md) | [75.9%](/filings/0001013857-26-000017.md) |
| Operating margin | % | [(7.8%)](/filings/0001013857-24-000012.md) | [(8.3%)](/filings/0001013857-25-000024.md) | [5.7%](/filings/0001013857-26-000017.md) | [8.3%](/filings/0001013857-26-000017.md) | [15.1%](/filings/0001013857-26-000017.md) |
| Net margin | % | [(5.2%)](/filings/0001013857-24-000012.md) | [(26.2%)](/filings/0001013857-25-000024.md) | [4.7%](/filings/0001013857-26-000017.md) | [6.6%](/filings/0001013857-26-000017.md) | [22.5%](/filings/0001013857-26-000017.md) |
| Diluted EPS | $ per share | [(0.77)](/filings/0001013857-24-000012.md) | [(4.22)](/filings/0001013857-25-000024.md) | [0.37](/filings/0001013857-26-000017.md) | [0.55](/filings/0001013857-26-000017.md) | [2.13](/filings/0001013857-26-000017.md) |
| Free cash flow | $m | [28.7](/filings/0001013857-24-000012.md) | [(13.0)](/filings/0001013857-25-000024.md) | [201](/filings/0001013857-26-000017.md) | [338](/filings/0001013857-26-000017.md) | [491](/filings/0001013857-26-000017.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/pega/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $286.9m | 9,573,688 |  | Reduced −63,330 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $193.5m | 6,455,250 |  | Added +93,327 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $147.4m | 4,919,642 |  | Added +380,090 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $123.7m | 4,128,720 |  | Reduced −31,736 |
| [MASSACHUSETTS FINANCIAL SERVICES CO /MA/](/funds/912938.md) | 2026-06-30 | $91.4m | 3,031,497 |  | Added +654,445 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $88.7m | 2,958,357 |  | Added +909,758 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $87.9m | 2,933,479 |  | Added +77,451 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $80.4m | 2,683,002 |  | Added +163,980 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $77.5m | 2,585,227 |  | Added +66,414 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $60.5m | 2,018,528 |  | Added +1,399,775 |

## Recent filings

[All 2,586 filings](/companies/pega/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-20 | 16:13 ET | [10-Q](/filings/0001013857-26-000058.md) | Quarterly report, period 2026-09-30 | 0001013857-26-000058 |
| 2026-10-20 | 16:12 ET | [8-K](/filings/0001013857-26-000057.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001013857-26-000057 |
| 2026-07-21 | 16:09 ET | [10-Q](/filings/0001013857-26-000050.md) | Quarterly report, period 2026-06-30 | 0001013857-26-000050 |
| 2026-07-21 | 16:08 ET | [8-K](/filings/0001013857-26-000049.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001013857-26-000049 |
| 2026-06-18 | 16:16 ET | [8-K](/filings/0001013857-26-000042.md) | 5.07 Shareholder vote results | 0001013857-26-000042 |
| 2026-06-08 | 16:07 ET | [8-K](/filings/0001013857-26-000039.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001013857-26-000039 |
| 2026-04-24 | 16:09 ET | [DEF 14A](/filings/0001013857-26-000031.md) | Proxy statement, period 2026-06-16 | 0001013857-26-000031 |
| 2026-04-21 | 16:11 ET | [10-Q](/filings/0001013857-26-000026.md) | Quarterly report, period 2026-03-31 | 0001013857-26-000026 |
| 2026-04-21 | 16:10 ET | [8-K](/filings/0001013857-26-000025.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001013857-26-000025 |
| 2026-02-12 | 16:09 ET | [8-K](/filings/0001013857-26-000019.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001013857-26-000019 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001013857-26-000017.md), filed Feb 10, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1013857
- Tickers: PEGA
- Exchange: Nasdaq
- SIC code: 7374 Services-Computer Processing & Data Preparation
- State of incorporation: MA
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:14 ET. No prices; not investment advice.