The financials
Pegasystems Inc. by the numbers
Pegasystems Inc. (PEGA) reported revenue of $430M in Q1 2026 (quarter ended March 31, 2026), down 9.6% from the same quarter a year earlier. That came with a gross margin of 75% and net income of $33M (7.6% of revenue). For the full year FY2025, revenue was $1.75B (+17% year on year) and net income $393M. Its largest product in 2026-Q1 was Pega Cloud at $205M, 48% of the disclosed total, just ahead of Subscription License at 22%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $430M | $476M | −9.6% |
| Gross profit | $323M | $373M | −13% |
| Operating income | $37M | $127M | −71% |
| Net income | $33M | $85M | −62% |
| Diluted EPS | $0.18 | $0.46 | −61% |
| Product | Revenue | Share |
|---|---|---|
| Pega Cloud | $205M | 48% |
| Subscription License | $95M | 22% |
| Maintenance | $75M | 18% |
| Consulting | $55M | 13% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $430.0M (+13%)
Pega Cloud grew +36% year on yearSubscription License -49% year on year
Segment Latestquarter on quarteryear on year
- Pega Cloud$205.0M$205.0MQoQ +11%year on year +36%+11%+36%
- Subscription License$94.9M$94.9MQoQ +57%year on year -49%+57%-49%
- Maintenance$75.3M$75.3MQoQ -5.4%year on year -1.4%-5.4%-1.4%
- Consulting$54.8M$54.8MQoQ -2.9%year on year -9.3%-2.9%-9.3%
- Perpetual License--QoQ -year on year ---
Software - Application
Ranks #32 of 90 by Smart Score