Recent Updates — PEGA

Pegasystems Inc. reported third-quarter 2026 total revenue of $393.4 million, a 3% increase from the prior year period. GAAP net income fell to $14.1 million, or $0.08 per diluted share, down significantly from $43.4 million in Q3 2025 due to a $16 million litigation settlement and higher stock-based compensation. Non-GAAP net income rose 8% to $59.8 million, yielding non-GAAP EPS of $0.35. Annual Contract Value (ACV) grew 6% to $1.65 billion, with Pega Cloud ACV increasing 20%. The company cited go-to-market execution challenges for slower growth in the first nine months but noted Q3 was the strongest quarter of the year. Pegasystems operates as an enterprise AI software provider focused on workflow automation and decisioning.

Pegasystems Inc. reported second quarter 2026 financial results, with total revenue of $420.7 million, a 9% increase year-over-year. Non-GAAP diluted earnings per share were $0.35, compared to $0.28 in the same period last year. Annual Contract Value (ACV) grew 7% to $1.62 billion, though the company noted that AI market changes caused clients to delay purchasing decisions, which slowed ACV growth and may continue to affect results for the rest of the year. The company operates in the software industry, providing an enterprise transformation platform that combines AI with business process automation.

Pegasystems Inc. filed a Form 8-K to announce an investor presentation scheduled for June 8, 2026. The filing contains an investor presentation as Exhibit 99.1, which is furnished rather than filed for liability purposes under the Section 18 of the Exchange Act.