---
schema_version: "secwatch.filing_event.v1"
accession: "0001013857-22-000043"
form_type: "8-K"
ticker: "PEGA"
cik: "0001013857"
company_name: "PEGASYSTEMS INC"
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:18:25.973678+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pegasystems Q4 ACV reaches $1B for first time; revenue up 6% YoY; FY2022 revenue guidance $1.46-1.49B

## Summary
- ACV exceeded $1B in Q4 2021, up 20% YoY; total backlog up 25% to $1.3B.
- Q4 revenue $316.2M (+6% YoY); GAAP net loss $(37.2M) vs income $4.0M prior year.
- Full-year 2021 revenue $1.21B (+19% YoY); non-GAAP net income $18.8M vs loss $26.4M prior.
- FY2022 guidance: revenue $1.46-1.49B, ACV growth 20-22%; non-GAAP EPS $0.75-$1.00.
- President Hayden Stafford resigns to join pre-IPO tech firm; Leon Trefler named Chief of Clients and Markets.

## SEC filing metadata
- accession: 0001013857-22-000043
- form_type: 8-K
- ticker: PEGA
- cik: 0001013857
- company_name: PEGASYSTEMS INC
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013857/000101385722000043/0001013857-22-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013857/000101385722000043/pega-20220214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013857-22-000043
- JSON: https://secwatch.observer/filing/0001013857-22-000043.json
- Plain text: https://secwatch.observer/filing/0001013857-22-000043.txt

## Key facts
- Executive change
  Hayden Stafford resigned as President of Global Client Engagement at PEGASYSTEMS INC.
  - Action: resigned
  - Role: President of Global Client Engagement
  source text: On February 14, 2022, Hayden Stafford, President of Global Client Engagement, informed Pegasystems Inc. (the “Company”) that he has accepted an executive role at a Pre-IPO technology company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013857/000101385722000043/0001013857-22-000043-index.htm
- Executive change
  Leon Trefler was appointed as Chief of Clients and Markets at PEGASYSTEMS INC.
  - Action: appointed
  - Role: Chief of Clients and Markets
  source text: On February 16, 2022, the Company announced that it has appointed Leon Trefler as the Company’s Chief of Clients and Markets.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013857/000101385722000043/0001013857-22-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.