{"schema_version":"secwatch.filing_event.v1","accession":"0001013857-22-000139","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2022-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.592888+00:00","generated_at":"2026-06-24T07:56:33.283422+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Pegasystems Q2 revenue falls 16% YoY; GAAP net loss of $286M","bullets":["Total revenue $274M (down 16% YoY); H1 revenue $651M (up 2% YoY)","GAAP diluted EPS loss $3.50; non-GAAP diluted EPS loss $0.38","Annual contract value grew 14% (19% constant currency); total backlog $1.1B","Pega Cloud revenue up 28% to $93.5M; 70% of new client commitments in H1","Company targets Rule of 40 by 2024; no specific guidance change mentioned"],"urls":{"canonical":"https://secwatch.observer/filing/0001013857-22-000139","json":"https://secwatch.observer/filing/0001013857-22-000139.json","markdown":"https://secwatch.observer/filing/0001013857-22-000139.md","text":"https://secwatch.observer/filing/0001013857-22-000139.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000101385722000139/0001013857-22-000139-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000101385722000139/pega-20220727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T07:56:33.283422+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}