---
schema_version: "secwatch.filing_event.v1"
accession: "0001013857-22-000174"
form_type: "8-K"
ticker: "PEGA"
cik: "0001013857"
company_name: "PEGASYSTEMS INC"
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T00:38:53.541466+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pegasystems Q3 revenue up 6% to $270.7M; Pega Cloud ACV grows 39% constant currency

## Summary
- Total revenue $270.7M (+6% YoY); GAAP net loss $93.5M widened from $56.5M loss in Q3'21.
- Non-GAAP net loss $27.5M improved from $29.7M loss; non-GAAP EPS loss $0.34 vs $0.36.
- Pega Cloud ACV grew 39% constant currency YoY; total ACV grew 16% constant currency.
- Total backlog grew 11% (18% constant currency) YoY; company targets Rule of 40 by 2024.

## SEC filing metadata
- accession: 0001013857-22-000174
- form_type: 8-K
- ticker: PEGA
- cik: 0001013857
- company_name: PEGASYSTEMS INC
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013857/000101385722000174/0001013857-22-000174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013857/000101385722000174/pega-20221026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013857-22-000174
- JSON: https://secwatch.observer/filing/0001013857-22-000174.json
- Plain text: https://secwatch.observer/filing/0001013857-22-000174.txt

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