earnings
confidence high
sentiment positive
materiality 0.75
Pegasystems Q4 revenue up 3% YoY to $490.8M; 2024 ACV grows 9%; non-GAAP EPS $3.03; announces 2-for-1 stock split
PEGASYSTEMS INC
2024-FY EPS reported
$1.11
revenue$1,497,180,000
- Q4 revenue $490.8M (+3% YoY); full-year revenue $1.50B (+5%); net income GAAP $99.2M ($1.11 diluted EPS) vs $67.8M ($0.73) prior year.
- Full-year ACV $1.37B (+9% YoY; +11% constant currency); Pega Cloud ACV +18% YoY (+21% constant currency).
- Non-GAAP diluted EPS $3.03 vs $2.48 prior year; operating cash flow $346M, free cash flow $338M in 2024.
- 2025 guidance: ACV growth 12%; revenue ~$1.6B; non-GAAP EPS $3.10; cash from ops $455M; free cash flow $440M.
- Board approved 2-for-1 stock split and authorized share increase to 400M, subject to shareholder vote at June 17, 2025 annual meeting.