secwatch.observer — SEC 8-K summary
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Issuer:     PEGASYSTEMS INC (PEGA)
CIK:        0001013857
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001013857-25-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pegasystems Q4 revenue up 3% YoY to $490.8M; 2024 ACV grows 9%; non-GAAP EPS $3.03; announces 2-for-1 stock split
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000022/0001013857-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000022/pega-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001013857-25-000022

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