{"schema_version":"secwatch.filing_event.v1","accession":"0001013857-25-000103","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2025-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.149291+00:00","generated_at":"2026-05-23T08:53:04.454322+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pegasystems Q1 2025 revenue $475.6M (+44% YoY), GAAP EPS $0.91 vs -$0.14 loss","bullets":["Non-GAAP net income $140.5M (EPS $1.53) vs $42.2M ($0.48) a year ago, up 233%.","Annual Contract Value (ACV) grew 13% to $1.445B; Pega Cloud ACV up 23% YoY.","Operating cash flow $204M and free cash flow $202M in Q1, both record highs.","Total subscription revenue $414M, up 50% YoY; subscription license revenue $186.6M (+195%).","Backlog grew 21% YoY; company cites Pega GenAI driving client engagement and transformation."],"urls":{"canonical":"https://secwatch.observer/filing/0001013857-25-000103","json":"https://secwatch.observer/filing/0001013857-25-000103.json","markdown":"https://secwatch.observer/filing/0001013857-25-000103.md","text":"https://secwatch.observer/filing/0001013857-25-000103.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000101385725000103/0001013857-25-000103-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000101385725000103/pega-20250422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T08:53:04.454322+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"}