---
schema_version: "secwatch.filing_event.v1"
accession: "0001013857-25-000209"
form_type: "8-K"
ticker: "PEGA"
cik: "0001013857"
company_name: "PEGASYSTEMS INC"
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:02:21.900641+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Pegasystems Q2 revenue $384.5M (+9% YoY); ACV up 16%; GAAP EPS $0.17 vs $0.04

## Summary
- Total revenue $384.5M (+9% YoY); Pega Cloud revenue $166.7M (+24% YoY) driven by AI strategy.
- ACV grew 16% YoY as reported (14% constant currency); Pega Cloud ACV up 28% as reported.
- GAAP net income $30.1M (EPS $0.17) vs $6.6M (EPS $0.04) a year ago; non-GAAP EPS $0.28 up 8%.
- Cash flow from operations and free cash flow both grew over 30% YoY; Pega Cloud backlog up 30%.
- CEO Alan Trefler cites Pega Blueprint AI as key driver; company focused on Rule of 40 principles.

## SEC filing metadata
- accession: 0001013857-25-000209
- form_type: 8-K
- ticker: PEGA
- cik: 0001013857
- company_name: PEGASYSTEMS INC
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013857/000101385725000209/0001013857-25-000209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013857/000101385725000209/pega-20250722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013857-25-000209
- JSON: https://secwatch.observer/filing/0001013857-25-000209.json
- Plain text: https://secwatch.observer/filing/0001013857-25-000209.txt

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