secwatch.observer — SEC 8-K summary
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Issuer:     PEGASYSTEMS INC (PEGA)
CIK:        0001013857
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001013857-26-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pegasystems Q4 2025: ACV up 17%, EPS beat, $1B buyback expansion
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- ACV grew 17% YoY to $1.608B (14% constant currency); Pega Cloud ACV up 33%.
- Q4 revenue $504.3M (+3% YoY); GAAP diluted EPS $1.27 vs $0.63, non-GAAP $0.76 vs $0.80.
- Full-year 2025 revenue $1.746B (+17%); GAAP net income $393.4M vs $99.2M.
- 2026 guidance: 15% ACV growth, revenue $2.0B, non-GAAP EPS $2.75, FCF $575M.
- Share repurchase authorization increased by $1B; program extended to June 30, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013857/000101385726000015/0001013857-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013857/000101385726000015/pega-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001013857-26-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer