Pegasystems Q1 2026: Revenue down 10% to $430M; net income falls 62%

PEGASYSTEMS INC

2026-Q1 EPS reported $0.18 revenue$429,973,000

GAAP diluted EPS $0.18 vs $0.46 YoY; non-GAAP EPS $0.46 vs $0.76.
Total ACV $1.622B, up 12% YoY; Pega Cloud ACV grew 29% YoY (27% constant currency).
Pega Cloud revenue $205M, up 36% YoY; subscription license revenue $94.9M, down 49%.
Cash flow from operations and free cash flow both exceeded $200M in Q1.
Management cites Blueprint AI as driver for cloud momentum and enterprise transformation.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PEGASYSTEMS INC reported Three Months Ended March 31, 2026 results: revenue $ 429,973, net income $ 32,764, EPS $ 0.18.

Period: Three Months Ended March 31, 2026
Revenue: $ 429,973
Net income: $ 32,764
EPS: $ 0.18
Result: reported results

Exact text from the filing

Total revenue $ 429,973 $ 475,633 (10) % Net income - GAAP $ 32,764 $ 85,422 (62) % Net income - non-GAAP $ 83,068 $ 140,542 (41) % Diluted earnings per share - GAAP $ 0.18 $ 0.46 (61) %

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PEGASYSTEMS INC filing history →

Source: SEC EDGAR

accession 0001013857-26-000025

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