{"schema_version":"secwatch.filing_event.v1","accession":"0001013857-26-000049","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2026-07-21T20:08:31+00:00","discovered_at":"2026-07-21T20:09:00.383162+00:00","generated_at":"2026-07-21T20:09:05.923695+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Pega Q2 revenue up 9% to $420.7M; GAAP EPS $0.08, non-GAAP EPS $0.35; Pega Cloud ACV +22% YoY","bullets":["Total ACV $1.62B, up 7% YoY (8% constant currency); Pega Cloud ACV +22% YoY.","Q2 GAAP net income $13.3M (down 56% YoY); non-GAAP net income $59.5M (up 19% YoY).","First-half 2026 cash flow from operations and free cash flow each exceeded $285M.","Subscription revenue $370.5M (88% of total), up 13% YoY; consulting revenue $50.2M, down 13%.","Company warns ACV growth slowed in H1 due to AI market shifts; may continue to affect rest of year."],"urls":{"canonical":"https://secwatch.observer/filing/0001013857-26-000049","json":"https://secwatch.observer/filing/0001013857-26-000049.json","markdown":"https://secwatch.observer/filing/0001013857-26-000049.md","text":"https://secwatch.observer/filing/0001013857-26-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000101385726000049/0001013857-26-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000101385726000049/pega-20260721.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-21T20:09:05.923695+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"}