---
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"
generated_at: "2026-07-21T20:09:05.923695+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pega Q2 revenue up 9% to $420.7M; GAAP EPS $0.08, non-GAAP EPS $0.35; Pega Cloud ACV +22% YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013857-26-000049
- JSON: https://secwatch.observer/filing/0001013857-26-000049.json
- Plain text: https://secwatch.observer/filing/0001013857-26-000049.txt

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