Rohit Ghai
On January 16, 2025, the Board of Directors (the “Board”) of Pegasystems Inc. (the “Corporation”) appointed Rohit Ghai as a new member of the Board effective January 16, 2025.
Highest-materiality recent filing
Pegasystems Q1 2026: Revenue down 10% to $430M; net income falls 62%
GAAP diluted EPS $0.18 vs $0.46 YoY; non-GAAP EPS $0.46 vs $0.76.
Pegasystems approves 2026 executive incentive plan with 70% threshold and RSU election option
Incentive plan funded based on 75% financial and 25% strategic goals; funding requires at least 70% achievement.
Pegasystems Q4 2025: ACV up 17%, EPS beat, $1B buyback expansion
ACV grew 17% YoY to $1.608B (14% constant currency); Pega Cloud ACV up 33%.
Pegasystems commits to restructuring, expects $13M Q4 2025 charge
Organizational changes primarily impact Consulting org, including role eliminations and reorganization.
Pegasystems wins Supreme Court of Virginia appeal; $2B verdict overturned, retrial ordered
Supreme Court of Virginia unanimously affirmed reversal of $2B trade secrets verdict against Pegasystems.
Pegasystems Q3 2025 revenue $381M (+17% YoY); GAAP net income $43.4M vs loss year ago
ACV grew 14% YoY to $1.56B; Pega Cloud ACV up 27% YoY.
Pegasystems Q2 revenue $384.5M (+9% YoY); ACV up 16%; GAAP EPS $0.17 vs $0.04
Total revenue $384.5M (+9% YoY); Pega Cloud revenue $166.7M (+24% YoY) driven by AI strategy.
Pegasystems effects 2-for-1 forward stock split; shares begin trading split-adjusted June 23
Record date for stock split was June 10, 2025; each share received one additional share.
Pegasystems shareholders approve 2-for-1 stock split; post-split trading expected June 23
Shareholders approved doubling authorized shares to 400M and 2-for-1 stock split.
Pegasystems provides investor presentation on June 2, 2025; no specific financial data disclosed
Presentation covers financial update by COO/CFO Ken Stillwell on June 2, 2025.
Pegasystems Q1 2025 revenue $475.6M (+44% YoY), GAAP EPS $0.91 vs -$0.14 loss
Non-GAAP net income $140.5M (EPS $1.53) vs $42.2M ($0.48) a year ago, up 233%.
Pegasystems approves 2025 executive compensation; CEO base $600k, target 100%
CEO Alan Trefler base salary $600k, target bonus 100% of base.
Pega repays $469.6M convertible notes at maturity; achieves Rule of 40 status
Repaid $469.6M in cash (principal + accrued interest) on 0.75% convertible notes due March 1, 2025.
Q4 revenue $490.8M (+3% YoY); full-year revenue $1.50B (+5%); net income GAAP $99.2M ($1.11 diluted EPS) vs $67.8M ($0.73) prior year.
Pegasystems Compensation Committee approves 2025 executive bonus plan
Plan funding based 75% on financial goals and 25% on strategic goals; threshold is 70% of target.
Pega appoints Rohit Ghai (RSA CEO) to board effective Jan 16, 2025
Rohit Ghai appointed to Pega board effective Jan 16, 2025; board expands from 7 to 8 members.
Pegasystems repurchases $34.4M of 2025 convertible notes at 98.5% of par
Repurchased $34.4M principal of 0.75% convertible notes due 2025 at $98.50 per $100, plus accrued interest.
Pegasystems Q3 ACV up 16% to $1.36B; Pega Cloud ACV surges 30%; revenue falls 3%
ACV reached $1,360M, +16% YoY; Pega Cloud ACV +30% YoY (26% constant currency).
SEC closes investigation of Pegasystems with no enforcement action
SEC Division of Enforcement concluded investigation commenced March 2023.
Virginia Appeals Court reverses $2B trade-secret verdict against Pegasystems
Court of Appeals of Virginia reversed judgment on Appian's VUTSA trade-secret claims and remanded for new trial.
Pegasystems Q2 revenue $351M (+18%), ACV up 13% CC, Pega Cloud backlog exceeds $1B
Annual contract value (ACV) of $1.305B, up 13% YoY in constant currency.
All seven director nominees elected; Alan Trefler received 67.8M for (99.0%), Larry Weber 47.9M for (69.9%) with 20.6M against.
Pegasystems conducts investor session on June 10, 2024; no material financial data disclosed
Company presented to investors on June 10, 2024, as part of an investor session.
Pega Q1 cash flow $180M, ACV up 9%, non-GAAP EPS $0.48
Cash flow from operations and free cash flow both reached $180M in Q1 2024.
On January 16, 2025, the Board of Directors (the “Board”) of Pegasystems Inc. (the “Corporation”) appointed Rohit Ghai as a new member of the Board effective January 16, 2025.
Max materiality 0.90 · Median 0.65 · Most common event earnings