The earnings call highlighted strong growth in key performance indicators such as ACV and free cash flow, driven by innovative product offerings like Pega Blueprint and strategic partnerships. Despite some expected seasonal weakness and external challenges like currency fluctuations, the company's strategic initiatives and robust financial performance point towards a positive outlook.

Company Guidance

In the most recent earnings call for Pegasystems, the company provided several key metrics and insights regarding its performance and future guidance. The annual contract value (ACV) saw a notable increase of 16% year-over-year as reported, and 14% in constant currency. Pegasystems reported total ACV exceeding $1.5 billion for the first time, with Pega Cloud ACV growing by 28% as reported and 25% in constant currency. The net new ACV add increased by 60% year-over-year in constant currency for the first half of 2025, reflecting strong business momentum. Free cash flow reached $286 million in the first half of 2025, attributed to accelerated ACV growth and margin expansion. The company also highlighted that its total remaining performance obligation (backlog) increased by 31% as reported and 27% in constant currency year-over-year. Pegasystems indicated a strategic focus on capital allocation, with $251 million spent on share repurchases, representing over 85% of their free cash flow for the period. The guidance for the upcoming quarters includes seasonal expectations for Q3, historically the softest in terms of net new ACV add and free cash flow, due to the timing of contract renewals.

Record-High Annual Contract Value

Annual contract value grew 16% year-over-year as reported and 14% in constant currency, reflecting significant business momentum and strategic wins.

Pega Cloud ACV Growth

Pega Cloud ACV grew by 28% as reported and 25% in constant currency, marking the first time total ACV exceeded $1.5 billion.

Blueprint and Partner Collaborations

The introduction of Pega Blueprint and collaborations with major partners like Accenture, Capgemini, and AWS have increased market interest and engagement.

Strong Free Cash Flow

Free cash flow reached $286 million in the first half of 2025, driven by accelerated ACV growth and margin expansion.

Strategic Share Repurchases

Repurchased approximately $251 million worth of shares, representing over 85% of total free cash flow generated during the period.

Pegasystems (PEGA) Earnings, Revenues Date & History

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PEGA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.20 / -	0.195	―	―	―
Jul 22, 2025	2025 (Q2)	0.24 / 0.28	0.26	7.69% (+0.02)
Apr 22, 2025	2025 (Q1)	0.24 / 0.77	0.24	218.75% (+0.53)
Feb 12, 2025	2024 (Q4)	0.74 / 0.81	0.885	-9.04% (-0.08)
Oct 23, 2024	2024 (Q3)	0.17 / 0.20	0.22	-11.36% (-0.02)
Jul 24, 2024	2024 (Q2)	0.13 / 0.26	0.005	5100.00% (+0.26)
Apr 24, 2024	2024 (Q1)	0.21 / 0.24	0.115	108.70% (+0.12)
Feb 14, 2024	2023 (Q4)	0.50 / 0.89	0.41	115.85% (+0.48)
Oct 25, 2023	2023 (Q3)	<0.01 / 0.22	-0.17	229.41% (+0.39)
Jul 26, 2023	2023 (Q2)	0.02 / <0.01	-0.19	102.63% (+0.20)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PEGA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$50.92	$58.01	+13.92%
Apr 22, 2025	$34.36	$44.25	+28.78%
Feb 12, 2025	$52.99	$42.60	-19.61%
Oct 23, 2024	$34.82	$39.93	+14.68%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.