Pegasystems Q4 profit falls 17% as revenue rises 3%; board approves 2-for-1 stock split
Pegasystems reported fourth-quarter 2024 GAAP net income of $119.1 million, down 17% from a year earlier, on revenue of $490.8 million, up 3%. Full-year 2024 revenue rose 5% to $1.5 billion, and the company gave 2025 guidance of $1.6 billion in revenue and $1.60 in GAAP diluted earnings per share. The board also approved a two-for-one stock split, which is subject to stockholder approval at the June 17, 2025 annual meeting.
Key points
- Q4 2024 GAAP net income was $119.1 million, down 17%; GAAP diluted EPS was $1.25 versus $1.61.
- Full-year 2024 revenue was $1.5 billion, up 5%; full-year GAAP diluted EPS was $1.11 versus $0.73.
- 2025 guidance: revenue of $1.6 billion, GAAP diluted EPS of $1.60, and free cash flow of $440 million.
- Stock split requires stockholder approval; record date June 10, 2025, distribution expected June 20, 2025, post-split trading from June 23, 2025.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.