Every material Form 8-K Pegasystems filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Pegasystems reported third-quarter 2026 revenue of $393.4 million, up 3% from a year earlier, while GAAP net income fell 68% to $14.1 million after a $16.0 million litigation settlement. Non-GAAP diluted EPS rose 17% to $0.35, but the company said ACV growth slowed sharply in the first nine months and may continue to weigh on growth and cash flow for the rest of 2026.
Q3 2026 total revenue was $393.4 million, up 3% from $381.4 million; GAAP diluted EPS was $0.08, down from $0.24.
Non-GAAP diluted EPS was $0.35, up 17% from $0.30; non-GAAP net income was $59.8 million, up 8%.
Total ACV was $1.65 billion, up 6% as reported; Pega Cloud ACV grew 20% and reached 59% of total ACV.
Nine-month free cash flow was $289.8 million, down 14%, and the company reiterated a target of $700 million or more in 2028.
Pegasystems reported second-quarter 2026 revenue of $420.7 million, up 9% from a year earlier, while GAAP net income fell 56% to $13.3 million. The company said clients delayed purchasing decisions amid AI market changes, so ACV growth slowed significantly in the first half and may keep weighing on ACV growth and cash flow for the rest of 2026.
Q2 2026 total revenue was $420.7 million, up 9% from $384.5 million; first-half revenue was $850.7 million, down 1%.
Q2 GAAP diluted EPS was $0.08 versus $0.17; non-GAAP diluted EPS was $0.35 versus $0.28.
Annual contract value (ACV) reached $1.62 billion at June 30, 2026, up 7% (8% in constant currency); Pega Cloud ACV rose 22%.
First-half free cash flow was $288.3 million versus $286.5 million, but management warned cash flow may be adversely affected for the rest of the year.
Pegasystems reported first-quarter 2026 results with total revenue of $430.0 million, down 10% from $475.6 million a year earlier. GAAP net income fell 62% to $32.8 million, and GAAP diluted earnings per share were $0.18 versus $0.46, though annual contract value rose 12% to $1.62 billion.
Total revenue was $430.0 million, down from $475.6 million; subscription license revenue fell 49% to $94.9 million.
GAAP diluted EPS was $0.18 versus $0.46; non-GAAP diluted EPS was $0.46 versus $0.76.
Annual contract value rose 12% to $1.62 billion (11% in constant currency), with Pega Cloud ACV up 29%.
Cash provided by operating activities was $212.3 million and free cash flow was $206.5 million.
Pegasystems' Compensation Committee approved a 2026 incentive plan for its executive officers on February 9, 2026. Bonuses depend on achieving corporate goals weighted 75% financial and 25% strategic, and officers may take half of their target bonus in restricted stock units.
Plan covers January 1, 2026 through December 31, 2026; no funding if the Funding Percentage is below 70%.
Officers may elect to receive 50% of their target incentive in RSUs, granted in March 2026 at 85% of the closing price.
RSUs vest on or about the 2027 incentive payout date, subject to funding and continued employment.
The filing gives no dollar amounts for the incentive pool or individual targets.
Pegasystems reported fourth-quarter and full-year 2025 results, with Q4 revenue up 3% and annual contract value up 17% for the year. Q4 GAAP diluted EPS more than doubled, but non-GAAP diluted EPS fell 5%, and the GAAP figure includes a $175 million non-cash tax benefit. The company also extended its share repurchase program to June 30, 2027 and raised its authorization by $1 billion.
Q4 2025 total revenue was $504.3 million, up 3% from $490.8 million a year earlier; full-year revenue was $1.75 billion, up 17%.
Q4 2025 GAAP diluted EPS was $1.27 versus $0.63; non-GAAP diluted EPS was $0.76 versus $0.80, down 5%.
2026 guidance: revenue of $2.0 billion, GAAP diluted EPS of $1.87, non-GAAP diluted EPS of $2.75, and free cash flow of $575 million.
Share repurchase program expiration extended from June 30, 2026 to June 30, 2027, with authorized repurchases increased by $1 billion.
Pegasystems committed on January 7, 2026 to organizational changes, mainly in its Consulting organization, including some role eliminations, to align roles and capacity with an AI-first delivery model. The company expects a charge of approximately $13 million in the fourth quarter of 2025, mostly for cash severance and related benefits.
Changes committed on January 7, 2026, primarily affecting the Consulting organization
Expected charge of approximately $13 million in Q4 2025, mainly cash severance and benefits
Affected employees are being notified; communications expected to be substantially complete in Q1 2026
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.
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