PEGA PEGASYSTEMS INC

BEARISH Impact: 7/10 8-K
Horizon immediate Filed Apr 21, 2026 Processed 1mo ago SEC 0001013857-26-000025
8-K Item 2.02: Earnings release
Latest settled — T+20d
PEGA ▼ -10.62% at T+20d
SHORT call ✓ call won +10.62% · α vs SPY +13.78% · entry $37.48 → $33.50
Next anchor: T+60d in 5w
Last close $35.11 (close Jun 8) · +6.32% from $37.48 entry (call sign-flipped)
Entry anchored
Apr 21, 03:59 PM ET
via Databento tick
T+1d
-5.95%
call +5.95% · α +5.56%
$35.25
settled 7w ago
T+5d
-5.79%
call +5.79% · α +5.84%
$35.31
settled 6w ago
T+20d
-10.62%
call +10.62% · α +13.78%
$33.50
settled 22d ago
T+60d
—
call — · α —
—
in 5w

Price Chart

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Executive Summary

Pegasystems reported Q1 2026 earnings with a 10% revenue decline and a 61% GAAP EPS decline, missing consensus. However, the company reaffirmed its 2026 guidance and highlighted strong Pega Cloud ACV growth of 29% YoY, which is the primary driver of future growth.

Key Financial Metrics

Guidance
2.0 Billion
maintained
Free Cash Flow
$206.5M
Gross Margin
75.29%

Actionable Insight

Monitor the next earnings call for commentary on the revenue decline and sustainability of Pega Cloud ACV growth. The stock may react to the guidance reaffirmation and cloud momentum.

Key Facts

  • Q1 2026 revenue was $429.973M, down 10% YoY, missing $467.2M consensus
  • GAAP EPS was $0.18, down 61% YoY, missing $0.69 consensus
  • Non-GAAP EPS was $0.46, down 39% YoY
  • Pega Cloud ACV grew 29% YoY to $906.652M, a key growth driver
  • ACV grew 12% YoY to $1.622B
  • Company reaffirmed its 2026 guidance of $2.0B revenue and $595M cash flow from operations

Financial Impact

Revenue miss of $37.2M, GAAP EPS miss of $0.51

revenueepscashFlow

Risk Factors

  • Continued revenue decline could pressure stock
  • Pega Cloud ACV growth may not offset overall revenue decline

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Processing & Data Preparation

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001013857-26-000025
Document: pega-20260421.htm0001013857-26-000025
Document: 0001013857-26-000025-index-headers.html0001013857-26-000025
Document: 0001013857-26-000025-index.html0001013857-26-000025
Document: 0001013857-26-000025.txt0001013857-26-000025
8-K Data (Synthetic)0001013857-26-000025
7 reports for PEGA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for PEGA — sortable, filterable
Type Now
Jun 8, 2026
1d ago
8-K
NEUTRAL ★ 4/10
$35.10 awaiting T+20awaiting T+20—$35.11 (+0.03%)
Apr 24, 2026
6w ago
DEFA14A
NEUTRAL ★ 2/10
$36.77 $34.33▼ −6.64%▼ −11.59%$35.11 (−4.51%)
Apr 21, 2026
7w ago
8-K
BEARISH ★ 7/10
$37.48 $33.50▲ +10.62%▲ +13.78%$35.11 (+6.32%)
Mar 10, 2026
13w ago
Insider Cluster
NEUTRAL ★ 4/10
$44.66 $41.20▼ −7.74%▼ −7.59%$35.11 (−21.38%)
Mar 10, 2026
13w ago
Insider Cluster
NEUTRAL ★ 4/10
$44.66 $41.20▼ −7.74%▼ −7.59%$35.11 (−21.38%)
Mar 10, 2026
13w ago
Insider Cluster
NEUTRAL ★ 4/10
$44.66 $41.20▼ −7.74%▼ −7.59%$35.11 (−21.38%)
Mar 10, 2026
13w ago
Insider Cluster
BEARISH ★ 7/10
$44.66 $41.20▲ +7.74%▲ +7.59%$35.11 (+21.38%)
Showing 7 of 7

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