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Pegasystems PEGA Consulting — Revenue from Contract with Customer, Excluding Assessed Tax

Other product segments

Subscription
$370.49M+13.4%
Subscription services
$288.46M+17.3%
Pega Cloud
$213.93M+28.3%
Subscription license
$82.03M+1.7%
Maintenance
$74.53M-6.0%

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$0-100%
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TNLTransaction Revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$109M-6.8%
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NTRSOther — Revenue from Contract with Customer, Excluding Assessed Tax
$68.6M+8.2%

Other financials

Income statement

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Revenue$420.7M+9.4%
Gross profit$312.7M+13.7%
Operating income$16.6M-3.7%
Net income$13.3M-55.7%
EPS (diluted)$0.08-52.9%

Balance sheet

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Cash & equivalents$189.1M-8.3%
Total debt$72.0M-8.9%
Total equity$560.4M-10.3%
Total assets$1.4B+4.5%

Cash flow

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Operating cash flow$86.0M-0.3%
CapEx$4.2M+98.6%
Free cash flow$81.7M-2.9%

Valuation

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Market cap$5.21B-47.2%
Enterprise value$5.09B-47.7%
P/E16.1×-28.7×
P/S-2.9×

Profitability

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Gross margin75.6%+0.1pp
Operating margin9.9%-6.5pp
Net margin18.7%+5.5pp
FCF margin28.4%+4.1pp

Returns & leverage

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Return on equity54.7%+13.1pp
Debt / equity0.1×0.0×
Current ratio1.1×-0.4×

Where this comes from

Reported directly by Pegasystems in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Pegasystems’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001013857-26-000050
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue
Subscription services$288,462$246,014$568,810$473,505
Subscription license82,02880,674176,880268,395
Consulting50,22657,824104,999118,245
Total revenue420,716384,512850,689860,145
Cost of revenue
Subscription services53,94141,510103,39079,638
Subscription license267364738752

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pegasystems's consulting — revenue from contract with customer, excluding assessed tax?
Pegasystems (PEGA) reported consulting — revenue from contract with customer, excluding assessed tax of $50.23M in Q2 2026.
How has Pegasystems's consulting — revenue from contract with customer, excluding assessed tax changed year-over-year?
Pegasystems's consulting — revenue from contract with customer, excluding assessed tax decreased by 13.1% year-over-year, from $57.82M to $50.23M.
What is the long-term trend for Pegasystems's consulting — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Pegasystems's consulting — revenue from contract with customer, excluding assessed tax has grown at a 0.7% compound annual growth rate (CAGR), from $222.01M to $227.95M.
What does consulting — revenue from contract with customer, excluding assessed tax mean?
This metric represents the total net revenue generated from professional services and consulting engagements provided to clients, excluding any sales or value-added taxes. It serves as a primary indicator of the demand for the company's implementation and advisory services that support its core software platform. Growth in this figure reflects the company's ability to successfully deploy its solutions within enterprise environments.

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