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Pegasystems PEGA Maintenance — 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%
Consulting
$50.23M-13.1%

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TNLAncillary Revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$0-100%
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TNLTransaction Revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$109M-6.8%
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QSRProperty revenues — Revenue from Contract with Customer, Excluding Assessed Tax
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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
(in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Pega Cloud$213,934$166,743$418,965$317,866
Maintenance74,52879,271149,845155,639
Consulting50,22657,824104,999118,245
Revenue recognized over time338,688303,838673,809591,750
Subscription license82,02880,674176,880268,395
Revenue recognized at a point in time82,02880,674176,880268,395
Total revenue$420,716$384,512$850,689$860,145

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pegasystems's maintenance — revenue from contract with customer, excluding assessed tax?
Pegasystems (PEGA) reported maintenance — revenue from contract with customer, excluding assessed tax of $74.53M in Q2 2026.
How has Pegasystems's maintenance — revenue from contract with customer, excluding assessed tax changed year-over-year?
Pegasystems's maintenance — revenue from contract with customer, excluding assessed tax decreased by 6.0% year-over-year, from $79.27M to $74.53M.
What is the long-term trend for Pegasystems's maintenance — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Pegasystems's maintenance — revenue from contract with customer, excluding assessed tax has grown at a -0.4% compound annual growth rate (CAGR), from $320.26M to $314.59M.
What does maintenance — revenue from contract with customer, excluding assessed tax mean?
This represents the net revenue recognized from maintenance and support service contracts, excluding any pass-through taxes collected from customers. It serves as a primary indicator of the recurring revenue stream generated by providing ongoing technical support and software updates to the existing enterprise client base.

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