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

Other product segments

Subscription services
$280.35M+23.2%
Pega Cloud
$205.03M+35.7%
Subscription license
$94.85M-49.5%
Maintenance
$75.32M-1.4%
Consulting
$54.77M-9.3%

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Other financials

Income statement

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Revenue$430.0M-9.6%
Gross profit$323.2M-13.4%
Operating income$37.1M-70.7%
Net income$32.8M-61.6%
EPS (diluted)$0.18-60.9%

Balance sheet

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Cash & equivalents$274.3M+16.6%
Total debt$72.1M-9.0%
Total equity$705.9M+15.5%
Total assets$1.6B+17.3%

Cash flow

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Operating cash flow$212.3M+3.9%
CapEx$5.7M+205%
Free cash flow$206.5M+2.1%

Valuation

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Market cap$5.03B+20.5%
Enterprise value$4.83B+20.2%
P/E14.8×-6.5×
P/S+0.4×

Profitability

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Gross margin75%-0.8pp
Operating margin10.2%-6.3pp
Net margin20%+8.1pp
FCF margin29.1%+7.1pp

Returns & leverage

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Return on equity51.7%+12.5pp
Debt / equity0.1×0.0×
Current ratio1.2×-0.2×

Where this comes from

Reported directly by Pegasystems in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Pegasystems’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pegasystems's subscription — revenue from contract with customer, excluding assessed tax?
Pegasystems (PEGA) reported subscription — revenue from contract with customer, excluding assessed tax of $375.2M in Q1 2026.
How has Pegasystems's subscription — revenue from contract with customer, excluding assessed tax changed year-over-year?
Pegasystems's subscription — revenue from contract with customer, excluding assessed tax decreased by 9.6% year-over-year, from $415.21M to $375.2M.
What is the long-term trend for Pegasystems's subscription — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Pegasystems's subscription — revenue from contract with customer, excluding assessed tax has grown at a 12.2% compound annual growth rate (CAGR), from $957.47M to $1.52B.
What does subscription — revenue from contract with customer, excluding assessed tax mean?
This metric represents the total revenue recognized from subscription-based software licenses and cloud services, excluding any sales or value-added taxes collected from customers. It serves as a primary indicator of the company's recurring revenue growth and the successful adoption of its core software platform. By isolating subscription income, investors can evaluate the scalability and stability of the company's primary business model.