What is Pegasystems's R&D?

Pegasystems (PEGA) reported R&D of $82.05M in Q1 2026.

How has Pegasystems's R&D changed year-over-year?

Pegasystems's R&D increased by 10.4% year-over-year, from $74.29M to $82.05M.

What is the long-term trend for Pegasystems's R&D?

Over 4 years (2021 to 2025), Pegasystems's R&D has grown at a 4.7% compound annual growth rate (CAGR), from $260.63M to $312.68M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Pegasystems PEGA R&D

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Segments

By segment

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Reportable Segment$82.05M+10.4%

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/S3×+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

See full

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:ResearchAndDevelopmentExpense.

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 R&D?: Pegasystems (PEGA) reported R&D of $82.05M in Q1 2026.
How has Pegasystems's R&D changed year-over-year?: Pegasystems's R&D increased by 10.4% year-over-year, from $74.29M to $82.05M.
What is the long-term trend for Pegasystems's R&D?: Over 4 years (2021 to 2025), Pegasystems's R&D has grown at a 4.7% compound annual growth rate (CAGR), from $260.63M to $312.68M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.