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Pegasystems PEGA Unbilled Revenue

Unbilled Revenue at other companies

ROP
Roper Technologies, Inc.ROP
$142.7M+5.2%
Cognex logo
CognexCGNX
$16.4M+495%
Teledyne Technologies logo
Teledyne TechnologiesTDY
$419M+13.8%
Pegasystems logo
PegasystemsPEGA
$142.06M-20.7%
Symbotic Inc. logo
Symbotic Inc.SYM
$453M+183%
Evercore logo
EvercoreEVR
$61.56M+88.5%

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:UnbilledReceivablesCurrent.

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 unbilled revenue?
Pegasystems (PEGA) reported unbilled revenue of $142.06M in Q1 2026.
How has Pegasystems's unbilled revenue changed year-over-year?
Pegasystems's unbilled revenue decreased by 20.7% year-over-year, from $179.09M to $142.06M.
What is the long-term trend for Pegasystems's unbilled revenue?
Over 5 years (2020 to 2025), Pegasystems's unbilled revenue has grown at a -4.3% compound annual growth rate (CAGR), from $207.16M to $166.48M.
What does unbilled revenue mean?
This represents the value of services or products delivered to customers for which the company has earned revenue but has not yet issued an invoice. It serves as a key indicator of contract performance and future cash inflows from existing customer agreements. Monitoring this balance helps assess the timing of revenue recognition relative to the billing cycle.