Pegasystems Q2 FY26 net income drops 56% to $13.33 million; revenue rises 9% to $420.72 million

Reuters2026/07/21 20:10

By:Reuters

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Pegasystems posted Q2 2026 revenue of USD 420.72 million, up 9% year over year; GAAP net income fell 56% to USD 13.33 million.
Diluted GAAP EPS dropped 53% to USD 0.08; non-GAAP net income rose 19% to USD 59.53 million.
Annual contract value climbed 7% to USD 1.62 billion, as clients delayed purchases amid “unprecedented changes” in the AI market.
Pega Cloud ACV increased 22% to USD 926.29 million; operating cash flow rose 3% to USD 298.23 million in the first half.
CEO Alan Trefler highlighted Pega Infinity 26’s design-time AI agents to manage token costs; CFO Ken Stillwell cited record first-half cash flow.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pegasystems Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260721204149) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pegasystems Q2 FY26 net income drops 56% to $13.33 million; revenue rises 9% to $420.72 million

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