Pegasystems Inc. logo PEGA - Pegasystems Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 17
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $56.60 DETAILS
HIGH: $60.00
LOW: $48.00
MEDIAN: $60.00
CONSENSUS: $56.60
UPSIDE: 64.77%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue
Revenue 1,745.8 1,497.2 1,432.6 1,317.8 1,211.7 1,017.5 911.4 891.6 840.6 750.3 682.7 590.0 509.0 461.7 416.7 336.6 264.0 211.6 161.9 126.0 102.0 96.5 99.3 97.4 92.3 80.8 76.6 60.4 44.4 33.5 22.2
Cost of Revenue 421.4 390.7 378.5 368.6 336.4 310.9 310.0 301.8 279.7 239.3 213.4 185.1 157.4 157.4 164.8 128.7 90.9 81.8 65.2 53.8 33.3 33.1 27.4 31.9 40.4 44.1 28.1 24.5 8.8 5.9 5.3
Gross Profit 1,324.4 1,106.5 1,054.1 949.2 875.3 706.6 601.4 589.8 608.8 523.0 469.2 404.9 351.5 304.3 251.9 207.9 173.1 129.9 96.7 72.3 66.9 70.2 71.9 65.5 54.7 39.4 48.5 37.3 35.6 27.6 16.9
Operating Expenses
R&D Expenses 312.7 298.1 295.5 294.3 260.6 237.0 205.2 181.7 162.9 145.5 126.4 108.6 79.7 76.7 65.3 55.2 38.9 31.5 26.2 22.7 19.5 19.9 21.6 21.3 20.8 15.1 19.8 23.4 15.1 8.2 0
SG&A Expenses 727.4 647.6 655.9 742.5 709.4 613.1 531.0 425.1 352.7 323.9 278.1 244.1 210.7 196.2 175.7 141.3 92.4 83.9 68.6 56.7 46.2 44.5 35.6 32.8 27.3 34.5 27.8 30.7 20.6 7.9 12.2
Other Expenses 21.3 36.9 21.7 21.7 0 0 0 0 0 2.9 0.1 0.7 3.0 0 0.4 14.0 0 0 0 0 0 0 0 0 0 15.8 6.8 5.6 3.2 1.6 1.5
Operating Expenses 1,061.3 982.6 973.2 1,058.6 970.0 850.1 736.2 606.8 515.6 472.3 404.6 353.4 293.5 272.9 241.4 210.4 131.3 115.4 94.8 79.4 65.7 64.4 57.2 54.1 48.1 65.4 54.4 60.1 38.9 17.7 13.7
Operating Income
Operating Income 263.1 123.9 81.0 (109.4) (94.7) (143.5) (134.9) (17.0) 93.2 50.6 64.7 51.5 58.1 31.4 10.5 (2.6) 41.8 14.5 2.0 (7.1) 1.2 5.8 14.7 11.5 6.5 (26.0) (5.9) (22.8) (3.3) 9.9 3.2
Interest Expense 1.3 6.8 6.9 7.8 8.0 19.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 13.6 25.8 9.3 1.6 0.7 1.2 1.8 2.7 0.9 0.9 1.1 0.7 0.5 0.4 0.4 0.9 3.5 5.6 8.0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 307.8 184.9 137.0 (119.3) (95.4) (84.2) (113.2) 13.8 117.9 77.7 87.8 75.6 81.2 50.0 28.4 23.4 44.6 16.6 3.9 (4.8) 2.9 7.2 16.2 16.5 12.8 (19.3) 0.9 (17.2) (0.1) 11.5 4.7
EBIT 281.9 149.5 102.3 (154.0) (124.0) (105.5) (134.6) (11.5) 93.2 53.5 64.8 52.2 61.1 31.4 10.9 11.4 41.8 14.5 2.0 (7.1) 1.2 5.8 14.7 11.5 6.5 (26.0) (5.9) (22.8) (3.3) 9.9 3.2
Income Before Tax 280.6 142.6 95.4 (161.8) (132.0) (124.9) (134.8) (11.5) 37.1 35.2 60.5 48.0 56.4 30.9 10.8 (6.2) 47.4 15.7 9.9 1.2 4.6 11.1 21.8 17.2 13.5 (20.6) (0.9) (19.5) 1.8 12.1 4.7
Income Tax Expense (112.8) 43.4 27.6 183.8 (68.9) (63.5) (44.4) (22.2) 4.2 8.2 24.2 14.7 18.4 9.1 0.7 (0.3) 15.2 4.7 3.3 (0.7) (0.1) 3.6 4.2 1.9 1 0.3 1.5 (6.4) 0.7 4.6 1.8
Net Income 393.4 99.2 67.8 (345.6) (63.0) (61.4) (90.4) 10.6 32.9 27.0 36.3 33.3 38.0 21.9 10.1 (5.9) 32.2 11.0 6.6 1.8 4.7 7.6 17.7 15.3 12.5 (20.9) (2.4) (13.1) 1.1 7.5 2.9
Per Share Data
EPS (Basic) 2.30 0.58 0.41 -2.11 -0.39 -0.38 -0.57 0.07 0.64 0.17 0.23 0.22 0.25 0.14 0.07 -0.04 0.22 0.07 0.04 0.01 0.04 0.10 0.12 0.13 0.10 -0.18 -0.02 -0.12 0.01 0.07 0.03
EPS (Diluted) 2.13 0.55 0.40 -2.11 -0.39 -0.38 -0.57 0.06 0.59 0.17 0.23 0.21 0.24 0.14 0.07 -0.04 0.21 0.07 0.04 0.01 0.04 0.10 0.12 0.12 0.10 -0.18 -0.02 -0.12 0.01 0.07 0.03
Shares Outstanding 170.8 170.5 166.3 163.9 162.8 160.7 158.1 157.1 154.9 152.7 153.0 152.7 151.9 151.4 150.0 148.1 144.8 144.6 143.5 140.9 143.1 71.4 138.1 135.3 130.7 116.8 115.8 114.4 110 105.6 96.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Current Assets
Cash & Cash Equivalents 212.4 337.1 229.9 145.1 160.0 171.9 68.4 114.4 162.3 70.6 63.9 36.1 20.9 68.0 57.4 33.0 17.3 30 24.8 52 24.2 0.5
Short-Term Investments 213.4 402.9 193.4 152.2 202.8 293.3 0 93.0 61.5 63.2 138.8 131.1 76.5 19.9 0 0 0 0 0 0 0 0
Net Receivables 482.6 552.9 562.5 511.8 422.0 438.3 379.9 353.5 382.8 279.2 44.4 43.3 15.5 9.6 6.0 9.6 41.4 32.8 43.5 20.3 14.6 8.9
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 4.6 2.7 9.6 37.5 55.5 73.5 57.3 49.7 41.1 12.2 9.1 13.4 31.4 28.6 32.2 31.4 2.3 1.7 2.4 1.5 1.2 0.4
Total Current Assets 978.3 1,333.7 1,029.0 846.5 840.2 976.9 505.6 610.6 472.1 398.8 256.2 224.0 145.5 126.8 100.6 76.3 61.1 64.5 69.5 73.8 40 9.8
Non-Current Assets
Property, Plant & Equipment 105.8 104.2 111.5 131.2 114.4 108.0 34.3 36.6 40.4 38.3 8.9 5.7 1.6 1.0 1.7 3.1 6.6 8.3 10 5.6 3 2.2
Goodwill 81.5 81.1 81.6 81.4 81.9 79.2 79.0 72.9 73.0 73.2 2.4 2.1 2.3 0 3.2 0 0 0 0 0 0 0
Intangible Assets 1.2 3.8 7.0 10.9 14.1 15.7 19.7 21.2 31.9 44.2 3.3 5.9 0.4 3.1 48.7 43.2 37.4 44.6 0 0 0 0
Long-Term Investments 22.0 21.2 19.4 13.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 267.5 219.9 258.5 269.9 362.3 336.3 346.2 241.2 162.7 4.0 1.2 0 44.5 53.8 2.0 2.6 5.5 7.6 58.6 48.1 23.9 13.9
Total Non-Current Assets 653.5 434.6 481.7 511.2 753.3 627.4 479.2 371.9 249.5 255.9 23.3 21.9 48.8 57.9 55.7 48.8 49.4 60.5 68.6 53.7 26.9 16.1
Total Assets 1,631.8 1,768.3 1,510.7 1,357.7 1,593.5 1,604.3 984.8 982.6 721.6 654.7 279.6 245.8 194.3 184.7 156.2 125.1 110.5 125 138.1 127.5 66.9 25.9
Current Liabilities
Account Payables 12.9 6.2 11.3 18.2 15.3 24.0 17.5 16.5 17.4 14.4 4.8 4.7 9.5 7.8 5.2 4.9 11.9 13.6 14.8 5.4 2.7 1.7
Short-Term Debt 0 467.5 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0.1 0.3 0.2 0.1 0 0 0.8
Deferred Revenue 509.3 423.9 377.8 325.2 275.8 232.9 190.1 185.1 201.7 186.6 32.9 32.2 9.1 14.2 12.1 6.2 0 0 0 0 0 0
Other Current Liabilities 155.9 144.6 135.0 127.7 120.9 123.0 122.4 87.0 66.0 60.7 0 0 0 0 0 0 5.1 8.8 21.5 5.7 3 2.9
Total Current Liabilities 737.8 1,086.1 577.1 538.9 485.4 460.1 378.0 331.8 313.2 284.0 67.7 64.9 26.6 30.9 25.1 19.1 17.3 22.6 36.7 11.1 5.7 5.4
Non-Current Liabilities
Long-Term Debt 0 0 499.4 593.6 590.7 518.2 0 0 0 0 0 0 0 0 0 0 0.1 0.3 0.2 0 0 0.8
Deferred Tax Liabilities 0 0 0 0 0 0 0 6.9 38.5 0 0 0 1.5 0.6 0 1 1 1 0.8 3.7 8.8 4.9
Other Non-Current Liabilities 36.3 27.0 11.1 11.6 7.8 15.7 15.2 22.3 17.1 20.3 6.7 7.8 0.8 0.1 0.2 0.0 0.1 0.1 0 0 0 0.1
Total Non-Current Liabilities 106.7 96.7 579.8 687.9 692.0 602.0 67.8 29.2 37.3 34.7 6.7 7.8 2.5 0.7 0.2 1.0 1.1 1.4 0.9 3.7 8.8 5.8
Total Liabilities 844.5 1,182.8 1,156.9 1,226.8 1,177.4 1,062.1 445.8 361.0 350.5 318.8 74.4 72.7 29.1 31.6 25.3 20.1 18.4 24 37.6 14.8 14.5 11.2
Stockholders' Equity
Common Stock 1.7 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0 0 0 0
Retained Earnings 463.4 87.9 (8.7) (76.5) 276.4 339.9 410.9 510.9 221.9 198.3 81.8 53.9 41.3 33.7 16.1 0.8 (11.8) 9.1 10 23.1 22 14.5
Accumulated Other Comprehensive Income (8.6) (30.2) (17.9) (23.1) (7.0) (2.9) (13.2) (13.3) (3.7) (7.1) 1.7 0.9 1.4 1.7 1.0 2.6 2.6 2.7 0 0 0 0
Total Stockholders' Equity 787.4 585.5 353.8 130.8 416.1 542.2 539.0 621.5 371.1 335.9 205.2 173.1 165.2 153.2 130.9 105.0 92.1 101 100.5 112.7 52.4 14.7
Total Liabilities & Equity 1,631.8 1,768.3 1,510.7 1,357.7 1,593.5 1,604.3 984.8 982.6 721.6 654.7 279.6 245.8 194.3 184.7 156.2 125.1 110.5 125 138.1 127.5 66.9 25.9
Debt Metrics
Total Debt 76.0 549.7 581.3 687.7 685.5 595.8 52.6 0 0 0 0 0 0.3 0 0 0.1 0.4 0.5 0.3 0 0 1.6
Net Debt (136.5) 212.6 351.4 542.7 525.6 423.9 (15.8) (114.4) (162.3) (70.6) (63.9) (36.1) (20.6) (68.0) (57.4) (32.9) (16.9) (29.5) (24.5) (52) (24.2) 1.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Operating Activities
Net Income 393.4 99.2 67.8 (345.6) (63.0) (61.4) (90.4) 10.6 32.9 27.0 4.7 7.6 17.7 15.3 12.5 (20.9) (2.4) (13.1) 1.1 7.5 2.9
Depreciation & Amortization 25.9 35.4 34.7 34.7 28.6 21.3 21.4 25.3 39.4 22.4 1.7 1.4 1.5 5.0 6.2 6.6 6.8 5.6 3.2 1.6 1.5
Stock-Based Compensation 155.2 142.7 143.4 122.2 115.9 103.1 80.9 63.9 53.3 40.8 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 39.4 19.2 (78.0) (64.4) (59.5) (33.0) (51.0) 20.7 32.6 (44.5) 18.8 (3.9) (0.5) 6.5 (3.1) (7.3) 2.2 (8.1) (16.9) (16.3) (6)
Other Non-Cash Items 62.0 51.0 49.6 106.5 92.5 29.2 46.3 14.8 (13.8) 142.5 0.7 1.1 1.7 (0.3) 0.2 10.4 (0.6) 2.2 1.9 0.3 (0.2)
Operating Cash Flow 505.2 345.9 217.8 22.3 39.1 (0.6) (42.2) 104.4 158.2 39.9 25.3 7.6 21.0 27.1 15.9 (11.2) 6.3 (20) (10) (2.9) 0.8
Investing Activities
Capital Expenditure (14.5) (7.7) (16.8) (35.4) (10.5) (25.4) (10.6) (11.9) (13.7) (19.1) (2.2) (1.1) (0.4) (1.0) (0.6) (2.6) (2.8) (7.5) (4.5) (2) (1.4)
Acquisitions 0 0 0 (0.9) (5.0) 296.3 (10.9) (0.8) (0.3) (49.1) 2.2 1.1 0 (0.6) 0 0 0 0 0 0 0
Purchases of Investments (348.6) (559.4) (287.3) (41.0) (79.1) (326.5) (11.4) (69.5) (27.7) (24.0) (44.4) (163.8) (46.2) (6.1) 0 0 0 0 0 0 0
Sales/Maturities of Investments 560.4 364.5 253.3 90.4 167.1 30.2 103.0 34.0 27.0 85.0 26.5 106.6 32.3 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 (296.3) 0 (35.5) (0.7) 61.0 (2.2) (1.1) (0.0) 0.2 0.5 (0.4) 0.2 0 (10) 0 0
Investing Cash Flow 197.2 (202.6) (50.8) 13.1 72.5 (321.7) 70.1 (48.2) (14.8) (7.2) (20.2) (58.3) (14.3) (7.5) (0.1) (3.0) (2.6) (7.5) (14.5) (2) (1.4)
Financing Activities
Net Debt Issuance (467.9) (33.9) (89.0) 0 0 600 0 0 0 0 (0.1) (0.0) 0 (0.1) (0.3) (0.1) 0.1 0 0 (1.6) 0.7
Stock Repurchased (517.2) (73.5) (1.9) (46.3) (122.6) (103.5) (67.0) (92.0) (45.0) (43.4) (5.9) 0 0 0 0 0 0 0 0 0 0
Dividends Paid (15.4) (10.2) (10.0) (9.8) (9.8) (9.6) (9.5) (9.4) (9.3) (9.2) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 87.4 18.9 9.2 10.6 (63.4) 2.2 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0
Financing Cash Flow (834.6) (30.2) (82.0) (47.0) (121.8) 423.4 (74.3) (101.5) (54.2) (51.7) (4.1) 3.5 3.0 4.4 0.0 1.6 1.2 0.4 52.6 28.5 0.7
Cash Position
Net Change in Cash (125.2) 108.7 87.8 (14.9) (11.9) 103.5 (46.1) (47.9) 91.7 (22.4) 0.4 (47.1) 10.6 24.4 15.7 (12.7) 5.2 (27.2) 27.8 23.7 0.2
Cash at Beginning 341.5 232.8 145.1 160.0 171.9 68.4 114.4 162.3 70.6 93.0 20.9 68.0 57.4 33.0 17.3 30.0 24.8 52 24.2 0.5 0.5
Cash at End 216.4 341.5 232.8 145.1 160.0 171.9 68.4 114.4 162.3 70.6 21.3 20.9 68.0 57.4 33.0 17.3 30 24.8 52 24.2 0.7
Free Cash Flow 490.7 338.2 201.0 (13.0) 28.7 (25.9) (52.8) 92.5 144.5 20.8 23.1 6.4 20.6 26.1 15.3 (13.8) 3.5 (27.5) (14.5) (4.9) (0.6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Income Statement
Revenue 1,745.8 1,497.2 1,432.6 1,317.8 1,211.7 1,017.5 911.4 891.6 840.6 750.3 682.7 590.0 509.0 461.7 416.7 336.6 264.0 211.6 161.9 126.0 102.0 96.5 99.3 97.4 92.3 80.8 76.6 60.4 44.4 33.5 22.2
Gross Profit 1,324.4 1,106.5 1,054.1 949.2 875.3 706.6 601.4 589.8 608.8 523.0 469.2 404.9 351.5 304.3 251.9 207.9 173.1 129.9 96.7 72.3 66.9 70.2 71.9 65.5 54.7 39.4 48.5 37.3 35.6 27.6 16.9
Operating Income 263.1 123.9 81.0 (109.4) (94.7) (143.5) (134.9) (17.0) 93.2 50.6 64.7 51.5 58.1 31.4 10.5 (2.6) 41.8 14.5 2.0 (7.1) 1.2 5.8 14.7 11.5 6.5 (26.0) (5.9) (22.8) (3.3) 9.9 3.2
Net Income 393.4 99.2 67.8 (345.6) (63.0) (61.4) (90.4) 10.6 32.9 27.0 36.3 33.3 38.0 21.9 10.1 (5.9) 32.2 11.0 6.6 1.8 4.7 7.6 17.7 15.3 12.5 (20.9) (2.4) (13.1) 1.1 7.5 2.9
EPS (Diluted) 2.13 0.55 0.40 -2.11 -0.39 -0.38 -0.57 0.06 0.59 0.17 0.23 0.21 0.24 0.14 0.07 -0.04 0.21 0.07 0.04 0.01 0.04 0.10 0.12 0.12 0.10 -0.18 -0.02 -0.12 0.01 0.07 0.03
Balance Sheet
Cash & Equivalents 212.4 337.1 229.9 145.1 160.0 171.9 68.4 114.4 162.3 70.6 63.9 36.1 20.9 68.0 57.4 33.0 17.3 30 24.8 52 24.2 0.5
Total Assets 1,631.8 1,768.3 1,510.7 1,357.7 1,593.5 1,604.3 984.8 982.6 721.6 654.7 279.6 245.8 194.3 184.7 156.2 125.1 110.5 125 138.1 127.5 66.9 25.9
Total Debt 76.0 549.7 581.3 687.7 685.5 595.8 52.6 0 0 0 0 0 0.3 0 0 0.1 0.4 0.5 0.3 0 0 1.6
Stockholders' Equity 787.4 585.5 353.8 130.8 416.1 542.2 539.0 621.5 371.1 335.9 205.2 173.1 165.2 153.2 130.9 105.0 92.1 101 100.5 112.7 52.4 14.7
Cash Flow
Operating Cash Flow 505.2 345.9 217.8 22.3 39.1 (0.6) (42.2) 104.4 158.2 39.9 25.3 7.6 21.0 27.1 15.9 (11.2) 6.3 (20) (10) (2.9) 0.8
Capital Expenditure (14.5) (7.7) (16.8) (35.4) (10.5) (25.4) (10.6) (11.9) (13.7) (19.1) (2.2) (1.1) (0.4) (1.0) (0.6) (2.6) (2.8) (7.5) (4.5) (2) (1.4)
Free Cash Flow 490.7 338.2 201.0 (13.0) 28.7 (25.9) (52.8) 92.5 144.5 20.8 23.1 6.4 20.6 26.1 15.3 (13.8) 3.5 (27.5) (14.5) (4.9) (0.6)