The Inventing Press

PEGASYSTEMS INC

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$1.7B$1.5B$1.4B$1.3B$1.2B
Cost of revenue$421.4M$390.7M$378.5M$368.6M$336.4M
Gross profit$1.3B$1.1B$1.1B$949.2M$875.3M
Research and development$312.7M$298.1M$295.5M$294.3M$260.6M
Operating expenses$1.1B$982.6M$973.2M$1.1B$970.0M
Operating income$263.1M$123.9M$81.0M-$109.4M-$94.7M
Interest expense$1.3M$6.8M$6.9M$7.8M$8.0M
Pretax income$280.6M$142.6M$95.4M-$161.8M-$132.0M
Income tax expense-$112.8M$43.4M$27.6M$183.8M-$68.9M
Net income$393.4M$99.2M$67.8M-$345.6M-$63.0M
Balance Sheet
Cash and equivalents$212.4M$337.1M$229.9M$145.1M$160.0M
Current assets$978.3M$1.3B$1.0B$846.5M$840.2M
Total assets$1.6B$1.8B$1.5B$1.4B$1.6B
Current liabilities$737.8M$1.1B$577.1M$538.9M$485.4M
Total liabilities$844.5M$1.2B$1.2B$1.2B$1.2B
Stockholders' equity$787.4M$585.5M$353.8M$130.8M$416.1M
Cash Flow Statement
Cash from operations$505.2M$345.9M$217.8M$22.3M$39.1M
Depreciation and amortization$13.7M$17.6M$18.7M$18.8M$28.6M
Stock-based compensation$155.2M$142.7M$143.4M$122.2M$115.9M
Capital expenditure$14.5M$7.7M$16.8M$35.4M$10.5M
Free cash flow$490.7M$338.2M$201.0M-$13.0M$28.7M
Dividends paid$15.4M$10.2M$10.0M$9.8M$9.8M
Share repurchases$499.7M$68.1M$0$25.7M$52.7M

Shares outstanding 167.7M

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.