PEGASYSTEMS INC

PEGASYSTEMS INC

PEGABack Office

Pegasystems helps big companies automate complex work and decisions.

Key figures

Data as of Jun 2026 · Pills compare vs Mar 2026
ARR Multiple
2.9x
-1.2x
ARR
$1.7B
-2.2%
YoY Growth
9.4%
+19.0pp
Market Cap
$4.9B
-31.4%
Revenue (Q)
$421M
-2.2%
Gross Margin
74.3%
-0.8pp
Op. Margin
4.0%
-4.5pp
Rule of 40
13.4
+14.6
Magic Number
-0.24
+1.70

Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data.

AI Replacement Risk
19/ 100
LowHigh

Estimated likelihood that general-purpose AI replaces this product.

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Valuation by quarter

Current ARR Multiple: 2.9x

Calculated valuation

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Valuation data is not available for this company.

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Company overview

Pegasystems helps big companies automate complex work and decisions. Alan Trefler founded the company in 1983 and still leads it. Pega is based in Cambridge, Massachusetts.

The company sits at the meeting point of two ideas. Workflow automation and customer engagement. On one side, Pega maps out messy business processes and runs them automatically. On the other, it decides in real time what to offer or say to a customer.

Its low code approach lets teams build applications by drawing out the logic instead of hand coding every step. That speeds up projects and lets business experts shape the software.

Picture a bank handling a loan application. Many steps, many rules, many checks. Pega can guide that case from start to finish, pulling in the right approvals and flagging risk along the way. The same engine can decide, mid call, the best offer to make a customer based on their history.

Pega now weaves AI through the platform. Its decisioning engine has long used data to pick the next best action. New generative features draft content and speed up app building.

Revenue runs around $1.5 billion a year, and the company has turned firmly toward profit and strong cash flow. Pega serves demanding enterprises in banking, insurance, and government, where complexity is the whole point.

Entity information

Industry7374: Services-Computer Processing & Data Preparation
Fiscal YearDec 31
IncorporatedMassachusetts
Phone(617) 374-9600
Address225 WYMAN STREET, STE 300, WALTHAM, MA, 02451-1293
Mailing address225 WYMAN STREET, STE 300, WALTHAM, MA, 02451-1293
EIN04-2787865
Entity typeoperating
SEC industry framework06 Technology

Quarterly financials

Left axis in $ (Revenue, Gross profit, Net income, S&M); right axis for ratios (Rule of 40, Magic number). Click a legend item to toggle it.