Pegasystems Q3 net income drops 68% to $14.09 million

Bitget2026/10/20 20:09

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Pegasystems’ third-quarter 2026 net income fell 68% to $14.09 million, while revenue rose to $393.36 million.
Pega Cloud annual contract value climbed 20% year-over-year to $975.99 million at September 30; total ACV increased 6% to $1.65 billion.
COO and CFO Ken Stillwell attributed weaker-than-expected ACV growth through the first three quarters largely to go-to-market execution challenges.
Management warned that greater scrutiny of large technology investments could continue to hurt ACV growth and cash generation for the rest of 2026.

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: 20261020404232) on October 20, 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 Q3 net income drops 68% to $14.09 million

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