Quarterly ResultApr 21, 2026, 04:17 PM
Pega Q1 2026: Cloud ACV Up 29%, Overall ACV Up 12%
AI Summary
Pegasystems Inc. announced its financial results for the first quarter of 2026, showcasing robust growth in its cloud business. The company reported a 29% year-over-year increase in Pega Cloud Annual Contract Value (ACV), or 27% in constant currency. Overall ACV grew by 12% year-over-year (11% in constant currency), and both cash flow from operations and free cash flow surpassed $200 million.
Key Highlights
- Pega Cloud ACV increased 29% year-over-year (27% constant currency).
- Total ACV grew 12% year-over-year (11% constant currency).
- Cash flow from operations exceeded $200 million.
- Free cash flow also exceeded $200 million.