$PEGA
PEGASYSTEMS INC

2024 Q3 Form 10-Q Financial Statement

#000101385724000155 Filed on July 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $325.1M $351.2M
YoY Change -2.87% 17.73%
Cost Of Revenue $96.71M $96.95M
YoY Change 3.14% 0.84%
Gross Profit $228.3M $254.2M
YoY Change -5.2% 25.77%
Gross Profit Margin 70.25% 72.39%
Selling, General & Admin $163.4M $165.2M
YoY Change 2.8% 8.51%
% of Gross Profit 71.54% 64.98%
Research & Development $74.16M $75.43M
YoY Change -1.06% 2.02%
% of Gross Profit 32.48% 29.67%
Depreciation & Amortization $4.477M $4.558M
YoY Change -2.67% -5.61%
% of Gross Profit 1.96% 1.79%
Operating Expenses $240.0M $241.2M
YoY Change -4.64% 0.0%
Operating Profit -$11.66M $12.97M
YoY Change 7.81% -133.14%
Interest Expense $725.0K $5.566M
YoY Change -52.71% -315.65%
% of Operating Profit 42.93%
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0% -100.0%
Pretax Income -$11.63M $15.26M
YoY Change 211.33% -137.94%
Income Tax $2.765M $8.642M
% Of Pretax Income 56.65%
Net Earnings -$14.39M $6.613M
YoY Change 97.69% -114.13%
Net Earnings / Revenue -4.43% 1.88%
Basic Earnings Per Share -$0.17 $0.08
Diluted Earnings Per Share -$0.17 $0.07
COMMON SHARES
Basic Shares Outstanding 85.41M shares 85.03M shares
Diluted Shares Outstanding 85.63M shares 88.50M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $703.0M $665.1M
YoY Change 109.04% 112.61%
Cash & Equivalents $287.6M $258.3M
Short-Term Investments $415.3M $406.8M
Other Short-Term Assets $85.19M $76.32M
YoY Change 19.24% 76.29%
Inventory
Prepaid Expenses
Receivables $173.6M $165.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.119B $1.072B
YoY Change 44.12% 45.31%
LONG-TERM ASSETS
Property, Plant & Equipment $42.87M $42.19M
YoY Change -13.36% -65.57%
Goodwill $81.57M $81.41M
YoY Change 0.16% -0.22%
Intangibles
YoY Change
Long-Term Investments $21.17M $21.05M
YoY Change 9.7% 57.28%
Other Assets $301.0M $302.2M
YoY Change 3.51% 122.66%
Total Long-Term Assets $460.2M $464.9M
YoY Change 3.16% 2.19%
TOTAL ASSETS
Total Short-Term Assets $1.119B $1.072B
Total Long-Term Assets $460.2M $464.9M
Total Assets $1.579B $1.537B
YoY Change 29.18% 28.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.10M $16.68M
YoY Change -2.13% 97.7%
Accrued Expenses $41.24M $44.88M
YoY Change -5.47% -67.68%
Deferred Revenue $345.6M $352.6M
YoY Change 16.33% 13.26%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $501.2M $500.6M
YoY Change
Total Short-Term Liabilities $1.025B $1.017B
YoY Change 116.71% 120.46%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $14.92M $14.36M
YoY Change 2.98% -83.64%
Total Long-Term Liabilities $14.92M $14.36M
YoY Change 2.98% -97.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.025B $1.017B
Total Long-Term Liabilities $14.92M $14.36M
Total Liabilities $1.106B $1.101B
YoY Change 4.86% 5.17%
SHAREHOLDERS EQUITY
Retained Earnings -$28.61M -$14.22M
YoY Change -81.1% -90.13%
Common Stock $515.0M $473.9M
YoY Change 49.68% 52.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $473.0M $435.4M
YoY Change
Total Liabilities & Shareholders Equity $1.579B $1.537B
YoY Change 29.18% 28.86%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$14.39M $6.613M
YoY Change 97.69% -114.13%
Depreciation, Depletion And Amortization $4.477M $4.558M
YoY Change -2.67% -5.61%
Cash From Operating Activities $30.45M $40.10M
YoY Change 26.37% -12.15%
INVESTING ACTIVITIES
Capital Expenditures $3.064M $1.253M
YoY Change 666.0% -48.77%
Acquisitions
YoY Change
Other Investing Activities -$3.235M -$76.05M
YoY Change -91.87% -331.59%
Cash From Investing Activities -$6.299M -$77.30M
YoY Change -84.33% -354.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.446M 4.604M
YoY Change 122.3% -107.99%
NET CHANGE
Cash From Operating Activities 30.45M 40.10M
Cash From Investing Activities -6.299M -77.30M
Cash From Financing Activities 4.446M 4.604M
Net Change In Cash 28.60M -32.60M
YoY Change -302.84% -276.97%
FREE CASH FLOW
Cash From Operating Activities $30.45M $40.10M
Capital Expenditures $3.064M $1.253M
Free Cash Flow $27.39M $38.84M
YoY Change 15.57% -10.08%

Facts In Submission

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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1422000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
341000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
22503000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2842000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
30204000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
232827000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
258257000 usd
CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
768000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
4006000 usd
CY2023Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1933000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
407463000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
645000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
406819000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
193431000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
233000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
228000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
193436000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Term
DebtSecuritiesAvailableForSaleTerm
P0Y4M24D
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
165723000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
300173000 usd
CY2023Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
237379000 usd
CY2023Q4 pega Unbilled Receivables Non Current
UnbilledReceivablesNonCurrent
85402000 usd
CY2023Q4 pega Accounts Receivable And Unbilled Receivable
AccountsReceivableAndUnbilledReceivable
622954000 usd
CY2024Q2 pega Unbilled Receivables Not Billable At Balance Sheet Date Amount Expected To Be Collected Within Year One Or Less
UnbilledReceivablesNotBillableAtBalanceSheetDateAmountExpectedToBeCollectedWithinYearOneOrLess
164533000 usd
CY2024Q2 pega Unbilled Receivables Not Billable At Balance Sheet Date Expected Percentage To Be Collected Within One Year
UnbilledReceivablesNotBillableAtBalanceSheetDateExpectedPercentageToBeCollectedWithinOneYear
0.67
CY2024Q2 pega Unbilled Receivables Not Billable At Balance Sheet Date Amount Expected To Be Collected Within Year One And Two
UnbilledReceivablesNotBillableAtBalanceSheetDateAmountExpectedToBeCollectedWithinYearOneAndTwo
58353000 usd
CY2024Q2 pega Unbilled Receivables Not Billable At Balance Sheet Date Expected Percentage To Be Collected Within Year One And Two
UnbilledReceivablesNotBillableAtBalanceSheetDateExpectedPercentageToBeCollectedWithinYearOneAndTwo
0.24
CY2024Q2 pega Unbilled Receivables Not Billable At Balance Sheet Date Amount Expected To Be Collected Within Year Two And Five
UnbilledReceivablesNotBillableAtBalanceSheetDateAmountExpectedToBeCollectedWithinYearTwoAndFive
22865000 usd
CY2024Q2 pega Unbilled Receivables Not Billable At Balance Sheet Date Expected Percentage To Be Collected Within Year Two And Five
UnbilledReceivablesNotBillableAtBalanceSheetDateExpectedPercentageToBeCollectedWithinYearTwoAndFive
0.09
CY2024Q2 pega Unbilled Receivables Current And Non Current
UnbilledReceivablesCurrentAndNonCurrent
245751000 usd
CY2024Q2 pega Unbilled Receivables Current And Non Current Percentage
UnbilledReceivablesCurrentAndNonCurrentPercentage
1
CY2024Q2 pega Unbilled Receivables Not Billable Contract Date Remainder Of Fiscal Year
UnbilledReceivablesNotBillableContractDateRemainderOfFiscalYear
58562000 usd
CY2024Q2 pega Percentage Of Unbilled Receivables Not Billable Amount Expected To Be Collected In Remainder Of Fiscal Year
PercentageOfUnbilledReceivablesNotBillableAmountExpectedToBeCollectedInRemainderOfFiscalYear
0.24
CY2024Q2 pega Unbilled Receivables Not Billable Contract Date Year One
UnbilledReceivablesNotBillableContractDateYearOne
130140000 usd
CY2024Q2 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year One
PercentageOfUnbilledReceivablesNotBillableContractDateYearOne
0.53
CY2024Q2 pega Unbilled Receivables Not Billable Contract Date Year Two
UnbilledReceivablesNotBillableContractDateYearTwo
29241000 usd
CY2024Q2 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year Two
PercentageOfUnbilledReceivablesNotBillableContractDateYearTwo
0.12
CY2024Q2 pega Unbilled Receivables Not Billable Contract Date Year Three
UnbilledReceivablesNotBillableContractDateYearThree
22830000 usd
CY2024Q2 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year Three
PercentageOfUnbilledReceivablesNotBillableContractDateYearThree
0.09
CY2024Q2 pega Unbilled Receivables Not Billable Contract Date Year Four And Prior
UnbilledReceivablesNotBillableContractDateYearFourAndPrior
4978000 usd
CY2024Q2 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year Four And Prior
PercentageOfUnbilledReceivablesNotBillableContractDateYearFourAndPrior
0.02
CY2024Q2 pega Unbilled Revenue Total
UnbilledRevenueTotal
245751000 usd
CY2024Q2 pega Total Percentage Of Unbilled Revenue
TotalPercentageOfUnbilledRevenue
1
CY2024Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
15374000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
16238000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
20635000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
36873000 usd
CY2023Q4 us-gaap Deferred Credits And Other Liabilities Current
DeferredCreditsAndOtherLiabilitiesCurrent
377845000 usd
CY2023Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
2478000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
380323000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
272700000 usd
CY2023Q4 us-gaap Deferred Costs
DeferredCosts
114119000 usd
us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
29027000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
81399000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
194000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
81593000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
136478000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
131273000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5205000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
136616000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
129614000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7002000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1399000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2605000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
874000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
327000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5205000 usd
CY2024Q2 us-gaap Insurance Settlements Receivable Current
InsuranceSettlementsReceivableCurrent
0 usd
CY2023Q4 us-gaap Insurance Settlements Receivable Current
InsuranceSettlementsReceivableCurrent
1954000 usd
CY2024Q2 pega Indirect Tax Receivable
IndirectTaxReceivable
2702000 usd
CY2023Q4 pega Indirect Tax Receivable
IndirectTaxReceivable
1924000 usd
CY2024Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
915000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
0 usd
CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
768000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2024Q2 pega Other Current Assets
OtherCurrentAssets
40504000 usd
CY2023Q4 pega Other Current Assets
OtherCurrentAssets
43217000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
76323000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
68137000 usd
CY2024Q2 us-gaap Deferred Costs
DeferredCosts
100490000 usd
CY2023Q4 us-gaap Deferred Costs
DeferredCosts
114119000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
68293000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
64198000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42190000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47279000 usd
CY2024Q2 pega Venture Investments
VentureInvestments
21047000 usd
CY2023Q4 pega Venture Investments
VentureInvestments
19450000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
19997000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
20635000 usd
CY2024Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
5205000 usd
CY2023Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
7002000 usd
CY2024Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
0 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
893000 usd
CY2024Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3666000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3678000 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
4006000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2925000 usd
CY2024Q2 pega Other Long Term Assets
OtherLongTermAssets
37355000 usd
CY2023Q4 pega Other Long Term Assets
OtherLongTermAssets
34517000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
302249000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
314696000 usd
CY2024Q2 pega Accrued Cloud Hosting Current
AccruedCloudHostingCurrent
15152000 usd
CY2023Q4 pega Accrued Cloud Hosting Current
AccruedCloudHostingCurrent
1358000 usd
CY2024Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
9539000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
10419000 usd
CY2024Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
7081000 usd
CY2023Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
2557000 usd
CY2024Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3422000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
15428000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4966000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4486000 usd
CY2024Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
4715000 usd
CY2023Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
5693000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
44875000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
39941000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15254000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15000000 usd
CY2024Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
2561000 usd
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
2515000 usd
CY2024Q2 pega Other Current Liabilities
OtherCurrentLiabilities
2862000 usd
CY2023Q4 pega Other Current Liabilities
OtherCurrentLiabilities
3828000 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20677000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
21343000 usd
CY2024Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
2443000 usd
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
2478000 usd
CY2024Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
858000 usd
CY2023Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
859000 usd
CY2024Q2 pega Other Long Term Liabilities
OtherLongTermLiabilities
11061000 usd
CY2023Q4 pega Other Long Term Liabilities
OtherLongTermLiabilities
10233000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14362000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13570000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
5271000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4495000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
9533000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
10261000 usd
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
410000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
696000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
953000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1477000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1763000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
2186000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
3372000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
4160000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
7444000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
7377000 usd
us-gaap Lease Cost
LeaseCost
13858000 usd
us-gaap Lease Cost
LeaseCost
15898000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
68293000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
64198000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15254000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15000000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
70202000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
66901000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y4M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M18D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7954000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18784000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14384000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13387000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12813000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10099000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
21650000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
99071000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
13615000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
85456000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
9493000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
10540000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12290000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1465000 usd
us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2020Q1 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
4400000 shares
CY2023Q2 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
500000 shares
us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
700000 shares
CY2023Q2 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
100000 usd
us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
300000 usd
CY2024Q2 pega Debt Conversion Converted Instrument Shares If Fully Exercised
DebtConversionConvertedInstrumentSharesIfFullyExercised
3700000 shares
CY2020Q1 us-gaap Derivative Cap Price
DerivativeCapPrice
196.44
CY2024Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
27300000 usd
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
27300000 usd
CY2023Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
0 usd
CY2024Q2 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
0 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
406819000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
193436000 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
915000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
893000 usd
CY2024Q2 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
485300000 usd
CY2023Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
466500000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
351153000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
298268000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
681300000 usd
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
623740000 usd
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
351153000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
298268000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
681300000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
623740000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
351153000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
298268000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
681300000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
623740000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
732614000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.52
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
376883000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.27
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
188228000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.13
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
108524000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.08
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1406249000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
1
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
689712000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.55
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
309292000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.24
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
158006000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.12
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
109086000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.09
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1266096000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
1
CY2024Q2 us-gaap Share Based Compensation
ShareBasedCompensation
36224000 usd
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
36227000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
71005000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
78784000 usd
CY2024Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
554000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
581000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
865000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1253000 usd
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
149700000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5604000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11850000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.21
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6613000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-46804000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5511000 usd
us-gaap Net Income Loss
NetIncomeLoss
-67578000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85157000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83039000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84712000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82823000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.82
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6613000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-46804000 usd
us-gaap Net Income Loss
NetIncomeLoss
-5511000 usd
us-gaap Net Income Loss
NetIncomeLoss
-67578000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6613000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-46804000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5511000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-67578000 usd
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3343000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88500000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83039000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84712000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82823000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.82
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5000 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1354000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3259000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1351000 shares
CY2024Q2 pega Debt Conversion Converted Instrument Shares If Fully Exercised
DebtConversionConvertedInstrumentSharesIfFullyExercised
3700000 shares
CY2024Q2 pega Debt Conversion Converted Instrument Shares Outstanding
DebtConversionConvertedInstrumentSharesOutstanding
3700000 shares
CY2024Q2 us-gaap Derivative Cap Price
DerivativeCapPrice
196.44
CY2023Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
0 usd
CY2024Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
35000000 usd
CY2024Q2 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
32400000 usd
CY2024Q2 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
2600000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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