Pegasystems

OverviewSuggest Edit

Pegasystems is a company developing customer engagement and digital process automation software. It offers a platform that comprises CRM applications, low-code app development environment, client onboarding, lifecycle management, and KYC applications and provides AI-powered decisioning, BPM (business process management) and case management, cloud services, robotic process automation, and other capabilities. The company serves financial services, insurance, healthcare and life sciences, government, manufacturing and high technology, energy and utilities, media and entertainment, automotive, and other industries.
TypePublic
Founded1983
HQCambridge, MA, US
Websitepega.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Jan 2022)6,133(+19%)
Job Openings409
Revenue (FY, 2021)$1.2 B(+20%)
Share Price (Jun 2022)$52.7(+5%)
Cybersecurity ratingAMore
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Key People/Management at Pegasystems

Alan Trefler

Alan Trefler

Founder and Chief Executive Officer
Tom Libretto

Tom Libretto

Chief Marketing Officer and Senior Vice President
Leon Trefler

Leon Trefler

Chief of Client Experience
Don Schuerman

Don Schuerman

Chief Technology Officer and Vice President, Product Strategy
Kerim Akgonul

Kerim Akgonul

Chief Product Officer
Mike Pyle

Mike Pyle

Chief Technology Strategist
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Pegasystems Office Locations

Pegasystems has offices in Cambridge, Alpharetta, Bethesda, Chicago and in 35 other locations
Cambridge, MA, US (HQ)
1 Main St
Alpharetta, GA, US
11175 Cicero Dr #200
Bethesda, MD, US
4800 Hampden Ln #200
Chicago, IL, US
125 S Wacker Dr #300
Detroit, MI, US
400 Renaissance Center Suite 2600
Irving, TX, US
222 West Las Colinas Boulevard Suite 1650E
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Pegasystems Financials and Metrics

Pegasystems Revenue

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Pegasystems's revenue was reported to be $1.21 b in FY, 2021
USD

Revenue (Q1, 2022)

376.3m

Gross profit (Q1, 2022)

288.1m

Gross profit margin (Q1, 2022), %

76.6%

Net income (Q1, 2022)

(379.0k)

EBIT (Q1, 2022)

18.6m

Market capitalization (24-Jun-2022)

4.3b

Closing stock price (24-Jun-2022)

52.7

Cash (31-Mar-2022)

132.8m

EV

4.9b
Pegasystems's current market capitalization is $4.3 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

911.4m1.0b1.2b

Revenue growth, %

2%

Cost of goods sold

310.0m310.9m336.4m

Gross profit

601.4m706.6m875.3m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

265.6m227.4m226.0m313.5m325.7m256.3m376.3m

Cost of goods sold

79.5m76.7m77.8m82.4m84.5m52.7m88.2m

Gross profit

186.1m150.7m148.2m231.1m241.2m203.5m288.1m

Gross profit Margin, %

70%66%66%74%74%79%77%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

68.4m171.9m160.0m

Accounts Receivable

199.7m215.8m182.7m

Current Assets

505.6m976.9m840.2m

PP&E

Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2019FY, 2020FY, 2021

Net Income

10.1m21.9m38.0m33.3m36.3m27.0m(90.4m)(61.4m)(63.0m)

Depreciation and Amortization

17.1m18.6m20.0m23.4m23.1m24.1m21.4m21.3m28.6m

Inventories

Accounts Payable

9.0m(7.6m)5.8m13.4m16.6m1.5m25.7m37.9m(18.7m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

7.0m12.0m4.1m1.8m1.5m9.1m13.8m22.5m9.8m11.3m13.2m5.9m9.0m15.4m9.0m12.7m15.1m27.0m38.4m36.6m(25.4m)(46.1m)(65.4m)(6.6m)30.7m(25.8m)(379.0k)

Depreciation and Amortization

8.2m12.6m4.5m8.6m14.0m4.7m9.4m14.2m5.8m11.4m17.2m5.6m11.3m17.6m5.5m11.7m17.9m6.1m12.4m18.7m4.9m10.1m15.7m7.0m15.5m24.0m4.2m

Accounts Payable

(2.8m)(9.0m)(25.8m)(14.2m)(21.0m)(23.8m)(10.1m)(5.8m)(21.6m)94.0k(1.4m)(21.6m)(10.5m)(4.1m)(23.4m)(19.3m)(16.7m)(21.2m)(17.7m)(8.5m)

Cash From Operating Activities

17.2m19.6m(17.8m)12.5m29.1m66.0m64.3m83.4m72.9m73.9m98.3m27.5m39.4m54.9m8.6m9.3m17.4m32.4m85.8m113.9m(18.3m)(21.2m)(26.3m)21.7m19.4m(5.3m)15.1m
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Pegasystems Operating Metrics

Pegasystems's Backlog was reported to be $1.2b in Q1, 2022.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Remaining Performance Obligations

$836.14 m$753.83 m$817.18 m$837.99 m$1.07 b$979.81 m$1.03 b$1.03 b$1.34 b$1.18 b

Backlog

$754 m$817 m$838 m$1.1 b$1.3 b$1.18 b

Annual Contract Value

$693.29 m$711 m$738 m$777 m$835 m$853 m$899 m$948 m$1 b$1.03 b

Annual Contract Value (Maintenance)

$292.7 m

Pegasystems Acquisitions / Subsidiaries

Company NameDateDeal Size
QuriousJanuary 11, 2021
In The ChatMay 13, 2019
OpenSpanApril 11, 2016$48.8 m
Ultima Information TechnologyOctober 22, 2014
Firefly SoftwareJune 09, 2014
MeshLabsMay 07, 2014
Antenna SoftwareOctober 09, 2013$27.14 m
Chordiant SoftwareApril 21, 2010$160.3 m
1mind CorpFebruary 06, 2002$3.7 m
Antenna Software, LLC
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Pegasystems Revenue Breakdown

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Pegasystems revenue breakdown by business segment: 26.4% from Maintenance, 30.4% from Software License, 24.8% from Pega Cloud and 18.3% from Consulting

Pegasystems revenue breakdown by geographic segment: 11.9% from Asia Pacific, 5.1% from Other Americas, 16.3% from Other EMEA, 9.7% from United Kingdom and 57.0% from U.S.

Pegasystems Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Pegasystems Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Pegasystems Online and Social Media Presence

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Pegasystems Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    86/100

  • Compensation

    A+

    89/100

  • Diversity

    A+

    89/100

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Pegasystems News and Updates

Rev Appoints Top Revenue Leaders from Oracle, Zendesk, HubSpot and Pegasystems to Its Executive Advisory Board

Diverse leaders join Rev in revolutionizing an above-the-funnel solution for B2B sales and marketing teams Diverse leaders join Rev in revolutionizing an above-the-funnel solution for B2B sales and marketing teams

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Pegasystems Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 18, 2022 - (NASDAQ: PEGA)

NEW YORK, June 15, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Pegasystems Inc.. Shareholders who purchased shares of PEGA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment....

PEGASYSTEMS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Pegasystems Inc. – PEGA

NEW ORLEANS, June 14, 2022 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 18, 2022 to file lead plaintiff applications in a securities class action lawsuit against Pegasy…

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Pegasystems Inc. - PEGA

NEW YORK, June 13, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Pegasystems Inc. (“Pegasystems” or the “Company”) (NASDAQ: PEGA). Such investors are advised to contact Robert S. Willoughby at  newaction@pomlaw.com or 888-476-6529, ext. 7980.

PEGA LAWSUIT ALERT: Levi & Korsinsky Notifies Pegasystems Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, June 9, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Pegasystems Inc. ("PEGA" or the "Company") (NASDAQ: PEGA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PEGA investors who were adversely affected...

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Pegasystems Inc. (PEGA)

Shareholders with $50,000 losses or more are encouraged to contact the firm Shareholders with $50,000 losses or more are encouraged to contact the firm
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Pegasystems Blogs

Adriana Bokel Herde

Nolan Greene

Gerry McCool

Pegasystems Ranked a Category Leader in KYC Systems by Chartis Research for Second Consecutive Year

Subtitle:  Leading risk technology analyst firm rates Pega among top industry providers Date:  Tuesday, September 4, 2018 - 09:00 Industry:  Financial Services Topic:  Case Management Body:  CAMBRIDGE, Mass. – September 4, 2018 – Pegasystems Inc. (NASDAQ: PEGA), the software company empowerin…
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Pegasystems Frequently Asked Questions

  • When was Pegasystems founded?

    Pegasystems was founded in 1983.

  • Who are Pegasystems key executives?

    Pegasystems's key executives are Alan Trefler, Tom Libretto and Leon Trefler.

  • How many employees does Pegasystems have?

    Pegasystems has 6,133 employees.

  • What is Pegasystems revenue?

    Latest Pegasystems annual revenue is $1.2 b.

  • What is Pegasystems revenue per employee?

    Latest Pegasystems revenue per employee is $197.6 k.

  • Who are Pegasystems competitors?

    Competitors of Pegasystems include TDCX, ITRex and QuickBase.

  • Where is Pegasystems headquarters?

    Pegasystems headquarters is located at 1 Main St, Cambridge.

  • Where are Pegasystems offices?

    Pegasystems has offices in Cambridge, Alpharetta, Bethesda, Chicago and in 35 other locations.

  • How many offices does Pegasystems have?

    Pegasystems has 40 offices.