Pegasystems was founded in 1983 and is headquartered in Cambridge, US

Pegasystems has an office in Cambridge

Cambridge, US (HQ)

1 Rogers St

Pegasystems's revenue was reported to be $750.3 m in FY, 2016 which is a **10% increase** from the previous period.

USD

## Revenue (FY, 2016) | 750.3 m |

## Revenue growth (FY, 2015 - FY, 2016), % | 10% |

## Gross profit (FY, 2016) | 511 m |

## Gross profit margin (FY, 2016), % | 68% |

## Net income (FY, 2016) | 27 m |

## EBIT (FY, 2016) | 37.8 m |

## Market capitalization (18-Aug-2017) | 4.5 b |

## Cash (31-Dec-2016) | 70.6 m |

Pegasystems's current market capitalization is $4.5 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 509 m | 590 m | 682.7 m | 750.3 m |

## Revenue growth, % | 10% | 16% | 16% | 10% |

## Cost of goods sold | 157.4 m | 185.1 m | 213.4 m | 239.3 m |

## Gross profit | 351.5 m | 404.9 m | 469.2 m | 511 m |

## Gross profit Margin, % | 69% | 69% | 69% | 68% |

## R&D expense | 145.5 m | |||

## General and administrative expense | 46 m | |||

## Operating expense total | 293.5 m | 353.4 m | 404.6 m | 473.3 m |

## EBIT | 58.1 m | 51.5 m | 64.7 m | 37.8 m |

## EBIT margin, % | 11% | 9% | 9% | 5% |

## Pre tax profit | 60.5 m | 35.2 m | ||

## Income tax expense | 18.4 m | 14.7 m | 24.2 m | 8.2 m |

## Net Income | 38 m | 33.3 m | 36.3 m | 27 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} |
---|---|---|---|---|---|

## Revenue | 143 m | 137.6 m | 153.9 m | 162 m | 162.4 m |

## Cost of goods sold | 46.7 m | 46.4 m | 50.1 m | 54.8 m | 55.4 m |

## Gross profit | 96.3 m | 91.2 m | 103.9 m | 107.2 m | 107 m |

## Gross profit Margin, % | 67% | 66% | 67% | 66% | 66% |

## R&D expense | 27.3 m | 28.6 m | 29.8 m | 31.4 m | 33 m |

## General and administrative expense | 10.3 m | 8.8 m | 6.3 m | 10.2 m | 9.6 m |

## Operating expense total | 37.6 m | 37.4 m | 36.2 m | 41.6 m | 42.6 m |

## EBIT | 2.2 m | 5 m | 11.9 m | 5.3 m | 10.7 m |

## EBIT margin, % | 2% | 4% | 8% | 3% | 7% |

## Income tax expense | 883 k | 470 k | 3.3 m | 1.4 m | 3.9 m |

## Net Income | 1.5 m | 1.9 m | 5.9 m | 3.1 m | 6.3 m |

- Source: SEC Filings

USD | Y, 2010^{} | Y, 2011^{} | Y, 2012^{} | Y, 2013^{} | Y, 2014^{} | Y, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|---|

## Cash | 71.1 m | 60.4 m | 77.5 m | 80.2 m | 114.6 m | 93 m | 70.6 m |

## Accounts Receivable | 757 k | ||||||

## Current Assets | 347.2 m | 393.1 m | 458.9 m | 425.1 m | |||

## PP&E | 29 m | 30.2 m | 31.3 m | 38.3 m | |||

## Goodwill | 37.5 m | 46.9 m | 46.8 m | 73.2 m | |||

## Total Assets | 533.7 m | 587.8 m | 627.8 m | 654.7 m | |||

## Accounts Payable | 3.7 m | 4.8 m | 12.7 m | 14.4 m | |||

## Current Liabilities | 187.4 m | 229.6 m | 267.2 m | 287.5 m | |||

## Total Liabilities | 318.8 m | ||||||

## Additional Paid-in Capital | 139.9 m | 141.5 m | 145.4 m | 143.9 m | |||

## Retained Earnings | 127.8 m | 153.1 m | 180.2 m | 198.3 m | |||

## Total Equity | 271.8 m | 294.7 m | 322.9 m | 335.9 m | |||

## Financial Leverage | 2 x | 2 x | 1.9 x | 1.9 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} |
---|---|---|---|---|---|

## Cash | 127.1 m | 136.5 m | 127.5 m | 120.9 m | 97.3 m |

## Current Assets | 363.6 m | 366.4 m | 408.1 m | 396.4 m | 393.2 m |

## PP&E | 27.2 m | 28.9 m | 31.1 m | 33.9 m | 31.8 m |

## Goodwill | 40.5 m | 45 m | 46.8 m | 46.9 m | 46.8 m |

## Total Assets | 545.6 m | 549.2 m | 600.8 m | 590.4 m | 583.9 m |

## Accounts Payable | 6.8 m | 8.1 m | 6.4 m | 8.3 m | 7.6 m |

## Current Liabilities | 201.3 m | 211.8 m | 242.7 m | 228.9 m | 224.1 m |

## Additional Paid-in Capital | 139.2 m | 140.5 m | 144 m | 147.3 m | 145.5 m |

## Retained Earnings | 135.7 m | 135.2 m | 156.7 m | 157.5 m | 161.5 m |

## Total Equity | 280.6 m | 278.3 m | 297.8 m | 303.6 m | 305 m |

## Financial Leverage | 1.9 x | 2 x | 2 x | 1.9 x | 1.9 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 38 m | 33.3 m | 36.3 m | 27 m |

## Depreciation and Amortization | 20 m | 23.4 m | 23.1 m | 24.1 m |

## Accounts Receivable | (28 m) | 6.2 m | (62 m) | (56.7 m) |

## Accounts Payable | 5.8 m | 13.4 m | 16.6 m | 1.5 m |

## Cash From Operating Activities | 80.7 m | 99.9 m | 62.5 m | 39.9 m |

## Purchases of PP&E | (3.9 m) | (1.7 m) | (49.1 m) | |

## Income Taxes Paid | 11.1 m | 14.7 m | 30.2 m | 28.8 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} |
---|---|---|---|---|---|

## Net Income | 1.5 m | 1.9 m | 5.9 m | 3.1 m | 6.3 m |

## Accounts Payable | 6.8 m | 8.1 m | 6.4 m | 8.3 m | 7.6 m |

Y, 2016 | |
---|---|

## Financial Leverage | 1.9 x |

Pegasystems's Customers was reported to be 3 k in FY, 2016. Pegasystems's Backlog was reported to be $445 m in Q1, 2017

Source: 87 public H-1B filings from Pegasystems