PEGANasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31
PEGASYSTEMS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026
$35.04+0.50 (+1.45%)
Close on Oct 19, 2026
- Market cap
- $6.02B
- P/E (TTM)
- 19.8
- Dividend yield
- 0.30%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
75.9%+6.4 pts over 5 years
Operating margin
15.1%+29.2 pts over 5 years
Net margin
22.5%+28.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +16.6% | +9.8% | +11.4% | +9.8% | |
| Gross profit | +19.7% | +11.7% | +13.4% | +10.9% | |
| Operating income | +112.4% | – | – | +15.1% | |
| Net income | +296.7% | – | – | +26.9% | |
| EPS, diluted | +287.3% | – | – | +24.9% | |
| Free cash flow | +45.1% | – | – | +24.1% | |
| Dividend per share | +75.0% | +20.5% | +11.8% | +5.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.4% | -11.4% | 57.3% | |
| Return on assets | 7.0% | -4.7% | 23.1% | |
| Current ratio | 1.48 | 2.12 | 1.33 | |
| Interest coverage | – | -7.4× | 204.7× | |
| Capex to revenue | 2.5% | 2.5% | 0.8% | |
| Diluted shares | 159M | 161M | 185M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Pegasystems generated $1.13B from operations and spent $786.18M on capital expenditure, dividends and share buybacks. 11% of that went back into the business.
Generated
$1.13B
Used
$786.18M
Capital expenditure$84.83M11%Dividends$55.18M7%Share buybacks$646.16M82%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin22.5%
×Asset turnover1.03×
×Equity multiplier2.48×
=Return on equity, FY202557.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 22.5% | 1.03× | 2.48× | 57.3% |
| FY2024 | 6.6% | 0.91× | 3.49× | 21.1% |
| FY2023 | 4.7% | 1.00× | 5.92× | 28.0% |
| FY2022 | -26.2% | 0.89× | 5.40× | -126.4% |
| FY2021 | -5.2% | 0.76× | 3.34× | -13.2% |
| FY2020 | -6.0% | 0.79× | 2.39× | -11.4% |
| FY2019 | -9.9% | 0.93× | 1.70× | -15.6% |
| FY2018 | 1.2% | 0.89× | 1.56× | 1.7% |
| FY2017 | 11.1% | 1.07× | 1.38× | 16.4% |
| FY2016 | 5.9% | 1.19× | 1.19× | 8.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$393.44M
- Cash generatingOperating cash flow above zero$505.23M
- Return on assets improvedROA up on the prior year6.6% → 22.2%
- Earnings backed by cashOperating cash flow above net income$505.23M vs $393.44M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.23 → 1.33
- No dilutionShare count did not rise179M → 185M
- Gross margin improvedGross margin up on the prior year73.91% → 75.86%
- More efficientAsset turnover rose0.99 → 0.99