Pegasystems Q2 FY26 net income drops 56% to $13.33 million; revenue rises 9% to $420.72 million - PEGA News | RalliesPegasystems Q2 FY26 net income drops 56% to $13.33 million; revenue rises 9% to $420.72 million
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PEGA• Pegasystems reports higher revenue but lower GAAP profit
- Pegasystems posted Q2 2026 revenue of $420.72 million, up 9% year over year; GAAP net income fell 56% to $13.33 million.
- Diluted GAAP EPS dropped 53% to $0.08; non-GAAP net income rose 19% to $59.53 million.
- Annual contract value climbed 7% to $1.62 billion, as clients delayed purchases amid “unprecedented changes” in the AI market.
- Pega Cloud ACV increased 22% to $926.29 million; operating cash flow rose 3% to $298.23 million in the first half.
- CEO Alan Trefler highlighted Pega Infinity 26’s design-time AI agents to manage token costs; CFO Ken Stillwell cited record first-half cash flow.
