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Pegasystems Inc. (PEGA) Fundamental Analysis & AI Grade 2026

PEGA Nasdaq Services-Computer Processing & Data Preparation MA CIK: 0001013857
Updated This Month • Analysis: Apr 29, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
72% Confidence
N/A
A
72% Conf
Pending
Analysis scheduled

📊 PEGA Key Takeaways

Revenue: $430.0M
Net Margin: 7.6%
Free Cash Flow: $206.5M
Current Ratio: 1.22x
Debt/Equity: 0.00x
EPS: $0.18
AI Grade: A with 72% confidence
Pegasystems Inc. (PEGA) receives a A fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $430.0M, net profit margin of 7.6%, and return on equity (ROE) of 4.6%, Pegasystems Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete PEGA stock analysis for 2026.

Is Pegasystems Inc. (PEGA) a Good Investment?

Claude

Pegasystems demonstrates strong fundamental cash generation with a 48% free cash flow margin and fortress balance sheet (zero debt, $270M cash). Revenue growth of 16.6% paired with a dramatic 296.7% net income improvement suggests an operational inflection point, though sustainability requires monitoring. The disconnect between exceptional gross margins (75.2%) and weak operating margins (8.6%) indicates execution risk on cost management.

Pegasystems Inc. Key Strengths (PEGA)

Claude
  • + Exceptional free cash flow margin of 48% demonstrates high-quality earnings and cash conversion
  • + Conservative balance sheet with zero long-term debt and $270M cash position provides strategic flexibility
  • + High gross margins of 75.2% indicate strong pricing power and efficient service delivery model
  • + Revenue growth of 16.6% paired with 296.7% net income growth suggests recent profitability inflection and operational leverage

PEGA Stock Risks: Pegasystems Inc. Investment Risks

Claude
  • ! Operating margin of only 8.6% versus 75.2% gross margin indicates high operating expenses (R&D/SG&A) consuming profitability gains
  • ! Weak returns on equity (4.6%) and assets (2.1%) suggest inefficient capital deployment or overkapitalization despite strong cash generation
  • ! Dramatic net income growth of 296.7% may not be sustainable; requires validation that gains stem from core operations rather than one-time items or tax benefits

Key Metrics to Watch

Claude
  • * Operating margin expansion trajectory and SG&A/R&D as percentage of revenue
  • * Return on equity sustainability as profitability scales with revenue growth
  • * Free cash flow deployment strategy and capital allocation discipline for shareholder returns

Pegasystems Inc. (PEGA) Financial Metrics & Key Ratios

Revenue
$430.0M
Net Income
$32.8M
EPS (Diluted)
$0.18
Free Cash Flow
$206.5M
Total Assets
$1.6B
Cash Position
$270.0M

💡 AI Analyst Insight

The 48.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

PEGA Profit Margin, ROE & Profitability Analysis

Gross Margin 75.2%
Operating Margin 8.6%
Net Margin 7.6%
ROE 4.6%
ROA 2.1%
FCF Margin 48.0%

PEGA vs Technology Sector: How Pegasystems Inc. Compares

How Pegasystems Inc. compares to Technology sector averages

Net Margin
PEGA 7.6%
vs
Sector Avg 18.0%
PEGA Sector
ROE
PEGA 4.6%
vs
Sector Avg 22.0%
PEGA Sector
Current Ratio
PEGA 1.2x
vs
Sector Avg 2.5x
PEGA Sector
Debt/Equity
PEGA 0.0x
vs
Sector Avg 0.5x
PEGA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Pegasystems Inc. Stock Overvalued? PEGA Valuation Analysis 2026

Based on fundamental analysis, Pegasystems Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
4.6%
Sector avg: 22%
Net Profit Margin
7.6%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Pegasystems Inc. Balance Sheet: PEGA Debt, Cash & Liquidity

Current Ratio
1.22x
Quick Ratio
1.22x
Debt/Equity
0.00x
Debt/Assets
54.5%
Interest Coverage
21.20x
Long-term Debt
N/A

PEGA Revenue & Earnings Growth: 5-Year Financial Trend

PEGA 5-year financial data: Year 2021: Revenue $1.2B, Net Income -$90.4M, EPS $-1.14. Year 2022: Revenue $1.3B, Net Income -$61.4M, EPS $-0.76. Year 2023: Revenue $1.4B, Net Income -$63.0M, EPS $-0.77. Year 2024: Revenue $1.5B, Net Income -$345.6M, EPS $-4.22. Year 2025: Revenue $1.7B, Net Income $67.8M, EPS $0.37.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Pegasystems Inc.'s revenue has grown significantly by 44% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.37 reflects profitable operations.

PEGA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
48.0%
Free cash flow / Revenue

PEGA Quarterly Earnings & Performance

Quarterly financial performance data for Pegasystems Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $430.0M $32.8M $0.18
Q3 2025 $325.1M $6.6M $-0.08
Q2 2025 $351.2M -$5.5M $-0.03
Q1 2025 $330.1M -$12.1M $-0.14
Q3 2024 $325.1M $6.6M $-0.09
Q2 2024 $298.3M -$5.5M $-0.07
Q1 2024 $325.5M -$12.1M $-0.14
Q3 2023 $270.7M -$379.0K $-0.09

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Pegasystems Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$212.3M
Cash generated from operations
Stock Buybacks
$167.3M
Shares repurchased (TTM)
Capital Expenditures
$5.7M
Investment in assets
Dividends Paid
$5.1M
Returned to shareholders

PEGA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Pegasystems Inc. (CIK: 0001013857)

📋 Recent SEC Filings

Date Form Document Action
May 20, 2026 4 xslF345X06/wk-form4_1779311275.xml View →
May 6, 2026 4 xslF345X06/wk-form4_1778097995.xml View →
Apr 24, 2026 DEF 14A pega-20260424.htm View →
Apr 21, 2026 10-Q pega-20260331.htm View →
Apr 21, 2026 8-K pega-20260421.htm View →

Frequently Asked Questions about PEGA

What is the AI rating for PEGA?

Pegasystems Inc. (PEGA) has an AI grade of A with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PEGA's key strengths?

Claude: Exceptional free cash flow margin of 48% demonstrates high-quality earnings and cash conversion. Conservative balance sheet with zero long-term debt and $270M cash position provides strategic flexibility.

What are the risks of investing in PEGA?

Claude: Operating margin of only 8.6% versus 75.2% gross margin indicates high operating expenses (R&D/SG&A) consuming profitability gains. Weak returns on equity (4.6%) and assets (2.1%) suggest inefficient capital deployment or overkapitalization despite strong cash generation.

What is PEGA's revenue and growth?

Pegasystems Inc. reported revenue of $430.0M.

Does PEGA pay dividends?

Pegasystems Inc. pays dividends, with $5.1M distributed to shareholders in the trailing twelve months.

Where can I find PEGA SEC filings?

Official SEC filings for Pegasystems Inc. (CIK: 0001013857) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PEGA's EPS?

Pegasystems Inc. has a diluted EPS of $0.18.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PEGA's fundamental grade?

Based on our AI fundamental analysis in May 2026, Pegasystems Inc. has a A grade with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PEGA stock overvalued or undervalued?

Valuation metrics for PEGA: ROE of 4.6% (sector avg: 22%), net margin of 7.6% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is PEGA's AI grade for 2026?

Our dual AI analysis gives Pegasystems Inc. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PEGA's free cash flow?

Pegasystems Inc.'s operating cash flow is $212.3M, with capital expenditures of $5.7M. FCF margin is 48.0%.

How does PEGA compare to other Technology stocks?

Vs Technology sector averages: Net margin 7.6% (avg: 18%), ROE 4.6% (avg: 22%), current ratio 1.22 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 29, 2026 | Data as of: 2026-03-31 | Powered by Claude AI