Pegasystems Inc

PEGA: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Pegasystems Earnings: Lower ACV Growth Will Feed Skepticism Around Software Vulnerability to AI

Dan Romanoff

Jul 22, 2026

Pegasystems reported second-quarter results that included revenue growth of 9% year over year to $421 million and non-GAAP operating margin of 12.6%. The firm does not provide quarterly guidance, so results can be volatile against consensus expectations.

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Pegasystems Inc

Pegasystems Earnings: Lower ACV Growth Will Feed Skepticism Around Software Vulnerability to AI

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