REVENUE (Tables)
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9 Months Ended |
Sep. 30, 2026 |
| Revenue from Contract with Customer [Abstract] |
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| Schedule of Geographic Revenue |
Revenues by geography are determined based on client location: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | (Dollars in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | U.S. | $ | 175,734 | | 44 | % | | $ | 185,132 | | 49 | % | | $ | 591,281 | | 48 | % | | $ | 662,440 | | 54 | % | | Other Americas | 30,043 | | 8 | % | | 23,511 | | 6 | % | | 96,450 | | 8 | % | | 76,884 | | 6 | % | | United Kingdom (“U.K.”) | 45,255 | | 11 | % | | 53,099 | | 14 | % | | 162,165 | | 13 | % | | 134,475 | | 11 | % | | Europe (excluding U.K.), Middle East, and Africa | 69,299 | | 18 | % | | 64,410 | | 17 | % | | 216,430 | | 17 | % | | 202,886 | | 16 | % | | Asia-Pacific | 73,028 | | 19 | % | | 55,198 | | 14 | % | | 177,722 | | 14 | % | | 164,810 | | 13 | % | | $ | 393,359 | | 100 | % | | $ | 381,350 | | 100 | % | | $ | 1,244,048 | | 100 | % | | $ | 1,241,495 | | 100 | % |
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| Schedule of Revenue Streams |
Revenue streams | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Pega Cloud | $ | 218,925 | | | $ | 184,549 | | | $ | 637,890 | | | $ | 502,415 | | | Maintenance | 72,653 | | | 79,649 | | | 222,498 | | | 235,288 | | | Consulting | 46,203 | | | 56,394 | | | 151,202 | | | 174,639 | | | Revenue recognized over time | 337,781 | | | 320,592 | | | 1,011,590 | | | 912,342 | | | Subscription license | 55,578 | | | 60,758 | | | 232,458 | | | 329,153 | | | Revenue recognized at a point in time | 55,578 | | | 60,758 | | | 232,458 | | | 329,153 | | | Total revenue | $ | 393,359 | | | $ | 381,350 | | | $ | 1,244,048 | | | $ | 1,241,495 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Pega Cloud | $ | 218,925 | | | $ | 184,549 | | | $ | 637,890 | | | $ | 502,415 | | | Maintenance | 72,653 | | | 79,649 | | | 222,498 | | | 235,288 | | | Subscription services | 291,578 | | | 264,198 | | | 860,388 | | | 737,703 | | | Subscription license | 55,578 | | | 60,758 | | | 232,458 | | | 329,153 | | | Subscription | 347,156 | | | 324,956 | | | 1,092,846 | | | 1,066,856 | | | Consulting | 46,203 | | | 56,394 | | | 151,202 | | | 174,639 | | | Total revenue | $ | 393,359 | | | $ | 381,350 | | | $ | 1,244,048 | | | $ | 1,241,495 | |
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| Schedule of Remaining Performance Obligations |
Expected future revenue from existing non-cancellable contracts: As of September 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | Subscription services | | Subscription license | | Consulting | | Total | | Pega Cloud | | Maintenance | | | | 1 year or less | $ | 730,041 | | | $ | 180,906 | | | $ | 32,317 | | | $ | 42,205 | | | $ | 985,469 | | 49 | % | 1-2 years | 416,308 | | | 85,371 | | | 1,476 | | | 1,463 | | | 504,618 | | 25 | % | 2-3 years | 233,510 | | | 46,416 | | | 7,348 | | | 574 | | | 287,848 | | 14 | % | Greater than 3 years | 216,977 | | | 12,544 | | | 945 | | | 963 | | | 231,429 | | 12 | % | | $ | 1,596,836 | | | $ | 325,237 | | | $ | 42,086 | | | $ | 45,205 | | | $ | 2,009,364 | | 100 | % |
As of September 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | Subscription services | | Subscription license | | Consulting | | Total | | Pega Cloud | | Maintenance | | | | 1 year or less | $ | 609,511 | | | $ | 199,651 | | | $ | 46,386 | | | $ | 43,979 | | | $ | 899,527 | | 51 | % | 1-2 years | 319,940 | | | 71,730 | | | 4,404 | | | 2,478 | | | 398,552 | | 23 | % | 2-3 years | 164,125 | | | 48,668 | | | 746 | | | 114 | | | 213,653 | | 12 | % | Greater than 3 years | 195,133 | | | 40,385 | | | 7,220 | | | 56 | | | 242,794 | | 14 | % | | $ | 1,288,709 | | | $ | 360,434 | | | $ | 58,756 | | | $ | 46,627 | | | $ | 1,754,526 | | 100 | % |
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