v3.26.3
REVENUE (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
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)
2026202520262025
U.S.$175,734 44 %$185,132 49 %$591,281 48 %$662,440 54 %
Other Americas30,043 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-Pacific73,028 19 %55,198 14 %177,722 14 %164,810 13 %
$393,359 100 %$381,350 100 %$1,244,048 100 %$1,241,495 100 %
Schedule of Revenue Streams
Revenue streams
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)
2026202520262025
Pega Cloud$218,925 $184,549 $637,890 $502,415 
Maintenance72,653 79,649 222,498 235,288 
Consulting46,203 56,394 151,202 174,639 
Revenue recognized over time337,781 320,592 1,011,590 912,342 
Subscription license55,578 60,758 232,458 329,153 
Revenue recognized at a point in time55,578 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)2026202520262025
Pega Cloud$218,925 $184,549 $637,890 $502,415 
Maintenance72,653 79,649 222,498 235,288 
Subscription services291,578 264,198 860,388 737,703 
Subscription license55,578 60,758 232,458 329,153 
Subscription347,156 324,956 1,092,846 1,066,856 
Consulting46,203 56,394 151,202 174,639 
Total revenue$393,359 $381,350 $1,244,048 $1,241,495 
Schedule of Remaining Performance Obligations
Expected future revenue from existing non-cancellable contracts:
As of September 30, 2026:
(Dollars in thousands)Subscription servicesSubscription licenseConsultingTotal
Pega CloudMaintenance
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 servicesSubscription licenseConsultingTotal
Pega CloudMaintenance
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 %