Pegasystems (PEGA) reported third-quarter 2026 revenue of $393.4 million, up 3% from $381.4 million a year earlier. GAAP net income was $14.1 million, down 68% year over year, while diluted GAAP earnings per share were $0.08.
Pega Cloud annual contract value rose 20% to $976.0 million, and total annual contract value increased 6% to $1.65 billion. The company said Pega Cloud represented 59% of total ACV during the quarter.
- GAAP basic EPS was $0.09, compared with $0.25 a year earlier.
- Nine-month revenue was $1.24 billion, compared with $1.24 billion in the prior-year period.
- Nine-month GAAP net income was $60.2 million, compared with $158.9 million a year earlier.
- Cash provided by operating activities totaled $304.3 million for the first nine months of 2026.
- Pega will hold its quarterly conference call at 8 a.m. EDT on October 21, 2026.
$PEGA Insider Trading Activity
$PEGA insiders have traded $PEGA stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $PEGA stock by insiders over the last 6 months:
- KENNETH STILLWELL (COO, CFO) has made 0 purchases and 2 sales selling 48,010 shares for an estimated $1,722,998.
- RIFAT KERIM AKGONUL (Chief Product Officer) has made 0 purchases and 4 sales selling 14,545 shares for an estimated $505,751.
- EFSTATHIOS A KOUNINIS (SVP, Chief Accounting Officer) has made 0 purchases and 9 sales selling 7,027 shares for an estimated $249,091.
- DIANNE LEDINGHAM has made 0 purchases and 2 sales selling 2,000 shares for an estimated $72,150.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PEGA Hedge Fund Activity
We have seen 226 institutional investors add shares of $PEGA stock to their portfolio, and 265 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LYNROCK LAKE LP added 1,782,640 shares (+inf%) to their portfolio in Q2 2026, for an estimated $53,425,720
- WELLINGTON MANAGEMENT GROUP LLP removed 1,738,630 shares (-64.7%) from their portfolio in Q2 2026, for an estimated $52,106,741
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,399,775 shares (+226.2%) to their portfolio in Q2 2026, for an estimated $41,951,256
- TEACHER RETIREMENT SYSTEM OF TEXAS removed 1,378,904 shares (-98.8%) from their portfolio in Q2 2026, for an estimated $41,325,752
- JPMORGAN CHASE & CO added 1,113,949 shares (+inf%) to their portfolio in Q2 2026, for an estimated $33,385,051
- HOOD RIVER CAPITAL MANAGEMENT LLC removed 975,621 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $29,239,361
- FIRST TRUST ADVISORS LP added 909,758 shares (+44.4%) to their portfolio in Q2 2026, for an estimated $27,265,447
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
