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Mar 31, 2022
Pegasystems Q1 2022 Earnings Report
Pegasystems' Q1 2022 financial results were released, showcasing revenue growth and improved profitability.
Key Takeaways
Pegasystems reported a 20% increase in total revenue, reaching $376 million, and a significant improvement in gross margin to 77%. The company's annual contract value (ACV) also grew by 21%.
Total revenue increased by 20% to $376 million.
Gross margin improved to 77%.
Non-GAAP net income increased by 112% to $50.2 million.
Annual contract value (ACV) grew by 21%.
Pegasystems
Pegasystems
Pegasystems Revenue by Segment
Revenue by Segment
Pega Cloud Revenue
CapyFin.comSubscription License Revenue
CapyFin.comConsulting Revenue
CapyFin.comPerpetual License Revenue
CapyFin.comMaintenance Revenue
CapyFin.com Forward Guidance
The press release does not contain information regarding forward guidance. Therefore, this section is left blank.
Revenue & Expenses
Visualization of income flow from segment revenue to net income