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Jun 30, 2021
Pegasystems Q2 2021 Earnings Report
Pegasystems' Q2 2021 financial results were released, revealing strong first-half momentum.
Key Takeaways
Pegasystems reported a strong Q2 2021 with total revenue of $325.702 million, a 43% increase year-over-year. The company's ACV grew by 22%, driven by Pega Cloud Choice, and backlog increased by 26% to over $1 billion.
Total ACV grew 22 percent, powered by Pega Cloud Choice.
Pega Cloud ACV grew 46 percent to over 300 million dollars.
Total Backlog increases 26 percent year over year to over 1 billion dollars
The strongest revenue quarter in the company’s history was delivered.
Pegasystems
Pegasystems
Pegasystems Revenue by Segment
Revenue by Segment
Pega Cloud Revenue
CapyFin.comSubscription License Revenue
CapyFin.comConsulting Revenue
CapyFin.comPerpetual License Revenue
CapyFin.com Forward Guidance
No forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income