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Sep 30, 2021
Pegasystems Q3 2021 Earnings Report
Pegasystems' Q3 2021 earnings were released, revealing accelerated growth driven by Pega Cloud Choice and subscription revenue.
Key Takeaways
Pegasystems reported Q3 2021 financial results, with total ACV growing by 22% and subscription revenue increasing by 32% year over year. Total revenue reached $256.268 million, a 13% increase compared to the same period last year.
Total ACV grew 22 percent, powered by Pega Cloud Choice
Pega subscription revenue grew 32 percent year over year
Total Backlog increases 23 percent year over year
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Pegasystems Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income