PEGA FY 2024 Earnings Report — Pegasystems Inc. Revenue & Financial Results | Market Cap Arena

Pegasystems Inc.PEGA

FY 2024 Earnings

Reported February 12, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$1.5B	—	$1.4B	—	4.5%
Op. Income	$124M	—	$81M	—	53.0%
Gross Margin	73.9%	—	73.6%	—	0.3pp
Net Margin	6.6%	—	4.7%	—	1.9pp
EPS (Diluted)	$0.55	—	$0.40	—	37.5%
Free Cash Flow	$338M	—	$201M	—	68.3%

Revenue Flow

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$391M
GROSS PROFIT	$1.1B
R&D Expenses	$298M
Selling & Marketing	$535M
General & Administrative	$113M
SG&A Expenses	$648M
Other Expenses	$37M
Operating Expenses	$983M
Cost & Expenses	$1.4B
OPERATING INCOME	$124M
Interest Income	$26M
Interest Expense	$7M
Other Income/Expenses	$19M
INCOME BEFORE TAX	$143M
Income Tax Expense	$43M
Net Income from Continuing Ops	$99M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$35M
EBIT	$149M
EBITDA	$185M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$391M
GROSS PROFIT	$1.1B
R&D Expenses	$298M
Selling & Marketing	$535M
General & Administrative	$113M
SG&A Expenses	$648M
Other Expenses	$37M
Operating Expenses	$983M
Cost & Expenses	$1.4B
OPERATING INCOME	$124M
Interest Income	$26M
Interest Expense	$7M
Other Income/Expenses	$19M
INCOME BEFORE TAX	$143M
Income Tax Expense	$43M
Net Income from Continuing Ops	$99M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$35M
EBIT	$149M
EBITDA	$185M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$99M
Depreciation & Amortization	$35M
Stock-Based Compensation	$143M
Deferred Income Tax	-$2M
Other Non-Cash Items	$51M
Change in Working Capital	$19M
OPERATING CASH FLOW	$346M
Capital Expenditure	-$8M
Acquisitions (Net)	$0
Purchases of Investments	-$559M
Sales/Maturities of Investments	$365M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$203M
Net Debt Issuance	-$34M
Common Stock Repurchased	-$73M
Common Dividends Paid	-$10M
Other Financing Activities	$87M
NET CASH FROM FINANCING	-$30M
FREE CASH FLOW	$338M
Net Change in Cash	$109M

Balance Sheet

Item	Amount
Cash & Equivalents	$337M
Short-Term Investments	$403M
Net Receivables	$553M
Inventory	$0
Other Current Assets	$3M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$104M
Goodwill	$81M
Intangible Assets	$4M
Long-Term Investments	$21M
Tax Assets	$4M
Other Non-Current Assets	$220M
TOTAL NON-CURRENT ASSETS	$435M
TOTAL ASSETS	$1.8B
Account Payables	$6M
Short-Term Debt	$467M
Deferred Revenue	$424M
Other Current Liabilities	$145M
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$0
Deferred Revenue NC	$2M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$27M
TOTAL NON-CURRENT LIABILITIES	$97M
TOTAL LIABILITIES	$1.2B
Common Stock	$861.0K
Additional Paid-In Capital	$527M
Retained Earnings	$88M
Treasury Stock	$0
Accum. Other Comp. Income	-$30M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$585M
Minority Interest	$0
TOTAL EQUITY	$585M
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$550M
Net Debt	$213M