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Red Flags Detected

  • Litigation Settlement Accrual (new) — The Company has recorded an accrual for litigation settlements, indicating a material estimated loss from legal matters.
NASDAQ: PEGA PEGASYSTEMS INC 10-Q

Net income fell 67.5% to $14.1M in the third quarter, including a $16.0M litigation settlement.

Filed October 20, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 21, 2025 · ~1 min read

Key Changes

  • high

    Total revenue rose 3.1% to $393.4M, with Pega Cloud revenue up 18.6% to $218.9M.

  • high

    Operating expenses increased 5.2% to $274.7M, including a $16.0M litigation settlement.

  • medium

    Nine-month operating cash flow decreased 12.3% to $304.3M.

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 20, 2026 · How we verify