Earnings$PEGA5:18 PM ET

Pegasystems profit falls in third quarter as AI shifts slow contract growth

By BORSA NewsroomPublished Oct 20, 2026, 5:18 PM EDTUpdated Oct 20, 2026, 5:19 PM EDT

Pegasystems posted a lower Q3 profit as AI market changes slowed annual contract value growth. Revenue and adjusted EPS missed analyst estimates. Shares fell 4.2% after hours. The company cited greater client scrutiny on large tech investments and go-to-market challenges.

Sentimentbearish 30

Bearish · 30 of 100

Impact60

medium · sector-wide

Confidence90%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Q3 profit $14.01M (8c/share) vs $43.36M (24c) year ago