
Pegasystems Inc
NASDAQ:PEGA

Income Statement
Earnings Waterfall
Pegasystems Inc
Revenue
|
1.5B
USD
|
Cost of Revenue
|
-390.7m
USD
|
Gross Profit
|
1.1B
USD
|
Operating Expenses
|
-945.7m
USD
|
Operating Income
|
160.8m
USD
|
Other Expenses
|
-61.6m
USD
|
Net Income
|
99.2m
USD
|
Income Statement
Pegasystems Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
590
N/A
|
603
+2%
|
622
+3%
|
647
+4%
|
683
+5%
|
708
+4%
|
735
+4%
|
755
+3%
|
762
+1%
|
840
+10%
|
837
0%
|
846
+1%
|
889
+5%
|
867
-2%
|
878
+1%
|
890
+1%
|
892
+0%
|
869
-3%
|
878
+1%
|
891
+2%
|
911
+2%
|
964
+6%
|
986
+2%
|
996
+1%
|
1 018
+2%
|
1 066
+5%
|
1 164
+9%
|
1 194
+3%
|
1 212
+1%
|
1 275
+5%
|
1 223
-4%
|
1 238
+1%
|
1 318
+6%
|
1 267
-4%
|
1 291
+2%
|
1 355
+5%
|
1 433
+6%
|
1 437
+0%
|
1 490
+4%
|
1 481
-1%
|
1 497
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(185)
|
(189)
|
(197)
|
(206)
|
(213)
|
(220)
|
(225)
|
(230)
|
(239)
|
(251)
|
(259)
|
(268)
|
(280)
|
(287)
|
(293)
|
(298)
|
(302)
|
(301)
|
(304)
|
(310)
|
(310)
|
(315)
|
(315)
|
(312)
|
(311)
|
(314)
|
(322)
|
(328)
|
(336)
|
(342)
|
(353)
|
(362)
|
(369)
|
(378)
|
(379)
|
(380)
|
(378)
|
(375)
|
(376)
|
(379)
|
(391)
|
|
Gross Profit |
405
N/A
|
414
+2%
|
425
+3%
|
441
+4%
|
469
+6%
|
488
+4%
|
509
+4%
|
525
+3%
|
523
0%
|
589
+13%
|
579
-2%
|
578
0%
|
609
+5%
|
580
-5%
|
584
+1%
|
592
+1%
|
590
0%
|
568
-4%
|
574
+1%
|
581
+1%
|
601
+4%
|
649
+8%
|
672
+3%
|
684
+2%
|
707
+3%
|
752
+6%
|
842
+12%
|
866
+3%
|
875
+1%
|
932
+7%
|
870
-7%
|
876
+1%
|
949
+8%
|
889
-6%
|
912
+3%
|
975
+7%
|
1 054
+8%
|
1 062
+1%
|
1 114
+5%
|
1 102
-1%
|
1 107
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(353)
|
(365)
|
(373)
|
(383)
|
(405)
|
(420)
|
(438)
|
(459)
|
(469)
|
(486)
|
(492)
|
(498)
|
(516)
|
(545)
|
(563)
|
(586)
|
(607)
|
(627)
|
(662)
|
(699)
|
(736)
|
(775)
|
(796)
|
(823)
|
(850)
|
(869)
|
(907)
|
(935)
|
(970)
|
(1 010)
|
(1 034)
|
(1 052)
|
(1 037)
|
(1 016)
|
(993)
|
(972)
|
(951)
|
(927)
|
(926)
|
(929)
|
(946)
|
|
Selling, General & Administrative |
(236)
|
(243)
|
(248)
|
(254)
|
(271)
|
(282)
|
(298)
|
(313)
|
(305)
|
(326)
|
(323)
|
(324)
|
(333)
|
(355)
|
(371)
|
(387)
|
(402)
|
(414)
|
(439)
|
(467)
|
(499)
|
(530)
|
(541)
|
(561)
|
(578)
|
(592)
|
(622)
|
(643)
|
(667)
|
(692)
|
(705)
|
(710)
|
(688)
|
(666)
|
(639)
|
(615)
|
(595)
|
(570)
|
(568)
|
(573)
|
(584)
|
|
Research & Development |
(109)
|
(114)
|
(118)
|
(122)
|
(126)
|
(131)
|
(136)
|
(141)
|
(146)
|
(151)
|
(155)
|
(158)
|
(163)
|
(169)
|
(172)
|
(177)
|
(182)
|
(186)
|
(193)
|
(199)
|
(205)
|
(213)
|
(223)
|
(230)
|
(237)
|
(241)
|
(246)
|
(251)
|
(261)
|
(270)
|
(280)
|
(290)
|
(294)
|
(298)
|
(298)
|
(298)
|
(296)
|
(292)
|
(294)
|
(293)
|
(298)
|
|
Depreciation & Amortization |
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
0
|
(5)
|
(7)
|
(6)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(4)
|
(3)
|
(2)
|
0
|
0
|
(2)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
(12)
|
(3)
|
(6)
|
(9)
|
(12)
|
(13)
|
(14)
|
(15)
|
(17)
|
(22)
|
(24)
|
(28)
|
(29)
|
(29)
|
(31)
|
(32)
|
(33)
|
(36)
|
(39)
|
(40)
|
(41)
|
(47)
|
(48)
|
(50)
|
(54)
|
(51)
|
(54)
|
(58)
|
(59)
|
(62)
|
(63)
|
(63)
|
(62)
|
|
Operating Income |
52
N/A
|
49
-6%
|
52
+6%
|
58
+11%
|
65
+12%
|
68
+5%
|
71
+4%
|
66
-7%
|
54
-19%
|
103
+92%
|
87
-15%
|
79
-9%
|
93
+17%
|
35
-62%
|
21
-41%
|
6
-72%
|
(17)
N/A
|
(59)
-247%
|
(88)
-49%
|
(118)
-33%
|
(135)
-15%
|
(125)
+7%
|
(124)
+1%
|
(139)
-12%
|
(144)
-3%
|
(118)
+18%
|
(65)
+45%
|
(69)
-6%
|
(95)
-38%
|
(78)
+18%
|
(164)
-111%
|
(176)
-7%
|
(88)
+50%
|
(127)
-45%
|
(81)
+36%
|
3
N/A
|
103
+3 323%
|
136
+32%
|
188
+39%
|
172
-9%
|
161
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(6)
|
(7)
|
(5)
|
(4)
|
0
|
2
|
3
|
5
|
4
|
2
|
(5)
|
(5)
|
(6)
|
(3)
|
4
|
5
|
3
|
3
|
1
|
(1)
|
(5)
|
(9)
|
(9)
|
(14)
|
(14)
|
(15)
|
(14)
|
(14)
|
(6)
|
(4)
|
0
|
(2)
|
(2)
|
(5)
|
(11)
|
8
|
(5)
|
3
|
7
|
20
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(19)
|
1
|
20
|
32
|
31
|
38
|
4
|
(24)
|
(35)
|
(80)
|
(73)
|
(79)
|
(47)
|
(31)
|
(45)
|
(23)
|
(54)
|
(54)
|
(38)
|
(38)
|
|
Total Other Income |
0
|
0
|
0
|
(0)
|
0
|
(2)
|
(4)
|
(5)
|
0
|
2
|
4
|
5
|
(2)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
0
|
3
|
7
|
7
|
7
|
7
|
8
|
21
|
8
|
20
|
15
|
2
|
(0)
|
|
Pre-Tax Income |
48
N/A
|
43
-11%
|
45
+5%
|
53
+17%
|
61
+15%
|
65
+7%
|
66
+2%
|
61
-7%
|
55
-9%
|
108
+96%
|
93
-15%
|
80
-14%
|
86
+8%
|
28
-68%
|
17
-39%
|
8
-54%
|
(12)
N/A
|
(57)
-392%
|
(85)
-50%
|
(117)
-37%
|
(135)
-16%
|
(147)
-9%
|
(131)
+11%
|
(127)
+3%
|
(125)
+2%
|
(100)
+20%
|
(41)
+59%
|
(78)
-89%
|
(132)
-68%
|
(116)
+12%
|
(241)
-108%
|
(242)
0%
|
(162)
+33%
|
(169)
-5%
|
(109)
+35%
|
(31)
+71%
|
95
N/A
|
96
+0%
|
151
+58%
|
143
-5%
|
143
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(13)
|
(14)
|
(17)
|
(24)
|
(24)
|
(24)
|
(22)
|
(10)
|
(21)
|
(6)
|
5
|
(2)
|
16
|
13
|
13
|
22
|
26
|
33
|
42
|
44
|
60
|
55
|
63
|
64
|
57
|
57
|
57
|
69
|
59
|
(139)
|
(176)
|
(184)
|
(197)
|
(17)
|
(9)
|
(28)
|
(19)
|
(21)
|
(21)
|
(43)
|
|
Income from Continuing Operations |
33
|
29
|
31
|
35
|
36
|
41
|
42
|
39
|
45
|
88
|
87
|
85
|
84
|
44
|
30
|
21
|
11
|
(30)
|
(52)
|
(75)
|
(90)
|
(87)
|
(76)
|
(65)
|
(61)
|
(43)
|
15
|
(22)
|
(63)
|
(57)
|
(380)
|
(417)
|
(346)
|
(366)
|
(127)
|
(40)
|
68
|
76
|
130
|
123
|
99
|
|
Net Income (Common) |
33
N/A
|
29
-12%
|
31
+5%
|
35
+14%
|
36
+3%
|
41
+12%
|
42
+3%
|
39
-7%
|
45
+15%
|
88
+95%
|
87
-1%
|
85
-2%
|
99
+16%
|
58
-41%
|
44
-24%
|
35
-20%
|
11
-70%
|
(30)
N/A
|
(52)
-72%
|
(75)
-43%
|
(90)
-21%
|
(87)
+4%
|
(76)
+13%
|
(65)
+15%
|
(61)
+5%
|
(43)
+31%
|
15
N/A
|
(22)
N/A
|
(63)
-189%
|
(57)
+10%
|
(380)
-570%
|
(417)
-10%
|
(346)
+17%
|
(366)
-6%
|
(127)
+65%
|
(40)
+68%
|
68
N/A
|
76
+13%
|
130
+70%
|
123
-5%
|
99
-19%
|
|
EPS (Diluted) |
0.42
N/A
|
0.38
-10%
|
0.4
+5%
|
0.46
+15%
|
0.46
N/A
|
0.51
+11%
|
0.53
+4%
|
0.49
-8%
|
0.56
+14%
|
1.08
+93%
|
1.06
-2%
|
1.01
-5%
|
1.18
+17%
|
0.69
-42%
|
0.55
-20%
|
0.44
-20%
|
0.13
-70%
|
-0.38
N/A
|
-0.66
-74%
|
-0.94
-42%
|
-1.14
-21%
|
-1.1
+4%
|
-0.95
+14%
|
-0.81
+15%
|
-0.76
+6%
|
-0.53
+30%
|
0.17
N/A
|
-0.26
N/A
|
-0.77
-196%
|
-0.69
+10%
|
-4.65
-574%
|
-5.1
-10%
|
-4.22
+17%
|
-4.43
-5%
|
-1.53
+65%
|
-0.48
+69%
|
0.8
N/A
|
0.9
+13%
|
1.46
+62%
|
1.43
-2%
|
1.11
-22%
|