Pegasystems Shares Fall on 2Q Earnings Miss, Slowing Annual Contract Value Growth

Dow Jones

Jul 22

Shares of Pegasystems fell after the company reported second-quarter results below Wall Street expectations and said that its annual contract value growth rate had slowed.

The stock fell 13% to $26.91 in after-hours trading on Tuesday. Shares closed down 2.4% at $30.94, and have fallen 48% this year.

The software company on Tuesday reported 7% growth in annual contact value. It said that its AVC growth rate during the first half of the year was substantially slower than the same period a year earlier.

"Unprecedented changes in the AI market caused clients to delay their purchasing decisions," the company said Tuesday. It said the same factors may continue to impact ACV growth and cash flow generation for the rest of the year.

Pegasystems reported a profit of $13.3 million, or 8 cents a share, compared with a profit of $30.1 million, or 17 cents a share, a year earlier.

Stripping out certain one-time items, the company reported adjusted earnings of 35 cents a share. Analysts polled by FactSet were expecting 43 cents a share.

Revenue rose to $420.7 million, up from $384.5 million a year prior. Analysts were expecting $427.4 million in revenue.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

July 21, 2026 18:08 ET (22:08 GMT)

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Shares closed down 2.4% at $30.94, and have fallen 48% this year. \n</p>\n<p>\n  The software company on Tuesday reported 7% growth in annual contact value. It said that its AVC growth rate during the first half of the year was substantially slower than the same period a year earlier. \n</p>\n<p>\n  \"Unprecedented changes in the AI market caused clients to delay their purchasing decisions,\" the company said Tuesday. It said the same factors may continue to impact ACV growth and cash flow generation for the rest of the year. \n</p>\n<p>\n  Pegasystems reported a profit of $13.3 million, or 8 cents a share, compared with a profit of $30.1 million, or 17 cents a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, the company reported adjusted earnings of 35 cents a share. Analysts polled by FactSet were expecting 43 cents a share. \n</p>\n<p>\n  Revenue rose to $420.7 million, up from $384.5 million a year prior. Analysts were expecting $427.4 million in revenue. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 21, 2026 18:08 ET (22:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEGA","symbol_name":"Pegasystems Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653786753","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653786753","pubTimestamp":1784671680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Pegasystems fell after the company reported second-quarter results below Wall Street expectations and said that its annual contract value growth rate had slowed.The stock fell 13% to $26.91 ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PEGA":"Pegasystems Inc"},"translate_title":"Pegasystems 股价因第二季度盈利未达预期而下跌，年度合同价值增长放缓","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEGA":1.5},"content_text":"Shares of Pegasystems fell after the company reported second-quarter results below Wall Street expectations and said that its annual contract value growth rate had slowed. \n\n\n  The stock fell 13% to $26.91 in after-hours trading on Tuesday. Shares closed down 2.4% at $30.94, and have fallen 48% this year. \n\n\n  The software company on Tuesday reported 7% growth in annual contact value. It said that its AVC growth rate during the first half of the year was substantially slower than the same period a year earlier. \n\n\n  \"Unprecedented changes in the AI market caused clients to delay their purchasing decisions,\" the company said Tuesday. It said the same factors may continue to impact ACV growth and cash flow generation for the rest of the year. \n\n\n  Pegasystems reported a profit of $13.3 million, or 8 cents a share, compared with a profit of $30.1 million, or 17 cents a share, a year earlier. \n\n\n  Stripping out certain one-time items, the company reported adjusted earnings of 35 cents a share. Analysts polled by FactSet were expecting 43 cents a share. \n\n\n  Revenue rose to $420.7 million, up from $384.5 million a year prior. 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