v3.25.2
REVENUE
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE
NOTE 13. REVENUE
Geographic revenue
Revenues by geography are determined based on client location:
Three Months Ended
June 30,		Six Months Ended
June 30,
(Dollars in thousands)
2025202420252024
U.S.$208,116 54 %$189,214 54 %$477,308 56 %$370,197 55 %
Other Americas19,632 5 %21,314 6 %53,373 6 %43,100 6 %
United Kingdom (“U.K.”)40,634 11 %38,628 11 %81,376 9 %70,745 10 %
Europe (excluding U.K.), Middle East, and Africa 64,420 17 %53,360 15 %138,476 16 %115,207 17 %
Asia-Pacific51,710 13 %48,637 14 %109,612 13 %82,051 12 %
$384,512 100 %$351,153 100 %$860,145 100 %$681,300 100 %
Revenue streams
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)
2025202420252024
Pega Cloud$166,743 $134,086 $317,866 $264,988 
Maintenance79,271 80,344 155,639 161,345 
Consulting57,824 52,040 118,245 106,087 
Revenue recognized over time303,838 266,470 591,750 532,420 
Subscription license79,963 84,647 266,518 147,985 
Perpetual license711 36 1,877 895 
Revenue recognized at a point in time80,674 84,683 268,395 148,880 
Total revenue$384,512 $351,153 $860,145 $681,300 
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2025202420252024
Pega Cloud$166,743 $134,086 $317,866 $264,988 
Maintenance79,271 80,344 155,639 161,345 
Subscription services246,014 214,430 473,505 426,333 
Subscription license79,963 84,647 266,518 147,985 
Subscription325,977 299,077 740,023 574,318 
Consulting57,824 52,040 118,245 106,087 
Perpetual license711 36 1,877 895 
Total revenue$384,512 $351,153 $860,145 $681,300 
Remaining performance obligations ("Backlog")
Expected future revenue from existing non-cancellable contracts:
As of June 30, 2025:
(Dollars in thousands)Subscription servicesSubscription licensePerpetual licenseConsultingTotal
Pega CloudMaintenance
1 year or less
$603,683 $220,954 $61,905 $317 $39,798 $926,657 51 %
1-2 years
334,586 79,345 4,262 — 2,846 421,039 23 %
2-3 years
172,513 49,587 746 — 252 223,098 12 %
Greater than 3 years
210,416 46,843 7,220 — 56 264,535 14 %
$1,321,198 $396,729 $74,133 $317 $42,952 $1,835,329 100 %
As of June 30, 2024:
(Dollars in thousands)Subscription servicesSubscription licensePerpetual licenseConsultingTotal
Pega CloudMaintenance
1 year or less
$470,379 $209,655 $23,931 $2,696 $25,953 $732,614 52 %
1-2 years
301,070 63,266 10,078 — 2,469 376,883 27 %
2-3 years
152,839 30,032 2,884 — 2,473 188,228 13 %
Greater than 3 years
90,474 17,953 97 — — 108,524 8 %
$1,014,762 $320,906 $36,990 $2,696 $30,895 $1,406,249 100 %