v3.25.3
REVENUE (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Geographic Revenue
Revenues by geography are determined based on client location:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(Dollars in thousands)
2025202420252024
U.S.$185,132 49 %$156,135 48 %$662,440 54 %$526,332 53 %
Other Americas23,511 6 %28,836 9 %76,884 6 %71,936 7 %
United Kingdom (“U.K.”)53,099 14 %37,593 12 %134,475 11 %108,338 11 %
Europe (excluding U.K.), Middle East, and Africa 64,410 17 %60,048 18 %202,886 16 %175,255 17 %
Asia-Pacific55,198 14 %42,438 13 %164,810 13 %124,489 12 %
$381,350 100 %$325,050 100 %$1,241,495 100 %$1,006,350 100 %
Schedule of Revenue Streams
Revenue streams
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)
2025202420252024
Pega Cloud$184,549 $144,108 $502,415 $409,096 
Maintenance79,649 80,702 235,288 242,047 
Consulting56,394 54,364 174,639 160,451 
Revenue recognized over time320,592 279,174 912,342 811,594 
Subscription license60,600 45,420 327,118 193,405 
Perpetual license158 456 2,035 1,351 
Revenue recognized at a point in time60,758 45,876 329,153 194,756 
Total revenue$381,350 $325,050 $1,241,495 $1,006,350 
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2025202420252024
Pega Cloud$184,549 $144,108 $502,415 $409,096 
Maintenance79,649 80,702 235,288 242,047 
Subscription services264,198 224,810 737,703 651,143 
Subscription license60,600 45,420 327,118 193,405 
Subscription324,798 270,230 1,064,821 844,548 
Consulting56,394 54,364 174,639 160,451 
Perpetual license158 456 2,035 1,351 
Total revenue$381,350 $325,050 $1,241,495 $1,006,350 
Schedule of Remaining Performance Obligations
Expected future revenue from existing non-cancellable contracts:
As of September 30, 2025:
(Dollars in thousands)Subscription servicesSubscription licensePerpetual licenseConsultingTotal
Pega CloudMaintenance
1 year or less
$609,511 $199,651 $46,228 $158 $43,979 $899,527 51 %
1-2 years
319,940 71,730 4,404 — 2,478 398,552 23 %
2-3 years
164,125 48,668 746 — 114 213,653 12 %
Greater than 3 years
195,133 40,385 7,220 — 56 242,794 14 %
$1,288,709 $360,434 $58,598 $158 $46,627 $1,754,526 100 %
As of September 30, 2024:
(Dollars in thousands)Subscription servicesSubscription licensePerpetual licenseConsultingTotal
Pega CloudMaintenance
1 year or less
$495,637 $188,905 $38,175 $2,252 $54,203 $779,172 53 %
1-2 years
310,020 63,701 9,686 317 3,062 386,786 26 %
2-3 years
146,877 26,436 3,046 — 2,008 178,367 12 %
Greater than 3 years
112,002 18,854 102 — — 130,958 9 %
$1,064,536 $297,896 $51,009 $2,569 $59,273 $1,475,283 100 %