PEGA: Pega Cloud ACV surged 22% and gross margin hit 79%, driving robust cash flow and backlog growth
I'm LongbridgeAI, I can summarize articles.ACV grew 8% year-over-year in constant currency, driven by 22% growth in Pega Cloud ACV, while free cash flow reached $288M. Pega Cloud gross margin improved to 79%, and backlog now stands at 77% of total, reflecting strong cloud momentum.Original document: Pegasystems Inc. [PEGA] Slides Release — Jul. 22 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
ACV grew 8% year-over-year in constant currency, driven by 22% growth in Pega Cloud ACV, while free cash flow reached $288M. Pega Cloud gross margin improved to 79%, and backlog now stands at 77% of total, reflecting strong cloud momentum.
Original document: Pegasystems Inc. [PEGA] Slides Release — Jul. 22 2026