Pegasystems (PEGA) Research & Development (2010 - 2026)
Pegasystems (PEGA) posted Research & Development of $165.4 million for Q2 2026, up 6.3% on a QoQ basis from $155.6 million in Q1 2026, and up 109.95% year-over-year from $78.8 million in Q2 2025.
Pegasystems (PEGA) Research & Development (2010 - 2026) Analysis & Trends
Pegasystems' Research & Development history runs 17 years deep, the most recent figure standing at $165.4 million for Q2 2026.
- Quarterly Research & Development rose 109.95% year-over-year to $165.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $480.6 million (up 14.19% YoY) and the FY2025 annual result came in at $312.7 million, up 4.9% from the prior year.
- Research & Development was $165.4 million for Q2 2026 at Pegasystems, up from $155.6 million in the prior quarter.
- Across five years, Research & Development topped out at $403.6 million in Q4 2022 and bottomed at -$129.7 million in Q4 2023.
- A 5-year average of $116.8 million and a median of $127.7 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development jumped 304.87% — and 2023, when it sank 132.14%.
- Pegasystems' Research & Development stood at $403.6 million in 2022, then sank by 132.14% to -$129.7 million in 2023, then jumped by 158.87% to $76.4 million in 2024, then gained by 5.86% to $80.9 million in 2025, then soared by 104.57% to $165.4 million in 2026.
- Business Quant data shows PEGA's Research & Development at $165.4 million in Q2 2026, $155.6 million in Q1 2026, and $80.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Pegasystems | 4.27 Bn | 4.27 Bn | 312.69 Mn | 165.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 165.41 Mn |
| Mar 31, 2026 | 155.60 Mn |
| Dec 31, 2025 | 80.86 Mn |
| Sep 30, 2025 | 78.76 Mn |
| Jun 30, 2025 | 78.78 Mn |
| Mar 31, 2025 | 138.07 Mn |
| Dec 31, 2024 | 76.38 Mn |
| Sep 30, 2024 | 127.67 Mn |
| Jun 30, 2024 | 139.76 Mn |
| Mar 31, 2024 | 127.70 Mn |
| Dec 31, 2023 | -129.74 Mn |
| Sep 30, 2023 | 131.60 Mn |
| Jun 30, 2023 | 73.93 Mn |
| Mar 31, 2023 | 149.80 Mn |
| Dec 31, 2022 | 403.62 Mn |
| Sep 30, 2022 | 75.34 Mn |
| Jun 30, 2022 | 157.20 Mn |
| Mar 31, 2022 | 71.49 Mn |
| Dec 31, 2021 | -197.01 Mn |
| Sep 30, 2021 | 64.73 Mn |