Pegasystems (PEGA) Research & Development (2010 - 2026)
Pegasystems' (PEGA) quarterly Research & Development came in at $165.4 million in Q2 2026, up 109.95% YoY from $78.8 million in Q2 2025, and up 6.3% on a QoQ basis from $155.6 million in Q1 2026.
Pegasystems (PEGA) Research & Development (2010 - 2026) Analysis & Trends
Pegasystems (PEGA) has 17 years of Research & Development data on file, last reported at $165.4 million in 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 improved to $165.4 million in Q2 2026, from $155.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $403.6 million in Q4 2022 to a low of -$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 slumped 132.14%.
- Tracing PEGA's Research & Development over 5 years: stood at $403.6 million in 2022, then tumbled by 132.14% to -$129.7 million in 2023, then surged by 158.87% to $76.4 million in 2024, then increased by 5.86% to $80.9 million in 2025, then jumped by 104.57% to $165.4 million in 2026.
- The last three Research & Development figures came in at $165.4 million (Q2 2026), $155.6 million (Q1 2026), and $80.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Pegasystems | 5.31 Bn | 5.31 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 |