Pegasystems (PEGA) Research & Development (2010 - 2026)
Pegasystems' (PEGA) quarterly Research & Development came in at $165.4 million in Q2 2026, up 12.42% on a YoY basis from $147.1 million in Q2 2025, and up 6.3% quarter-over-quarter from $155.6 million in Q1 2026.
Analysis
Pegasystems (PEGA) Research & Development (2010 - 2026) Analysis & Trends
Pegasystems (PEGA) has reported Research & Development for 17 consecutive years, with $165.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 12.42% year-over-year to $165.4 million; the trailing twelve-month figure through Jun 2026 stood at $614.4 million (up 11.21% YoY), and the FY2025 full-year result was $578.6 million, up 8.2% from the prior year.
- Research & Development advanced to $165.4 million in Q2 2026 per PEGA's latest filing, from $155.6 million in the prior quarter.
- Across five years, Research & Development topped out at $165.4 million in Q2 2026 and bottomed at $127.7 million in Q3 2024.
- Historically, Research & Development has averaged $145.5 million across 5 years, with a median of $145.5 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Research & Development slipped 14.75% in 2024, then climbed 12.7% in 2026.
- Over 5 years, Research & Development stood at $151.8 million in 2022, then retreated by 11.8% to $133.9 million in 2023, then increased by 4.28% to $139.7 million in 2024, then advanced by 9.78% to $153.3 million in 2025, then advanced by 7.89% to $165.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $165.4 million, $155.6 million, and $153.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 146.07 Bn | 141.41 Bn | 2.82 Bn | 1.37 Bn |
| 2 | Broadridge Financial Solutions | 19.72 Bn | 19.32 Bn | 853.00 Mn | - |
| 3 | SS&C Technologies Holdings | 19.62 Bn | 19.26 Bn | 818.30 Mn | 160.50 Mn |
| 4 | UiPath | 6.93 Bn | 5.62 Bn | 341.45 Mn | 167.86 Mn |
| 5 | Pegasystems | 6.14 Bn | 6.14 Bn | 312.69 Mn | 165.41 Mn |
| 6 | Appian | 2.75 Bn | 2.59 Bn | 144.74 Mn | 70.11 Mn |
| 7 | Materialise | 440.64 Mn | 440.54 Mn | 46.23 Mn | -14.31 Mn |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | 65,656.00 |
| 9 | Gloo Holdings | 215.34 Mn | 200.70 Mn | 13.43 Mn | 9.63 Mn |
| 10 | Egain | 159.91 Mn | 76.85 Mn | 16.81 Mn | 7.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.41 Mn |
| Mar 31, 2026 | 155.60 Mn |
| Dec 31, 2025 | 153.31 Mn |
| Sep 30, 2025 | 140.13 Mn |
| Jun 30, 2025 | 147.13 Mn |
| Mar 31, 2025 | 138.07 Mn |
| Dec 31, 2024 | 139.66 Mn |
| Sep 30, 2024 | 127.67 Mn |
| Jun 30, 2024 | 139.76 Mn |
| Mar 31, 2024 | 127.70 Mn |
| Dec 31, 2023 | 133.92 Mn |
| Sep 30, 2023 | 131.60 Mn |
| Jun 30, 2023 | 143.86 Mn |
| Mar 31, 2023 | 149.80 Mn |
| Dec 31, 2022 | 151.84 Mn |
| Sep 30, 2022 | 153.52 Mn |
| Jun 30, 2022 | 157.20 Mn |
| Mar 31, 2022 | 162.24 Mn |
| Dec 31, 2021 | 168.25 Mn |
| Sep 30, 2021 | 152.48 Mn |