← PEGASYSTEMS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $27.0m | $32.9m | $10.6m | ($90.4m) | ($61.4m) | ($63.0m) | ($345.6m) | $67.8m | $99.2m | $393.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $27.0m | $32.9m | $10.6m | ($90.4m) | ($61.4m) | ($63.0m) | ($345.6m) | $67.8m | $99.2m | $393.4m | |
| Depreciation, Depletion and Amortization | $24.1m | $24.7m | $25.3m | $21.4m | $21.3m | $28.6m | $18.8m | $18.7m | $17.6m | $13.7m | |
| Amortization of Deferred Charges | — | — | $17.3m | $29.2m | $33.3m | $41.4m | $53.5m | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | $14.8m | $3.0m | — | — | — | — | |
| Amortization of Intangible Assets | $13.4m | $12.3m | $11.4m | $6.6m | $4.0m | $4.0m | $4.1m | $3.9m | $3.2m | $2.6m | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Depreciation | $11.2m | $12.4m | $13.9m | $14.8m | $17.4m | $24.6m | $14.7m | $14.8m | $14.4m | $11.1m | |
| Deferred Income Tax Expense (Benefit) | ($5.8m) | $13.8m | ($30.9m) | ($49.3m) | ($59.8m) | ($75.3m) | $168.9m | $363k | ($1.5m) | ($170.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $40.8m | $53.3m | $63.9m | $80.9m | $103.1m | $115.9m | $122.2m | $143.4m | $142.7m | $155.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $16.2m | $40.6m | $37.6m | $42.6m | $72.5m | $69.9m | $20.6m | $1.9m | $5.4m | $17.5m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | $7.9m | $459k | $0 | |
| Income Tax Expense (Benefit) | $8.2m | $4.2m | ($22.2m) | ($44.4m) | ($63.5m) | ($68.9m) | $183.8m | $27.6m | $43.4m | ($112.8m) | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $6.8m | $1.3m | |
| Operating Lease, Expense | — | — | — | $14.5m | $16.2m | $13.3m | $15.9m | — | $17.8m | $12.2m | |
| Other Nonoperating Income (Expense) | ($5.6m) | ($1.4m) | $363k | $559k | $1.4m | $89k | $6.6m | $18.7m | $1.4m | $20.3m | |
| Changes in operating assets and liabilities: | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $56.7m | ($23.8m) | ($25.8m) | ($1.1m) | $32.3m | $12.0m | $51.2m | $57.6m | ($79.0m) | ($19.2m) | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | — | $10.8m | $80.7m | $158.4m | |
| Purchases of property and equipment, accrued but unpaid | $19.1m | $13.7m | $11.9m | $10.6m | $25.4m | $10.5m | $35.4m | $16.8m | $7.7m | $14.5m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $2.2m | ($900k) | $2.4m | ($2.3m) | $3.7m | ($6.5m) | $4.6m | ($5.2m) | ($912k) | ($14.9m) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $10.8m | $869k | $20.5m | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | $18.0m | — | — | — | — | |
| General and Administrative Expense | $46.0m | $52.2m | $51.6m | $56.6m | $67.5m | $83.5m | $117.7m | $96.7m | $112.8m | $148.7m | |
| Goodwill | $73.2m | $73.0m | $72.9m | $79.0m | $79.2m | $81.9m | $81.4m | $81.6m | $81.1m | $81.5m | |
| Operating Expenses | $473.3m | $522.2m | $606.8m | $736.2m | $850.1m | $970.0m | $1.1b | $973.2m | $982.6m | $1.1b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $891.6m | — | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | ($5.6m) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | $31.7m | ($23.6m) | ($57.4m) | ($1.3m) | ($663k) | ($223k) | |
| Net Cash Provided by (Used in) Operating Activities | $39.9m | $158.2m | $104.4m | ($42.2m) | ($563k) | $39.1m | $22.3m | $217.8m | $345.9m | $505.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $19.1m | $13.7m | $11.9m | $10.6m | $25.4m | $10.5m | $35.4m | $16.8m | $7.7m | $14.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $49.1m | $297k | $800k | $10.9m | $0 | $5.0m | $922k | $0 | $0 | — | |
| Payments to Acquire Investments | — | $27.7m | $69.5m | $11.4m | $326.5m | $79.1m | $41.0m | $287.3m | $559.4m | $348.6m | |
| Net Cash Provided by (Used in) Investing Activities | ($7.2m) | ($14.8m) | ($48.2m) | $70.1m | ($321.7m) | $72.5m | $13.1m | ($50.8m) | ($202.6m) | $197.2m | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $22.8m | $27.0m | $34.0m | $13.6m | $28.8m | $106.0m | $66.6m | $242.6m | $364.5m | $379.0m | |
| Payments for Repurchase of Common Stock | $27.2m | $4.3m | $54.4m | $22.1m | $28.0m | $52.7m | $25.7m | $0 | $68.1m | $499.7m | |
| Payments of Ordinary Dividends, Common Stock | $9.2m | $9.3m | $9.4m | $9.5m | $9.6m | $9.8m | $9.8m | $10.0m | $10.2m | $15.4m | |
| Dividends Payable, Current | $2.3m | $2.3m | $2.4m | $2.4m | $2.4m | $2.5m | $2.5m | $2.5m | $2.6m | $5.1m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | $341k | $7k | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($51.7m) | ($54.2m) | ($101.5m) | ($74.3m) | $423.4m | ($121.8m) | ($47.0m) | ($82.0m) | ($30.2m) | ($834.6m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($2.6m) | $290k | $2.3m | ($1.7m) | ($3.3m) | $2.7m | ($4.4m) | $7.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($2.6m) | ($46.1m) | $103.5m | ($11.9m) | ($14.9m) | $87.8m | $108.7m | ($125.2m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($2.6m) | $68.4m | $171.9m | $160.0m | $145.1m | $232.8m | $341.5m | $216.4m | |
| Cash, Cash Equivalents, and Short-term Investments | $133.8m | $223.7m | $207.4m | $68.4m | $465.2m | $362.8m | $297.2m | $423.3m | $740.0m | $425.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $0 | $0 | $2.3m | $4.5m | $4.5m | $4.1m | $3.8m | $1.8m | |
| Income Taxes Paid, Net | $28.8m | ($2.3m) | $6.6m | $4.7m | $3.4m | ($4.6m) | $7.6m | $11.7m | $82.3m | $21.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.