PEGA(PEGA) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Year-to-Date Free Cash Flow reached $338 million[22] - ACV Growth was 14%[22] - Pega Cloud ACV Growth achieved 27%[22] - Total Backlog increased by 19% to $1755 million, with Current Backlog growing by 15% and Long-term Backlog by 23%[83, 84] - Net ACV Add for 2025 is $147 million, a 52% increase over 2024[77] Market Opportunity and Growth Strategy - The company is targeting a $150 billion+ market opportunity by FY29[27, 57] - Total ACV grew from $1360 million to $1557 million, a 14% increase[61, 72, 75] - Pega Cloud ACV grew from $641 million to $815 million, a 27% increase[72, 75] Pega Cloud - Pega Cloud gross margin has improved over time, reaching 78% in the Trailing 12 Months[87]