Intelligence Feed event · Equity · 2026-10-21

    Pegasystems misses Q3 revenue and EPS estimates on consulting contraction

    Question

    Pegasystems misses Q3 revenue and EPS estimates on consulting contraction

    Direct answer

    Enterprise automation software provider Pegasystems missed third-quarter financial estimates, reporting revenue of $393.36 million against consensus expectations of $429.02 million. Diluted EPS was $0.35, lagging the consensus forecast of $0.45 by 22.22%. While subscription services grew by 10.4% year-over-year, professional consulting service billings contracted, weighing heavily on total top-line delivery and operating leverage.

    Original publisher
    Market Ontology
    Evidence through
    2026-10-21
    Published
    2026-10-21
    Revision
    1 · 2026-10-21

    Cite as: Market Ontology, “Pegasystems misses Q3 revenue and EPS estimates on consulting contraction”, revision 1, evidence through 2026-10-21. https://marketontology.com/market-events/2026-10-21/pegasystems-misses-q3-revenue-and-eps-estimates-on-consulting-contraction-c839c7

    EQUITY
    Pegasystems misses Q3 revenue and EPS estimates on consulting contraction
    Enterprise automation software provider Pegasystems missed third-quarter financial estimates, reporting revenue of $393.36 million against consensus expectations of $429.02 million. Diluted EPS was $0.35, lagging the consensus forecast of $0.45 by 22.22%. While subscription services grew by 10.4% year-over-year, professional consulting service billings contracted, weighing heavily on total top-line delivery and operating leverage.
    PEGA
    Impact
    72
    YESTERDAY
    SIG
    89%
    PEGA
    Pegasystems misses Q3 revenue and EPS estimates on consulting contraction
    Enterprise automation software provider Pegasystems missed third-quarter financial estimates, reporting revenue of $393.36 million against consensus expectations of $429.02 million. Diluted EPS was $0.35, lagging the consensus forecast of $0.45 by 22.22%. While subscription services grew by 10.4% year-over-year, professional consulting service billings contracted, weighing heavily on total top-line delivery and operating leverage.
    → An 8.3% top-line miss and 22.2% EPS shortfall re-rates PEGA forward software multiples downward despite double-digit subscription growth.
    Impact
    Enterprise automation software provider Pegasystems missed third-quarter financial estimates, reporting revenue of $393.36 million against consensus expectations of $429.02 million. Diluted EPS was $0.35, lagging the consensus forecast of $0.45 by 22.22%. While subscription services grew by 10.4% year-over-year, professional consulting service billings contracted, weighing heavily on total top-line delivery and operating leverage.
    Affected
    PEGA
    Transmission
    An 8.3% top-line miss and 22.2% EPS shortfall re-rates PEGA forward software multiples downward despite double-digit subscription growth.

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    PEGAearnings multiple compression on consulting revenue contractionDown1-5dPegasystems Q3 revenue of $393.36M missed consensus by 8.31% and EPS of $0.35 missed by 22.22%.

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    What happened next

    Price follow-up pending — no stored daily closes for these assets yet.

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