PEGA Pegasystems margins

Relative Growth: Rel. Growth: 25

Relative Strength: Rel. Strength: 38

Relative Valuation: Rel. Valuation: 47

Relative Profitability: Rel. Profitability: 87

Gross margin

75.9%

Operating margin

9.9%

EBITDA margin

11.9%

Net margin

16.9%

Based on the latest figures, Pegasystems reports a gross margin of 75.9%, an operating margin of 9.9%, an EBITDA margin of 11.9%, and a net margin of 16.9%. Margin expansion was strongest in net margin, which gained by 0.9 percentage points. EBITDA margin had the strongest contraction, dropping by 8.9 percentage points.

PEGA margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Pegasystems recorded average margins of 74.99% gross, 11.13% operating, 14.45% EBITDA, and 12.73% net. Pegasystems's current performance shows that gross and net margins are above their three-year averages and operating and EBITDA margins are below their three-year averages.

PEGA margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in net margin, up 0.9 percentage points. Gross margin also expanded by 0.2 percentage points, while operating margin contracted by 7.5 percentage points and EBITDA margin by 8.9 percentage points.

Gross margin expansion

0.2pp

Operating margin expansion

-7.5pp

EBITDA margin expansion

-8.9pp

Net margin expansion

0.9pp

PEGA Gross margin

Over the last 3 years, Pegasystems's gross margin averaged 74.99%. The current gross margin of 75.9% is 0.9 percentage points above its three-year average. During this period, gross margin reached a high of 75.9% in Sep 2026 and a low of 73.6% in Dec 2023.

PEGA Operating margin

Looking back over the last 3 years, Pegasystems recorded an average operating margin of 11.13%. Pegasystems's current operating margin is 9.9% and is 1.2 percentage points below its three-year average. The highest operating margin for Pegasystems was 17.4% in Sep 2025, while the lowest was 5.7% in Dec 2023.

PEGA EBITDA margin

In the last 3 years, Pegasystems had an average EBITDA margin of 14.45%. Pegasystems's current EBITDA margin is 11.9% and is 2.6 percentage points below its three-year average. Looking back over the last 3 years, Pegasystems's EBITDA margin reached 20.8% at its highest point in Sep 2025 and 9.6% at its lowest in Dec 2023.

PEGA Net margin

Across the last 3 years, Pegasystems's net margin came to 12.73%. Right now, Pegasystems's current net margin is 16.9%, which is 4.2 percentage points above its three-year average. Net margin was highest at 22.5% in Dec 2025 and lowest at 4.7% in Dec 2023.

PEGA margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 75.9%, PEGA is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52.3%, Pegasystems's gross margin is 45% higher.

PEGA margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Pegasystems's gross margin?

The current gross margin for PEGA is 75.9% as of Sep 30, 2026.

What is Pegasystems's operating margin?

For the period ending Sep 30, 2026, PEGA recorded an operating margin of 9.9%.

What is Pegasystems's EBITDA margin?

As of Sep 30, 2026, PEGA has an EBITDA margin of 11.9%.

What is Pegasystems's net margin?

The current net margin for PEGA is 16.9% as of Sep 30, 2026.

What are the average margins of PEGA?

Looking back over 3 years, PEGA recorded average margins of 75.0% gross, 11.1% operating, 14.5% EBITDA, and 12.7% net.

What are the highest historical margins of PEGA?

Over the last 5 years, Pegasystems's highest margins were 75.9% gross in Sep 2026, 17.4% operating in Sep 2025, 20.8% EBITDA in Sep 2025, and 22.5% net in Dec 2025.

What are the lowest historical margins of PEGA?

Looking back across 5 years, PEGA reached its lowest margins at 70.1% gross in Mar 2023, -14.2% operating in Sep 2022, -17.5% EBITDA in Sep 2022, and -33.7% net in Sep 2022.