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Pegasystems (Pegasystems) Gross Profit : $1,062 Mil (TTM As of Mar. 2024)


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What is Pegasystems Gross Profit?

Pegasystems's gross profit for the three months ended in Mar. 2024 was $235 Mil. Pegasystems's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,062 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pegasystems's gross profit for the three months ended in Mar. 2024 was $235 Mil. Pegasystems's Revenue for the three months ended in Mar. 2024 was $330 Mil. Therefore, Pegasystems's Gross Margin % for the quarter that ended in Mar. 2024 was 71.33%.

Pegasystems had a gross margin of 71.33% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pegasystems was 73.90%. The lowest was 65.98%. And the median was 68.68%.


Pegasystems Gross Profit Historical Data

The historical data trend for Pegasystems's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pegasystems Gross Profit Chart

Pegasystems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 601.36 706.60 875.29 949.21 1,054.13

Pegasystems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 227.54 202.13 240.88 383.59 235.49

Competitive Comparison of Pegasystems's Gross Profit

For the Software - Application subindustry, Pegasystems's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pegasystems's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Pegasystems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pegasystems's Gross Profit falls into.



Pegasystems Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Pegasystems's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1432.616 - 378.483
=1,054

Pegasystems's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=330.147 - 94.658
=235

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,062 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Pegasystems's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=235 / 330.147
=71.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Pegasystems  (NAS:PEGA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pegasystems had a gross margin of 71.33% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Pegasystems Gross Profit Related Terms

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Pegasystems (Pegasystems) Business Description

Traded in Other Exchanges
Address
One Main Street, Cambridge, MA, USA, 02142
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare verticals.
Executives
Efstathios A Kouninis officer: VP of Finance & CAO 26 GRANDVIEW DRIVE, DOVER NH 03820
Rifat Kerim Akgonul officer: Chief Product Officer ONE ROGERS STREET, CAMBRIDGE MA 02142
Leon Trefler officer: SVP, Global Customer Success 1 MAIN STREET, CAMBRIDGE MA 02142
Kenneth Stillwell officer: CFO, SVP ONE ROGERS STREET, CAMBRDIGE MA 02142
Richard H Jones director C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142
John Gerard Higgins officer: Chief, Client &Partner Success C/O PEGASYSTEMS INC., 1 MAIN STREET, CAMBRIDGE MA 02142
Michael R Pyle officer: Senior VP, Engineering C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIGE MA 02142
Christopher Lafond director 56 TOP GALLANT RD, STAMFORD CT 06904
Sharon T Rowlands director 195 BROADWAY, NEW YORK NY 10007
Dianne Ledingham director ONE ROGERS STREET, CAMBRIDGE MA 02142
Larry Weber director C/O MIVA, INC., 5220 SUMMERLIN COMMONS BLVD., SUITE 500, FORT MYERS FL 33907
Douglas I Kra officer: SVP, Global Customer Success 101 MAIN STREET, C/O PEGASYSTEMS INC., CAMBRIDGE MA 02142
Hayden Stafford officer: President ONE ROGERS STREET, CAMBRIDGE MA 02142
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Alan Trefler 10 percent owner, officer: C.E.O. & Chairman C/O PEGASYSTEMS INC, 101 MAIN STREET, CAMBRIDGE MA 02142