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Pegasystems (Pegasystems) Retained Earnings : $-21 Mil (As of Mar. 2024)


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What is Pegasystems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pegasystems's retained earnings for the quarter that ended in Mar. 2024 was $-21 Mil.

Pegasystems's quarterly retained earnings increased from Sep. 2023 ($-151 Mil) to Dec. 2023 ($-9 Mil) but then declined from Dec. 2023 ($-9 Mil) to Mar. 2024 ($-21 Mil).

Pegasystems's annual retained earnings declined from Dec. 2021 ($276 Mil) to Dec. 2022 ($-77 Mil) but then increased from Dec. 2022 ($-77 Mil) to Dec. 2023 ($-9 Mil).


Pegasystems Retained Earnings Historical Data

The historical data trend for Pegasystems's Retained Earnings 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 Retained Earnings Chart

Pegasystems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 410.92 339.88 276.45 -76.51 -8.71

Pegasystems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 -97.29 -144.09 -151.37 -8.71 -20.83

Pegasystems Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Pegasystems  (NAS:PEGA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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