Pegasystems Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	277.95	99.19	67.81	-345.58	-63.04	-61.37
Depreciation & Amortization	26.79	35.43	34.66	34.72	28.59	21.35
Other Amortization	65.62	62.27	59.46	53.47	41.39	33.3
Loss (Gain) From Sale of Investments	-25.57	-16.13	-14.14	-4.61	-0.09	-
Stock-Based Compensation	155.7	142.72	143.35	122.21	115.95	103.07
Other Operating Activities	7.25	3.3	4.66	226.48	-24.15	-63.92
Change in Accounts Receivable	79.03	79.03	-57.6	-51.16	-11.96	-32.32
Change in Unearned Revenue	48.36	48.36	45.12	62.58	41.28	43.66
Change in Other Net Operating Assets	-193.11	-108.24	-65.53	-75.77	-88.85	-44.33
Operating Cash Flow	442.03	345.93	217.79	22.34	39.12	-0.56
Operating Cash Flow Growth	33.72%	58.84%	875.04%	-42.90%	-	-
Capital Expenditures	-11.28	-7.71	-16.78	-35.38	-10.46	-25.37
Cash Acquisitions	-	-	-	-0.92	-4.99	-
Investment in Securities	239.6	-194.86	-33.97	49.38	87.95	-296.31
Investing Cash Flow	228.32	-202.58	-50.75	13.08	72.5	-321.68
Long-Term Debt Issued	-	-	-	-	-	600
Total Debt Issued	-	-	-	-	-	600
Long-Term Debt Repaid	-	-33.89	-88.99	-	-	-
Total Debt Repaid	-501.75	-33.89	-88.99	-	-	-
Net Debt Issued (Repaid)	-501.75	-33.89	-88.99	-	-	600
Issuance of Common Stock	167.66	87.36	18.57	9.17	10.55	3.04
Repurchase of Common Stock	-466.59	-73.49	-1.92	-46.33	-122.64	-103.54
Common Dividends Paid	-12.88	-10.2	-9.96	-9.83	-9.76	-9.63
Other Financing Activities	0.01	0.01	0.34	-	-	-66.43
Financing Cash Flow	-813.55	-30.21	-81.96	-46.99	-121.84	423.45
Foreign Exchange Rate Adjustments	-2.05	-4.43	2.7	-3.33	-1.71	2.33
Net Cash Flow	-145.26	108.7	87.77	-14.91	-11.93	103.54
Free Cash Flow	430.75	338.21	201	-13.04	28.66	-25.93
Free Cash Flow Growth	33.30%	68.26%	-	-	-	-
Free Cash Flow Margin	24.87%	22.59%	14.03%	-0.99%	2.37%	-2.55%
Free Cash Flow Per Share	2.26	1.89	1.18	-0.08	0.18	-0.16
Cash Interest Paid	1.8	3.81	4.13	4.5	4.5	2.34
Cash Income Tax Paid	58.06	82.32	11.66	7.65	-4.55	3.38
Levered Free Cash Flow	454.66	382.87	262.24	89.09	182.42	35.58
Unlevered Free Cash Flow	456.51	387.15	266.54	93.96	187.39	47.67
Change in Working Capital	-65.72	19.16	-78.01	-64.35	-59.53	-32.99

Source: S&P Global Market Intelligence. Standard template. Financial Sources.