PEGA's Cloud Backlog Climbs: A Sign of Strong Revenue Visibility?

Key Takeaways PEGA's Cloud backlog rose 30% y/y to $1.32B, with total backlog at$ 1.84B.Annual Contract Value grew 16% to $1.514B, while Pega Cloud ACV jumped 28%.Cloud backlog to convert in 12 months climbed 28%, ensuring near-term revenue visibility.Pegasystems (PEGA) is riding on the momentum of its robust cloud business, signaling strong prospects for future revenues. In the second quarter of 2025, Pega Cloud backlog rose 30% year over year to about$ 1.32 billion, with total backlog reaching $1.84 billi ...