Key Takeaways PEGA Q1 earnings and revenue miss estimates, with both declining sharply year over year. Pegasystems saw strong Pega Cloud growth, with revenue up 36% and ACV rising 29% year over year. PEGA backlog and total ACV grew, despite margin pressure and higher expenses.Pegasystems (PEGA) reported first-quarter fiscal 2026 non-GAAP earnings of 46 cents per share, missing the Zacks Consensus Estimate by 39.5%. Earnings also declined 39.5% year over year.Revenues were $430 million, down 9.6% year over y ...