XML 41 R24.htm IDEA: XBRL DOCUMENT v3.20.2
REVENUE (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Geographic Location
Geographic revenue
Three Months Ended
June 30,
Six Months Ended
June 30,
(Dollars in thousands)
2020201920202019
U.S.$142,811  63 %$119,682  59 %$315,228  63 %$223,673  54 %
Other Americas8,930  %8,873  %24,272  %37,702  %
United Kingdom (“U.K.”)21,259  %16,686  %43,096  %41,235  10 %
Europe (excluding U.K.), Middle East, and Africa 34,878  15 %33,395  16 %66,816  14 %67,581  16 %
Asia-Pacific19,497  %26,956  13 %43,554  %47,947  11 %
$227,375  100 %$205,592  100 %$492,966  100 %$418,138  100 %
Schedule of Revenue Streams
Revenue streams
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)
2020201920202019
Perpetual license$9,057  $19,320  $12,716  $34,270  
Term license44,266  24,954  134,523  73,268  
Revenue recognized at a point in time 53,323  44,274  147,239  107,538  
Maintenance72,222  69,329  145,917  137,035  
Pega Cloud48,838  31,699  92,304  59,457  
Consulting52,992  60,290  107,506  114,108  
Revenue recognized over time 174,052  161,318  345,727  310,600  
$227,375  $205,592  $492,966  $418,138  

(in thousands)Three Months Ended
June 30,
Six Months Ended
June 30,
2020201920202019
Term license$44,266  $24,954  $134,523  $73,268  
Pega Cloud48,838  31,699  92,304  59,457  
Maintenance72,222  69,329  145,917  137,035  
Subscription (1)
165,326  125,982  372,744  269,760  
Perpetual license9,057  19,320  12,716  34,270  
Consulting52,992  60,290  107,506  114,108  
$227,375  $205,592  $492,966  $418,138  
(1) Reflects client arrangements (term license, Pega Cloud, and maintenance) that are subject to renewal.
Revenue for Remaining Performance Obligations Expected to be Recognized
June 30, 2020
(Dollars in thousands)
Perpetual licenseTerm licenseMaintenancePega CloudConsultingTotal
1 year or less$8,120  $53,550  $186,618  $191,187  $21,923  $461,398  57 %
1-2 years1,700  6,187  40,153  140,860  1,986  190,886  23 %
2-3 years—  6,460  20,671  88,273  631  116,035  14 %
Greater than 3 years—  646  10,517  37,071  626  48,860  %
$9,820  $66,843  $257,959  $457,391  $25,166  $817,179  100 %

June 30, 2019
(Dollars in thousands)
Perpetual licenseTerm licenseMaintenancePega CloudConsultingTotal
1 year or less$8,429  $38,080  $173,421  $124,134  $16,259  $360,323  57 %
1-2 years915  4,678  12,530  98,842  942  117,907  19 %
2-3 years1,306  641  5,801  75,828  227  83,803  13 %
Greater than 3 years—  185  2,812  63,259  —  66,256  11 %
$10,650  $43,584  $194,564  $362,063  $17,428  $628,289  100 %