Pegasystems (PEGA) Q1 FY26 earnings call

Pegasystems emphasized its strategic AI approach, focusing on governed, design-time AI to ensure predictability and cost-effectiveness, contrasting with expensive run-time LLM reasoning. The Blueprint platform is significantly enhancing new logo acquisition and accelerating time-to-value, driving strong Pega Cloud ACV growth. Despite Q1 being a challenging comparison and facing macroeconomic headwinds, the company anticipates a back-end loaded year, with momentum building in the second half.