# PEGASYSTEMS INC (PEGA) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from PEGASYSTEMS INC's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/PEGA/mda/fy2025/): filed 2026-02-10; accession 0001013857-26-000017 (https://www.sec.gov/Archives/edgar/data/1013857/000101385726000017/pega-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/PEGA/mda/fy2024/): filed 2025-02-12; accession 0001013857-25-000024 (https://www.sec.gov/Archives/edgar/data/1013857/000101385725000024/pega-20241231.htm)
- [FY 2023 MD&A](/company/PEGA/mda/fy2023/): filed 2024-02-14; accession 0001013857-24-000012 (https://www.sec.gov/Archives/edgar/data/1013857/000101385724000012/pega-20231231.htm)
- [FY 2022 MD&A](/company/PEGA/mda/fy2022/): filed 2023-02-15; accession 0001013857-23-000020 (https://www.sec.gov/Archives/edgar/data/1013857/000101385723000020/pega-20221231.htm)
- [FY 2021 MD&A](/company/PEGA/mda/fy2021/): filed 2022-02-16; accession 0001013857-22-000042 (https://www.sec.gov/Archives/edgar/data/1013857/000101385722000042/pega-20211231.htm)

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