Pegasystems outlines $700M+ 2028 free cash flow target while highlighting no per token costs for ai agents

Seeking Alpha ·

Earnings Call Insights: Pegasystems (PEGA) Q2 2026 Alan Trefler framed the quarter around what he called a market reset in AI economics, saying, "what was once available for free or for all-you-can-eat licensing is priced now by token use with

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Pegasystems (PEGA) aims for over $700 million free cash flow by 2028 and emphasizes no token cost for AI agents, sparking attention on market reset of AI economics.

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