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REVENUE (Tables)
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of revenue by geographic location
Geographic revenue
Three Months Ended
March 31,
(Dollars in thousands)
20212020
U.S.$194,568 62 %$172,417 65 %
Other Americas11,901 %15,342 %
United Kingdom (“U.K.”)28,212 %21,837 %
Europe (excluding U.K.), Middle East, and Africa 51,659 16 %31,938 12 %
Asia-Pacific27,159 %24,057 %
$313,499 100 %$265,591 100 %
Schedule of revenue streams
Revenue streams
Three Months Ended
March 31,
(in thousands)
20212020
Perpetual license$5,452 $3,659 
Term license111,509 90,257 
Revenue recognized at a point in time 116,961 93,916 
Maintenance75,561 73,695 
Pega Cloud67,858 43,466 
Consulting53,119 54,514 
Revenue recognized over time 196,538 171,675 
$313,499 $265,591 
(in thousands)Three Months Ended
March 31,
20212020
Pega Cloud$67,858 $43,466 
Maintenance75,561 73,695 
Term license111,509 90,257 
Subscription (1)
254,928 207,418 
Perpetual license5,452 3,659 
Consulting53,119 54,514 
$313,499 $265,591 
(1) Reflects client arrangements subject to renewal (Pega Cloud, maintenance, and term license).
Revenue for remaining performance obligations expected to be recognized
March 31, 2021
(Dollars in thousands)
Perpetual licenseTerm licenseMaintenancePega CloudConsultingTotal
1 year or less$9,649 $41,025 $220,100 $252,104 $21,068 $543,946 55 %
1-2 years629 9,874 52,366 187,456 914 251,239 26 %
2-3 years— 7,055 33,337 91,861 1,756 134,009 14 %
Greater than 3 years— 377 16,834 32,895 510 50,616 %
$10,278 $58,331 $322,637 $564,316 $24,248 $979,810 100 %

March 31, 2020
(Dollars in thousands)
Perpetual licenseTerm licenseMaintenancePega CloudConsultingTotal
1 year or less$3,995 $30,962 $205,083 $174,277 $18,945 $433,262 58 %
1-2 years2,168 5,088 34,633 125,473 1,215 168,577 22 %
2-3 years— 6,504 19,411 81,187 107 107,209 14 %
Greater than 3 years— 635 10,596 33,537 10 44,778 %
$6,163 $43,189 $269,723 $414,474 $20,277 $753,826 100 %