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Side-by-side financial comparison of ALBANY INTERNATIONAL CORP (AIN) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.
PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $321.2M, roughly 1.3× ALBANY INTERNATIONAL CORP). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 4.3%, a 3.3% gap on every dollar of revenue. On growth, ALBANY INTERNATIONAL CORP posted the faster year-over-year revenue change (12.0% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $51.4M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 1.2%).
Albany International Corp is a global advanced materials and industrial technology company. It operates two core segments: Machine Clothing producing custom engineered fabrics for paper and other industrial manufacturing processes, and Engineered Composites developing high-performance composite components primarily for the aerospace and defense sectors, serving customers across North America, Europe, Asia and other global regions.
Pegasystems Inc. (Pega) is a global software company based in Waltham, Massachusetts, in the United States, and founded in 1983. The company has been publicly traded since 1996 as PEGA (NASDAQ). Pega is a low-code platform for workflow automation and generative AI-powered decision-making for businesses.
AIN vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $321.2M | $430.0M |
| Net Profit | $13.9M | $32.8M |
| Gross Margin | 31.1% | 75.2% |
| Operating Margin | 9.3% | 8.6% |
| Net Margin | 4.3% | 7.6% |
| Revenue YoY | 12.0% | -9.6% |
| Net Profit YoY | -21.5% | — |
| EPS (diluted) | $0.56 | $0.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $430.0M | ||
| Q4 25 | $321.2M | $504.3M | ||
| Q3 25 | $261.4M | $381.4M | ||
| Q2 25 | $311.4M | $384.5M | ||
| Q1 25 | $288.8M | $475.6M | ||
| Q4 24 | $286.9M | $490.8M | ||
| Q3 24 | $298.4M | $325.1M | ||
| Q2 24 | $332.0M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $13.9M | $234.6M | ||
| Q3 25 | $-97.8M | $43.4M | ||
| Q2 25 | $9.2M | $30.1M | ||
| Q1 25 | $17.4M | $85.4M | ||
| Q4 24 | $17.7M | $119.1M | ||
| Q3 24 | $18.0M | $-14.4M | ||
| Q2 24 | $24.6M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | 31.1% | 79.5% | ||
| Q3 25 | -19.1% | 72.2% | ||
| Q2 25 | 31.3% | 71.5% | ||
| Q1 25 | 33.4% | 78.5% | ||
| Q4 24 | 31.5% | 79.1% | ||
| Q3 24 | 30.3% | 70.2% | ||
| Q2 24 | 33.9% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | 9.3% | 20.7% | ||
| Q3 25 | -44.6% | 3.8% | ||
| Q2 25 | 7.2% | 4.5% | ||
| Q1 25 | 9.8% | 26.7% | ||
| Q4 24 | 8.5% | 29.1% | ||
| Q3 24 | 8.4% | -3.6% | ||
| Q2 24 | 12.9% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 4.3% | 46.5% | ||
| Q3 25 | -37.4% | 11.4% | ||
| Q2 25 | 2.9% | 7.8% | ||
| Q1 25 | 6.0% | 18.0% | ||
| Q4 24 | 6.2% | 24.3% | ||
| Q3 24 | 6.0% | -4.4% | ||
| Q2 24 | 7.4% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.56 | $0.81 | ||
| Q3 25 | $-3.37 | $0.24 | ||
| Q2 25 | $0.31 | $0.17 | ||
| Q1 25 | $0.56 | $0.91 | ||
| Q4 24 | $0.57 | $1.35 | ||
| Q3 24 | $0.57 | $-0.17 | ||
| Q2 24 | $0.79 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $112.3M | $270.0M |
| Total DebtLower is stronger | $455.7M | — |
| Stockholders' EquityBook value | $726.2M | $705.9M |
| Total Assets | $1.7B | $1.6B |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $112.3M | $425.8M | ||
| Q3 25 | $108.3M | $351.4M | ||
| Q2 25 | $106.7M | $411.6M | ||
| Q1 25 | $119.4M | $371.7M | ||
| Q4 24 | $115.3M | $740.0M | ||
| Q3 24 | $127.2M | $703.0M | ||
| Q2 24 | $116.4M | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | $455.7M | — | ||
| Q3 25 | $480.6M | — | ||
| Q2 25 | $444.7M | — | ||
| Q1 25 | $416.4M | — | ||
| Q4 24 | $318.5M | — | ||
| Q3 24 | $362.2M | — | ||
| Q2 24 | $377.1M | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $726.2M | $787.4M | ||
| Q3 25 | $739.3M | $596.8M | ||
| Q2 25 | $888.6M | $624.5M | ||
| Q1 25 | $900.0M | $611.3M | ||
| Q4 24 | $943.5M | $585.5M | ||
| Q3 24 | $991.0M | $473.0M | ||
| Q2 24 | $967.5M | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.7B | $1.3B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.8B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 0.34× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.39× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $73.7M | — |
| Free Cash FlowOCF − Capex | $51.4M | $206.5M |
| FCF MarginFCF / Revenue | 16.0% | 48.0% |
| Capex IntensityCapex / Revenue | 6.9% | — |
| Cash ConversionOCF / Net Profit | 5.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $82.6M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $73.7M | $158.4M | ||
| Q3 25 | $43.9M | $56.3M | ||
| Q2 25 | $32.7M | $86.3M | ||
| Q1 25 | $2.1M | $204.2M | ||
| Q4 24 | $78.5M | $95.2M | ||
| Q3 24 | $47.0M | $30.5M | ||
| Q2 24 | $83.4M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $51.4M | $152.4M | ||
| Q3 25 | $25.9M | $51.8M | ||
| Q2 25 | $18.8M | $84.1M | ||
| Q1 25 | $-13.5M | $202.3M | ||
| Q4 24 | $60.2M | $92.4M | ||
| Q3 24 | $31.6M | $27.4M | ||
| Q2 24 | $63.6M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | 16.0% | 30.2% | ||
| Q3 25 | 9.9% | 13.6% | ||
| Q2 25 | 6.0% | 21.9% | ||
| Q1 25 | -4.7% | 42.5% | ||
| Q4 24 | 21.0% | 18.8% | ||
| Q3 24 | 10.6% | 8.4% | ||
| Q2 24 | 19.2% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | 1.2% | ||
| Q3 25 | 6.9% | 1.2% | ||
| Q2 25 | 4.5% | 0.6% | ||
| Q1 25 | 5.4% | 0.4% | ||
| Q4 24 | 6.4% | 0.6% | ||
| Q3 24 | 5.2% | 0.9% | ||
| Q2 24 | 6.0% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 5.31× | 0.68× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | 3.56× | 2.87× | ||
| Q1 25 | 0.12× | 2.39× | ||
| Q4 24 | 4.44× | 0.80× | ||
| Q3 24 | 2.61× | — | ||
| Q2 24 | 3.39× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIN
| Transferred At Point In Time | $176.5M | 55% |
| Engineered Composites Other | $99.3M | 31% |
| Engineered Composites ASC | $44.5M | 14% |
| Transferred Over Time | $1.0M | 0% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |