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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.

Allegiant Travel CO is the larger business by last-quarter revenue ($732.4M vs $430.0M, roughly 1.7× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 5.8%, a 1.8% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (4.8% vs -9.6%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (11.0% CAGR vs 10.7%).

Allegiant Air, styled as allegiant, is an American low-cost airline headquartered in Las Vegas, Nevada. The airline focuses on serving leisure traffic from small and medium-sized cities which it considers to be underserved, using an ultra low-cost business model with minimal inclusions in fares and a greater number of add-on fees.

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.

ALGT vs PEGA — Head-to-Head

Bigger by revenue
ALGT
ALGT
1.7× larger
ALGT
$732.4M
$430.0M
PEGA
Growing faster (revenue YoY)
ALGT
ALGT
+14.4% gap
ALGT
4.8%
-9.6%
PEGA
Higher net margin
PEGA
PEGA
1.8% more per $
PEGA
7.6%
5.8%
ALGT
Faster 2-yr revenue CAGR
ALGT
ALGT
Annualised
ALGT
11.0%
10.7%
PEGA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALGT
ALGT
PEGA
PEGA
Revenue
$732.4M
$430.0M
Net Profit
$42.5M
$32.8M
Gross Margin
75.2%
Operating Margin
11.1%
8.6%
Net Margin
5.8%
7.6%
Revenue YoY
4.8%
-9.6%
Net Profit YoY
32.4%
EPS (diluted)
$2.30
$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.

Revenue
ALGT
ALGT
PEGA
PEGA
Q1 26
$732.4M
$430.0M
Q4 25
$595.5M
$504.3M
Q3 25
$494.1M
$381.4M
Q2 25
$617.9M
$384.5M
Q1 25
$616.8M
$475.6M
Q4 24
$553.6M
$490.8M
Q3 24
$489.0M
$325.1M
Q2 24
$594.5M
$351.2M
Net Profit
ALGT
ALGT
PEGA
PEGA
Q1 26
$42.5M
$32.8M
Q4 25
$31.9M
$234.6M
Q3 25
$-43.6M
$43.4M
Q2 25
$-65.2M
$30.1M
Q1 25
$32.1M
$85.4M
Q4 24
$-216.2M
$119.1M
Q3 24
$-36.8M
$-14.4M
Q2 24
$13.7M
$6.6M
Gross Margin
ALGT
ALGT
PEGA
PEGA
Q1 26
75.2%
Q4 25
79.5%
Q3 25
72.2%
Q2 25
71.5%
Q1 25
78.5%
Q4 24
79.1%
Q3 24
70.2%
Q2 24
72.4%
Operating Margin
ALGT
ALGT
PEGA
PEGA
Q1 26
11.1%
8.6%
Q4 25
11.2%
20.7%
Q3 25
-5.5%
3.8%
Q2 25
-10.9%
4.5%
Q1 25
10.5%
26.7%
Q4 24
-47.7%
29.1%
Q3 24
-5.4%
-3.6%
Q2 24
5.9%
3.7%
Net Margin
ALGT
ALGT
PEGA
PEGA
Q1 26
5.8%
7.6%
Q4 25
5.4%
46.5%
Q3 25
-8.8%
11.4%
Q2 25
-10.5%
7.8%
Q1 25
5.2%
18.0%
Q4 24
-39.1%
24.3%
Q3 24
-7.5%
-4.4%
Q2 24
2.3%
1.9%
EPS (diluted)
ALGT
ALGT
PEGA
PEGA
Q1 26
$2.30
$0.18
Q4 25
$1.82
$0.81
Q3 25
$-2.41
$0.24
Q2 25
$-3.62
$0.17
Q1 25
$1.73
$0.91
Q4 24
$-12.12
$1.35
Q3 24
$-2.05
$-0.17
Q2 24
$0.75
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALGT
ALGT
PEGA
PEGA
Cash + ST InvestmentsLiquidity on hand
$902.1M
$270.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$705.9M
Total Assets
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGT
ALGT
PEGA
PEGA
Q1 26
$902.1M
$270.0M
Q4 25
$805.7M
$425.8M
Q3 25
$956.7M
$351.4M
Q2 25
$842.8M
$411.6M
Q1 25
$878.6M
$371.7M
Q4 24
$781.1M
$740.0M
Q3 24
$759.3M
$703.0M
Q2 24
$791.9M
$665.1M
Total Debt
ALGT
ALGT
PEGA
PEGA
Q1 26
Q4 25
$1.7B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.7B
Q4 24
$1.6B
Q3 24
$1.8B
Q2 24
$1.7B
Stockholders' Equity
ALGT
ALGT
PEGA
PEGA
Q1 26
$705.9M
Q4 25
$1.1B
$787.4M
Q3 25
$1.0B
$596.8M
Q2 25
$1.1B
$624.5M
Q1 25
$1.1B
$611.3M
Q4 24
$1.1B
$585.5M
Q3 24
$1.3B
$473.0M
Q2 24
$1.3B
$435.4M
Total Assets
ALGT
ALGT
PEGA
PEGA
Q1 26
$1.6B
Q4 25
$4.2B
$1.6B
Q3 25
$4.4B
$1.3B
Q2 25
$4.4B
$1.3B
Q1 25
$4.5B
$1.3B
Q4 24
$4.4B
$1.8B
Q3 24
$4.8B
$1.6B
Q2 24
$4.9B
$1.5B
Debt / Equity
ALGT
ALGT
PEGA
PEGA
Q1 26
Q4 25
1.60×
Q3 25
1.76×
Q2 25
1.68×
Q1 25
1.57×
Q4 24
1.48×
Q3 24
1.36×
Q2 24
1.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALGT
ALGT
PEGA
PEGA
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$206.5M
FCF MarginFCF / Revenue
48.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$494.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALGT
ALGT
PEGA
PEGA
Q1 26
Q4 25
$112.2M
$158.4M
Q3 25
$-6.1M
$56.3M
Q2 25
$92.2M
$86.3M
Q1 25
$191.4M
$204.2M
Q4 24
$84.4M
$95.2M
Q3 24
$17.3M
$30.5M
Q2 24
$68.9M
$40.1M
Free Cash Flow
ALGT
ALGT
PEGA
PEGA
Q1 26
$206.5M
Q4 25
$90.4M
$152.4M
Q3 25
$-121.7M
$51.8M
Q2 25
$-10.5M
$84.1M
Q1 25
$116.9M
$202.3M
Q4 24
$24.0M
$92.4M
Q3 24
$-28.7M
$27.4M
Q2 24
$7.0M
$38.8M
FCF Margin
ALGT
ALGT
PEGA
PEGA
Q1 26
48.0%
Q4 25
15.2%
30.2%
Q3 25
-24.6%
13.6%
Q2 25
-1.7%
21.9%
Q1 25
19.0%
42.5%
Q4 24
4.3%
18.8%
Q3 24
-5.9%
8.4%
Q2 24
1.2%
11.1%
Capex Intensity
ALGT
ALGT
PEGA
PEGA
Q1 26
Q4 25
3.7%
1.2%
Q3 25
23.4%
1.2%
Q2 25
16.6%
0.6%
Q1 25
12.1%
0.4%
Q4 24
10.9%
0.6%
Q3 24
9.4%
0.9%
Q2 24
10.4%
0.4%
Cash Conversion
ALGT
ALGT
PEGA
PEGA
Q1 26
Q4 25
3.51×
0.68×
Q3 25
1.30×
Q2 25
2.87×
Q1 25
5.96×
2.39×
Q4 24
0.80×
Q3 24
Q2 24
5.03×
6.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALGT
ALGT

Passenger$671.8M92%
Third party products$42.3M6%
Fixed fee contracts$18.1M2%
Resort and other$175.0K0%

PEGA
PEGA

Pega Cloud$205.0M48%
Subscription license$94.9M22%
Maintenance$75.3M18%
Consulting$54.8M13%

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