vs
Side-by-side financial comparison of Andersons, Inc. (ANDE) 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 $329.5M, roughly 1.3× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 7.6%, a 12.8% gap on every dollar of revenue. On growth, Andersons, Inc. posted the faster year-over-year revenue change (-2.4% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $-77.1M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -1.8%).
The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.
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.
ANDE vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $329.5M | $430.0M |
| Net Profit | $67.4M | $32.8M |
| Gross Margin | 70.3% | 75.2% |
| Operating Margin | 26.6% | 8.6% |
| Net Margin | 20.5% | 7.6% |
| Revenue YoY | -2.4% | -9.6% |
| Net Profit YoY | 49.6% | — |
| EPS (diluted) | — | $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 | $329.5M | $504.3M | ||
| Q3 25 | $295.8M | $381.4M | ||
| Q2 25 | $535.0M | $384.5M | ||
| Q1 25 | $370.8M | $475.6M | ||
| Q4 24 | $337.5M | $490.8M | ||
| Q3 24 | $231.9M | $325.1M | ||
| Q2 24 | $492.5M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $67.4M | $234.6M | ||
| Q3 25 | $20.1M | $43.4M | ||
| Q2 25 | $7.9M | $30.1M | ||
| Q1 25 | $284.0K | $85.4M | ||
| Q4 24 | $45.1M | $119.1M | ||
| Q3 24 | $27.4M | $-14.4M | ||
| Q2 24 | $36.0M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | 70.3% | 79.5% | ||
| Q3 25 | 57.8% | 72.2% | ||
| Q2 25 | 29.6% | 71.5% | ||
| Q1 25 | 41.2% | 78.5% | ||
| Q4 24 | 63.1% | 79.1% | ||
| Q3 24 | 76.4% | 70.2% | ||
| Q2 24 | 35.6% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | 26.6% | 20.7% | ||
| Q3 25 | 8.7% | 3.8% | ||
| Q2 25 | 4.6% | 4.5% | ||
| Q1 25 | 0.9% | 26.7% | ||
| Q4 24 | 19.9% | 29.1% | ||
| Q3 24 | 26.8% | -3.6% | ||
| Q2 24 | 11.6% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 20.5% | 46.5% | ||
| Q3 25 | 6.8% | 11.4% | ||
| Q2 25 | 1.5% | 7.8% | ||
| Q1 25 | 0.1% | 18.0% | ||
| Q4 24 | 13.4% | 24.3% | ||
| Q3 24 | 11.8% | -4.4% | ||
| Q2 24 | 7.3% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | $0.59 | $0.24 | ||
| Q2 25 | $0.23 | $0.17 | ||
| Q1 25 | $0.01 | $0.91 | ||
| Q4 24 | $1.31 | $1.35 | ||
| Q3 24 | $0.80 | $-0.17 | ||
| Q2 24 | $1.05 | $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 | $98.3M | $270.0M |
| Total DebtLower is stronger | $560.0M | — |
| Stockholders' EquityBook value | $1.2B | $705.9M |
| Total Assets | $3.7B | $1.6B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $98.3M | $425.8M | ||
| Q3 25 | — | $351.4M | ||
| Q2 25 | — | $411.6M | ||
| Q1 25 | — | $371.7M | ||
| Q4 24 | $561.8M | $740.0M | ||
| Q3 24 | — | $703.0M | ||
| Q2 24 | — | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | $560.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $608.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $1.2B | $787.4M | ||
| Q3 25 | $1.2B | $596.8M | ||
| Q2 25 | $1.4B | $624.5M | ||
| Q1 25 | $1.4B | $611.3M | ||
| Q4 24 | $1.4B | $585.5M | ||
| Q3 24 | $1.3B | $473.0M | ||
| Q2 24 | $1.3B | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $3.7B | $1.6B | ||
| Q3 25 | $3.3B | $1.3B | ||
| Q2 25 | $3.4B | $1.3B | ||
| Q1 25 | $3.8B | $1.3B | ||
| Q4 24 | $4.1B | $1.8B | ||
| Q3 24 | $3.4B | $1.6B | ||
| Q2 24 | $3.3B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-6.2M | — |
| Free Cash FlowOCF − Capex | $-77.1M | $206.5M |
| FCF MarginFCF / Revenue | -23.4% | 48.0% |
| Capex IntensityCapex / Revenue | 21.5% | — |
| Cash ConversionOCF / Net Profit | -0.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.1M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-6.2M | $158.4M | ||
| Q3 25 | $233.9M | $56.3M | ||
| Q2 25 | $299.3M | $86.3M | ||
| Q1 25 | $-350.0M | $204.2M | ||
| Q4 24 | $268.8M | $95.2M | ||
| Q3 24 | $-2.1M | $30.5M | ||
| Q2 24 | $304.4M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $-77.1M | $152.4M | ||
| Q3 25 | $167.0M | $51.8M | ||
| Q2 25 | $250.5M | $84.1M | ||
| Q1 25 | $-396.6M | $202.3M | ||
| Q4 24 | $212.9M | $92.4M | ||
| Q3 24 | $-40.0M | $27.4M | ||
| Q2 24 | $275.8M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | -23.4% | 30.2% | ||
| Q3 25 | 56.5% | 13.6% | ||
| Q2 25 | 46.8% | 21.9% | ||
| Q1 25 | -106.9% | 42.5% | ||
| Q4 24 | 63.1% | 18.8% | ||
| Q3 24 | -17.2% | 8.4% | ||
| Q2 24 | 56.0% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 21.5% | 1.2% | ||
| Q3 25 | 22.6% | 1.2% | ||
| Q2 25 | 9.1% | 0.6% | ||
| Q1 25 | 12.6% | 0.4% | ||
| Q4 24 | 16.6% | 0.6% | ||
| Q3 24 | 16.3% | 0.9% | ||
| Q2 24 | 5.8% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | -0.09× | 0.68× | ||
| Q3 25 | 11.61× | 1.30× | ||
| Q2 25 | 38.10× | 2.87× | ||
| Q1 25 | -1232.46× | 2.39× | ||
| Q4 24 | 5.96× | 0.80× | ||
| Q3 24 | -0.08× | — | ||
| Q2 24 | 8.46× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
