vs
Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) 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 $233.0M, roughly 1.8× CSW INDUSTRIALS, INC.). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 4.4%, a 3.2% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $22.7M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 5.1%).
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.
CSW vs PEGA — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $430.0M |
| Net Profit | $10.3M | $32.8M |
| Gross Margin | 39.7% | 75.2% |
| Operating Margin | 7.4% | 8.6% |
| Net Margin | 4.4% | 7.6% |
| Revenue YoY | 20.3% | -9.6% |
| Net Profit YoY | -61.9% | — |
| EPS (diluted) | $0.62 | $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 | $233.0M | $504.3M | ||
| Q3 25 | $277.0M | $381.4M | ||
| Q2 25 | $263.6M | $384.5M | ||
| Q1 25 | $230.5M | $475.6M | ||
| Q4 24 | $193.6M | $490.8M | ||
| Q3 24 | $227.9M | $325.1M | ||
| Q2 24 | $226.2M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $10.3M | $234.6M | ||
| Q3 25 | $40.7M | $43.4M | ||
| Q2 25 | $40.9M | $30.1M | ||
| Q1 25 | $35.1M | $85.4M | ||
| Q4 24 | $26.9M | $119.1M | ||
| Q3 24 | $36.1M | $-14.4M | ||
| Q2 24 | $38.6M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | 39.7% | 79.5% | ||
| Q3 25 | 43.0% | 72.2% | ||
| Q2 25 | 43.8% | 71.5% | ||
| Q1 25 | 44.2% | 78.5% | ||
| Q4 24 | 41.4% | 79.1% | ||
| Q3 24 | 45.6% | 70.2% | ||
| Q2 24 | 47.5% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | 7.4% | 20.7% | ||
| Q3 25 | 20.5% | 3.8% | ||
| Q2 25 | 20.8% | 4.5% | ||
| Q1 25 | 19.5% | 26.7% | ||
| Q4 24 | 15.3% | 29.1% | ||
| Q3 24 | 22.6% | -3.6% | ||
| Q2 24 | 24.3% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 4.4% | 46.5% | ||
| Q3 25 | 14.7% | 11.4% | ||
| Q2 25 | 15.5% | 7.8% | ||
| Q1 25 | 15.2% | 18.0% | ||
| Q4 24 | 13.9% | 24.3% | ||
| Q3 24 | 15.8% | -4.4% | ||
| Q2 24 | 17.1% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.62 | $0.81 | ||
| Q3 25 | $2.41 | $0.24 | ||
| Q2 25 | $2.43 | $0.17 | ||
| Q1 25 | $2.05 | $0.91 | ||
| Q4 24 | $1.60 | $1.35 | ||
| Q3 24 | $2.26 | $-0.17 | ||
| Q2 24 | $2.47 | $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 | $40.2M | $270.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $705.9M |
| Total Assets | $2.3B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $40.2M | $425.8M | ||
| Q3 25 | $31.5M | $351.4M | ||
| Q2 25 | $38.0M | $411.6M | ||
| Q1 25 | $225.8M | $371.7M | ||
| Q4 24 | $213.8M | $740.0M | ||
| Q3 24 | $273.2M | $703.0M | ||
| Q2 24 | $18.9M | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $1.1B | $787.4M | ||
| Q3 25 | $1.1B | $596.8M | ||
| Q2 25 | $1.1B | $624.5M | ||
| Q1 25 | $1.1B | $611.3M | ||
| Q4 24 | $1.0B | $585.5M | ||
| Q3 24 | $1.0B | $473.0M | ||
| Q2 24 | $650.2M | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.3B | $1.6B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.1B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| 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 | $28.9M | — |
| Free Cash FlowOCF − Capex | $22.7M | $206.5M |
| FCF MarginFCF / Revenue | 9.8% | 48.0% |
| Capex IntensityCapex / Revenue | 2.6% | — |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $158.4M | ||
| Q3 25 | $61.8M | $56.3M | ||
| Q2 25 | $60.6M | $86.3M | ||
| Q1 25 | $27.3M | $204.2M | ||
| Q4 24 | $11.6M | $95.2M | ||
| Q3 24 | $66.8M | $30.5M | ||
| Q2 24 | $62.7M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $22.7M | $152.4M | ||
| Q3 25 | $58.7M | $51.8M | ||
| Q2 25 | $57.7M | $84.1M | ||
| Q1 25 | $22.8M | $202.3M | ||
| Q4 24 | $8.5M | $92.4M | ||
| Q3 24 | $61.3M | $27.4M | ||
| Q2 24 | $59.6M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | 9.8% | 30.2% | ||
| Q3 25 | 21.2% | 13.6% | ||
| Q2 25 | 21.9% | 21.9% | ||
| Q1 25 | 9.9% | 42.5% | ||
| Q4 24 | 4.4% | 18.8% | ||
| Q3 24 | 26.9% | 8.4% | ||
| Q2 24 | 26.3% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 1.2% | ||
| Q3 25 | 1.1% | 1.2% | ||
| Q2 25 | 1.1% | 0.6% | ||
| Q1 25 | 2.0% | 0.4% | ||
| Q4 24 | 1.6% | 0.6% | ||
| Q3 24 | 2.4% | 0.9% | ||
| Q2 24 | 1.4% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | 0.68× | ||
| Q3 25 | 1.52× | 1.30× | ||
| Q2 25 | 1.48× | 2.87× | ||
| Q1 25 | 0.78× | 2.39× | ||
| Q4 24 | 0.43× | 0.80× | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
