vs
Side-by-side financial comparison of Dayforce (DAY) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.
Dayforce is the larger business by last-quarter revenue ($481.6M vs $430.0M, roughly 1.1× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -40.9%, a 48.5% gap on every dollar of revenue. On growth, Dayforce posted the faster year-over-year revenue change (9.5% vs -9.6%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 9.8%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
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.
DAY vs PEGA — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $430.0M |
| Net Profit | $-196.8M | $32.8M |
| Gross Margin | — | 75.2% |
| Operating Margin | 6.3% | 8.6% |
| Net Margin | -40.9% | 7.6% |
| Revenue YoY | 9.5% | -9.6% |
| Net Profit YoY | -9940.0% | — |
| EPS (diluted) | $-1.23 | $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 | — | $504.3M | ||
| Q3 25 | $481.6M | $381.4M | ||
| Q2 25 | $464.7M | $384.5M | ||
| Q1 25 | $481.8M | $475.6M | ||
| Q4 24 | $465.2M | $490.8M | ||
| Q3 24 | $440.0M | $325.1M | ||
| Q2 24 | $423.3M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | — | $234.6M | ||
| Q3 25 | $-196.8M | $43.4M | ||
| Q2 25 | $21.3M | $30.1M | ||
| Q1 25 | $14.9M | $85.4M | ||
| Q4 24 | $10.8M | $119.1M | ||
| Q3 24 | $2.0M | $-14.4M | ||
| Q2 24 | $-1.8M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | 71.5% | ||
| Q1 25 | — | 78.5% | ||
| Q4 24 | 47.0% | 79.1% | ||
| Q3 24 | 45.8% | 70.2% | ||
| Q2 24 | 44.1% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | — | 20.7% | ||
| Q3 25 | 6.3% | 3.8% | ||
| Q2 25 | 9.1% | 4.5% | ||
| Q1 25 | 6.4% | 26.7% | ||
| Q4 24 | 6.1% | 29.1% | ||
| Q3 24 | 4.7% | -3.6% | ||
| Q2 24 | 3.3% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | — | 46.5% | ||
| Q3 25 | -40.9% | 11.4% | ||
| Q2 25 | 4.6% | 7.8% | ||
| Q1 25 | 3.1% | 18.0% | ||
| Q4 24 | 2.3% | 24.3% | ||
| Q3 24 | 0.5% | -4.4% | ||
| Q2 24 | -0.4% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | $-1.23 | $0.24 | ||
| Q2 25 | $0.13 | $0.17 | ||
| Q1 25 | $0.09 | $0.91 | ||
| Q4 24 | $0.07 | $1.35 | ||
| Q3 24 | $0.01 | $-0.17 | ||
| Q2 24 | $-0.01 | $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 | $627.6M | $270.0M |
| Total DebtLower is stronger | $631.1M | — |
| Stockholders' EquityBook value | $2.7B | $705.9M |
| Total Assets | $8.7B | $1.6B |
| Debt / EquityLower = less leverage | 0.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | — | $425.8M | ||
| Q3 25 | $627.6M | $351.4M | ||
| Q2 25 | $625.2M | $411.6M | ||
| Q1 25 | $557.3M | $371.7M | ||
| Q4 24 | $579.7M | $740.0M | ||
| Q3 24 | $494.1M | $703.0M | ||
| Q2 24 | $465.4M | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | — | $787.4M | ||
| Q3 25 | $2.7B | $596.8M | ||
| Q2 25 | $2.7B | $624.5M | ||
| Q1 25 | $2.6B | $611.3M | ||
| Q4 24 | $2.5B | $585.5M | ||
| Q3 24 | $2.6B | $473.0M | ||
| Q2 24 | $2.5B | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $8.7B | $1.3B | ||
| Q2 25 | $8.5B | $1.3B | ||
| Q1 25 | $9.5B | $1.3B | ||
| Q4 24 | $9.1B | $1.8B | ||
| Q3 24 | $8.1B | $1.6B | ||
| Q2 24 | $9.0B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | — |
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 | $31.2M | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | — | $158.4M | ||
| Q3 25 | $31.2M | $56.3M | ||
| Q2 25 | $112.7M | $86.3M | ||
| Q1 25 | $49.6M | $204.2M | ||
| Q4 24 | $81.0M | $95.2M | ||
| Q3 24 | $91.8M | $30.5M | ||
| Q2 24 | $99.2M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $51.8M | ||
| Q2 25 | — | $84.1M | ||
| Q1 25 | — | $202.3M | ||
| Q4 24 | — | $92.4M | ||
| Q3 24 | — | $27.4M | ||
| Q2 24 | — | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | — | 30.2% | ||
| Q3 25 | — | 13.6% | ||
| Q2 25 | — | 21.9% | ||
| Q1 25 | — | 42.5% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.68× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | 5.29× | 2.87× | ||
| Q1 25 | 3.33× | 2.39× | ||
| Q4 24 | 7.50× | 0.80× | ||
| Q3 24 | 45.90× | — | ||
| Q2 24 | — | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
