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Side-by-side financial comparison of Element Solutions Inc (ESI) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.
Element Solutions Inc is the larger business by last-quarter revenue ($840.0M vs $430.0M, roughly 2.0× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 6.7%, a 1.0% gap on every dollar of revenue. On growth, Element Solutions Inc posted the faster year-over-year revenue change (41.0% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $-74.2M). Over the past eight quarters, Element Solutions Inc's revenue compounded faster (17.1% CAGR vs 10.7%).
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.
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.
ESI vs PEGA — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $840.0M | $430.0M |
| Net Profit | $56.0M | $32.8M |
| Gross Margin | 38.4% | 75.2% |
| Operating Margin | 13.3% | 8.6% |
| Net Margin | 6.7% | 7.6% |
| Revenue YoY | 41.0% | -9.6% |
| Net Profit YoY | -43.0% | — |
| EPS (diluted) | $0.23 | $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 | $840.0M | $430.0M | ||
| Q4 25 | $676.2M | $504.3M | ||
| Q3 25 | $656.1M | $381.4M | ||
| Q2 25 | $625.2M | $384.5M | ||
| Q1 25 | $593.7M | $475.6M | ||
| Q4 24 | $624.2M | $490.8M | ||
| Q3 24 | $645.0M | $325.1M | ||
| Q2 24 | $612.7M | $351.2M |
| Q1 26 | $56.0M | $32.8M | ||
| Q4 25 | $6.2M | $234.6M | ||
| Q3 25 | $39.3M | $43.4M | ||
| Q2 25 | $47.4M | $30.1M | ||
| Q1 25 | $98.0M | $85.4M | ||
| Q4 24 | $54.7M | $119.1M | ||
| Q3 24 | $40.3M | $-14.4M | ||
| Q2 24 | $93.2M | $6.6M |
| Q1 26 | 38.4% | 75.2% | ||
| Q4 25 | 40.9% | 79.5% | ||
| Q3 25 | 42.2% | 72.2% | ||
| Q2 25 | 42.6% | 71.5% | ||
| Q1 25 | 42.2% | 78.5% | ||
| Q4 24 | 41.0% | 79.1% | ||
| Q3 24 | 41.5% | 70.2% | ||
| Q2 24 | 43.6% | 72.4% |
| Q1 26 | 13.3% | 8.6% | ||
| Q4 25 | 10.3% | 20.7% | ||
| Q3 25 | 15.4% | 3.8% | ||
| Q2 25 | 15.1% | 4.5% | ||
| Q1 25 | 13.0% | 26.7% | ||
| Q4 24 | 12.0% | 29.1% | ||
| Q3 24 | 14.7% | -3.6% | ||
| Q2 24 | 15.7% | 3.7% |
| Q1 26 | 6.7% | 7.6% | ||
| Q4 25 | 0.9% | 46.5% | ||
| Q3 25 | 6.0% | 11.4% | ||
| Q2 25 | 7.6% | 7.8% | ||
| Q1 25 | 16.5% | 18.0% | ||
| Q4 24 | 8.8% | 24.3% | ||
| Q3 24 | 6.2% | -4.4% | ||
| Q2 24 | 15.2% | 1.9% |
| Q1 26 | $0.23 | $0.18 | ||
| Q4 25 | $0.03 | $0.81 | ||
| Q3 25 | $0.16 | $0.24 | ||
| Q2 25 | $0.20 | $0.17 | ||
| Q1 25 | $0.40 | $0.91 | ||
| Q4 24 | $0.22 | $1.35 | ||
| Q3 24 | $0.17 | $-0.17 | ||
| Q2 24 | $0.39 | $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 | $177.3M | $270.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $705.9M |
| Total Assets | $5.7B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $177.3M | $270.0M | ||
| Q4 25 | $626.5M | $425.8M | ||
| Q3 25 | $594.3M | $351.4M | ||
| Q2 25 | $529.9M | $411.6M | ||
| Q1 25 | $499.2M | $371.7M | ||
| Q4 24 | $359.4M | $740.0M | ||
| Q3 24 | $376.0M | $703.0M | ||
| Q2 24 | $309.3M | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $2.7B | $705.9M | ||
| Q4 25 | $2.7B | $787.4M | ||
| Q3 25 | $2.7B | $596.8M | ||
| Q2 25 | $2.6B | $624.5M | ||
| Q1 25 | $2.5B | $611.3M | ||
| Q4 24 | $2.4B | $585.5M | ||
| Q3 24 | $2.4B | $473.0M | ||
| Q2 24 | $2.4B | $435.4M |
| Q1 26 | $5.7B | $1.6B | ||
| Q4 25 | $5.1B | $1.6B | ||
| Q3 25 | $5.0B | $1.3B | ||
| Q2 25 | $5.0B | $1.3B | ||
| Q1 25 | $4.8B | $1.3B | ||
| Q4 24 | $4.9B | $1.8B | ||
| Q3 24 | $5.1B | $1.6B | ||
| Q2 24 | $5.0B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.76× | — | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 0.81× | — |
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 | — | — |
| Free Cash FlowOCF − Capex | $-74.2M | $206.5M |
| FCF MarginFCF / Revenue | -8.8% | 48.0% |
| Capex IntensityCapex / Revenue | 3.0% | — |
| 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 | $100.1M | $56.3M | ||
| Q2 25 | — | $86.3M | ||
| Q1 25 | $26.0M | $204.2M | ||
| Q4 24 | — | $95.2M | ||
| Q3 24 | $98.5M | $30.5M | ||
| Q2 24 | — | $40.1M |
| Q1 26 | $-74.2M | $206.5M | ||
| Q4 25 | — | $152.4M | ||
| Q3 25 | $83.6M | $51.8M | ||
| Q2 25 | — | $84.1M | ||
| Q1 25 | $15.0M | $202.3M | ||
| Q4 24 | — | $92.4M | ||
| Q3 24 | $85.9M | $27.4M | ||
| Q2 24 | — | $38.8M |
| Q1 26 | -8.8% | 48.0% | ||
| Q4 25 | — | 30.2% | ||
| Q3 25 | 12.7% | 13.6% | ||
| Q2 25 | — | 21.9% | ||
| Q1 25 | 2.5% | 42.5% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | 13.3% | 8.4% | ||
| Q2 24 | — | 11.1% |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 2.5% | 1.2% | ||
| Q3 25 | 2.5% | 1.2% | ||
| Q2 25 | 2.8% | 0.6% | ||
| Q1 25 | 1.9% | 0.4% | ||
| Q4 24 | 3.6% | 0.6% | ||
| Q3 24 | 2.0% | 0.9% | ||
| Q2 24 | 2.4% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.68× | ||
| Q3 25 | 2.55× | 1.30× | ||
| Q2 25 | — | 2.87× | ||
| Q1 25 | 0.27× | 2.39× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | 2.44× | — | ||
| Q2 24 | — | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
