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Side-by-side financial comparison of FOX FACTORY HOLDING CORP (FOXF) 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 $376.4M, roughly 1.1× FOX FACTORY HOLDING CORP). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -0.2%, a 7.8% gap on every dollar of revenue. On growth, FOX FACTORY HOLDING CORP posted the faster year-over-year revenue change (4.8% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $-2.5M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 6.4%).
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
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.
FOXF vs PEGA — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $376.4M | $430.0M |
| Net Profit | $-634.0K | $32.8M |
| Gross Margin | 30.4% | 75.2% |
| Operating Margin | 4.0% | 8.6% |
| Net Margin | -0.2% | 7.6% |
| Revenue YoY | 4.8% | -9.6% |
| Net Profit YoY | -113.3% | — |
| EPS (diluted) | $-0.02 | $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 | $376.4M | $504.3M | ||
| Q3 25 | $374.9M | $381.4M | ||
| Q2 25 | $355.0M | $384.5M | ||
| Q1 25 | $352.8M | $475.6M | ||
| Q4 24 | — | $490.8M | ||
| Q3 24 | $359.1M | $325.1M | ||
| Q2 24 | $348.5M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $-634.0K | $234.6M | ||
| Q3 25 | $2.7M | $43.4M | ||
| Q2 25 | $-259.7M | $30.1M | ||
| Q1 25 | $-141.0K | $85.4M | ||
| Q4 24 | — | $119.1M | ||
| Q3 24 | $4.8M | $-14.4M | ||
| Q2 24 | $5.4M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | 30.4% | 79.5% | ||
| Q3 25 | 31.2% | 72.2% | ||
| Q2 25 | 30.9% | 71.5% | ||
| Q1 25 | 28.9% | 78.5% | ||
| Q4 24 | — | 79.1% | ||
| Q3 24 | 29.9% | 70.2% | ||
| Q2 24 | 31.8% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | 4.0% | 20.7% | ||
| Q3 25 | 4.9% | 3.8% | ||
| Q2 25 | -70.6% | 4.5% | ||
| Q1 25 | 3.2% | 26.7% | ||
| Q4 24 | — | 29.1% | ||
| Q3 24 | 5.2% | -3.6% | ||
| Q2 24 | 5.3% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | -0.2% | 46.5% | ||
| Q3 25 | 0.7% | 11.4% | ||
| Q2 25 | -73.1% | 7.8% | ||
| Q1 25 | -0.0% | 18.0% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | 1.3% | -4.4% | ||
| Q2 24 | 1.6% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $-0.02 | $0.81 | ||
| Q3 25 | $0.07 | $0.24 | ||
| Q2 25 | $-6.23 | $0.17 | ||
| Q1 25 | $0.00 | $0.91 | ||
| Q4 24 | — | $1.35 | ||
| Q3 24 | $0.11 | $-0.17 | ||
| Q2 24 | $0.13 | $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 | — | $270.0M |
| Total DebtLower is stronger | $536.7M | — |
| Stockholders' EquityBook value | $956.0M | $705.9M |
| Total Assets | $2.0B | $1.6B |
| Debt / EquityLower = less leverage | 0.56× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | — | $425.8M | ||
| Q3 25 | — | $351.4M | ||
| Q2 25 | — | $411.6M | ||
| Q1 25 | $71.7M | $371.7M | ||
| Q4 24 | — | $740.0M | ||
| Q3 24 | — | $703.0M | ||
| Q2 24 | — | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | $536.7M | — | ||
| Q3 25 | $541.8M | — | ||
| Q2 25 | $546.9M | — | ||
| Q1 25 | $552.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $558.4M | — | ||
| Q2 24 | $564.1M | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $956.0M | $787.4M | ||
| Q3 25 | $958.7M | $596.8M | ||
| Q2 25 | $939.9M | $624.5M | ||
| Q1 25 | $1.2B | $611.3M | ||
| Q4 24 | — | $585.5M | ||
| Q3 24 | $1.2B | $473.0M | ||
| Q2 24 | $1.2B | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $2.2B | $1.3B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $2.3B | $1.6B | ||
| Q2 24 | $2.3B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.58× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.47× | — |
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 | $5.3M | — |
| Free Cash FlowOCF − Capex | $-2.5M | $206.5M |
| FCF MarginFCF / Revenue | -0.7% | 48.0% |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $85.4M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.3M | $158.4M | ||
| Q3 25 | $36.8M | $56.3M | ||
| Q2 25 | $680.0K | $86.3M | ||
| Q1 25 | $81.7M | $204.2M | ||
| Q4 24 | — | $95.2M | ||
| Q3 24 | $14.1M | $30.5M | ||
| Q2 24 | $26.7M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $-2.5M | $152.4M | ||
| Q3 25 | $24.6M | $51.8M | ||
| Q2 25 | $-6.5M | $84.1M | ||
| Q1 25 | $69.8M | $202.3M | ||
| Q4 24 | — | $92.4M | ||
| Q3 24 | $3.2M | $27.4M | ||
| Q2 24 | $15.4M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | -0.7% | 30.2% | ||
| Q3 25 | 6.6% | 13.6% | ||
| Q2 25 | -1.8% | 21.9% | ||
| Q1 25 | 19.8% | 42.5% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | 0.9% | 8.4% | ||
| Q2 24 | 4.4% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 1.2% | ||
| Q3 25 | 3.3% | 1.2% | ||
| Q2 25 | 2.0% | 0.6% | ||
| Q1 25 | 3.4% | 0.4% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 3.0% | 0.9% | ||
| Q2 24 | 3.2% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.68× | ||
| Q3 25 | 13.41× | 1.30× | ||
| Q2 25 | — | 2.87× | ||
| Q1 25 | — | 2.39× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | 2.94× | — | ||
| Q2 24 | 4.94× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FOXF
| Specialty Sports Group | $132.7M | 35% |
| Powered Vehicles Group | $125.9M | 33% |
| Aftermarket Applications Group | $117.8M | 31% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
