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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) 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 $256.5M, roughly 1.7× Great Lakes Dredge & Dock CORP). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 4.9%, a 2.7% gap on every dollar of revenue. On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $50.3M). Over the past eight quarters, Great Lakes Dredge & Dock CORP's revenue compounded faster (13.6% CAGR vs 10.7%).
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
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.
GLDD vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $256.5M | $430.0M |
| Net Profit | $12.6M | $32.8M |
| Gross Margin | 20.9% | 75.2% |
| Operating Margin | 12.7% | 8.6% |
| Net Margin | 4.9% | 7.6% |
| Revenue YoY | 26.5% | -9.6% |
| Net Profit YoY | -35.9% | — |
| EPS (diluted) | $0.19 | $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 | $256.5M | $504.3M | ||
| Q3 25 | $195.2M | $381.4M | ||
| Q2 25 | $193.8M | $384.5M | ||
| Q1 25 | $242.9M | $475.6M | ||
| Q4 24 | $202.8M | $490.8M | ||
| Q3 24 | $191.2M | $325.1M | ||
| Q2 24 | $170.1M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $12.6M | $234.6M | ||
| Q3 25 | $17.7M | $43.4M | ||
| Q2 25 | $9.7M | $30.1M | ||
| Q1 25 | $33.4M | $85.4M | ||
| Q4 24 | $19.7M | $119.1M | ||
| Q3 24 | $8.9M | $-14.4M | ||
| Q2 24 | $7.7M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | 20.9% | 79.5% | ||
| Q3 25 | 22.4% | 72.2% | ||
| Q2 25 | 18.9% | 71.5% | ||
| Q1 25 | 28.6% | 78.5% | ||
| Q4 24 | 24.1% | 79.1% | ||
| Q3 24 | 19.0% | 70.2% | ||
| Q2 24 | 17.5% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | 12.7% | 20.7% | ||
| Q3 25 | 14.4% | 3.8% | ||
| Q2 25 | 8.8% | 4.5% | ||
| Q1 25 | 20.6% | 26.7% | ||
| Q4 24 | 14.8% | 29.1% | ||
| Q3 24 | 8.7% | -3.6% | ||
| Q2 24 | 8.6% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 4.9% | 46.5% | ||
| Q3 25 | 9.1% | 11.4% | ||
| Q2 25 | 5.0% | 7.8% | ||
| Q1 25 | 13.8% | 18.0% | ||
| Q4 24 | 9.7% | 24.3% | ||
| Q3 24 | 4.6% | -4.4% | ||
| Q2 24 | 4.5% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.19 | $0.81 | ||
| Q3 25 | $0.26 | $0.24 | ||
| Q2 25 | $0.14 | $0.17 | ||
| Q1 25 | $0.49 | $0.91 | ||
| Q4 24 | $0.29 | $1.35 | ||
| Q3 24 | $0.13 | $-0.17 | ||
| Q2 24 | $0.11 | $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 | $13.4M | $270.0M |
| Total DebtLower is stronger | $378.2M | — |
| Stockholders' EquityBook value | $517.1M | $705.9M |
| Total Assets | $1.3B | $1.6B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $13.4M | $425.8M | ||
| Q3 25 | $12.7M | $351.4M | ||
| Q2 25 | $2.9M | $411.6M | ||
| Q1 25 | $11.3M | $371.7M | ||
| Q4 24 | $10.2M | $740.0M | ||
| Q3 24 | $12.0M | $703.0M | ||
| Q2 24 | $23.1M | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | $378.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $448.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $517.1M | $787.4M | ||
| Q3 25 | $502.1M | $596.8M | ||
| Q2 25 | $481.9M | $624.5M | ||
| Q1 25 | $479.9M | $611.3M | ||
| Q4 24 | $448.9M | $585.5M | ||
| Q3 24 | $425.4M | $473.0M | ||
| Q2 24 | $418.0M | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $1.3B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.1B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.73× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.00× | — | ||
| 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 | $79.7M | — |
| Free Cash FlowOCF − Capex | $50.3M | $206.5M |
| FCF MarginFCF / Revenue | 19.6% | 48.0% |
| Capex IntensityCapex / Revenue | 11.5% | — |
| Cash ConversionOCF / Net Profit | 6.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $79.7M | $158.4M | ||
| Q3 25 | $49.2M | $56.3M | ||
| Q2 25 | $56.9M | $86.3M | ||
| Q1 25 | $60.9M | $204.2M | ||
| Q4 24 | $-13.5M | $95.2M | ||
| Q3 24 | $26.8M | $30.5M | ||
| Q2 24 | $18.4M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $50.3M | $152.4M | ||
| Q3 25 | $13.2M | $51.8M | ||
| Q2 25 | $-3.7M | $84.1M | ||
| Q1 25 | $39.6M | $202.3M | ||
| Q4 24 | $-36.1M | $92.4M | ||
| Q3 24 | $-11.5M | $27.4M | ||
| Q2 24 | $-34.0M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | 19.6% | 30.2% | ||
| Q3 25 | 6.8% | 13.6% | ||
| Q2 25 | -1.9% | 21.9% | ||
| Q1 25 | 16.3% | 42.5% | ||
| Q4 24 | -17.8% | 18.8% | ||
| Q3 24 | -6.0% | 8.4% | ||
| Q2 24 | -20.0% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | 1.2% | ||
| Q3 25 | 18.4% | 1.2% | ||
| Q2 25 | 31.3% | 0.6% | ||
| Q1 25 | 8.7% | 0.4% | ||
| Q4 24 | 11.2% | 0.6% | ||
| Q3 24 | 20.0% | 0.9% | ||
| Q2 24 | 30.8% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 6.31× | 0.68× | ||
| Q3 25 | 2.77× | 1.30× | ||
| Q2 25 | 5.87× | 2.87× | ||
| Q1 25 | 1.82× | 2.39× | ||
| Q4 24 | -0.69× | 0.80× | ||
| Q3 24 | 3.02× | — | ||
| Q2 24 | 2.39× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLDD
Segment breakdown not available.
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
