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Side-by-side financial comparison of Hims & Hers Health, Inc. (HIMS) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.
Hims & Hers Health, Inc. is the larger business by last-quarter revenue ($617.8M vs $430.0M, roughly 1.4× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 3.3%, a 4.3% gap on every dollar of revenue. On growth, Hims & Hers Health, Inc. posted the faster year-over-year revenue change (28.4% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $-2.5M). Over the past eight quarters, Hims & Hers Health, Inc.'s revenue compounded faster (49.0% CAGR vs 10.7%).
Hims & Hers Health, Inc. is an American telehealth company established in 2017. The company provides prescription medications, over-the-counter medications, and personal care products.
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.
HIMS vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $617.8M | $430.0M |
| Net Profit | $20.6M | $32.8M |
| Gross Margin | 71.9% | 75.2% |
| Operating Margin | 1.5% | 8.6% |
| Net Margin | 3.3% | 7.6% |
| Revenue YoY | 28.4% | -9.6% |
| Net Profit YoY | -20.8% | — |
| EPS (diluted) | $0.08 | $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 | $617.8M | $504.3M | ||
| Q3 25 | $599.0M | $381.4M | ||
| Q2 25 | $544.8M | $384.5M | ||
| Q1 25 | $586.0M | $475.6M | ||
| Q4 24 | $481.1M | $490.8M | ||
| Q3 24 | $401.6M | $325.1M | ||
| Q2 24 | $315.6M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $20.6M | $234.6M | ||
| Q3 25 | $15.8M | $43.4M | ||
| Q2 25 | $42.5M | $30.1M | ||
| Q1 25 | $49.5M | $85.4M | ||
| Q4 24 | $26.0M | $119.1M | ||
| Q3 24 | $75.6M | $-14.4M | ||
| Q2 24 | $13.3M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | 71.9% | 79.5% | ||
| Q3 25 | 73.8% | 72.2% | ||
| Q2 25 | 76.4% | 71.5% | ||
| Q1 25 | 73.5% | 78.5% | ||
| Q4 24 | 76.8% | 79.1% | ||
| Q3 24 | 79.2% | 70.2% | ||
| Q2 24 | 81.3% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | 1.5% | 20.7% | ||
| Q3 25 | 2.0% | 3.8% | ||
| Q2 25 | 4.9% | 4.5% | ||
| Q1 25 | 9.9% | 26.7% | ||
| Q4 24 | 3.9% | 29.1% | ||
| Q3 24 | 5.6% | -3.6% | ||
| Q2 24 | 3.5% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 3.3% | 46.5% | ||
| Q3 25 | 2.6% | 11.4% | ||
| Q2 25 | 7.8% | 7.8% | ||
| Q1 25 | 8.4% | 18.0% | ||
| Q4 24 | 5.4% | 24.3% | ||
| Q3 24 | 18.8% | -4.4% | ||
| Q2 24 | 4.2% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.08 | $0.81 | ||
| Q3 25 | $0.06 | $0.24 | ||
| Q2 25 | $0.17 | $0.17 | ||
| Q1 25 | $0.20 | $0.91 | ||
| Q4 24 | $0.10 | $1.35 | ||
| Q3 24 | $0.32 | $-0.17 | ||
| Q2 24 | $0.06 | $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 | $228.6M | $270.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $540.9M | $705.9M |
| Total Assets | $2.2B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $228.6M | $425.8M | ||
| Q3 25 | $345.8M | $351.4M | ||
| Q2 25 | $1.1B | $411.6M | ||
| Q1 25 | $273.7M | $371.7M | ||
| Q4 24 | $220.6M | $740.0M | ||
| Q3 24 | $165.5M | $703.0M | ||
| Q2 24 | $129.3M | $665.1M |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $540.9M | $787.4M | ||
| Q3 25 | $581.0M | $596.8M | ||
| Q2 25 | $562.7M | $624.5M | ||
| Q1 25 | $549.3M | $611.3M | ||
| Q4 24 | $476.7M | $585.5M | ||
| Q3 24 | $440.1M | $473.0M | ||
| Q2 24 | $362.0M | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.2B | $1.3B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $891.7M | $1.3B | ||
| Q4 24 | $707.5M | $1.8B | ||
| Q3 24 | $602.3M | $1.6B | ||
| Q2 24 | $480.5M | $1.5B |
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 | $61.3M | — |
| Free Cash FlowOCF − Capex | $-2.5M | $206.5M |
| FCF MarginFCF / Revenue | -0.4% | 48.0% |
| Capex IntensityCapex / Revenue | 10.3% | — |
| Cash ConversionOCF / Net Profit | 2.98× | — |
| TTM Free Cash FlowTrailing 4 quarters | $57.4M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $61.3M | $158.4M | ||
| Q3 25 | $148.7M | $56.3M | ||
| Q2 25 | $-19.1M | $86.3M | ||
| Q1 25 | $109.1M | $204.2M | ||
| Q4 24 | $86.4M | $95.2M | ||
| Q3 24 | $85.3M | $30.5M | ||
| Q2 24 | $53.6M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $-2.5M | $152.4M | ||
| Q3 25 | $79.3M | $51.8M | ||
| Q2 25 | $-69.5M | $84.1M | ||
| Q1 25 | $50.1M | $202.3M | ||
| Q4 24 | $59.5M | $92.4M | ||
| Q3 24 | $79.4M | $27.4M | ||
| Q2 24 | $47.6M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | -0.4% | 30.2% | ||
| Q3 25 | 13.2% | 13.6% | ||
| Q2 25 | -12.8% | 21.9% | ||
| Q1 25 | 8.5% | 42.5% | ||
| Q4 24 | 12.4% | 18.8% | ||
| Q3 24 | 19.8% | 8.4% | ||
| Q2 24 | 15.1% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 10.3% | 1.2% | ||
| Q3 25 | 11.6% | 1.2% | ||
| Q2 25 | 9.3% | 0.6% | ||
| Q1 25 | 10.1% | 0.4% | ||
| Q4 24 | 5.6% | 0.6% | ||
| Q3 24 | 1.5% | 0.9% | ||
| Q2 24 | 1.9% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.98× | 0.68× | ||
| Q3 25 | 9.43× | 1.30× | ||
| Q2 25 | -0.45× | 2.87× | ||
| Q1 25 | 2.20× | 2.39× | ||
| Q4 24 | 3.32× | 0.80× | ||
| Q3 24 | 1.13× | — | ||
| Q2 24 | 4.03× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HIMS
Segment breakdown not available.
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
