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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) 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 $216.6M, roughly 2.0× HighPeak Energy, Inc.). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -11.6%, a 19.3% gap on every dollar of revenue. On growth, PEGASYSTEMS INC posted the faster year-over-year revenue change (-9.6% vs -23.3%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -13.2%).
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.
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.
HPK vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $216.6M | $430.0M |
| Net Profit | $-25.2M | $32.8M |
| Gross Margin | — | 75.2% |
| Operating Margin | -7.6% | 8.6% |
| Net Margin | -11.6% | 7.6% |
| Revenue YoY | -23.3% | -9.6% |
| Net Profit YoY | -380.7% | — |
| EPS (diluted) | $-0.16 | $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 | $216.6M | $504.3M | ||
| Q3 25 | $188.9M | $381.4M | ||
| Q2 25 | $200.4M | $384.5M | ||
| Q1 25 | $257.4M | $475.6M | ||
| Q4 24 | $282.6M | $490.8M | ||
| Q3 24 | $271.6M | $325.1M | ||
| Q2 24 | $275.3M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $-25.2M | $234.6M | ||
| Q3 25 | $-18.3M | $43.4M | ||
| Q2 25 | $26.2M | $30.1M | ||
| Q1 25 | $36.3M | $85.4M | ||
| Q4 24 | $9.0M | $119.1M | ||
| Q3 24 | $49.9M | $-14.4M | ||
| Q2 24 | $29.7M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | 71.5% | ||
| Q1 25 | — | 78.5% | ||
| Q4 24 | — | 79.1% | ||
| Q3 24 | — | 70.2% | ||
| Q2 24 | — | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | -7.6% | 20.7% | ||
| Q3 25 | 17.3% | 3.8% | ||
| Q2 25 | 21.7% | 4.5% | ||
| Q1 25 | 35.1% | 26.7% | ||
| Q4 24 | 26.1% | 29.1% | ||
| Q3 24 | 27.0% | -3.6% | ||
| Q2 24 | 31.7% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | -11.6% | 46.5% | ||
| Q3 25 | -9.7% | 11.4% | ||
| Q2 25 | 13.1% | 7.8% | ||
| Q1 25 | 14.1% | 18.0% | ||
| Q4 24 | 3.2% | 24.3% | ||
| Q3 24 | 18.4% | -4.4% | ||
| Q2 24 | 10.8% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $-0.16 | $0.81 | ||
| Q3 25 | $-0.15 | $0.24 | ||
| Q2 25 | $0.19 | $0.17 | ||
| Q1 25 | $0.26 | $0.91 | ||
| Q4 24 | $0.06 | $1.35 | ||
| Q3 24 | $0.35 | $-0.17 | ||
| Q2 24 | $0.21 | $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 | $162.1M | $270.0M |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $1.6B | $705.9M |
| Total Assets | $3.2B | $1.6B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $162.1M | $425.8M | ||
| Q3 25 | $164.9M | $351.4M | ||
| Q2 25 | $21.9M | $411.6M | ||
| Q1 25 | $51.6M | $371.7M | ||
| Q4 24 | $86.6M | $740.0M | ||
| Q3 24 | $135.6M | $703.0M | ||
| Q2 24 | $157.9M | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $1.6B | $787.4M | ||
| Q3 25 | $1.6B | $596.8M | ||
| Q2 25 | $1.7B | $624.5M | ||
| Q1 25 | $1.6B | $611.3M | ||
| Q4 24 | $1.6B | $585.5M | ||
| Q3 24 | $1.6B | $473.0M | ||
| Q2 24 | $1.6B | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $3.2B | $1.6B | ||
| Q3 25 | $3.2B | $1.3B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $3.1B | $1.3B | ||
| Q4 24 | $3.1B | $1.8B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $3.1B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.70× | — |
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 | $93.1M | — |
| 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 | $93.1M | $158.4M | ||
| Q3 25 | $120.2M | $56.3M | ||
| Q2 25 | $141.2M | $86.3M | ||
| Q1 25 | $157.1M | $204.2M | ||
| Q4 24 | $139.5M | $95.2M | ||
| Q3 24 | $177.1M | $30.5M | ||
| Q2 24 | $202.3M | $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 | 5.39× | 2.87× | ||
| Q1 25 | 4.32× | 2.39× | ||
| Q4 24 | 15.53× | 0.80× | ||
| Q3 24 | 3.55× | — | ||
| Q2 24 | 6.81× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HPK
| Crude Oil Sales | $152.1M | 70% |
| Natural Gas And NGL Sales | $60.8M | 28% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
