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Side-by-side financial comparison of Healthcare Realty Trust Inc (HR) 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 $279.0M, roughly 1.5× Healthcare Realty Trust Inc). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -0.0%, a 7.6% gap on every dollar of revenue. On growth, Healthcare Realty Trust Inc posted the faster year-over-year revenue change (5.9% vs -9.6%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -6.1%).

Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.

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.

HR vs PEGA — Head-to-Head

Bigger by revenue
PEGA
PEGA
1.5× larger
PEGA
$430.0M
$279.0M
HR
Growing faster (revenue YoY)
HR
HR
+15.5% gap
HR
5.9%
-9.6%
PEGA
Higher net margin
PEGA
PEGA
7.6% more per $
PEGA
7.6%
-0.0%
HR
Faster 2-yr revenue CAGR
PEGA
PEGA
Annualised
PEGA
10.7%
-6.1%
HR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HR
HR
PEGA
PEGA
Revenue
$279.0M
$430.0M
Net Profit
$-56.0K
$32.8M
Gross Margin
75.2%
Operating Margin
8.6%
Net Margin
-0.0%
7.6%
Revenue YoY
5.9%
-9.6%
Net Profit YoY
EPS (diluted)
$0.00
$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.

Revenue
HR
HR
PEGA
PEGA
Q1 26
$279.0M
$430.0M
Q4 25
$286.3M
$504.3M
Q3 25
$297.8M
$381.4M
Q2 25
$297.5M
$384.5M
Q1 25
$299.0M
$475.6M
Q4 24
$309.8M
$490.8M
Q3 24
$315.4M
$325.1M
Q2 24
$316.3M
$351.2M
Net Profit
HR
HR
PEGA
PEGA
Q1 26
$-56.0K
$32.8M
Q4 25
$14.6M
$234.6M
Q3 25
$-57.7M
$43.4M
Q2 25
$-157.9M
$30.1M
Q1 25
$-44.9M
$85.4M
Q4 24
$-108.2M
$119.1M
Q3 24
$-93.0M
$-14.4M
Q2 24
$-143.8M
$6.6M
Gross Margin
HR
HR
PEGA
PEGA
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%
Operating Margin
HR
HR
PEGA
PEGA
Q1 26
8.6%
Q4 25
20.7%
Q3 25
3.8%
Q2 25
4.5%
Q1 25
26.7%
Q4 24
29.1%
Q3 24
-3.6%
Q2 24
3.7%
Net Margin
HR
HR
PEGA
PEGA
Q1 26
-0.0%
7.6%
Q4 25
183.4%
46.5%
Q3 25
-19.4%
11.4%
Q2 25
-53.1%
7.8%
Q1 25
-15.0%
18.0%
Q4 24
-1924.1%
24.3%
Q3 24
-29.5%
-4.4%
Q2 24
-45.5%
1.9%
EPS (diluted)
HR
HR
PEGA
PEGA
Q1 26
$0.00
$0.18
Q4 25
$0.04
$0.81
Q3 25
$-0.17
$0.24
Q2 25
$-0.45
$0.17
Q1 25
$-0.13
$0.91
Q4 24
$-0.34
$1.35
Q3 24
$-0.26
$-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
HR
HR
PEGA
PEGA
Cash + ST InvestmentsLiquidity on hand
$26.2M
$270.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4B
$705.9M
Total Assets
$9.1B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HR
HR
PEGA
PEGA
Q1 26
$26.2M
$270.0M
Q4 25
$26.2M
$425.8M
Q3 25
$43.3M
$351.4M
Q2 25
$25.5M
$411.6M
Q1 25
$25.7M
$371.7M
Q4 24
$68.9M
$740.0M
Q3 24
$22.8M
$703.0M
Q2 24
$41.8M
$665.1M
Total Debt
HR
HR
PEGA
PEGA
Q1 26
Q4 25
$3.9B
Q3 25
$4.5B
Q2 25
$4.7B
Q1 25
$4.7B
Q4 24
$4.7B
Q3 24
$5.0B
Q2 24
$5.1B
Stockholders' Equity
HR
HR
PEGA
PEGA
Q1 26
$4.4B
$705.9M
Q4 25
$4.6B
$787.4M
Q3 25
$4.7B
$596.8M
Q2 25
$4.8B
$624.5M
Q1 25
$5.1B
$611.3M
Q4 24
$5.2B
$585.5M
Q3 24
$5.5B
$473.0M
Q2 24
$5.9B
$435.4M
Total Assets
HR
HR
PEGA
PEGA
Q1 26
$9.1B
$1.6B
Q4 25
$9.2B
$1.6B
Q3 25
$9.9B
$1.3B
Q2 25
$10.2B
$1.3B
Q1 25
$10.5B
$1.3B
Q4 24
$10.7B
$1.8B
Q3 24
$11.2B
$1.6B
Q2 24
$11.8B
$1.5B
Debt / Equity
HR
HR
PEGA
PEGA
Q1 26
Q4 25
0.85×
Q3 25
0.96×
Q2 25
0.97×
Q1 25
0.93×
Q4 24
0.89×
Q3 24
0.90×
Q2 24
0.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HR
HR
PEGA
PEGA
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$206.5M
FCF MarginFCF / Revenue
48.0%
Capex IntensityCapex / Revenue
9.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$494.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HR
HR
PEGA
PEGA
Q1 26
Q4 25
$457.1M
$158.4M
Q3 25
$113.8M
$56.3M
Q2 25
$163.2M
$86.3M
Q1 25
$47.8M
$204.2M
Q4 24
$501.6M
$95.2M
Q3 24
$119.3M
$30.5M
Q2 24
$168.2M
$40.1M
Free Cash Flow
HR
HR
PEGA
PEGA
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
FCF Margin
HR
HR
PEGA
PEGA
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%
Capex Intensity
HR
HR
PEGA
PEGA
Q1 26
9.7%
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%
Cash Conversion
HR
HR
PEGA
PEGA
Q1 26
Q4 25
31.33×
0.68×
Q3 25
1.30×
Q2 25
2.87×
Q1 25
2.39×
Q4 24
0.80×
Q3 24
Q2 24
6.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HR
HR

Rental income$267.6M96%
Other$11.4M4%

PEGA
PEGA

Pega Cloud$205.0M48%
Subscription license$94.9M22%
Maintenance$75.3M18%
Consulting$54.8M13%

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