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Side-by-side financial comparison of Koppers Holdings Inc. (KOP) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.
Koppers Holdings Inc. is the larger business by last-quarter revenue ($432.7M vs $430.0M, roughly 1.0× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 6.9%, a 0.8% gap on every dollar of revenue. On growth, Koppers Holdings Inc. posted the faster year-over-year revenue change (-9.3% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $28.5M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -6.7%).
Koppers is a global chemical and materials company based in Pittsburgh, Pennsylvania, United States. Its headquarters is an art-deco 1920s skyscraper, the Koppers Tower.
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.
KOP vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $432.7M | $430.0M |
| Net Profit | $29.7M | $32.8M |
| Gross Margin | 25.6% | 75.2% |
| Operating Margin | 11.5% | 8.6% |
| Net Margin | 6.9% | 7.6% |
| Revenue YoY | -9.3% | -9.6% |
| Net Profit YoY | 391.2% | — |
| EPS (diluted) | $1.44 | $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 | $432.7M | $504.3M | ||
| Q3 25 | $485.3M | $381.4M | ||
| Q2 25 | $504.8M | $384.5M | ||
| Q1 25 | $456.5M | $475.6M | ||
| Q4 24 | $477.0M | $490.8M | ||
| Q3 24 | $554.3M | $325.1M | ||
| Q2 24 | $563.2M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $29.7M | $234.6M | ||
| Q3 25 | $23.8M | $43.4M | ||
| Q2 25 | $16.4M | $30.1M | ||
| Q1 25 | $-13.9M | $85.4M | ||
| Q4 24 | $-10.2M | $119.1M | ||
| Q3 24 | $22.8M | $-14.4M | ||
| Q2 24 | $26.8M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | 25.6% | 79.5% | ||
| Q3 25 | 24.1% | 72.2% | ||
| Q2 25 | 22.6% | 71.5% | ||
| Q1 25 | 23.2% | 78.5% | ||
| Q4 24 | 17.5% | 79.1% | ||
| Q3 24 | 21.9% | 70.2% | ||
| Q2 24 | 21.6% | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | 11.5% | 20.7% | ||
| Q3 25 | 10.7% | 3.8% | ||
| Q2 25 | 7.7% | 4.5% | ||
| Q1 25 | 5.9% | 26.7% | ||
| Q4 24 | 1.3% | 29.1% | ||
| Q3 24 | 9.0% | -3.6% | ||
| Q2 24 | 10.2% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 6.9% | 46.5% | ||
| Q3 25 | 4.9% | 11.4% | ||
| Q2 25 | 3.2% | 7.8% | ||
| Q1 25 | -3.0% | 18.0% | ||
| Q4 24 | -2.1% | 24.3% | ||
| Q3 24 | 4.1% | -4.4% | ||
| Q2 24 | 4.8% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $1.44 | $0.81 | ||
| Q3 25 | $1.17 | $0.24 | ||
| Q2 25 | $0.81 | $0.17 | ||
| Q1 25 | $-0.68 | $0.91 | ||
| Q4 24 | $-0.47 | $1.35 | ||
| Q3 24 | $1.09 | $-0.17 | ||
| Q2 24 | $1.25 | $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 | $928.3M | — |
| Stockholders' EquityBook value | $574.0M | $705.9M |
| Total Assets | $1.9B | $1.6B |
| Debt / EquityLower = less leverage | 1.62× | — |
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 | — | $371.7M | ||
| Q4 24 | — | $740.0M | ||
| Q3 24 | — | $703.0M | ||
| Q2 24 | — | $665.1M |
| Q1 26 | — | — | ||
| Q4 25 | $928.3M | — | ||
| Q3 25 | $932.9M | — | ||
| Q2 25 | $977.5M | — | ||
| Q1 25 | $989.0M | — | ||
| Q4 24 | $939.5M | — | ||
| Q3 24 | $989.4M | — | ||
| Q2 24 | $1.0B | — |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $574.0M | $787.4M | ||
| Q3 25 | $545.6M | $596.8M | ||
| Q2 25 | $526.8M | $624.5M | ||
| Q1 25 | $498.0M | $611.3M | ||
| Q4 24 | $488.7M | $585.5M | ||
| Q3 24 | $532.3M | $473.0M | ||
| Q2 24 | $509.2M | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $1.9B | $1.3B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $2.0B | $1.6B | ||
| Q2 24 | $1.9B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 1.62× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 1.92× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 1.97× | — |
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 | $45.1M | — |
| Free Cash FlowOCF − Capex | $28.5M | $206.5M |
| FCF MarginFCF / Revenue | 6.6% | 48.0% |
| Capex IntensityCapex / Revenue | 3.8% | — |
| Cash ConversionOCF / Net Profit | 1.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $67.5M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $45.1M | $158.4M | ||
| Q3 25 | $49.6M | $56.3M | ||
| Q2 25 | $50.5M | $86.3M | ||
| Q1 25 | $-22.7M | $204.2M | ||
| Q4 24 | $74.7M | $95.2M | ||
| Q3 24 | $29.8M | $30.5M | ||
| Q2 24 | $27.2M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $28.5M | $152.4M | ||
| Q3 25 | $37.6M | $51.8M | ||
| Q2 25 | $38.4M | $84.1M | ||
| Q1 25 | $-37.0M | $202.3M | ||
| Q4 24 | $56.1M | $92.4M | ||
| Q3 24 | $14.4M | $27.4M | ||
| Q2 24 | $10.1M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | 6.6% | 30.2% | ||
| Q3 25 | 7.7% | 13.6% | ||
| Q2 25 | 7.6% | 21.9% | ||
| Q1 25 | -8.1% | 42.5% | ||
| Q4 24 | 11.8% | 18.8% | ||
| Q3 24 | 2.6% | 8.4% | ||
| Q2 24 | 1.8% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 1.2% | ||
| Q3 25 | 2.5% | 1.2% | ||
| Q2 25 | 2.4% | 0.6% | ||
| Q1 25 | 3.1% | 0.4% | ||
| Q4 24 | 3.9% | 0.6% | ||
| Q3 24 | 2.8% | 0.9% | ||
| Q2 24 | 3.0% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.52× | 0.68× | ||
| Q3 25 | 2.08× | 1.30× | ||
| Q2 25 | 3.08× | 2.87× | ||
| Q1 25 | — | 2.39× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | 1.31× | — | ||
| Q2 24 | 1.01× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KOP
| Other | $127.8M | 30% |
| Railroad Treated Products | $119.0M | 28% |
| Utility Poles | $79.8M | 18% |
| Pitch And Related Products | $74.1M | 17% |
| Carbon Black Feedstock And Distillates | $14.4M | 3% |
| Railroad Infrastructure Products And Services | $9.9M | 2% |
| Phthalic Anhydride Naphthalene And Other Chemicals | $7.7M | 2% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
