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Side-by-side financial comparison of KILROY REALTY CORP (KRC) 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 $272.2M, roughly 1.6× KILROY REALTY CORP). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 6.3%, a 1.3% gap on every dollar of revenue. On growth, KILROY REALTY CORP posted the faster year-over-year revenue change (-5.0% vs -9.6%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $206.5M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -1.2%).
Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.
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.
KRC vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $272.2M | $430.0M |
| Net Profit | $17.1M | $32.8M |
| Gross Margin | — | 75.2% |
| Operating Margin | — | 8.6% |
| Net Margin | 6.3% | 7.6% |
| Revenue YoY | -5.0% | -9.6% |
| Net Profit YoY | -73.7% | — |
| EPS (diluted) | $0.11 | $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 | $272.2M | $504.3M | ||
| Q3 25 | $279.7M | $381.4M | ||
| Q2 25 | $289.9M | $384.5M | ||
| Q1 25 | $270.8M | $475.6M | ||
| Q4 24 | $286.4M | $490.8M | ||
| Q3 24 | $289.9M | $325.1M | ||
| Q2 24 | $280.7M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $17.1M | $234.6M | ||
| Q3 25 | $162.3M | $43.4M | ||
| Q2 25 | $79.6M | $30.1M | ||
| Q1 25 | $43.7M | $85.4M | ||
| Q4 24 | $65.0M | $119.1M | ||
| Q3 24 | $57.7M | $-14.4M | ||
| Q2 24 | $54.5M | $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 | — | 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% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 6.3% | 46.5% | ||
| Q3 25 | 58.0% | 11.4% | ||
| Q2 25 | 27.4% | 7.8% | ||
| Q1 25 | 16.1% | 18.0% | ||
| Q4 24 | 22.7% | 24.3% | ||
| Q3 24 | 19.9% | -4.4% | ||
| Q2 24 | 19.4% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.11 | $0.81 | ||
| Q3 25 | $1.31 | $0.24 | ||
| Q2 25 | $0.57 | $0.17 | ||
| Q1 25 | $0.33 | $0.91 | ||
| Q4 24 | $0.50 | $1.35 | ||
| Q3 24 | $0.44 | $-0.17 | ||
| Q2 24 | $0.41 | $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 | $179.3M | $270.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.4B | $705.9M |
| Total Assets | $10.9B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $179.3M | $425.8M | ||
| Q3 25 | $372.4M | $351.4M | ||
| Q2 25 | $193.1M | $411.6M | ||
| Q1 25 | $146.7M | $371.7M | ||
| Q4 24 | $165.7M | $740.0M | ||
| Q3 24 | $625.4M | $703.0M | ||
| Q2 24 | $835.9M | $665.1M |
| Q1 26 | — | $705.9M | ||
| Q4 25 | $5.4B | $787.4M | ||
| Q3 25 | $5.5B | $596.8M | ||
| Q2 25 | $5.4B | $624.5M | ||
| Q1 25 | $5.4B | $611.3M | ||
| Q4 24 | $5.4B | $585.5M | ||
| Q3 24 | $5.4B | $473.0M | ||
| Q2 24 | $5.4B | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $10.9B | $1.6B | ||
| Q3 25 | $11.0B | $1.3B | ||
| Q2 25 | $10.9B | $1.3B | ||
| Q1 25 | $10.9B | $1.3B | ||
| Q4 24 | $10.9B | $1.8B | ||
| Q3 24 | $11.4B | $1.6B | ||
| Q2 24 | $11.5B | $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 | $566.3M | — |
| Free Cash FlowOCF − Capex | $450.3M | $206.5M |
| FCF MarginFCF / Revenue | 165.4% | 48.0% |
| Capex IntensityCapex / Revenue | 42.6% | — |
| Cash ConversionOCF / Net Profit | 33.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $833.0M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $566.3M | $158.4M | ||
| Q3 25 | $176.6M | $56.3M | ||
| Q2 25 | $143.7M | $86.3M | ||
| Q1 25 | $136.9M | $204.2M | ||
| Q4 24 | $541.1M | $95.2M | ||
| Q3 24 | $176.3M | $30.5M | ||
| Q2 24 | $88.7M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $450.3M | $152.4M | ||
| Q3 25 | $148.7M | $51.8M | ||
| Q2 25 | $118.4M | $84.1M | ||
| Q1 25 | $115.6M | $202.3M | ||
| Q4 24 | $440.8M | $92.4M | ||
| Q3 24 | $147.2M | $27.4M | ||
| Q2 24 | $69.5M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | 165.4% | 30.2% | ||
| Q3 25 | 53.1% | 13.6% | ||
| Q2 25 | 40.9% | 21.9% | ||
| Q1 25 | 42.7% | 42.5% | ||
| Q4 24 | 153.9% | 18.8% | ||
| Q3 24 | 50.8% | 8.4% | ||
| Q2 24 | 24.7% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 42.6% | 1.2% | ||
| Q3 25 | 10.0% | 1.2% | ||
| Q2 25 | 8.7% | 0.6% | ||
| Q1 25 | 7.9% | 0.4% | ||
| Q4 24 | 35.0% | 0.6% | ||
| Q3 24 | 10.1% | 0.9% | ||
| Q2 24 | 6.8% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 33.10× | 0.68× | ||
| Q3 25 | 1.09× | 1.30× | ||
| Q2 25 | 1.81× | 2.87× | ||
| Q1 25 | 3.13× | 2.39× | ||
| Q4 24 | 8.32× | 0.80× | ||
| Q3 24 | 3.06× | — | ||
| Q2 24 | 1.63× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KRC
Segment breakdown not available.
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
