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Side-by-side financial comparison of Legence Corp. (LGN) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.

Legence Corp. is the larger business by last-quarter revenue ($708.0M vs $430.0M, roughly 1.6× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -0.1%, a 7.7% gap on every dollar of revenue. On growth, Legence Corp. posted the faster year-over-year revenue change (26.2% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $137.4M).

Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.

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.

LGN vs PEGA — Head-to-Head

Bigger by revenue
LGN
LGN
1.6× larger
LGN
$708.0M
$430.0M
PEGA
Growing faster (revenue YoY)
LGN
LGN
+35.8% gap
LGN
26.2%
-9.6%
PEGA
Higher net margin
PEGA
PEGA
7.7% more per $
PEGA
7.6%
-0.1%
LGN
More free cash flow
PEGA
PEGA
$69.1M more FCF
PEGA
$206.5M
$137.4M
LGN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
LGN
LGN
PEGA
PEGA
Revenue
$708.0M
$430.0M
Net Profit
$-576.0K
$32.8M
Gross Margin
20.9%
75.2%
Operating Margin
5.3%
8.6%
Net Margin
-0.1%
7.6%
Revenue YoY
26.2%
-9.6%
Net Profit YoY
46.8%
EPS (diluted)
$-0.02
$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
LGN
LGN
PEGA
PEGA
Q1 26
$430.0M
Q4 25
$504.3M
Q3 25
$708.0M
$381.4M
Q2 25
$384.5M
Q1 25
$475.6M
Q4 24
$490.8M
Q3 24
$560.8M
$325.1M
Q2 24
$351.2M
Net Profit
LGN
LGN
PEGA
PEGA
Q1 26
$32.8M
Q4 25
$234.6M
Q3 25
$-576.0K
$43.4M
Q2 25
$30.1M
Q1 25
$85.4M
Q4 24
$119.1M
Q3 24
$-1.1M
$-14.4M
Q2 24
$6.6M
Gross Margin
LGN
LGN
PEGA
PEGA
Q1 26
75.2%
Q4 25
79.5%
Q3 25
20.9%
72.2%
Q2 25
71.5%
Q1 25
78.5%
Q4 24
79.1%
Q3 24
21.1%
70.2%
Q2 24
72.4%
Operating Margin
LGN
LGN
PEGA
PEGA
Q1 26
8.6%
Q4 25
20.7%
Q3 25
5.3%
3.8%
Q2 25
4.5%
Q1 25
26.7%
Q4 24
29.1%
Q3 24
4.8%
-3.6%
Q2 24
3.7%
Net Margin
LGN
LGN
PEGA
PEGA
Q1 26
7.6%
Q4 25
46.5%
Q3 25
-0.1%
11.4%
Q2 25
7.8%
Q1 25
18.0%
Q4 24
24.3%
Q3 24
-0.2%
-4.4%
Q2 24
1.9%
EPS (diluted)
LGN
LGN
PEGA
PEGA
Q1 26
$0.18
Q4 25
$0.81
Q3 25
$-0.02
$0.24
Q2 25
$0.17
Q1 25
$0.91
Q4 24
$1.35
Q3 24
$-0.17
Q2 24
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LGN
LGN
PEGA
PEGA
Cash + ST InvestmentsLiquidity on hand
$176.0M
$270.0M
Total DebtLower is stronger
$812.6M
Stockholders' EquityBook value
$387.9M
$705.9M
Total Assets
$2.6B
$1.6B
Debt / EquityLower = less leverage
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LGN
LGN
PEGA
PEGA
Q1 26
$270.0M
Q4 25
$425.8M
Q3 25
$176.0M
$351.4M
Q2 25
$411.6M
Q1 25
$371.7M
Q4 24
$740.0M
Q3 24
$703.0M
Q2 24
$665.1M
Total Debt
LGN
LGN
PEGA
PEGA
Q1 26
Q4 25
Q3 25
$812.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
LGN
LGN
PEGA
PEGA
Q1 26
$705.9M
Q4 25
$787.4M
Q3 25
$387.9M
$596.8M
Q2 25
$624.5M
Q1 25
$611.3M
Q4 24
$585.5M
Q3 24
$473.0M
Q2 24
$435.4M
Total Assets
LGN
LGN
PEGA
PEGA
Q1 26
$1.6B
Q4 25
$1.6B
Q3 25
$2.6B
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.8B
Q3 24
$1.6B
Q2 24
$1.5B
Debt / Equity
LGN
LGN
PEGA
PEGA
Q1 26
Q4 25
Q3 25
2.10×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
LGN
LGN
PEGA
PEGA
Operating Cash FlowLast quarter
$162.1M
Free Cash FlowOCF − Capex
$137.4M
$206.5M
FCF MarginFCF / Revenue
19.4%
48.0%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$494.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LGN
LGN
PEGA
PEGA
Q1 26
Q4 25
$158.4M
Q3 25
$162.1M
$56.3M
Q2 25
$86.3M
Q1 25
$204.2M
Q4 24
$95.2M
Q3 24
$30.5M
Q2 24
$40.1M
Free Cash Flow
LGN
LGN
PEGA
PEGA
Q1 26
$206.5M
Q4 25
$152.4M
Q3 25
$137.4M
$51.8M
Q2 25
$84.1M
Q1 25
$202.3M
Q4 24
$92.4M
Q3 24
$27.4M
Q2 24
$38.8M
FCF Margin
LGN
LGN
PEGA
PEGA
Q1 26
48.0%
Q4 25
30.2%
Q3 25
19.4%
13.6%
Q2 25
21.9%
Q1 25
42.5%
Q4 24
18.8%
Q3 24
8.4%
Q2 24
11.1%
Capex Intensity
LGN
LGN
PEGA
PEGA
Q1 26
Q4 25
1.2%
Q3 25
3.5%
1.2%
Q2 25
0.6%
Q1 25
0.4%
Q4 24
0.6%
Q3 24
0.9%
Q2 24
0.4%
Cash Conversion
LGN
LGN
PEGA
PEGA
Q1 26
Q4 25
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

LGN
LGN

Installation And Fabrication$408.7M58%
Engineering And Design$110.9M16%
Program And Project Management$101.2M14%
Maintenance And Service$87.1M12%

PEGA
PEGA

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

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