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Side-by-side financial comparison of LA-Z-BOY INC (LZB) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.

LA-Z-BOY INC is the larger business by last-quarter revenue ($541.6M vs $430.0M, roughly 1.3× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 4.0%, a 3.6% gap on every dollar of revenue. On growth, LA-Z-BOY INC posted the faster year-over-year revenue change (3.8% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $71.6M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -1.1%).

La-Z-Boy Inc. is an American furniture manufacturer based in Monroe, Michigan, United States, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.

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.

LZB vs PEGA — Head-to-Head

Bigger by revenue
LZB
LZB
1.3× larger
LZB
$541.6M
$430.0M
PEGA
Growing faster (revenue YoY)
LZB
LZB
+13.4% gap
LZB
3.8%
-9.6%
PEGA
Higher net margin
PEGA
PEGA
3.6% more per $
PEGA
7.6%
4.0%
LZB
More free cash flow
PEGA
PEGA
$135.0M more FCF
PEGA
$206.5M
$71.6M
LZB
Faster 2-yr revenue CAGR
PEGA
PEGA
Annualised
PEGA
10.7%
-1.1%
LZB

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
LZB
LZB
PEGA
PEGA
Revenue
$541.6M
$430.0M
Net Profit
$21.6M
$32.8M
Gross Margin
43.1%
75.2%
Operating Margin
5.5%
8.6%
Net Margin
4.0%
7.6%
Revenue YoY
3.8%
-9.6%
Net Profit YoY
-23.8%
EPS (diluted)
$0.52
$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
LZB
LZB
PEGA
PEGA
Q1 26
$541.6M
$430.0M
Q4 25
$522.5M
$504.3M
Q3 25
$492.2M
$381.4M
Q2 25
$570.9M
$384.5M
Q1 25
$521.8M
$475.6M
Q4 24
$521.0M
$490.8M
Q3 24
$495.5M
$325.1M
Q2 24
$553.5M
$351.2M
Net Profit
LZB
LZB
PEGA
PEGA
Q1 26
$21.6M
$32.8M
Q4 25
$28.9M
$234.6M
Q3 25
$18.2M
$43.4M
Q2 25
$14.9M
$30.1M
Q1 25
$28.4M
$85.4M
Q4 24
$30.0M
$119.1M
Q3 24
$26.2M
$-14.4M
Q2 24
$39.3M
$6.6M
Gross Margin
LZB
LZB
PEGA
PEGA
Q1 26
43.1%
75.2%
Q4 25
44.2%
79.5%
Q3 25
42.5%
72.2%
Q2 25
44.0%
71.5%
Q1 25
44.3%
78.5%
Q4 24
44.3%
79.1%
Q3 24
43.1%
70.2%
Q2 24
43.4%
72.4%
Operating Margin
LZB
LZB
PEGA
PEGA
Q1 26
5.5%
8.6%
Q4 25
6.9%
20.7%
Q3 25
4.5%
3.8%
Q2 25
5.2%
4.5%
Q1 25
6.7%
26.7%
Q4 24
7.4%
29.1%
Q3 24
6.5%
-3.6%
Q2 24
9.1%
3.7%
Net Margin
LZB
LZB
PEGA
PEGA
Q1 26
4.0%
7.6%
Q4 25
5.5%
46.5%
Q3 25
3.7%
11.4%
Q2 25
2.6%
7.8%
Q1 25
5.4%
18.0%
Q4 24
5.8%
24.3%
Q3 24
5.3%
-4.4%
Q2 24
7.1%
1.9%
EPS (diluted)
LZB
LZB
PEGA
PEGA
Q1 26
$0.52
$0.18
Q4 25
$0.70
$0.81
Q3 25
$0.44
$0.24
Q2 25
$0.35
$0.17
Q1 25
$0.68
$0.91
Q4 24
$0.71
$1.35
Q3 24
$0.61
$-0.17
Q2 24
$0.91
$0.07

Balance Sheet & Financial Strength

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

Metric
LZB
LZB
PEGA
PEGA
Cash + ST InvestmentsLiquidity on hand
$306.1M
$270.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$705.9M
Total Assets
$2.1B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LZB
LZB
PEGA
PEGA
Q1 26
$306.1M
$270.0M
Q4 25
$338.5M
$425.8M
Q3 25
$318.5M
$351.4M
Q2 25
$328.4M
$411.6M
Q1 25
$314.6M
$371.7M
Q4 24
$303.1M
$740.0M
Q3 24
$342.3M
$703.0M
Q2 24
$341.1M
$665.1M
Stockholders' Equity
LZB
LZB
PEGA
PEGA
Q1 26
$1.0B
$705.9M
Q4 25
$1.0B
$787.4M
Q3 25
$1.0B
$596.8M
Q2 25
$1.0B
$624.5M
Q1 25
$1.0B
$611.3M
Q4 24
$1.0B
$585.5M
Q3 24
$999.2M
$473.0M
Q2 24
$1.0B
$435.4M
Total Assets
LZB
LZB
PEGA
PEGA
Q1 26
$2.1B
$1.6B
Q4 25
$2.0B
$1.6B
Q3 25
$1.9B
$1.3B
Q2 25
$1.9B
$1.3B
Q1 25
$2.0B
$1.3B
Q4 24
$1.9B
$1.8B
Q3 24
$1.9B
$1.6B
Q2 24
$1.9B
$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
LZB
LZB
PEGA
PEGA
Operating Cash FlowLast quarter
$89.4M
Free Cash FlowOCF − Capex
$71.6M
$206.5M
FCF MarginFCF / Revenue
13.2%
48.0%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
4.13×
TTM Free Cash FlowTrailing 4 quarters
$158.2M
$494.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LZB
LZB
PEGA
PEGA
Q1 26
$89.4M
Q4 25
$50.0M
$158.4M
Q3 25
$36.3M
$56.3M
Q2 25
$62.0M
$86.3M
Q1 25
$57.0M
$204.2M
Q4 24
$15.9M
$95.2M
Q3 24
$52.3M
$30.5M
Q2 24
$52.8M
$40.1M
Free Cash Flow
LZB
LZB
PEGA
PEGA
Q1 26
$71.6M
$206.5M
Q4 25
$29.6M
$152.4M
Q3 25
$17.8M
$51.8M
Q2 25
$39.3M
$84.1M
Q1 25
$38.2M
$202.3M
Q4 24
$-1.2M
$92.4M
Q3 24
$36.7M
$27.4M
Q2 24
$37.3M
$38.8M
FCF Margin
LZB
LZB
PEGA
PEGA
Q1 26
13.2%
48.0%
Q4 25
5.7%
30.2%
Q3 25
3.6%
13.6%
Q2 25
6.9%
21.9%
Q1 25
7.3%
42.5%
Q4 24
-0.2%
18.8%
Q3 24
7.4%
8.4%
Q2 24
6.7%
11.1%
Capex Intensity
LZB
LZB
PEGA
PEGA
Q1 26
3.3%
Q4 25
3.9%
1.2%
Q3 25
3.8%
1.2%
Q2 25
4.0%
0.6%
Q1 25
3.6%
0.4%
Q4 24
3.3%
0.6%
Q3 24
3.2%
0.9%
Q2 24
2.8%
0.4%
Cash Conversion
LZB
LZB
PEGA
PEGA
Q1 26
4.13×
Q4 25
1.73×
0.68×
Q3 25
1.99×
1.30×
Q2 25
4.15×
2.87×
Q1 25
2.01×
2.39×
Q4 24
0.53×
0.80×
Q3 24
2.00×
Q2 24
1.34×
6.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LZB
LZB

Stationary Upholstery Furniture$286.2M53%
Retail Segment$251.9M47%

PEGA
PEGA

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

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