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Side-by-side financial comparison of NNN REIT, INC. (NNN) 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 $240.4M, roughly 1.8× NNN REIT, INC.). NNN REIT, INC. runs the higher net margin — 39.1% vs 7.6%, a 31.5% gap on every dollar of revenue. On growth, NNN REIT, INC. posted the faster year-over-year revenue change (4.1% vs -9.6%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 5.3%).
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida.
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.
NNN vs PEGA — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $240.4M | $430.0M |
| Net Profit | $94.0M | $32.8M |
| Gross Margin | — | 75.2% |
| Operating Margin | 61.0% | 8.6% |
| Net Margin | 39.1% | 7.6% |
| Revenue YoY | 4.1% | -9.6% |
| Net Profit YoY | -2.6% | — |
| EPS (diluted) | $0.50 | $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 | $240.4M | $430.0M | ||
| Q4 25 | $238.4M | $504.3M | ||
| Q3 25 | $230.2M | $381.4M | ||
| Q2 25 | $226.8M | $384.5M | ||
| Q1 25 | $230.9M | $475.6M | ||
| Q4 24 | $218.5M | $490.8M | ||
| Q3 24 | $218.6M | $325.1M | ||
| Q2 24 | $216.8M | $351.2M |
| Q1 26 | $94.0M | $32.8M | ||
| Q4 25 | $96.0M | $234.6M | ||
| Q3 25 | $96.8M | $43.4M | ||
| Q2 25 | $100.5M | $30.1M | ||
| Q1 25 | $96.5M | $85.4M | ||
| Q4 24 | $97.9M | $119.1M | ||
| Q3 24 | $97.9M | $-14.4M | ||
| Q2 24 | $106.7M | $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 | 61.0% | 8.6% | ||
| Q4 25 | 62.3% | 20.7% | ||
| Q3 25 | 64.0% | 3.8% | ||
| Q2 25 | 66.0% | 4.5% | ||
| Q1 25 | 62.3% | 26.7% | ||
| Q4 24 | 65.8% | 29.1% | ||
| Q3 24 | 65.7% | -3.6% | ||
| Q2 24 | 70.2% | 3.7% |
| Q1 26 | 39.1% | 7.6% | ||
| Q4 25 | 40.2% | 46.5% | ||
| Q3 25 | 42.1% | 11.4% | ||
| Q2 25 | 44.3% | 7.8% | ||
| Q1 25 | 41.8% | 18.0% | ||
| Q4 24 | 44.8% | 24.3% | ||
| Q3 24 | 44.8% | -4.4% | ||
| Q2 24 | 49.2% | 1.9% |
| Q1 26 | $0.50 | $0.18 | ||
| Q4 25 | $0.51 | $0.81 | ||
| Q3 25 | $0.51 | $0.24 | ||
| Q2 25 | $0.54 | $0.17 | ||
| Q1 25 | $0.51 | $0.91 | ||
| Q4 24 | $0.52 | $1.35 | ||
| Q3 24 | $0.53 | $-0.17 | ||
| Q2 24 | $0.58 | $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 | $4.6M | $270.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.4B | $705.9M |
| Total Assets | $9.4B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.6M | $270.0M | ||
| Q4 25 | $5.0M | $425.8M | ||
| Q3 25 | $157.9M | $351.4M | ||
| Q2 25 | $6.0M | $411.6M | ||
| Q1 25 | $5.1M | $371.7M | ||
| Q4 24 | $8.7M | $740.0M | ||
| Q3 24 | $173.5M | $703.0M | ||
| Q2 24 | $2.1M | $665.1M |
| Q1 26 | $4.4B | $705.9M | ||
| Q4 25 | $4.4B | $787.4M | ||
| Q3 25 | $4.4B | $596.8M | ||
| Q2 25 | $4.4B | $624.5M | ||
| Q1 25 | $4.4B | $611.3M | ||
| Q4 24 | $4.4B | $585.5M | ||
| Q3 24 | $4.4B | $473.0M | ||
| Q2 24 | $4.2B | $435.4M |
| Q1 26 | $9.4B | $1.6B | ||
| Q4 25 | $9.4B | $1.6B | ||
| Q3 25 | $9.5B | $1.3B | ||
| Q2 25 | $9.1B | $1.3B | ||
| Q1 25 | $9.0B | $1.3B | ||
| Q4 24 | $8.9B | $1.8B | ||
| Q3 24 | $8.9B | $1.6B | ||
| Q2 24 | $8.7B | $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 | — | — |
| Free Cash FlowOCF − Capex | — | $206.5M |
| FCF MarginFCF / Revenue | — | 48.0% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $667.1M | $158.4M | ||
| Q3 25 | $218.3M | $56.3M | ||
| Q2 25 | $119.4M | $86.3M | ||
| Q1 25 | $203.3M | $204.2M | ||
| Q4 24 | $635.5M | $95.2M | ||
| Q3 24 | $206.6M | $30.5M | ||
| Q2 24 | $120.5M | $40.1M |
| 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 |
| 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% |
| Q1 26 | — | — | ||
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | 6.95× | 0.68× | ||
| Q3 25 | 2.25× | 1.30× | ||
| Q2 25 | 1.19× | 2.87× | ||
| Q1 25 | 2.11× | 2.39× | ||
| Q4 24 | 6.49× | 0.80× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 1.13× | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NNN
Segment breakdown not available.
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
