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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and Primerica, Inc. (PRI). Click either name above to swap in a different company.
Primerica, Inc. is the larger business by last-quarter revenue ($853.7M vs $430.0M, roughly 2.0× PEGASYSTEMS INC). Primerica, Inc. runs the higher net margin — 23.1% vs 7.6%, a 15.5% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs -9.6%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 7.2%).
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.
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
PEGA vs PRI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $430.0M | $853.7M |
| Net Profit | $32.8M | $197.0M |
| Gross Margin | 75.2% | — |
| Operating Margin | 8.6% | 28.9% |
| Net Margin | 7.6% | 23.1% |
| Revenue YoY | -9.6% | 11.0% |
| Net Profit YoY | -61.6% | 17.9% |
| EPS (diluted) | $0.18 | $6.11 |
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 | $504.3M | $853.7M | ||
| Q3 25 | $381.4M | $839.9M | ||
| Q2 25 | $384.5M | $793.3M | ||
| Q1 25 | $475.6M | $804.8M | ||
| Q4 24 | $490.8M | $768.8M | ||
| Q3 24 | $325.1M | $774.1M | ||
| Q2 24 | $351.2M | $803.4M |
| Q1 26 | $32.8M | — | ||
| Q4 25 | $234.6M | $197.0M | ||
| Q3 25 | $43.4M | $206.8M | ||
| Q2 25 | $30.1M | $178.3M | ||
| Q1 25 | $85.4M | $169.1M | ||
| Q4 24 | $119.1M | $167.1M | ||
| Q3 24 | $-14.4M | $164.4M | ||
| Q2 24 | $6.6M | $1.2M |
| 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% | 98.0% |
| Q1 26 | 8.6% | — | ||
| Q4 25 | 20.7% | 28.9% | ||
| Q3 25 | 3.8% | 32.3% | ||
| Q2 25 | 4.5% | 29.6% | ||
| Q1 25 | 26.7% | 27.5% | ||
| Q4 24 | 29.1% | 64.7% | ||
| Q3 24 | -3.6% | 32.9% | ||
| Q2 24 | 3.7% | 1.0% |
| Q1 26 | 7.6% | — | ||
| Q4 25 | 46.5% | 23.1% | ||
| Q3 25 | 11.4% | 24.6% | ||
| Q2 25 | 7.8% | 22.5% | ||
| Q1 25 | 18.0% | 21.0% | ||
| Q4 24 | 24.3% | 21.7% | ||
| Q3 24 | -4.4% | 21.2% | ||
| Q2 24 | 1.9% | 0.1% |
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.81 | $6.11 | ||
| Q3 25 | $0.24 | $6.35 | ||
| Q2 25 | $0.17 | $5.40 | ||
| Q1 25 | $0.91 | $5.05 | ||
| Q4 24 | $1.35 | $4.92 | ||
| Q3 24 | $-0.17 | $4.83 | ||
| Q2 24 | $0.07 | $0.03 |
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 | $756.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $705.9M | $2.4B |
| Total Assets | $1.6B | $15.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $270.0M | — | ||
| Q4 25 | $425.8M | $756.2M | ||
| Q3 25 | $351.4M | $644.9M | ||
| Q2 25 | $411.6M | $621.2M | ||
| Q1 25 | $371.7M | $625.1M | ||
| Q4 24 | $740.0M | $687.8M | ||
| Q3 24 | $703.0M | $550.1M | ||
| Q2 24 | $665.1M | $627.3M |
| Q1 26 | $705.9M | — | ||
| Q4 25 | $787.4M | $2.4B | ||
| Q3 25 | $596.8M | $2.3B | ||
| Q2 25 | $624.5M | $2.3B | ||
| Q1 25 | $611.3M | $2.3B | ||
| Q4 24 | $585.5M | $2.3B | ||
| Q3 24 | $473.0M | $1.9B | ||
| Q2 24 | $435.4M | $2.1B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $15.0B | ||
| Q3 25 | $1.3B | $14.8B | ||
| Q2 25 | $1.3B | $14.8B | ||
| Q1 25 | $1.3B | $14.6B | ||
| Q4 24 | $1.8B | $14.6B | ||
| Q3 24 | $1.6B | $14.8B | ||
| Q2 24 | $1.5B | $14.6B |
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 | — | $338.2M |
| Free Cash FlowOCF − Capex | $206.5M | — |
| FCF MarginFCF / Revenue | 48.0% | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $494.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $158.4M | $338.2M | ||
| Q3 25 | $56.3M | $202.9M | ||
| Q2 25 | $86.3M | $162.6M | ||
| Q1 25 | $204.2M | $197.5M | ||
| Q4 24 | $95.2M | $270.6M | ||
| Q3 24 | $30.5M | $207.3M | ||
| Q2 24 | $40.1M | $173.3M |
| 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 | 0.68× | 1.72× | ||
| Q3 25 | 1.30× | 0.98× | ||
| Q2 25 | 2.87× | 0.91× | ||
| Q1 25 | 2.39× | 1.17× | ||
| Q4 24 | 0.80× | 1.62× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | 6.06× | 147.98× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
