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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $287.8M, roughly 1.5× QUINSTREET, INC). QUINSTREET, INC runs the higher net margin — 17.4% vs 7.6%, a 9.8% gap on every dollar of revenue. On growth, QUINSTREET, INC posted the faster year-over-year revenue change (1.9% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $20.7M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs 10.7%).
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.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
PEGA vs QNST — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $430.0M | $287.8M |
| Net Profit | $32.8M | $50.2M |
| Gross Margin | 75.2% | 9.6% |
| Operating Margin | 8.6% | 0.4% |
| Net Margin | 7.6% | 17.4% |
| Revenue YoY | -9.6% | 1.9% |
| Net Profit YoY | — | 3342.5% |
| EPS (diluted) | $0.18 | $0.87 |
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 | $287.8M | ||
| Q3 25 | $381.4M | $285.9M | ||
| Q2 25 | $384.5M | — | ||
| Q1 25 | $475.6M | $269.8M | ||
| Q4 24 | $490.8M | $282.6M | ||
| Q3 24 | $325.1M | $279.2M | ||
| Q2 24 | $351.2M | $198.3M |
| Q1 26 | $32.8M | — | ||
| Q4 25 | $234.6M | $50.2M | ||
| Q3 25 | $43.4M | $4.5M | ||
| Q2 25 | $30.1M | — | ||
| Q1 25 | $85.4M | $4.4M | ||
| Q4 24 | $119.1M | $-1.5M | ||
| Q3 24 | $-14.4M | $-1.4M | ||
| Q2 24 | $6.6M | $-2.2M |
| Q1 26 | 75.2% | — | ||
| Q4 25 | 79.5% | 9.6% | ||
| Q3 25 | 72.2% | 9.4% | ||
| Q2 25 | 71.5% | — | ||
| Q1 25 | 78.5% | 10.3% | ||
| Q4 24 | 79.1% | 9.5% | ||
| Q3 24 | 70.2% | 10.2% | ||
| Q2 24 | 72.4% | 8.8% |
| Q1 26 | 8.6% | — | ||
| Q4 25 | 20.7% | 0.4% | ||
| Q3 25 | 3.8% | 1.7% | ||
| Q2 25 | 4.5% | — | ||
| Q1 25 | 26.7% | 1.8% | ||
| Q4 24 | 29.1% | -0.5% | ||
| Q3 24 | -3.6% | -0.4% | ||
| Q2 24 | 3.7% | -0.7% |
| Q1 26 | 7.6% | — | ||
| Q4 25 | 46.5% | 17.4% | ||
| Q3 25 | 11.4% | 1.6% | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 18.0% | 1.6% | ||
| Q4 24 | 24.3% | -0.5% | ||
| Q3 24 | -4.4% | -0.5% | ||
| Q2 24 | 1.9% | -1.1% |
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.81 | $0.87 | ||
| Q3 25 | $0.24 | $0.08 | ||
| Q2 25 | $0.17 | — | ||
| Q1 25 | $0.91 | $0.08 | ||
| Q4 24 | $1.35 | $-0.03 | ||
| Q3 24 | $-0.17 | $-0.02 | ||
| Q2 24 | $0.07 | $-0.04 |
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 | $107.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $705.9M | $294.4M |
| Total Assets | $1.6B | $493.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $270.0M | — | ||
| Q4 25 | $425.8M | $107.0M | ||
| Q3 25 | $351.4M | $101.3M | ||
| Q2 25 | $411.6M | — | ||
| Q1 25 | $371.7M | $81.8M | ||
| Q4 24 | $740.0M | $57.8M | ||
| Q3 24 | $703.0M | $25.0M | ||
| Q2 24 | $665.1M | $50.5M |
| Q1 26 | $705.9M | — | ||
| Q4 25 | $787.4M | $294.4M | ||
| Q3 25 | $596.8M | $246.7M | ||
| Q2 25 | $624.5M | — | ||
| Q1 25 | $611.3M | $235.5M | ||
| Q4 24 | $585.5M | $224.3M | ||
| Q3 24 | $473.0M | $219.8M | ||
| Q2 24 | $435.4M | $216.8M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $493.0M | ||
| Q3 25 | $1.3B | $442.6M | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | $417.2M | ||
| Q4 24 | $1.8B | $409.6M | ||
| Q3 24 | $1.6B | $401.2M | ||
| Q2 24 | $1.5B | $368.5M |
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 | — | $21.6M |
| Free Cash FlowOCF − Capex | $206.5M | $20.7M |
| FCF MarginFCF / Revenue | 48.0% | 7.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | $494.9M | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $158.4M | $21.6M | ||
| Q3 25 | $56.3M | $19.6M | ||
| Q2 25 | $86.3M | — | ||
| Q1 25 | $204.2M | $30.1M | ||
| Q4 24 | $95.2M | $38.7M | ||
| Q3 24 | $30.5M | $-13.7M | ||
| Q2 24 | $40.1M | $16.6M |
| Q1 26 | $206.5M | — | ||
| Q4 25 | $152.4M | $20.7M | ||
| Q3 25 | $51.8M | $18.4M | ||
| Q2 25 | $84.1M | — | ||
| Q1 25 | $202.3M | $29.5M | ||
| Q4 24 | $92.4M | $38.2M | ||
| Q3 24 | $27.4M | $-14.1M | ||
| Q2 24 | $38.8M | $15.4M |
| Q1 26 | 48.0% | — | ||
| Q4 25 | 30.2% | 7.2% | ||
| Q3 25 | 13.6% | 6.4% | ||
| Q2 25 | 21.9% | — | ||
| Q1 25 | 42.5% | 10.9% | ||
| Q4 24 | 18.8% | 13.5% | ||
| Q3 24 | 8.4% | -5.1% | ||
| Q2 24 | 11.1% | 7.8% |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 0.3% | ||
| Q3 25 | 1.2% | 0.4% | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.6% | 0.2% | ||
| Q3 24 | 0.9% | 0.2% | ||
| Q2 24 | 0.4% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 0.43× | ||
| Q3 25 | 1.30× | 4.32× | ||
| Q2 25 | 2.87× | — | ||
| Q1 25 | 2.39× | 6.82× | ||
| 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
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
