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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $212.2M, roughly 2.0× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 7.6%, a 11.2% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -9.6%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

PEGA vs RAMP — Head-to-Head

Bigger by revenue
PEGA
PEGA
2.0× larger
PEGA
$430.0M
$212.2M
RAMP
Growing faster (revenue YoY)
RAMP
RAMP
+18.2% gap
RAMP
8.6%
-9.6%
PEGA
Higher net margin
RAMP
RAMP
11.2% more per $
RAMP
18.8%
7.6%
PEGA
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
10.7%
PEGA

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
PEGA
PEGA
RAMP
RAMP
Revenue
$430.0M
$212.2M
Net Profit
$32.8M
$39.9M
Gross Margin
75.2%
71.9%
Operating Margin
8.6%
18.6%
Net Margin
7.6%
18.8%
Revenue YoY
-9.6%
8.6%
Net Profit YoY
255.7%
EPS (diluted)
$0.18
$0.62

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
PEGA
PEGA
RAMP
RAMP
Q1 26
$430.0M
Q4 25
$504.3M
$212.2M
Q3 25
$381.4M
$199.8M
Q2 25
$384.5M
$194.8M
Q1 25
$475.6M
$188.7M
Q4 24
$490.8M
$195.4M
Q3 24
$325.1M
$185.5M
Q2 24
$351.2M
$176.0M
Net Profit
PEGA
PEGA
RAMP
RAMP
Q1 26
$32.8M
Q4 25
$234.6M
$39.9M
Q3 25
$43.4M
$27.4M
Q2 25
$30.1M
$7.7M
Q1 25
$85.4M
$-6.3M
Q4 24
$119.1M
$11.2M
Q3 24
$-14.4M
$1.7M
Q2 24
$6.6M
$-7.5M
Gross Margin
PEGA
PEGA
RAMP
RAMP
Q1 26
75.2%
Q4 25
79.5%
71.9%
Q3 25
72.2%
70.2%
Q2 25
71.5%
70.1%
Q1 25
78.5%
69.3%
Q4 24
79.1%
71.9%
Q3 24
70.2%
72.4%
Q2 24
72.4%
70.6%
Operating Margin
PEGA
PEGA
RAMP
RAMP
Q1 26
8.6%
Q4 25
20.7%
18.6%
Q3 25
3.8%
10.7%
Q2 25
4.5%
3.7%
Q1 25
26.7%
-6.1%
Q4 24
29.1%
7.5%
Q3 24
-3.6%
4.0%
Q2 24
3.7%
-3.0%
Net Margin
PEGA
PEGA
RAMP
RAMP
Q1 26
7.6%
Q4 25
46.5%
18.8%
Q3 25
11.4%
13.7%
Q2 25
7.8%
4.0%
Q1 25
18.0%
-3.3%
Q4 24
24.3%
5.7%
Q3 24
-4.4%
0.9%
Q2 24
1.9%
-4.3%
EPS (diluted)
PEGA
PEGA
RAMP
RAMP
Q1 26
$0.18
Q4 25
$0.81
$0.62
Q3 25
$0.24
$0.42
Q2 25
$0.17
$0.12
Q1 25
$0.91
$-0.10
Q4 24
$1.35
$0.17
Q3 24
$-0.17
$0.03
Q2 24
$0.07
$-0.11

Balance Sheet & Financial Strength

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

Metric
PEGA
PEGA
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$270.0M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$705.9M
$962.3M
Total Assets
$1.6B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEGA
PEGA
RAMP
RAMP
Q1 26
$270.0M
Q4 25
$425.8M
$403.4M
Q3 25
$351.4M
$376.9M
Q2 25
$411.6M
$371.1M
Q1 25
$371.7M
$420.8M
Q4 24
$740.0M
$384.3M
Q3 24
$703.0M
$348.4M
Q2 24
$665.1M
$342.7M
Stockholders' Equity
PEGA
PEGA
RAMP
RAMP
Q1 26
$705.9M
Q4 25
$787.4M
$962.3M
Q3 25
$596.8M
$943.8M
Q2 25
$624.5M
$947.8M
Q1 25
$611.3M
$948.9M
Q4 24
$585.5M
$957.7M
Q3 24
$473.0M
$932.1M
Q2 24
$435.4M
$951.9M
Total Assets
PEGA
PEGA
RAMP
RAMP
Q1 26
$1.6B
Q4 25
$1.6B
$1.3B
Q3 25
$1.3B
$1.2B
Q2 25
$1.3B
$1.2B
Q1 25
$1.3B
$1.3B
Q4 24
$1.8B
$1.3B
Q3 24
$1.6B
$1.2B
Q2 24
$1.5B
$1.2B

Cash Flow & Capital Efficiency

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

Metric
PEGA
PEGA
RAMP
RAMP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$206.5M
FCF MarginFCF / Revenue
48.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$494.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEGA
PEGA
RAMP
RAMP
Q1 26
Q4 25
$158.4M
Q3 25
$56.3M
$57.4M
Q2 25
$86.3M
$-15.8M
Q1 25
$204.2M
Q4 24
$95.2M
$45.1M
Q3 24
$30.5M
$55.6M
Q2 24
$40.1M
$-9.3M
Free Cash Flow
PEGA
PEGA
RAMP
RAMP
Q1 26
$206.5M
Q4 25
$152.4M
Q3 25
$51.8M
$56.8M
Q2 25
$84.1M
$-16.2M
Q1 25
$202.3M
Q4 24
$92.4M
$44.8M
Q3 24
$27.4M
$55.4M
Q2 24
$38.8M
$-9.6M
FCF Margin
PEGA
PEGA
RAMP
RAMP
Q1 26
48.0%
Q4 25
30.2%
Q3 25
13.6%
28.4%
Q2 25
21.9%
-8.3%
Q1 25
42.5%
Q4 24
18.8%
22.9%
Q3 24
8.4%
29.8%
Q2 24
11.1%
-5.4%
Capex Intensity
PEGA
PEGA
RAMP
RAMP
Q1 26
Q4 25
1.2%
0.1%
Q3 25
1.2%
0.3%
Q2 25
0.6%
0.2%
Q1 25
0.4%
0.2%
Q4 24
0.6%
0.1%
Q3 24
0.9%
0.1%
Q2 24
0.4%
0.1%
Cash Conversion
PEGA
PEGA
RAMP
RAMP
Q1 26
Q4 25
0.68×
Q3 25
1.30×
2.09×
Q2 25
2.87×
-2.04×
Q1 25
2.39×
Q4 24
0.80×
4.02×
Q3 24
32.10×
Q2 24
6.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PEGA
PEGA

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

RAMP
RAMP

Segment breakdown not available.

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