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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and ROYAL GOLD INC (RGLD). Click either name above to swap in a different company.

PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $375.3M, roughly 1.1× ROYAL GOLD INC). ROYAL GOLD INC runs the higher net margin — 24.9% vs 7.6%, a 17.3% gap on every dollar of revenue. On growth, ROYAL GOLD INC posted the faster year-over-year revenue change (85.3% vs -9.6%). Over the past eight quarters, ROYAL GOLD INC's revenue compounded faster (58.8% 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.

Royal Gold Inc. is a leading precious metals streaming and royalty firm that acquires and manages a diversified portfolio of streaming interests, royalties, and equity interests tied to mining projects. Its assets cover gold, silver, and copper production across North America, South America, Africa, and Australia, operating with a low-risk model that avoids direct mining operations.

PEGA vs RGLD — Head-to-Head

Bigger by revenue
PEGA
PEGA
1.1× larger
PEGA
$430.0M
$375.3M
RGLD
Growing faster (revenue YoY)
RGLD
RGLD
+94.9% gap
RGLD
85.3%
-9.6%
PEGA
Higher net margin
RGLD
RGLD
17.3% more per $
RGLD
24.9%
7.6%
PEGA
Faster 2-yr revenue CAGR
RGLD
RGLD
Annualised
RGLD
58.8%
10.7%
PEGA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PEGA
PEGA
RGLD
RGLD
Revenue
$430.0M
$375.3M
Net Profit
$32.8M
$93.6M
Gross Margin
75.2%
64.6%
Operating Margin
8.6%
56.2%
Net Margin
7.6%
24.9%
Revenue YoY
-9.6%
85.3%
Net Profit YoY
-12.8%
EPS (diluted)
$0.18
$1.04

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
RGLD
RGLD
Q1 26
$430.0M
Q4 25
$504.3M
$375.3M
Q3 25
$381.4M
$252.1M
Q2 25
$384.5M
$209.6M
Q1 25
$475.6M
$193.4M
Q4 24
$490.8M
$202.6M
Q3 24
$325.1M
$193.8M
Q2 24
$351.2M
$174.1M
Net Profit
PEGA
PEGA
RGLD
RGLD
Q1 26
$32.8M
Q4 25
$234.6M
$93.6M
Q3 25
$43.4M
$126.8M
Q2 25
$30.1M
$132.3M
Q1 25
$85.4M
$113.5M
Q4 24
$119.1M
$107.4M
Q3 24
$-14.4M
$96.2M
Q2 24
$6.6M
$81.2M
Gross Margin
PEGA
PEGA
RGLD
RGLD
Q1 26
75.2%
Q4 25
79.5%
64.6%
Q3 25
72.2%
73.6%
Q2 25
71.5%
72.6%
Q1 25
78.5%
69.4%
Q4 24
79.1%
70.3%
Q3 24
70.2%
66.6%
Q2 24
72.4%
64.7%
Operating Margin
PEGA
PEGA
RGLD
RGLD
Q1 26
8.6%
Q4 25
20.7%
56.2%
Q3 25
3.8%
64.4%
Q2 25
4.5%
67.7%
Q1 25
26.7%
63.6%
Q4 24
29.1%
65.9%
Q3 24
-3.6%
61.3%
Q2 24
3.7%
58.6%
Net Margin
PEGA
PEGA
RGLD
RGLD
Q1 26
7.6%
Q4 25
46.5%
24.9%
Q3 25
11.4%
50.3%
Q2 25
7.8%
63.1%
Q1 25
18.0%
58.7%
Q4 24
24.3%
53.0%
Q3 24
-4.4%
49.7%
Q2 24
1.9%
46.6%
EPS (diluted)
PEGA
PEGA
RGLD
RGLD
Q1 26
$0.18
Q4 25
$0.81
$1.04
Q3 25
$0.24
$1.92
Q2 25
$0.17
$2.01
Q1 25
$0.91
$1.72
Q4 24
$1.35
$1.63
Q3 24
$-0.17
$1.46
Q2 24
$0.07
$1.23

Balance Sheet & Financial Strength

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

Metric
PEGA
PEGA
RGLD
RGLD
Cash + ST InvestmentsLiquidity on hand
$270.0M
$233.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$705.9M
$7.2B
Total Assets
$1.6B
$9.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEGA
PEGA
RGLD
RGLD
Q1 26
$270.0M
Q4 25
$425.8M
$233.7M
Q3 25
$351.4M
$172.8M
Q2 25
$411.6M
$248.2M
Q1 25
$371.7M
$240.8M
Q4 24
$740.0M
$195.5M
Q3 24
$703.0M
$127.9M
Q2 24
$665.1M
$74.2M
Total Debt
PEGA
PEGA
RGLD
RGLD
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
$50.0M
Stockholders' Equity
PEGA
PEGA
RGLD
RGLD
Q1 26
$705.9M
Q4 25
$787.4M
$7.2B
Q3 25
$596.8M
$3.4B
Q2 25
$624.5M
$3.3B
Q1 25
$611.3M
$3.2B
Q4 24
$585.5M
$3.1B
Q3 24
$473.0M
$3.0B
Q2 24
$435.4M
$3.0B
Total Assets
PEGA
PEGA
RGLD
RGLD
Q1 26
$1.6B
Q4 25
$1.6B
$9.5B
Q3 25
$1.3B
$4.5B
Q2 25
$1.3B
$3.6B
Q1 25
$1.3B
$3.5B
Q4 24
$1.8B
$3.4B
Q3 24
$1.6B
$3.3B
Q2 24
$1.5B
$3.3B
Debt / Equity
PEGA
PEGA
RGLD
RGLD
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.02×

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
RGLD
RGLD
Operating Cash FlowLast quarter
$241.7M
Free Cash FlowOCF − Capex
$206.5M
FCF MarginFCF / Revenue
48.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.58×
TTM Free Cash FlowTrailing 4 quarters
$494.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEGA
PEGA
RGLD
RGLD
Q1 26
Q4 25
$158.4M
$241.7M
Q3 25
$56.3M
$174.0M
Q2 25
$86.3M
$152.8M
Q1 25
$204.2M
$136.4M
Q4 24
$95.2M
$141.1M
Q3 24
$30.5M
$136.7M
Q2 24
$40.1M
$113.5M
Free Cash Flow
PEGA
PEGA
RGLD
RGLD
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
FCF Margin
PEGA
PEGA
RGLD
RGLD
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%
Capex Intensity
PEGA
PEGA
RGLD
RGLD
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%
Cash Conversion
PEGA
PEGA
RGLD
RGLD
Q1 26
Q4 25
0.68×
2.58×
Q3 25
1.30×
1.37×
Q2 25
2.87×
1.15×
Q1 25
2.39×
1.20×
Q4 24
0.80×
1.31×
Q3 24
1.42×
Q2 24
6.06×
1.40×

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%

RGLD
RGLD

Gold$216.9M58%
Pueblo Viejo$47.3M13%
Andacollo$32.6M9%
Silver$32.1M9%
Other$27.2M7%
Copper$13.7M4%
Cortez Legacy Zone$5.4M1%

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