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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and Shake Shack Inc. (SHAK). Click either name above to swap in a different company.
PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $366.7M, roughly 1.2× Shake Shack Inc.). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -0.1%, a 7.7% gap on every dollar of revenue. On growth, Shake Shack Inc. posted the faster year-over-year revenue change (14.3% vs -9.6%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 7.6%).
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.
Shake Shack is an American multinational fast casual restaurant chain based in New York City. It started out as a hot dog cart inside Madison Square Park in 2001, and its popularity steadily grew. In 2004, it received a permit to open a permanent kiosk within the park, expanding its menu from New York–style hot dogs to one with hamburgers, hot dogs, fries and its namesake milkshakes.
PEGA vs SHAK — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $430.0M | $366.7M |
| Net Profit | $32.8M | $-294.0K |
| Gross Margin | 75.2% | — |
| Operating Margin | 8.6% | — |
| Net Margin | 7.6% | -0.1% |
| Revenue YoY | -9.6% | 14.3% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.18 | $-0.01 |
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 | $366.7M | ||
| Q4 25 | $504.3M | $400.5M | ||
| Q3 25 | $381.4M | $367.4M | ||
| Q2 25 | $384.5M | $356.5M | ||
| Q1 25 | $475.6M | $320.9M | ||
| Q4 24 | $490.8M | $328.7M | ||
| Q3 24 | $325.1M | $316.9M | ||
| Q2 24 | $351.2M | $316.5M |
| Q1 26 | $32.8M | $-294.0K | ||
| Q4 25 | $234.6M | $11.8M | ||
| Q3 25 | $43.4M | $12.5M | ||
| Q2 25 | $30.1M | $17.1M | ||
| Q1 25 | $85.4M | $4.2M | ||
| Q4 24 | $119.1M | $8.7M | ||
| Q3 24 | $-14.4M | $-10.2M | ||
| Q2 24 | $6.6M | $9.7M |
| 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 | 8.6% | — | ||
| Q4 25 | 20.7% | 4.7% | ||
| Q3 25 | 3.8% | 5.0% | ||
| Q2 25 | 4.5% | 6.3% | ||
| Q1 25 | 26.7% | 0.9% | ||
| Q4 24 | 29.1% | 3.1% | ||
| Q3 24 | -3.6% | -5.7% | ||
| Q2 24 | 3.7% | 3.4% |
| Q1 26 | 7.6% | -0.1% | ||
| Q4 25 | 46.5% | 3.0% | ||
| Q3 25 | 11.4% | 3.4% | ||
| Q2 25 | 7.8% | 4.8% | ||
| Q1 25 | 18.0% | 1.3% | ||
| Q4 24 | 24.3% | 2.6% | ||
| Q3 24 | -4.4% | -3.2% | ||
| Q2 24 | 1.9% | 3.1% |
| Q1 26 | $0.18 | $-0.01 | ||
| Q4 25 | $0.81 | $0.28 | ||
| Q3 25 | $0.24 | $0.30 | ||
| Q2 25 | $0.17 | $0.41 | ||
| Q1 25 | $0.91 | $0.10 | ||
| Q4 24 | $1.35 | $0.22 | ||
| Q3 24 | $-0.17 | $-0.26 | ||
| Q2 24 | $0.07 | $0.23 |
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 | $313.6M |
| Total DebtLower is stronger | — | $248.0M |
| Stockholders' EquityBook value | $705.9M | $554.6M |
| Total Assets | $1.6B | $1.9B |
| Debt / EquityLower = less leverage | — | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $270.0M | $313.6M | ||
| Q4 25 | $425.8M | $360.1M | ||
| Q3 25 | $351.4M | $357.8M | ||
| Q2 25 | $411.6M | $336.8M | ||
| Q1 25 | $371.7M | $312.9M | ||
| Q4 24 | $740.0M | $320.7M | ||
| Q3 24 | $703.0M | $310.9M | ||
| Q2 24 | $665.1M | $304.4M |
| Q1 26 | — | $248.0M | ||
| Q4 25 | — | $247.7M | ||
| Q3 25 | — | $247.5M | ||
| Q2 25 | — | $247.2M | ||
| Q1 25 | — | $246.9M | ||
| Q4 24 | — | $246.7M | ||
| Q3 24 | — | $246.4M | ||
| Q2 24 | — | $246.2M |
| Q1 26 | $705.9M | $554.6M | ||
| Q4 25 | $787.4M | $525.3M | ||
| Q3 25 | $596.8M | $509.0M | ||
| Q2 25 | $624.5M | $494.1M | ||
| Q1 25 | $611.3M | $473.3M | ||
| Q4 24 | $585.5M | $470.0M | ||
| Q3 24 | $473.0M | $456.1M | ||
| Q2 24 | $435.4M | $462.4M |
| Q1 26 | $1.6B | $1.9B | ||
| Q4 25 | $1.6B | $1.9B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.6B | $1.7B | ||
| Q2 24 | $1.5B | $1.7B |
| Q1 26 | — | 0.45× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.52× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | 0.53× |
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 | — | $8.5M |
| 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 | — | $8.5M | ||
| Q4 25 | $158.4M | $63.1M | ||
| Q3 25 | $56.3M | $63.0M | ||
| Q2 25 | $86.3M | $65.0M | ||
| Q1 25 | $204.2M | $31.2M | ||
| Q4 24 | $95.2M | $45.1M | ||
| Q3 24 | $30.5M | $41.9M | ||
| Q2 24 | $40.1M | $53.5M |
| Q1 26 | $206.5M | — | ||
| Q4 25 | $152.4M | $4.0M | ||
| Q3 25 | $51.8M | $23.7M | ||
| Q2 25 | $84.1M | $26.9M | ||
| Q1 25 | $202.3M | $1.9M | ||
| Q4 24 | $92.4M | $10.4M | ||
| Q3 24 | $27.4M | $7.1M | ||
| Q2 24 | $38.8M | $20.6M |
| Q1 26 | 48.0% | — | ||
| Q4 25 | 30.2% | 1.0% | ||
| Q3 25 | 13.6% | 6.5% | ||
| Q2 25 | 21.9% | 7.5% | ||
| Q1 25 | 42.5% | 0.6% | ||
| Q4 24 | 18.8% | 3.2% | ||
| Q3 24 | 8.4% | 2.2% | ||
| Q2 24 | 11.1% | 6.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 14.8% | ||
| Q3 25 | 1.2% | 10.7% | ||
| Q2 25 | 0.6% | 10.7% | ||
| Q1 25 | 0.4% | 9.1% | ||
| Q4 24 | 0.6% | 10.6% | ||
| Q3 24 | 0.9% | 11.0% | ||
| Q2 24 | 0.4% | 10.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 5.34× | ||
| Q3 25 | 1.30× | 5.04× | ||
| Q2 25 | 2.87× | 3.79× | ||
| Q1 25 | 2.39× | 7.36× | ||
| Q4 24 | 0.80× | 5.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | 6.06× | 5.54× |
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% |
SHAK
Segment breakdown not available.
