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

PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $291.6M, roughly 1.5× TENNANT CO). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -1.5%, a 9.1% gap on every dollar of revenue. On growth, PEGASYSTEMS INC posted the faster year-over-year revenue change (-9.6% vs -11.3%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $9.7M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -3.2%).

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.

The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.

PEGA vs TNC — Head-to-Head

Bigger by revenue
PEGA
PEGA
1.5× larger
PEGA
$430.0M
$291.6M
TNC
Growing faster (revenue YoY)
PEGA
PEGA
+1.7% gap
PEGA
-9.6%
-11.3%
TNC
Higher net margin
PEGA
PEGA
9.1% more per $
PEGA
7.6%
-1.5%
TNC
More free cash flow
PEGA
PEGA
$196.8M more FCF
PEGA
$206.5M
$9.7M
TNC
Faster 2-yr revenue CAGR
PEGA
PEGA
Annualised
PEGA
10.7%
-3.2%
TNC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PEGA
PEGA
TNC
TNC
Revenue
$430.0M
$291.6M
Net Profit
$32.8M
$-4.4M
Gross Margin
75.2%
34.6%
Operating Margin
8.6%
-1.4%
Net Margin
7.6%
-1.5%
Revenue YoY
-9.6%
-11.3%
Net Profit YoY
-166.7%
EPS (diluted)
$0.18
$-0.21

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
TNC
TNC
Q1 26
$430.0M
Q4 25
$504.3M
$291.6M
Q3 25
$381.4M
$303.3M
Q2 25
$384.5M
$318.6M
Q1 25
$475.6M
$290.0M
Q4 24
$490.8M
$328.9M
Q3 24
$325.1M
$315.8M
Q2 24
$351.2M
$331.0M
Net Profit
PEGA
PEGA
TNC
TNC
Q1 26
$32.8M
Q4 25
$234.6M
$-4.4M
Q3 25
$43.4M
$14.9M
Q2 25
$30.1M
$20.2M
Q1 25
$85.4M
$13.1M
Q4 24
$119.1M
$6.6M
Q3 24
$-14.4M
$20.8M
Q2 24
$6.6M
$27.9M
Gross Margin
PEGA
PEGA
TNC
TNC
Q1 26
75.2%
Q4 25
79.5%
34.6%
Q3 25
72.2%
42.7%
Q2 25
71.5%
42.1%
Q1 25
78.5%
41.4%
Q4 24
79.1%
41.3%
Q3 24
70.2%
42.4%
Q2 24
72.4%
43.1%
Operating Margin
PEGA
PEGA
TNC
TNC
Q1 26
8.6%
Q4 25
20.7%
-1.4%
Q3 25
3.8%
7.4%
Q2 25
4.5%
9.6%
Q1 25
26.7%
6.8%
Q4 24
29.1%
2.3%
Q3 24
-3.6%
9.7%
Q2 24
3.7%
11.7%
Net Margin
PEGA
PEGA
TNC
TNC
Q1 26
7.6%
Q4 25
46.5%
-1.5%
Q3 25
11.4%
4.9%
Q2 25
7.8%
6.3%
Q1 25
18.0%
4.5%
Q4 24
24.3%
2.0%
Q3 24
-4.4%
6.6%
Q2 24
1.9%
8.4%
EPS (diluted)
PEGA
PEGA
TNC
TNC
Q1 26
$0.18
Q4 25
$0.81
$-0.21
Q3 25
$0.24
$0.80
Q2 25
$0.17
$1.08
Q1 25
$0.91
$0.69
Q4 24
$1.35
$0.35
Q3 24
$-0.17
$1.09
Q2 24
$0.07
$1.45

Balance Sheet & Financial Strength

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

Metric
PEGA
PEGA
TNC
TNC
Cash + ST InvestmentsLiquidity on hand
$270.0M
Total DebtLower is stronger
$273.2M
Stockholders' EquityBook value
$705.9M
$601.6M
Total Assets
$1.6B
$1.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEGA
PEGA
TNC
TNC
Q1 26
$270.0M
Q4 25
$425.8M
Q3 25
$351.4M
Q2 25
$411.6M
Q1 25
$371.7M
Q4 24
$740.0M
Q3 24
$703.0M
Q2 24
$665.1M
Total Debt
PEGA
PEGA
TNC
TNC
Q1 26
Q4 25
$273.2M
Q3 25
$238.3M
Q2 25
$213.4M
Q1 25
$213.3M
Q4 24
$198.2M
Q3 24
$208.6M
Q2 24
$205.6M
Stockholders' Equity
PEGA
PEGA
TNC
TNC
Q1 26
$705.9M
Q4 25
$787.4M
$601.6M
Q3 25
$596.8M
$640.9M
Q2 25
$624.5M
$651.9M
Q1 25
$611.3M
$624.4M
Q4 24
$585.5M
$620.8M
Q3 24
$473.0M
$647.2M
Q2 24
$435.4M
$624.6M
Total Assets
PEGA
PEGA
TNC
TNC
Q1 26
$1.6B
Q4 25
$1.6B
$1.3B
Q3 25
$1.3B
$1.3B
Q2 25
$1.3B
$1.2B
Q1 25
$1.3B
$1.2B
Q4 24
$1.8B
$1.2B
Q3 24
$1.6B
$1.2B
Q2 24
$1.5B
$1.2B
Debt / Equity
PEGA
PEGA
TNC
TNC
Q1 26
Q4 25
0.45×
Q3 25
0.37×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×

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
TNC
TNC
Operating Cash FlowLast quarter
$14.2M
Free Cash FlowOCF − Capex
$206.5M
$9.7M
FCF MarginFCF / Revenue
48.0%
3.3%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$494.9M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEGA
PEGA
TNC
TNC
Q1 26
Q4 25
$158.4M
$14.2M
Q3 25
$56.3M
$28.7M
Q2 25
$86.3M
$22.5M
Q1 25
$204.2M
$-400.0K
Q4 24
$95.2M
$37.5M
Q3 24
$30.5M
$30.7M
Q2 24
$40.1M
$18.6M
Free Cash Flow
PEGA
PEGA
TNC
TNC
Q1 26
$206.5M
Q4 25
$152.4M
$9.7M
Q3 25
$51.8M
$22.3M
Q2 25
$84.1M
$18.7M
Q1 25
$202.3M
$-7.4M
Q4 24
$92.4M
$28.1M
Q3 24
$27.4M
$26.4M
Q2 24
$38.8M
$14.4M
FCF Margin
PEGA
PEGA
TNC
TNC
Q1 26
48.0%
Q4 25
30.2%
3.3%
Q3 25
13.6%
7.4%
Q2 25
21.9%
5.9%
Q1 25
42.5%
-2.6%
Q4 24
18.8%
8.5%
Q3 24
8.4%
8.4%
Q2 24
11.1%
4.4%
Capex Intensity
PEGA
PEGA
TNC
TNC
Q1 26
Q4 25
1.2%
1.5%
Q3 25
1.2%
2.1%
Q2 25
0.6%
1.2%
Q1 25
0.4%
2.4%
Q4 24
0.6%
2.9%
Q3 24
0.9%
1.4%
Q2 24
0.4%
1.3%
Cash Conversion
PEGA
PEGA
TNC
TNC
Q1 26
Q4 25
0.68×
Q3 25
1.30×
1.93×
Q2 25
2.87×
1.11×
Q1 25
2.39×
-0.03×
Q4 24
0.80×
5.68×
Q3 24
1.48×
Q2 24
6.06×
0.67×

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%

TNC
TNC

Equipment Sales$165.5M57%
Parts And Consumables$69.1M24%
Service And Other$57.0M20%

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