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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and UDR, Inc. (UDR). Click either name above to swap in a different company.
PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $425.8M, roughly 1.0× UDR, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 7.6%, a 37.0% gap on every dollar of revenue. On growth, UDR, Inc. posted the faster year-over-year revenue change (0.9% vs -9.6%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 1.3%).
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.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
PEGA vs UDR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $430.0M | $425.8M |
| Net Profit | $32.8M | $189.8M |
| Gross Margin | 75.2% | — |
| Operating Margin | 8.6% | 54.0% |
| Net Margin | 7.6% | 44.6% |
| Revenue YoY | -9.6% | 0.9% |
| Net Profit YoY | — | 147.2% |
| EPS (diluted) | $0.18 | $0.63 |
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 | $425.8M | ||
| Q4 25 | $504.3M | $433.1M | ||
| Q3 25 | $381.4M | $431.9M | ||
| Q2 25 | $384.5M | $425.4M | ||
| Q1 25 | $475.6M | $421.9M | ||
| Q4 24 | $490.8M | $422.7M | ||
| Q3 24 | $325.1M | $420.2M | ||
| Q2 24 | $351.2M | $415.3M |
| Q1 26 | $32.8M | $189.8M | ||
| Q4 25 | $234.6M | $222.9M | ||
| Q3 25 | $43.4M | $40.4M | ||
| Q2 25 | $30.1M | $37.7M | ||
| Q1 25 | $85.4M | $76.7M | ||
| Q4 24 | $119.1M | $-5.0M | ||
| Q3 24 | $-14.4M | $22.6M | ||
| Q2 24 | $6.6M | $28.9M |
| 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% | 54.0% | ||
| Q4 25 | 20.7% | 64.1% | ||
| Q3 25 | 3.8% | 17.7% | ||
| Q2 25 | 4.5% | 18.2% | ||
| Q1 25 | 26.7% | 29.0% | ||
| Q4 24 | 29.1% | 15.7% | ||
| Q3 24 | -3.6% | 16.6% | ||
| Q2 24 | 3.7% | 16.5% |
| Q1 26 | 7.6% | 44.6% | ||
| Q4 25 | 46.5% | 51.5% | ||
| Q3 25 | 11.4% | 9.4% | ||
| Q2 25 | 7.8% | 8.9% | ||
| Q1 25 | 18.0% | 18.2% | ||
| Q4 24 | 24.3% | -220.5% | ||
| Q3 24 | -4.4% | 5.4% | ||
| Q2 24 | 1.9% | 7.0% |
| Q1 26 | $0.18 | $0.63 | ||
| Q4 25 | $0.81 | $0.67 | ||
| Q3 25 | $0.24 | $0.12 | ||
| Q2 25 | $0.17 | $0.11 | ||
| Q1 25 | $0.91 | $0.23 | ||
| Q4 24 | $1.35 | $-0.01 | ||
| Q3 24 | $-0.17 | $0.06 | ||
| Q2 24 | $0.07 | $0.08 |
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 | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $705.9M | $3.3B |
| Total Assets | $1.6B | $10.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $270.0M | $1.3M | ||
| Q4 25 | $425.8M | $1.2M | ||
| Q3 25 | $351.4M | $1.2M | ||
| Q2 25 | $411.6M | $1.5M | ||
| Q1 25 | $371.7M | $1.3M | ||
| Q4 24 | $740.0M | $1.3M | ||
| Q3 24 | $703.0M | $2.3M | ||
| Q2 24 | $665.1M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | $705.9M | $3.3B | ||
| Q4 25 | $787.4M | $3.3B | ||
| Q3 25 | $596.8M | $3.3B | ||
| Q2 25 | $624.5M | $3.3B | ||
| Q1 25 | $611.3M | $3.3B | ||
| Q4 24 | $585.5M | $3.4B | ||
| Q3 24 | $473.0M | $3.5B | ||
| Q2 24 | $435.4M | $3.7B |
| Q1 26 | $1.6B | $10.3B | ||
| Q4 25 | $1.6B | $10.6B | ||
| Q3 25 | $1.3B | $10.6B | ||
| Q2 25 | $1.3B | $10.6B | ||
| Q1 25 | $1.3B | $10.7B | ||
| Q4 24 | $1.8B | $10.9B | ||
| Q3 24 | $1.6B | $11.1B | ||
| Q2 24 | $1.5B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× |
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 | — | — |
| Free Cash FlowOCF − Capex | $206.5M | — |
| FCF MarginFCF / Revenue | 48.0% | — |
| Capex IntensityCapex / Revenue | — | 4.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $494.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $158.4M | $902.9M | ||
| Q3 25 | $56.3M | $234.9M | ||
| Q2 25 | $86.3M | $250.3M | ||
| Q1 25 | $204.2M | $156.2M | ||
| Q4 24 | $95.2M | $876.8M | ||
| Q3 24 | $30.5M | $230.3M | ||
| Q2 24 | $40.1M | $238.5M |
| Q1 26 | $206.5M | — | ||
| Q4 25 | $152.4M | $650.0M | ||
| Q3 25 | $51.8M | $164.6M | ||
| Q2 25 | $84.1M | $190.1M | ||
| Q1 25 | $202.3M | $103.2M | ||
| Q4 24 | $92.4M | $627.0M | ||
| Q3 24 | $27.4M | $161.3M | ||
| Q2 24 | $38.8M | $171.1M |
| Q1 26 | 48.0% | — | ||
| Q4 25 | 30.2% | 150.1% | ||
| Q3 25 | 13.6% | 38.1% | ||
| Q2 25 | 21.9% | 44.7% | ||
| Q1 25 | 42.5% | 24.5% | ||
| Q4 24 | 18.8% | 148.3% | ||
| Q3 24 | 8.4% | 38.4% | ||
| Q2 24 | 11.1% | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 1.2% | 58.4% | ||
| Q3 25 | 1.2% | 16.3% | ||
| Q2 25 | 0.6% | 14.2% | ||
| Q1 25 | 0.4% | 12.6% | ||
| Q4 24 | 0.6% | 59.1% | ||
| Q3 24 | 0.9% | 16.4% | ||
| Q2 24 | 0.4% | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 4.05× | ||
| Q3 25 | 1.30× | 5.81× | ||
| Q2 25 | 2.87× | 6.64× | ||
| Q1 25 | 2.39× | 2.04× | ||
| Q4 24 | 0.80× | — | ||
| Q3 24 | — | 10.19× | ||
| Q2 24 | 6.06× | 8.26× |
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% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
