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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and Wendy's Co (WEN). Click either name above to swap in a different company.
Wendy's Co is the larger business by last-quarter revenue ($543.0M vs $430.0M, roughly 1.3× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 4.9%, a 2.7% gap on every dollar of revenue. On growth, Wendy's Co posted the faster year-over-year revenue change (-5.5% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $31.4M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 0.8%).
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 Wendy's Company is an American fast food corporation and the holding company for Wendy's and First Kitchen. Originally founded as the Deisel-Wemmer Company, it is headquartered in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.
PEGA vs WEN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $430.0M | $543.0M |
| Net Profit | $32.8M | $26.5M |
| Gross Margin | 75.2% | 62.7% |
| Operating Margin | 8.6% | 11.8% |
| Net Margin | 7.6% | 4.9% |
| Revenue YoY | -9.6% | -5.5% |
| Net Profit YoY | — | -44.2% |
| EPS (diluted) | $0.18 | $0.14 |
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 | — | ||
| Q4 25 | $504.3M | $543.0M | ||
| Q3 25 | $381.4M | $549.5M | ||
| Q2 25 | $384.5M | $560.9M | ||
| Q1 25 | $475.6M | $523.5M | ||
| Q4 24 | $490.8M | $574.3M | ||
| Q3 24 | $325.1M | $566.7M | ||
| Q2 24 | $351.2M | $570.7M |
| Q1 26 | $32.8M | — | ||
| Q4 25 | $234.6M | $26.5M | ||
| Q3 25 | $43.4M | $44.3M | ||
| Q2 25 | $30.1M | $55.1M | ||
| Q1 25 | $85.4M | $39.2M | ||
| Q4 24 | $119.1M | $47.5M | ||
| Q3 24 | $-14.4M | $50.2M | ||
| Q2 24 | $6.6M | $54.6M |
| Q1 26 | 75.2% | — | ||
| Q4 25 | 79.5% | 62.7% | ||
| Q3 25 | 72.2% | 62.8% | ||
| Q2 25 | 71.5% | 65.0% | ||
| Q1 25 | 78.5% | 64.1% | ||
| Q4 24 | 79.1% | 65.9% | ||
| Q3 24 | 70.2% | 65.5% | ||
| Q2 24 | 72.4% | 65.0% |
| Q1 26 | 8.6% | — | ||
| Q4 25 | 20.7% | 11.8% | ||
| Q3 25 | 3.8% | 16.8% | ||
| Q2 25 | 4.5% | 18.6% | ||
| Q1 25 | 26.7% | 15.9% | ||
| Q4 24 | 29.1% | 16.7% | ||
| Q3 24 | -3.6% | 16.7% | ||
| Q2 24 | 3.7% | 17.4% |
| Q1 26 | 7.6% | — | ||
| Q4 25 | 46.5% | 4.9% | ||
| Q3 25 | 11.4% | 8.1% | ||
| Q2 25 | 7.8% | 9.8% | ||
| Q1 25 | 18.0% | 7.5% | ||
| Q4 24 | 24.3% | 8.3% | ||
| Q3 24 | -4.4% | 8.9% | ||
| Q2 24 | 1.9% | 9.6% |
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.81 | $0.14 | ||
| Q3 25 | $0.24 | $0.23 | ||
| Q2 25 | $0.17 | $0.29 | ||
| Q1 25 | $0.91 | $0.19 | ||
| Q4 24 | $1.35 | $0.23 | ||
| Q3 24 | $-0.17 | $0.25 | ||
| Q2 24 | $0.07 | $0.27 |
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 | $300.8M |
| Total DebtLower is stronger | — | $2.8B |
| Stockholders' EquityBook value | $705.9M | $117.4M |
| Total Assets | $1.6B | $5.0B |
| Debt / EquityLower = less leverage | — | 23.51× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $270.0M | — | ||
| Q4 25 | $425.8M | $300.8M | ||
| Q3 25 | $351.4M | $291.4M | ||
| Q2 25 | $411.6M | $281.2M | ||
| Q1 25 | $371.7M | $335.3M | ||
| Q4 24 | $740.0M | $450.5M | ||
| Q3 24 | $703.0M | $482.2M | ||
| Q2 24 | $665.1M | $465.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $705.9M | — | ||
| Q4 25 | $787.4M | $117.4M | ||
| Q3 25 | $596.8M | $109.2M | ||
| Q2 25 | $624.5M | $112.9M | ||
| Q1 25 | $611.3M | $130.2M | ||
| Q4 24 | $585.5M | $259.4M | ||
| Q3 24 | $473.0M | $259.9M | ||
| Q2 24 | $435.4M | $273.8M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $5.0B | ||
| Q3 25 | $1.3B | $5.0B | ||
| Q2 25 | $1.3B | $4.9B | ||
| Q1 25 | $1.3B | $4.9B | ||
| Q4 24 | $1.8B | $5.0B | ||
| Q3 24 | $1.6B | $5.1B | ||
| Q2 24 | $1.5B | $5.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 23.51× | ||
| Q3 25 | — | 24.95× | ||
| Q2 25 | — | 24.18× | ||
| Q1 25 | — | 21.00× | ||
| Q4 24 | — | 10.57× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $69.3M |
| Free Cash FlowOCF − Capex | $206.5M | $31.4M |
| FCF MarginFCF / Revenue | 48.0% | 5.8% |
| Capex IntensityCapex / Revenue | — | 7.0% |
| Cash ConversionOCF / Net Profit | — | 2.62× |
| TTM Free Cash FlowTrailing 4 quarters | $494.9M | $242.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $158.4M | $69.3M | ||
| Q3 25 | $56.3M | $129.3M | ||
| Q2 25 | $86.3M | $60.6M | ||
| Q1 25 | $204.2M | $85.4M | ||
| Q4 24 | $95.2M | $68.6M | ||
| Q3 24 | $30.5M | $141.2M | ||
| Q2 24 | $40.1M | $45.5M |
| Q1 26 | $206.5M | — | ||
| Q4 25 | $152.4M | $31.4M | ||
| Q3 25 | $51.8M | $104.3M | ||
| Q2 25 | $84.1M | $39.2M | ||
| Q1 25 | $202.3M | $67.7M | ||
| Q4 24 | $92.4M | $26.6M | ||
| Q3 24 | $27.4M | $123.3M | ||
| Q2 24 | $38.8M | $28.4M |
| Q1 26 | 48.0% | — | ||
| Q4 25 | 30.2% | 5.8% | ||
| Q3 25 | 13.6% | 19.0% | ||
| Q2 25 | 21.9% | 7.0% | ||
| Q1 25 | 42.5% | 12.9% | ||
| Q4 24 | 18.8% | 4.6% | ||
| Q3 24 | 8.4% | 21.8% | ||
| Q2 24 | 11.1% | 5.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 7.0% | ||
| Q3 25 | 1.2% | 4.5% | ||
| Q2 25 | 0.6% | 3.8% | ||
| Q1 25 | 0.4% | 3.4% | ||
| Q4 24 | 0.6% | 7.3% | ||
| Q3 24 | 0.9% | 3.2% | ||
| Q2 24 | 0.4% | 3.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 2.62× | ||
| Q3 25 | 1.30× | 2.92× | ||
| Q2 25 | 2.87× | 1.10× | ||
| Q1 25 | 2.39× | 2.18× | ||
| Q4 24 | 0.80× | 1.44× | ||
| Q3 24 | — | 2.81× | ||
| Q2 24 | 6.06× | 0.83× |
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% |
WEN
| Franchise Royalty Revenueand Fees | $149.3M | 27% |
| Royalty | $103.6M | 19% |
| Advertising | $103.3M | 19% |
| Global Real Estate Development | $60.5M | 11% |
| Real Estate | $59.5M | 11% |
| Wendys International | $39.5M | 7% |
| Franchise | $21.5M | 4% |
