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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and WERNER ENTERPRISES INC (WERN). Click either name above to swap in a different company.
WERNER ENTERPRISES INC is the larger business by last-quarter revenue ($808.6M vs $430.0M, roughly 1.9× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -0.5%, a 8.1% gap on every dollar of revenue. On growth, WERNER ENTERPRISES INC posted the faster year-over-year revenue change (13.6% vs -9.6%). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs 4.3%).
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.
Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.
PEGA vs WERN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $430.0M | $808.6M |
| Net Profit | $32.8M | $-4.3M |
| Gross Margin | 75.2% | — |
| Operating Margin | 8.6% | 75.5% |
| Net Margin | 7.6% | -0.5% |
| Revenue YoY | -9.6% | 13.6% |
| Net Profit YoY | — | 57.8% |
| EPS (diluted) | $0.18 | $-0.07 |
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 | $808.6M | ||
| Q4 25 | $504.3M | $719.9M | ||
| Q3 25 | $381.4M | $752.2M | ||
| Q2 25 | $384.5M | $734.1M | ||
| Q1 25 | $475.6M | $693.4M | ||
| Q4 24 | $490.8M | $736.6M | ||
| Q3 24 | $325.1M | $726.3M | ||
| Q2 24 | $351.2M | $742.7M |
| Q1 26 | $32.8M | $-4.3M | ||
| Q4 25 | $234.6M | $-27.8M | ||
| Q3 25 | $43.4M | $-20.6M | ||
| Q2 25 | $30.1M | $44.1M | ||
| Q1 25 | $85.4M | $-10.1M | ||
| Q4 24 | $119.1M | $11.9M | ||
| Q3 24 | $-14.4M | $6.6M | ||
| Q2 24 | $6.6M | $9.5M |
| 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% | 75.5% | ||
| Q4 25 | 20.7% | -5.0% | ||
| Q3 25 | 3.8% | -1.7% | ||
| Q2 25 | 4.5% | 9.0% | ||
| Q1 25 | 26.7% | -0.8% | ||
| Q4 24 | 29.1% | 1.8% | ||
| Q3 24 | -3.6% | 2.4% | ||
| Q2 24 | 3.7% | 2.6% |
| Q1 26 | 7.6% | -0.5% | ||
| Q4 25 | 46.5% | -3.9% | ||
| Q3 25 | 11.4% | -2.7% | ||
| Q2 25 | 7.8% | 6.0% | ||
| Q1 25 | 18.0% | -1.5% | ||
| Q4 24 | 24.3% | 1.6% | ||
| Q3 24 | -4.4% | 0.9% | ||
| Q2 24 | 1.9% | 1.3% |
| Q1 26 | $0.18 | $-0.07 | ||
| Q4 25 | $0.81 | $-0.46 | ||
| Q3 25 | $0.24 | $-0.34 | ||
| Q2 25 | $0.17 | $0.72 | ||
| Q1 25 | $0.91 | $-0.16 | ||
| Q4 24 | $1.35 | $0.19 | ||
| Q3 24 | $-0.17 | $0.11 | ||
| Q2 24 | $0.07 | $0.15 |
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 | $61.5M |
| Total DebtLower is stronger | — | $878.2M |
| Stockholders' EquityBook value | $705.9M | $1.4B |
| Total Assets | $1.6B | $3.3B |
| Debt / EquityLower = less leverage | — | 0.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $270.0M | $61.5M | ||
| Q4 25 | $425.8M | $59.9M | ||
| Q3 25 | $351.4M | $51.0M | ||
| Q2 25 | $411.6M | $51.4M | ||
| Q1 25 | $371.7M | $52.0M | ||
| Q4 24 | $740.0M | $40.8M | ||
| Q3 24 | $703.0M | $54.7M | ||
| Q2 24 | $665.1M | $70.4M |
| Q1 26 | — | $878.2M | ||
| Q4 25 | — | $752.0M | ||
| Q3 25 | — | $725.0M | ||
| Q2 25 | — | $725.0M | ||
| Q1 25 | — | $640.0M | ||
| Q4 24 | — | $650.0M | ||
| Q3 24 | — | $690.0M | ||
| Q2 24 | — | $670.0M |
| Q1 26 | $705.9M | $1.4B | ||
| Q4 25 | $787.4M | $1.4B | ||
| Q3 25 | $596.8M | $1.4B | ||
| Q2 25 | $624.5M | $1.4B | ||
| Q1 25 | $611.3M | $1.4B | ||
| Q4 24 | $585.5M | $1.5B | ||
| Q3 24 | $473.0M | $1.4B | ||
| Q2 24 | $435.4M | $1.5B |
| Q1 26 | $1.6B | $3.3B | ||
| Q4 25 | $1.6B | $2.9B | ||
| Q3 25 | $1.3B | $3.0B | ||
| Q2 25 | $1.3B | $2.9B | ||
| Q1 25 | $1.3B | $3.0B | ||
| Q4 24 | $1.8B | $3.1B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.5B | $3.1B |
| Q1 26 | — | 0.65× | ||
| Q4 25 | — | 0.55× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.45× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.46× |
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 | — | 0.2% |
| 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 | $62.3M | ||
| Q3 25 | $56.3M | $44.1M | ||
| Q2 25 | $86.3M | $46.0M | ||
| Q1 25 | $204.2M | $29.4M | ||
| Q4 24 | $95.2M | $71.0M | ||
| Q3 24 | $30.5M | $61.0M | ||
| Q2 24 | $40.1M | $109.1M |
| Q1 26 | $206.5M | — | ||
| Q4 25 | $152.4M | $-23.5M | ||
| Q3 25 | $51.8M | $-8.6M | ||
| Q2 25 | $84.1M | $-42.3M | ||
| Q1 25 | $202.3M | $5.9M | ||
| Q4 24 | $92.4M | $-9.8M | ||
| Q3 24 | $27.4M | $-73.4M | ||
| Q2 24 | $38.8M | $-31.2M |
| Q1 26 | 48.0% | — | ||
| Q4 25 | 30.2% | -3.3% | ||
| Q3 25 | 13.6% | -1.1% | ||
| Q2 25 | 21.9% | -5.8% | ||
| Q1 25 | 42.5% | 0.8% | ||
| Q4 24 | 18.8% | -1.3% | ||
| Q3 24 | 8.4% | -10.1% | ||
| Q2 24 | 11.1% | -4.2% |
| Q1 26 | — | 0.2% | ||
| Q4 25 | 1.2% | 11.9% | ||
| Q3 25 | 1.2% | 7.0% | ||
| Q2 25 | 0.6% | 12.0% | ||
| Q1 25 | 0.4% | 3.4% | ||
| Q4 24 | 0.6% | 11.0% | ||
| Q3 24 | 0.9% | 18.5% | ||
| Q2 24 | 0.4% | 18.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 2.87× | 1.04× | ||
| Q1 25 | 2.39× | — | ||
| Q4 24 | 0.80× | 5.97× | ||
| Q3 24 | — | 9.30× | ||
| Q2 24 | 6.06× | 11.52× |
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% |
WERN
Segment breakdown not available.
