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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.

PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $334.0M, roughly 1.3× WYNDHAM HOTELS & RESORTS, INC.). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -18.0%, a 25.6% gap on every dollar of revenue. On growth, PEGASYSTEMS INC posted the faster year-over-year revenue change (-9.6% vs -76.3%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $168.0M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -4.6%).

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.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

PEGA vs WH — Head-to-Head

Bigger by revenue
PEGA
PEGA
1.3× larger
PEGA
$430.0M
$334.0M
WH
Growing faster (revenue YoY)
PEGA
PEGA
+66.7% gap
PEGA
-9.6%
-76.3%
WH
Higher net margin
PEGA
PEGA
25.6% more per $
PEGA
7.6%
-18.0%
WH
More free cash flow
PEGA
PEGA
$38.5M more FCF
PEGA
$206.5M
$168.0M
WH
Faster 2-yr revenue CAGR
PEGA
PEGA
Annualised
PEGA
10.7%
-4.6%
WH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PEGA
PEGA
WH
WH
Revenue
$430.0M
$334.0M
Net Profit
$32.8M
$-60.0M
Gross Margin
75.2%
Operating Margin
8.6%
Net Margin
7.6%
-18.0%
Revenue YoY
-9.6%
-76.3%
Net Profit YoY
-61.6%
-170.6%
EPS (diluted)
$0.18
$-0.80

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
WH
WH
Q1 26
$430.0M
$334.0M
Q4 25
$504.3M
$334.0M
Q3 25
$381.4M
$382.0M
Q2 25
$384.5M
$397.0M
Q1 25
$475.6M
$316.0M
Q4 24
$490.8M
$336.0M
Q3 24
$325.1M
$396.0M
Q2 24
$351.2M
$367.0M
Net Profit
PEGA
PEGA
WH
WH
Q1 26
$32.8M
$-60.0M
Q4 25
$234.6M
$-60.0M
Q3 25
$43.4M
$105.0M
Q2 25
$30.1M
$87.0M
Q1 25
$85.4M
$61.0M
Q4 24
$119.1M
$85.0M
Q3 24
$-14.4M
$102.0M
Q2 24
$6.6M
$86.0M
Gross Margin
PEGA
PEGA
WH
WH
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%
Operating Margin
PEGA
PEGA
WH
WH
Q1 26
8.6%
Q4 25
20.7%
-11.4%
Q3 25
3.8%
46.6%
Q2 25
4.5%
37.8%
Q1 25
26.7%
35.4%
Q4 24
29.1%
38.4%
Q3 24
-3.6%
43.2%
Q2 24
3.7%
39.5%
Net Margin
PEGA
PEGA
WH
WH
Q1 26
7.6%
-18.0%
Q4 25
46.5%
-18.0%
Q3 25
11.4%
27.5%
Q2 25
7.8%
21.9%
Q1 25
18.0%
19.3%
Q4 24
24.3%
25.3%
Q3 24
-4.4%
25.8%
Q2 24
1.9%
23.4%
EPS (diluted)
PEGA
PEGA
WH
WH
Q1 26
$0.18
$-0.80
Q4 25
$0.81
$-0.77
Q3 25
$0.24
$1.36
Q2 25
$0.17
$1.13
Q1 25
$0.91
$0.78
Q4 24
$1.35
$1.06
Q3 24
$-0.17
$1.29
Q2 24
$0.07
$1.07

Balance Sheet & Financial Strength

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

Metric
PEGA
PEGA
WH
WH
Cash + ST InvestmentsLiquidity on hand
$270.0M
$64.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$705.9M
$468.0M
Total Assets
$1.6B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEGA
PEGA
WH
WH
Q1 26
$270.0M
$64.0M
Q4 25
$425.8M
$64.0M
Q3 25
$351.4M
$70.0M
Q2 25
$411.6M
$50.0M
Q1 25
$371.7M
$48.0M
Q4 24
$740.0M
$103.0M
Q3 24
$703.0M
$72.0M
Q2 24
$665.1M
$70.0M
Total Debt
PEGA
PEGA
WH
WH
Q1 26
Q4 25
$2.5B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
PEGA
PEGA
WH
WH
Q1 26
$705.9M
$468.0M
Q4 25
$787.4M
$468.0M
Q3 25
$596.8M
$583.0M
Q2 25
$624.5M
$570.0M
Q1 25
$611.3M
$579.0M
Q4 24
$585.5M
$650.0M
Q3 24
$473.0M
$583.0M
Q2 24
$435.4M
$623.0M
Total Assets
PEGA
PEGA
WH
WH
Q1 26
$1.6B
$4.2B
Q4 25
$1.6B
$4.2B
Q3 25
$1.3B
$4.3B
Q2 25
$1.3B
$4.3B
Q1 25
$1.3B
$4.2B
Q4 24
$1.8B
$4.2B
Q3 24
$1.6B
$4.2B
Q2 24
$1.5B
$4.2B
Debt / Equity
PEGA
PEGA
WH
WH
Q1 26
Q4 25
5.37×
Q3 25
4.43×
Q2 25
4.44×
Q1 25
4.29×
Q4 24
3.72×
Q3 24
4.19×
Q2 24
3.83×

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
WH
WH
Operating Cash FlowLast quarter
$367.0M
Free Cash FlowOCF − Capex
$206.5M
$168.0M
FCF MarginFCF / Revenue
48.0%
50.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$494.9M
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEGA
PEGA
WH
WH
Q1 26
$367.0M
Q4 25
$158.4M
$152.0M
Q3 25
$56.3M
$86.0M
Q2 25
$86.3M
$70.0M
Q1 25
$204.2M
$59.0M
Q4 24
$95.2M
$134.0M
Q3 24
$30.5M
$79.0M
Q2 24
$40.1M
$1.0M
Free Cash Flow
PEGA
PEGA
WH
WH
Q1 26
$206.5M
$168.0M
Q4 25
$152.4M
$136.0M
Q3 25
$51.8M
$75.0M
Q2 25
$84.1M
$58.0M
Q1 25
$202.3M
$52.0M
Q4 24
$92.4M
$109.0M
Q3 24
$27.4M
$71.0M
Q2 24
$38.8M
$-6.0M
FCF Margin
PEGA
PEGA
WH
WH
Q1 26
48.0%
50.3%
Q4 25
30.2%
40.7%
Q3 25
13.6%
19.6%
Q2 25
21.9%
14.6%
Q1 25
42.5%
16.5%
Q4 24
18.8%
32.4%
Q3 24
8.4%
17.9%
Q2 24
11.1%
-1.6%
Capex Intensity
PEGA
PEGA
WH
WH
Q1 26
Q4 25
1.2%
4.8%
Q3 25
1.2%
2.9%
Q2 25
0.6%
3.0%
Q1 25
0.4%
2.2%
Q4 24
0.6%
7.4%
Q3 24
0.9%
2.0%
Q2 24
0.4%
1.9%
Cash Conversion
PEGA
PEGA
WH
WH
Q1 26
Q4 25
0.68×
Q3 25
1.30×
0.82×
Q2 25
2.87×
0.80×
Q1 25
2.39×
0.97×
Q4 24
0.80×
1.58×
Q3 24
0.77×
Q2 24
6.06×
0.01×

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%

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

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