vs

Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.

WOLVERINE WORLD WIDE INC is the larger business by last-quarter revenue ($517.5M vs $430.0M, roughly 1.2× PEGASYSTEMS INC). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 6.1%, a 1.5% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $145.6M). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% CAGR vs 10.7%).

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.

Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.

PEGA vs WWW — Head-to-Head

Bigger by revenue
WWW
WWW
1.2× larger
WWW
$517.5M
$430.0M
PEGA
Growing faster (revenue YoY)
WWW
WWW
+35.1% gap
WWW
25.5%
-9.6%
PEGA
Higher net margin
PEGA
PEGA
1.5% more per $
PEGA
7.6%
6.1%
WWW
More free cash flow
PEGA
PEGA
$60.9M more FCF
PEGA
$206.5M
$145.6M
WWW
Faster 2-yr revenue CAGR
WWW
WWW
Annualised
WWW
14.5%
10.7%
PEGA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PEGA
PEGA
WWW
WWW
Revenue
$430.0M
$517.5M
Net Profit
$32.8M
$31.8M
Gross Margin
75.2%
47.3%
Operating Margin
8.6%
9.7%
Net Margin
7.6%
6.1%
Revenue YoY
-9.6%
25.5%
Net Profit YoY
162.8%
EPS (diluted)
$0.18
$0.37

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
WWW
WWW
Q1 26
$430.0M
$517.5M
Q4 25
$504.3M
Q3 25
$381.4M
$470.3M
Q2 25
$384.5M
$474.2M
Q1 25
$475.6M
$412.3M
Q4 24
$490.8M
$494.7M
Q3 24
$325.1M
$440.2M
Q2 24
$351.2M
$425.2M
Net Profit
PEGA
PEGA
WWW
WWW
Q1 26
$32.8M
$31.8M
Q4 25
$234.6M
Q3 25
$43.4M
$25.1M
Q2 25
$30.1M
$26.8M
Q1 25
$85.4M
$12.1M
Q4 24
$119.1M
$23.1M
Q3 24
$-14.4M
$23.2M
Q2 24
$6.6M
$13.8M
Gross Margin
PEGA
PEGA
WWW
WWW
Q1 26
75.2%
47.3%
Q4 25
79.5%
Q3 25
72.2%
47.5%
Q2 25
71.5%
47.2%
Q1 25
78.5%
47.2%
Q4 24
79.1%
43.4%
Q3 24
70.2%
45.1%
Q2 24
72.4%
43.1%
Operating Margin
PEGA
PEGA
WWW
WWW
Q1 26
8.6%
9.7%
Q4 25
20.7%
Q3 25
3.8%
8.4%
Q2 25
4.5%
8.6%
Q1 25
26.7%
4.8%
Q4 24
29.1%
7.4%
Q3 24
-3.6%
7.9%
Q2 24
3.7%
6.8%
Net Margin
PEGA
PEGA
WWW
WWW
Q1 26
7.6%
6.1%
Q4 25
46.5%
Q3 25
11.4%
5.3%
Q2 25
7.8%
5.7%
Q1 25
18.0%
2.9%
Q4 24
24.3%
4.7%
Q3 24
-4.4%
5.3%
Q2 24
1.9%
3.2%
EPS (diluted)
PEGA
PEGA
WWW
WWW
Q1 26
$0.18
$0.37
Q4 25
$0.81
Q3 25
$0.24
$0.30
Q2 25
$0.17
$0.32
Q1 25
$0.91
$0.15
Q4 24
$1.35
$0.29
Q3 24
$-0.17
$0.28
Q2 24
$0.07
$0.17

Balance Sheet & Financial Strength

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

Metric
PEGA
PEGA
WWW
WWW
Cash + ST InvestmentsLiquidity on hand
$270.0M
Total DebtLower is stronger
$621.7M
Stockholders' EquityBook value
$705.9M
$408.0M
Total Assets
$1.6B
$1.7B
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEGA
PEGA
WWW
WWW
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
WWW
WWW
Q1 26
$621.7M
Q4 25
Q3 25
$676.4M
Q2 25
$708.5M
Q1 25
$710.8M
Q4 24
$648.0M
Q3 24
$702.8M
Q2 24
$814.7M
Stockholders' Equity
PEGA
PEGA
WWW
WWW
Q1 26
$705.9M
$408.0M
Q4 25
$787.4M
Q3 25
$596.8M
$376.7M
Q2 25
$624.5M
$344.0M
Q1 25
$611.3M
$310.6M
Q4 24
$585.5M
$312.9M
Q3 24
$473.0M
$295.2M
Q2 24
$435.4M
$262.1M
Total Assets
PEGA
PEGA
WWW
WWW
Q1 26
$1.6B
$1.7B
Q4 25
$1.6B
Q3 25
$1.3B
$1.7B
Q2 25
$1.3B
$1.8B
Q1 25
$1.3B
$1.7B
Q4 24
$1.8B
$1.7B
Q3 24
$1.6B
$1.8B
Q2 24
$1.5B
$1.8B
Debt / Equity
PEGA
PEGA
WWW
WWW
Q1 26
1.52×
Q4 25
Q3 25
1.80×
Q2 25
2.06×
Q1 25
2.29×
Q4 24
2.07×
Q3 24
2.38×
Q2 24
3.11×

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
WWW
WWW
Operating Cash FlowLast quarter
$146.2M
Free Cash FlowOCF − Capex
$206.5M
$145.6M
FCF MarginFCF / Revenue
48.0%
28.1%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
4.60×
TTM Free Cash FlowTrailing 4 quarters
$494.9M
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEGA
PEGA
WWW
WWW
Q1 26
$146.2M
Q4 25
$158.4M
Q3 25
$56.3M
$33.0M
Q2 25
$86.3M
$44.6M
Q1 25
$204.2M
$-83.8M
Q4 24
$95.2M
$82.4M
Q3 24
$30.5M
$108.2M
Q2 24
$40.1M
$26.7M
Free Cash Flow
PEGA
PEGA
WWW
WWW
Q1 26
$206.5M
$145.6M
Q4 25
$152.4M
Q3 25
$51.8M
$30.1M
Q2 25
$84.1M
$41.2M
Q1 25
$202.3M
$-91.4M
Q4 24
$92.4M
$74.4M
Q3 24
$27.4M
$104.1M
Q2 24
$38.8M
$23.7M
FCF Margin
PEGA
PEGA
WWW
WWW
Q1 26
48.0%
28.1%
Q4 25
30.2%
Q3 25
13.6%
6.4%
Q2 25
21.9%
8.7%
Q1 25
42.5%
-22.2%
Q4 24
18.8%
15.0%
Q3 24
8.4%
23.6%
Q2 24
11.1%
5.6%
Capex Intensity
PEGA
PEGA
WWW
WWW
Q1 26
0.1%
Q4 25
1.2%
Q3 25
1.2%
0.6%
Q2 25
0.6%
0.7%
Q1 25
0.4%
1.8%
Q4 24
0.6%
1.6%
Q3 24
0.9%
0.9%
Q2 24
0.4%
0.7%
Cash Conversion
PEGA
PEGA
WWW
WWW
Q1 26
4.60×
Q4 25
0.68×
Q3 25
1.30×
1.31×
Q2 25
2.87×
1.66×
Q1 25
2.39×
-6.93×
Q4 24
0.80×
3.57×
Q3 24
4.66×
Q2 24
6.06×
1.93×

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%

WWW
WWW

Sales Channel Through Intermediary$230.2M44%
Sales Channel Directly To Consumer$142.6M28%
Work Group$134.0M26%
Other$10.7M2%

Related Comparisons