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Side-by-side financial comparison of PEGASYSTEMS INC (PEGA) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.
PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $382.1M, roughly 1.1× EXPRO GROUP HOLDINGS N.V.). PEGASYSTEMS INC runs the higher net margin — 7.6% vs 1.5%, a 6.1% gap on every dollar of revenue. On growth, PEGASYSTEMS INC posted the faster year-over-year revenue change (-9.6% vs -12.5%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $23.2M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% CAGR vs -0.2%).
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.
Expro is an energy services provider headquartered in Houston, Texas, United States.
PEGA vs XPRO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $430.0M | $382.1M |
| Net Profit | $32.8M | $5.8M |
| Gross Margin | 75.2% | — |
| Operating Margin | 8.6% | 3.1% |
| Net Margin | 7.6% | 1.5% |
| Revenue YoY | -9.6% | -12.5% |
| Net Profit YoY | — | -74.9% |
| EPS (diluted) | $0.18 | $0.05 |
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 | $382.1M | ||
| Q3 25 | $381.4M | $411.4M | ||
| Q2 25 | $384.5M | $422.7M | ||
| Q1 25 | $475.6M | $390.9M | ||
| Q4 24 | $490.8M | $436.8M | ||
| Q3 24 | $325.1M | $422.8M | ||
| Q2 24 | $351.2M | $469.6M |
| Q1 26 | $32.8M | — | ||
| Q4 25 | $234.6M | $5.8M | ||
| Q3 25 | $43.4M | $14.0M | ||
| Q2 25 | $30.1M | $18.0M | ||
| Q1 25 | $85.4M | $13.9M | ||
| Q4 24 | $119.1M | $23.0M | ||
| Q3 24 | $-14.4M | $16.3M | ||
| Q2 24 | $6.6M | $15.3M |
| 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% | — | ||
| Q4 25 | 20.7% | 3.1% | ||
| Q3 25 | 3.8% | 6.4% | ||
| Q2 25 | 4.5% | 7.7% | ||
| Q1 25 | 26.7% | 2.6% | ||
| Q4 24 | 29.1% | 7.3% | ||
| Q3 24 | -3.6% | 6.2% | ||
| Q2 24 | 3.7% | 5.9% |
| Q1 26 | 7.6% | — | ||
| Q4 25 | 46.5% | 1.5% | ||
| Q3 25 | 11.4% | 3.4% | ||
| Q2 25 | 7.8% | 4.3% | ||
| Q1 25 | 18.0% | 3.6% | ||
| Q4 24 | 24.3% | 5.3% | ||
| Q3 24 | -4.4% | 3.8% | ||
| Q2 24 | 1.9% | 3.3% |
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.81 | $0.05 | ||
| Q3 25 | $0.24 | $0.12 | ||
| Q2 25 | $0.17 | $0.16 | ||
| Q1 25 | $0.91 | $0.12 | ||
| Q4 24 | $1.35 | $0.20 | ||
| Q3 24 | $-0.17 | $0.14 | ||
| Q2 24 | $0.07 | $0.13 |
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 | $196.1M |
| Total DebtLower is stronger | — | $79.1M |
| Stockholders' EquityBook value | $705.9M | $1.5B |
| Total Assets | $1.6B | $2.3B |
| Debt / EquityLower = less leverage | — | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $270.0M | — | ||
| Q4 25 | $425.8M | $196.1M | ||
| Q3 25 | $351.4M | $197.9M | ||
| Q2 25 | $411.6M | $206.8M | ||
| Q1 25 | $371.7M | $179.3M | ||
| Q4 24 | $740.0M | $183.0M | ||
| Q3 24 | $703.0M | $165.7M | ||
| Q2 24 | $665.1M | $133.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $79.1M | ||
| Q3 25 | — | $99.1M | ||
| Q2 25 | — | $121.1M | ||
| Q1 25 | — | $121.1M | ||
| Q4 24 | — | $121.1M | ||
| Q3 24 | — | $121.1M | ||
| Q2 24 | — | $121.1M |
| Q1 26 | $705.9M | — | ||
| Q4 25 | $787.4M | $1.5B | ||
| Q3 25 | $596.8M | $1.5B | ||
| Q2 25 | $624.5M | $1.5B | ||
| Q1 25 | $611.3M | $1.5B | ||
| Q4 24 | $585.5M | $1.5B | ||
| Q3 24 | $473.0M | $1.5B | ||
| Q2 24 | $435.4M | $1.5B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $1.3B | $2.3B | ||
| Q2 25 | $1.3B | $2.3B | ||
| Q1 25 | $1.3B | $2.3B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.6B | $2.3B | ||
| Q2 24 | $1.5B | $2.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | 0.08× | ||
| Q3 24 | — | 0.08× | ||
| Q2 24 | — | 0.08× |
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 | — | $57.1M |
| Free Cash FlowOCF − Capex | $206.5M | $23.2M |
| FCF MarginFCF / Revenue | 48.0% | 6.1% |
| Capex IntensityCapex / Revenue | — | 8.9% |
| Cash ConversionOCF / Net Profit | — | 9.89× |
| TTM Free Cash FlowTrailing 4 quarters | $494.9M | $97.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $158.4M | $57.1M | ||
| Q3 25 | $56.3M | $63.2M | ||
| Q2 25 | $86.3M | $48.4M | ||
| Q1 25 | $204.2M | $41.5M | ||
| Q4 24 | $95.2M | $97.4M | ||
| Q3 24 | $30.5M | $55.3M | ||
| Q2 24 | $40.1M | $-13.2M |
| Q1 26 | $206.5M | — | ||
| Q4 25 | $152.4M | $23.2M | ||
| Q3 25 | $51.8M | $39.0M | ||
| Q2 25 | $84.1M | $27.2M | ||
| Q1 25 | $202.3M | $8.4M | ||
| Q4 24 | $92.4M | $53.0M | ||
| Q3 24 | $27.4M | $23.3M | ||
| Q2 24 | $38.8M | $-49.5M |
| Q1 26 | 48.0% | — | ||
| Q4 25 | 30.2% | 6.1% | ||
| Q3 25 | 13.6% | 9.5% | ||
| Q2 25 | 21.9% | 6.4% | ||
| Q1 25 | 42.5% | 2.1% | ||
| Q4 24 | 18.8% | 12.1% | ||
| Q3 24 | 8.4% | 5.5% | ||
| Q2 24 | 11.1% | -10.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 8.9% | ||
| Q3 25 | 1.2% | 5.9% | ||
| Q2 25 | 0.6% | 5.0% | ||
| Q1 25 | 0.4% | 8.5% | ||
| Q4 24 | 0.6% | 10.2% | ||
| Q3 24 | 0.9% | 7.6% | ||
| Q2 24 | 0.4% | 7.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 9.89× | ||
| Q3 25 | 1.30× | 4.52× | ||
| Q2 25 | 2.87× | 2.69× | ||
| Q1 25 | 2.39× | 2.98× | ||
| Q4 24 | 0.80× | 4.23× | ||
| Q3 24 | — | 3.40× | ||
| Q2 24 | 6.06× | -0.86× |
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% |
XPRO
| NLA | $130.3M | 34% |
| ESSA | $116.3M | 30% |
| MENA | $93.0M | 24% |
| Other | $42.5M | 11% |
