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CarGurus, Inc.（CARG）与PEGASYSTEMS INC（PEGA）财务数据对比。点击上方公司名可切换其他公司
PEGASYSTEMS INC的季度营收约是CarGurus, Inc.的2.1倍（$430.0M vs $209.1M）。CarGurus, Inc.净利率更高（23.8% vs 7.6%，领先16.2%）。CarGurus, Inc.同比增速更快（-8.5% vs -9.6%）。PEGASYSTEMS INC自由现金流更多（$206.5M vs $81.9M）。过去两年PEGASYSTEMS INC的营收复合增速更高（10.7% vs -1.6%）
CarGurus是一家汽车研究与选购平台，在美国、英国和加拿大开展业务，为消费者和汽车经销商提供新二手车本地车源对比服务，同时支持用户与卖家直接联系，帮助购车群体高效适配心仪车辆，也为经销商搭建了精准的客户对接渠道。
Pegasystems Inc.（简称Pega）是1983年成立的全球软件企业，总部位于美国马萨诸塞州沃尔瑟姆，1996年于纳斯达克上市，股票代码PEGA。公司主打低代码平台，面向企业客户提供工作流自动化、生成式AI驱动决策等相关解决方案。
CARG vs PEGA — 直观对比
营收规模更大
PEGA
是对方的2.1倍
$209.1M
营收增速更快
CARG
高出1.1%
-9.6%
净利率更高
CARG
高出16.2%
7.6%
自由现金流更多
PEGA
多$124.6M
$81.9M
两年增速更快
PEGA
近两年复合增速
-1.6%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $209.1M | $430.0M |
| 净利润 | $49.8M | $32.8M |
| 毛利率 | — | 75.2% |
| 营业利润率 | 57.0% | 8.6% |
| 净利率 | 23.8% | 7.6% |
| 营收同比 | -8.5% | -9.6% |
| 净利润同比 | 8.5% | -61.6% |
| 每股收益（稀释后） | $0.51 | $0.18 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CARGPEGA
| Q1 26 | — | $430.0M | ||
| Q4 25 | $209.1M | $504.3M | ||
| Q3 25 | $238.7M | $381.4M | ||
| Q2 25 | $234.0M | $384.5M | ||
| Q1 25 | $225.2M | $475.6M | ||
| Q4 24 | $228.5M | $490.8M | ||
| Q3 24 | $231.4M | $325.1M | ||
| Q2 24 | $218.7M | $351.2M |
净利润CARGPEGA
| Q1 26 | — | $32.8M | ||
| Q4 25 | $49.8M | $234.6M | ||
| Q3 25 | $44.7M | $43.4M | ||
| Q2 25 | $22.3M | $30.1M | ||
| Q1 25 | $39.0M | $85.4M | ||
| Q4 24 | $45.9M | $119.1M | ||
| Q3 24 | $22.5M | $-14.4M | ||
| Q2 24 | $-68.7M | $6.6M |
毛利率CARGPEGA
| Q1 26 | — | 75.2% | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | 89.5% | 72.2% | ||
| Q2 25 | 87.3% | 71.5% | ||
| Q1 25 | 88.7% | 78.5% | ||
| Q4 24 | 87.1% | 79.1% | ||
| Q3 24 | 78.9% | 70.2% | ||
| Q2 24 | 83.4% | 72.4% |
营业利润率CARGPEGA
| Q1 26 | — | 8.6% | ||
| Q4 25 | 57.0% | 20.7% | ||
| Q3 25 | 22.9% | 3.8% | ||
| Q2 25 | 10.6% | 4.5% | ||
| Q1 25 | 20.3% | 26.7% | ||
| Q4 24 | 23.3% | 29.1% | ||
| Q3 24 | 11.9% | -3.6% | ||
| Q2 24 | -42.8% | 3.7% |
净利率CARGPEGA
| Q1 26 | — | 7.6% | ||
| Q4 25 | 23.8% | 46.5% | ||
| Q3 25 | 18.7% | 11.4% | ||
| Q2 25 | 9.5% | 7.8% | ||
| Q1 25 | 17.3% | 18.0% | ||
| Q4 24 | 20.1% | 24.3% | ||
| Q3 24 | 9.7% | -4.4% | ||
| Q2 24 | -31.4% | 1.9% |
每股收益（稀释后）CARGPEGA
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.51 | $0.81 | ||
| Q3 25 | $0.45 | $0.24 | ||
| Q2 25 | $0.22 | $0.17 | ||
| Q1 25 | $0.37 | $0.91 | ||
| Q4 24 | $0.45 | $1.35 | ||
| Q3 24 | $0.21 | $-0.17 | ||
| Q2 24 | $-0.66 | $0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $190.5M | $270.0M |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $374.2M | $705.9M |
| 总资产 | $661.9M | $1.6B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资CARGPEGA
| Q1 26 | — | $270.0M | ||
| Q4 25 | $190.5M | $425.8M | ||
| Q3 25 | $178.8M | $351.4M | ||
| Q2 25 | $231.2M | $411.6M | ||
| Q1 25 | $172.9M | $371.7M | ||
| Q4 24 | $304.2M | $740.0M | ||
| Q3 24 | $246.7M | $703.0M | ||
| Q2 24 | $216.2M | $665.1M |
总债务CARGPEGA
| Q1 26 | — | — | ||
| Q4 25 | $0 | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — |
股东权益CARGPEGA
| Q1 26 | — | $705.9M | ||
| Q4 25 | $374.2M | $787.4M | ||
| Q3 25 | $375.4M | $596.8M | ||
| Q2 25 | $435.5M | $624.5M | ||
| Q1 25 | $402.1M | $611.3M | ||
| Q4 24 | $541.7M | $585.5M | ||
| Q3 24 | $483.5M | $473.0M | ||
| Q2 24 | $452.1M | $435.4M |
总资产CARGPEGA
| Q1 26 | — | $1.6B | ||
| Q4 25 | $661.9M | $1.6B | ||
| Q3 25 | $660.5M | $1.3B | ||
| Q2 25 | $726.1M | $1.3B | ||
| Q1 25 | $689.1M | $1.3B | ||
| Q4 24 | $824.5M | $1.8B | ||
| Q3 24 | $778.2M | $1.6B | ||
| Q2 24 | $753.3M | $1.5B |
负债/权益比CARGPEGA
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $83.1M | — |
| 自由现金流经营现金流 - 资本支出 | $81.9M | $206.5M |
| 自由现金流率自由现金流/营收 | 39.2% | 48.0% |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 1.67× | — |
| 过去12个月自由现金流最近4个季度 | $288.9M | $494.9M |
8季度趋势，按日历期对齐
经营现金流CARGPEGA
| Q1 26 | — | — | ||
| Q4 25 | $83.1M | $158.4M | ||
| Q3 25 | $71.2M | $56.3M | ||
| Q2 25 | $73.1M | $86.3M | ||
| Q1 25 | $67.9M | $204.2M | ||
| Q4 24 | $75.7M | $95.2M | ||
| Q3 24 | $56.2M | $30.5M | ||
| Q2 24 | $71.6M | $40.1M |
自由现金流CARGPEGA
| Q1 26 | — | $206.5M | ||
| Q4 25 | $81.9M | $152.4M | ||
| Q3 25 | $69.8M | $51.8M | ||
| Q2 25 | $71.5M | $84.1M | ||
| Q1 25 | $65.6M | $202.3M | ||
| Q4 24 | $65.5M | $92.4M | ||
| Q3 24 | $45.9M | $27.4M | ||
| Q2 24 | $45.6M | $38.8M |
自由现金流率CARGPEGA
| Q1 26 | — | 48.0% | ||
| Q4 25 | 39.2% | 30.2% | ||
| Q3 25 | 29.2% | 13.6% | ||
| Q2 25 | 30.6% | 21.9% | ||
| Q1 25 | 29.2% | 42.5% | ||
| Q4 24 | 28.7% | 18.8% | ||
| Q3 24 | 19.8% | 8.4% | ||
| Q2 24 | 20.9% | 11.1% |
资本支出强度CARGPEGA
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 1.2% | ||
| Q3 25 | 0.6% | 1.2% | ||
| Q2 25 | 0.7% | 0.6% | ||
| Q1 25 | 1.0% | 0.4% | ||
| Q4 24 | 4.5% | 0.6% | ||
| Q3 24 | 4.4% | 0.9% | ||
| Q2 24 | 11.9% | 0.4% |
现金转化率CARGPEGA
| Q1 26 | — | — | ||
| Q4 25 | 1.67× | 0.68× | ||
| Q3 25 | 1.59× | 1.30× | ||
| Q2 25 | 3.27× | 2.87× | ||
| Q1 25 | 1.74× | 2.39× | ||
| Q4 24 | 1.65× | 0.80× | ||
| Q3 24 | 2.50× | — | ||
| Q2 24 | — | 6.06× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CARG
| US | $187.0M | 89% |
| Non Us | $22.1M | 11% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
