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PEGASYSTEMS INC（PEGA）与Childrens Place, Inc.（PLCE）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Childrens Place, Inc.的1.3倍（$430.0M vs $339.5M），PEGASYSTEMS INC净利率更高（7.6% vs -1.3%，领先8.9%），PEGASYSTEMS INC同比增速更快（-9.6% vs -13.0%），PEGASYSTEMS INC自由现金流更多（$206.5M vs $-3.4M），过去两年PEGASYSTEMS INC的营收复合增速更高（10.7% vs -13.6%）
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。
Children’s Place是专业儿童服饰零售商，产品主要以旗下自有品牌发售，涵盖Gymboree、Sugar & Jade、PJ Place、Crazy 8等。目前该品牌在美国、加拿大、波多黎各共开设约525家门店，同时通过两个线上渠道以及15个国家的5家加盟合作伙伴开展销售，产品涵盖上衣、裙装、鞋履、裤装、睡衣、背包等全品类儿童服饰配件。
PEGA vs PLCE — 直观对比
营收规模更大
PEGA
是对方的1.3倍
$339.5M
营收增速更快
PEGA
高出3.4%
-13.0%
净利率更高
PEGA
高出8.9%
-1.3%
自由现金流更多
PEGA
多$209.9M
$-3.4M
两年增速更快
PEGA
近两年复合增速
-13.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $430.0M | $339.5M |
| 净利润 | $32.8M | $-4.3M |
| 毛利率 | 75.2% | 33.1% |
| 营业利润率 | 8.6% | 1.1% |
| 净利率 | 7.6% | -1.3% |
| 营收同比 | -9.6% | -13.0% |
| 净利润同比 | — | -121.5% |
| 每股收益（稀释后） | $0.18 | $-0.19 |
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PEGAPLCE
| Q1 26 | $430.0M | — | ||
| Q4 25 | $504.3M | $339.5M | ||
| Q3 25 | $381.4M | $298.0M | ||
| Q2 25 | $384.5M | $242.1M | ||
| Q1 25 | $475.6M | $408.6M | ||
| Q4 24 | $490.8M | $390.2M | ||
| Q3 24 | $325.1M | $319.7M | ||
| Q2 24 | $351.2M | $267.9M |
净利润PEGAPLCE
| Q1 26 | $32.8M | — | ||
| Q4 25 | $234.6M | $-4.3M | ||
| Q3 25 | $43.4M | $-5.4M | ||
| Q2 25 | $30.1M | $-34.0M | ||
| Q1 25 | $85.4M | $-8.0M | ||
| Q4 24 | $119.1M | $20.1M | ||
| Q3 24 | $-14.4M | $-32.1M | ||
| Q2 24 | $6.6M | $-37.8M |
毛利率PEGAPLCE
| Q1 26 | 75.2% | — | ||
| Q4 25 | 79.5% | 33.1% | ||
| Q3 25 | 72.2% | 34.0% | ||
| Q2 25 | 71.5% | 29.2% | ||
| Q1 25 | 78.5% | 28.5% | ||
| Q4 24 | 79.1% | 35.5% | ||
| Q3 24 | 70.2% | 35.0% | ||
| Q2 24 | 72.4% | 34.6% |
营业利润率PEGAPLCE
| Q1 26 | 8.6% | — | ||
| Q4 25 | 20.7% | 1.1% | ||
| Q3 25 | 3.8% | 1.4% | ||
| Q2 25 | 4.5% | -10.0% | ||
| Q1 25 | 26.7% | 1.7% | ||
| Q4 24 | 29.1% | 7.5% | ||
| Q3 24 | -3.6% | -6.8% | ||
| Q2 24 | 3.7% | -10.4% |
净利率PEGAPLCE
| Q1 26 | 7.6% | — | ||
| Q4 25 | 46.5% | -1.3% | ||
| Q3 25 | 11.4% | -1.8% | ||
| Q2 25 | 7.8% | -14.1% | ||
| Q1 25 | 18.0% | -2.0% | ||
| Q4 24 | 24.3% | 5.1% | ||
| Q3 24 | -4.4% | -10.0% | ||
| Q2 24 | 1.9% | -14.1% |
每股收益（稀释后）PEGAPLCE
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.81 | $-0.19 | ||
| Q3 25 | $0.24 | $-0.24 | ||
| Q2 25 | $0.17 | $-1.57 | ||
| Q1 25 | $0.91 | $-0.60 | ||
| Q4 24 | $1.35 | $1.57 | ||
| Q3 24 | $-0.17 | $-2.51 | ||
| Q2 24 | $0.07 | $-2.98 |
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 | $270.0M | $7.3M |
| 总债务越低越好 | — | $107.4M |
| 股东权益账面价值 | $705.9M | $-8.6M |
| 总资产 | $1.6B | $762.5M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PEGAPLCE
| Q1 26 | $270.0M | — | ||
| Q4 25 | $425.8M | $7.3M | ||
| Q3 25 | $351.4M | $7.8M | ||
| Q2 25 | $411.6M | $5.7M | ||
| Q1 25 | $371.7M | $5.3M | ||
| Q4 24 | $740.0M | $5.7M | ||
| Q3 24 | $703.0M | $9.6M | ||
| Q2 24 | $665.1M | $13.0M |
总债务PEGAPLCE
| Q1 26 | — | — | ||
| Q4 25 | — | $107.4M | ||
| Q3 25 | — | $107.2M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $166.0M | ||
| Q4 24 | — | $165.7M | ||
| Q3 24 | — | $165.4M | ||
| Q2 24 | — | $166.6M |
股东权益PEGAPLCE
| Q1 26 | $705.9M | — | ||
| Q4 25 | $787.4M | $-8.6M | ||
| Q3 25 | $596.8M | $-4.9M | ||
| Q2 25 | $624.5M | $1.4M | ||
| Q1 25 | $611.3M | $-59.4M | ||
| Q4 24 | $585.5M | $-49.6M | ||
| Q3 24 | $473.0M | $-68.9M | ||
| Q2 24 | $435.4M | $-34.9M |
总资产PEGAPLCE
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $762.5M | ||
| Q3 25 | $1.3B | $805.1M | ||
| Q2 25 | $1.3B | $779.6M | ||
| Q1 25 | $1.3B | $747.6M | ||
| Q4 24 | $1.8B | $888.8M | ||
| Q3 24 | $1.6B | $921.4M | ||
| Q2 24 | $1.5B | $848.3M |
负债/权益比PEGAPLCE
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 75.63× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $206.5M | $-3.4M |
| 自由现金流率自由现金流/营收 | 48.0% | -1.0% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $494.9M | $39.5M |
8季度趋势，按日历期对齐
经营现金流PEGAPLCE
| Q1 26 | — | — | ||
| Q4 25 | $158.4M | $6.2M | ||
| Q3 25 | $56.3M | $-30.5M | ||
| Q2 25 | $86.3M | $-43.0M | ||
| Q1 25 | $204.2M | $121.3M | ||
| Q4 24 | $95.2M | $-44.2M | ||
| Q3 24 | $30.5M | $-83.9M | ||
| Q2 24 | $40.1M | $-110.8M |
自由现金流PEGAPLCE
| Q1 26 | $206.5M | — | ||
| Q4 25 | $152.4M | $-3.4M | ||
| Q3 25 | $51.8M | $-31.9M | ||
| Q2 25 | $84.1M | $-46.4M | ||
| Q1 25 | $202.3M | $121.2M | ||
| Q4 24 | $92.4M | $-47.7M | ||
| Q3 24 | $27.4M | $-91.7M | ||
| Q2 24 | $38.8M | $-115.5M |
自由现金流率PEGAPLCE
| Q1 26 | 48.0% | — | ||
| Q4 25 | 30.2% | -1.0% | ||
| Q3 25 | 13.6% | -10.7% | ||
| Q2 25 | 21.9% | -19.2% | ||
| Q1 25 | 42.5% | 29.7% | ||
| Q4 24 | 18.8% | -12.2% | ||
| Q3 24 | 8.4% | -28.7% | ||
| Q2 24 | 11.1% | -43.1% |
资本支出强度PEGAPLCE
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 2.8% | ||
| Q3 25 | 1.2% | 0.5% | ||
| Q2 25 | 0.6% | 1.4% | ||
| Q1 25 | 0.4% | 0.0% | ||
| Q4 24 | 0.6% | 0.9% | ||
| Q3 24 | 0.9% | 2.4% | ||
| Q2 24 | 0.4% | 1.8% |
现金转化率PEGAPLCE
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 2.87× | — | ||
| Q1 25 | 2.39× | — | ||
| Q4 24 | 0.80× | -2.20× | ||
| Q3 24 | — | — | ||
| 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
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
PLCE
| The Childrens Place US | $307.4M | 91% |
| The Childrens Place International | $32.1M | 9% |
| Gift Cards | $1.7M | 1% |
