Pulse vs PageSpeed Insights
Both run Lighthouse against your page in a real browser, so the timing numbers should broadly agree. They differ in what happens next: PageSpeed Insights adds field data from real Chrome users, and Pulse adds its own analysis of what the page is made of and what to fix first.
Use PageSpeed Insights when
It is the better tool for one important thing, and it would be dishonest to bury it. PageSpeed Insights reports field data from the Chrome UX Report, which is what Google actually assesses your pages on. If your question is whether a URL passes Core Web Vitals, that is the authoritative answer and Pulse cannot give it to you. It is also free, run by Google, and needs no explanation to a client.
Use Pulse when
Field data tells you that a page is slow. It does not tell you that a single hero image is being downloaded at 3840px and painted at 1280px, costing 1.4 MB. Pulse exists for the second question. It inspects the rendered DOM, the network log and the trace, then ranks every finding by the saving it actually measured on your page, so the top of the list is the thing worth doing first rather than the first audit that happened to fail.
Side by side
Lighthouse performance, SEO, accessibility and best practices
Pulse: Yes
PageSpeed Insights: Yes
Core Web Vitals measured in a real Chromium browser
Pulse: Yes
PageSpeed Insights: Yes
Field data from real Chrome users
Pulse:
PageSpeed Insights: Yes
Free, no account required
Pulse: Yes
PageSpeed Insights: Yes
Page weight broken down by resource type
Pulse: Treemap by bytes
PageSpeed Insights: Totals only
Images shipped larger than displayed
Pulse: With both dimensions
PageSpeed Insights: Bytes only
Network waterfall from the trace
Pulse: Yes
PageSpeed Insights: No
Findings ranked by measured impact across categories
Pulse: Yes
PageSpeed Insights: No
Own scoring alongside Lighthouse, with the weighting shown
Pulse: Yes
PageSpeed Insights: No
SEO rules run against the rendered DOM
Pulse: 25 rules
PageSpeed Insights: Lighthouse subset
axe-core accessibility results with affected elements
Pulse: Yes
PageSpeed Insights: No
PDF export of the full report
Pulse: Yes
PageSpeed Insights: No
Why the scores differ
Lighthouse scores performance from five timing metrics and nothing else. Pulse weighs those same timings but also accounts for total page weight, request count and third party bytes, because a page can hit good timings on a fast connection while shipping several megabytes that punish a real visitor on a phone. Both numbers appear on every Pulse report, side by side, and the breakdown shows where each point was lost.
Neither is presented as the other. If you need the number Google uses, read the Lighthouse column.
The honest answer
Use both. Check PageSpeed Insights to see whether real users are having a bad time, then run Pulse to find out why and to verify the fix, because field data takes 28 days to reflect a change and lab data reflects it immediately.
Run both and compare for yourself
A Pulse audit takes under a minute and reports the Lighthouse scores alongside its own.