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Side-by-side financial comparison of Air Products (APD) and LESAKA TECHNOLOGIES INC (LSAK). Click either name above to swap in a different company.

Air Products is the larger business by last-quarter revenue ($3.2B vs $3.0B, roughly 1.1× LESAKA TECHNOLOGIES INC). Air Products runs the higher net margin — 22.9% vs 0.0%, a 22.8% gap on every dollar of revenue. On growth, Air Products posted the faster year-over-year revenue change (8.8% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (341.6% CAGR vs 3.1%).

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasificati...

Lesaka Technologies is a South-African financial technology company that is listed on the NASDAQ and Johannesburg Stock Exchange. Lesaka’s primary focus is on financial inclusion, offering financial services to previously underserved communities and merchants.

APD vs LSAK — Head-to-Head

Bigger by revenue
APD
APD
1.1× larger
APD
$3.2B
$3.0B
LSAK
Growing faster (revenue YoY)
APD
APD
+8.6% gap
APD
8.8%
0.2%
LSAK
Higher net margin
APD
APD
22.8% more per $
APD
22.9%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
341.6%
3.1%
APD

Income Statement — Q2 FY2026 vs Q1 FY2027

Metric
APD
APD
LSAK
LSAK
Revenue
$3.2B
$3.0B
Net Profit
$724.8M
$437.0K
Gross Margin
31.1%
Operating Margin
2.2%
Net Margin
22.9%
0.0%
Revenue YoY
8.8%
0.2%
Net Profit YoY
166.6%
EPS (diluted)
$3.19

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
APD
APD
LSAK
LSAK
Q3 26
$3.0B
Q2 26
$3.1B
Q1 26
$3.2B
Q4 25
$3.1B
$178.7M
Q3 25
$3.2B
$171.4M
Q2 25
$3.0B
$168.5M
Q1 25
$2.9B
$161.4M
Q4 24
$2.9B
$176.2M
Net Profit
APD
APD
LSAK
LSAK
Q3 26
$437.0K
Q2 26
$3.6M
Q1 26
$724.8M
Q4 25
$678.2M
$3.6M
Q3 25
$4.9M
$-4.3M
Q2 25
$713.8M
$-28.4M
Q1 25
$-1.7B
$-22.1M
Q4 24
$617.4M
$-32.5M
Gross Margin
APD
APD
LSAK
LSAK
Q3 26
Q2 26
Q1 26
31.1%
Q4 25
32.1%
31.4%
Q3 25
32.3%
30.9%
Q2 25
32.5%
28.9%
Q1 25
29.6%
27.5%
Q4 24
31.2%
25.7%
Operating Margin
APD
APD
LSAK
LSAK
Q3 26
2.2%
Q2 26
1.2%
Q1 26
Q4 25
23.7%
1.2%
Q3 25
0.5%
0.2%
Q2 25
26.2%
-16.7%
Q1 25
-79.8%
0.4%
Q4 24
22.0%
0.3%
Net Margin
APD
APD
LSAK
LSAK
Q3 26
0.0%
Q2 26
0.1%
Q1 26
22.9%
Q4 25
21.9%
2.0%
Q3 25
0.2%
-2.5%
Q2 25
23.6%
-16.9%
Q1 25
-59.3%
-13.7%
Q4 24
21.1%
-18.4%
EPS (diluted)
APD
APD
LSAK
LSAK
Q3 26
Q2 26
Q1 26
$3.19
Q4 25
$3.04
$0.04
Q3 25
$0.03
$-0.05
Q2 25
$3.20
$-0.40
Q1 25
$-7.77
$-0.27
Q4 24
$2.77
$-0.40

Balance Sheet & Financial Strength

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

Metric
APD
APD
LSAK
LSAK
Cash + ST InvestmentsLiquidity on hand
$1.5B
Total DebtLower is stronger
$17.4M
$3.2B
Stockholders' EquityBook value
$18.1M
Total Assets
$41.6M
$11.5B
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APD
APD
LSAK
LSAK
Q3 26
$1.5B
Q2 26
$1.2B
Q1 26
Q4 25
$1.0B
$69.5M
Q3 25
$1.9B
$72.2M
Q2 25
$2.3B
$76.5M
Q1 25
$1.6B
$71.0M
Q4 24
$2.0B
$60.6M
Total Debt
APD
APD
LSAK
LSAK
Q3 26
$3.2B
Q2 26
$3.4B
Q1 26
$17.4M
Q4 25
$216.8M
Q3 25
$208.1M
Q2 25
$200.8M
Q1 25
$194.7M
Q4 24
$148.7M
Stockholders' Equity
APD
APD
LSAK
LSAK
Q3 26
Q2 26
Q1 26
$18.1M
Q4 25
$15.4B
$180.6M
Q3 25
$15.0B
$170.4M
Q2 25
$15.5B
$161.6M
Q1 25
$14.7B
$185.2M
Q4 24
$16.7B
$193.3M
Total Assets
APD
APD
LSAK
LSAK
Q3 26
$11.5B
Q2 26
$11.7B
Q1 26
$41.6M
Q4 25
$41.2B
$704.6M
Q3 25
$41.1B
$652.9M
Q2 25
$41.7B
$653.7M
Q1 25
$38.9B
$649.2M
Q4 24
$40.0B
$640.6M
Debt / Equity
APD
APD
LSAK
LSAK
Q3 26
Q2 26
Q1 26
0.96×
Q4 25
1.20×
Q3 25
1.22×
Q2 25
1.24×
Q1 25
1.05×
Q4 24
0.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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