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

Constellation Energy is the larger business by last-quarter revenue ($5.7B vs $3.0B, roughly 1.9× LESAKA TECHNOLOGIES INC). Constellation Energy runs the higher net margin — 7.6% vs 0.0%, a 7.6% gap on every dollar of revenue. On growth, Constellation Energy posted the faster year-over-year revenue change (25.8% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (352.8% CAGR vs 4.0%).

Constellation Energy Corporation is an American energy company headquartered in Baltimore, Maryland. The company provides electric power, natural gas, and energy management services. It has approximately two million customers across the continental United States.

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.

CEG vs LSAK — Head-to-Head

Bigger by revenue
CEG
CEG
1.9× larger
CEG
$5.7B
$3.0B
LSAK
Growing faster (revenue YoY)
CEG
CEG
+25.6% gap
CEG
25.8%
0.2%
LSAK
Higher net margin
CEG
CEG
7.6% more per $
CEG
7.6%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
352.8%
4.0%
CEG

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
CEG
CEG
LSAK
LSAK
Revenue
$5.7B
$3.0B
Net Profit
$432.0M
$437.0K
Gross Margin
Operating Margin
10.5%
2.2%
Net Margin
7.6%
0.0%
Revenue YoY
25.8%
0.2%
Net Profit YoY
-49.3%
EPS (diluted)
$1.38

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
CEG
CEG
LSAK
LSAK
Q3 26
$3.0B
Q4 25
$5.7B
$178.7M
Q3 25
$5.7B
$171.4M
Q2 25
$5.2B
$168.5M
Q1 25
$6.1B
$161.4M
Q4 24
$4.5B
$176.2M
Q3 24
$4.8B
$153.6M
Q2 24
$4.4B
$146.0M
Net Profit
CEG
CEG
LSAK
LSAK
Q3 26
$437.0K
Q4 25
$432.0M
$3.6M
Q3 25
$930.0M
$-4.3M
Q2 25
$839.0M
$-28.4M
Q1 25
$118.0M
$-22.1M
Q4 24
$852.0M
$-32.5M
Q3 24
$1.2B
$-4.5M
Q2 24
$814.0M
$-5.0M
Gross Margin
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
31.4%
Q3 25
30.9%
Q2 25
28.9%
Q1 25
27.5%
Q4 24
25.7%
Q3 24
22.6%
Q2 24
22.6%
Operating Margin
CEG
CEG
LSAK
LSAK
Q3 26
2.2%
Q4 25
10.5%
1.2%
Q3 25
19.0%
0.2%
Q2 25
18.4%
-16.7%
Q1 25
7.4%
0.4%
Q4 24
21.5%
0.3%
Q3 24
30.7%
-0.0%
Q2 24
25.0%
0.2%
Net Margin
CEG
CEG
LSAK
LSAK
Q3 26
0.0%
Q4 25
7.6%
2.0%
Q3 25
16.3%
-2.5%
Q2 25
16.3%
-16.9%
Q1 25
1.9%
-13.7%
Q4 24
18.8%
-18.4%
Q3 24
25.1%
-3.0%
Q2 24
18.5%
-3.4%
EPS (diluted)
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
$1.38
$0.04
Q3 25
$2.97
$-0.05
Q2 25
$2.67
$-0.40
Q1 25
$0.38
$-0.27
Q4 24
$2.71
$-0.40
Q3 24
$3.82
$-0.07
Q2 24
$2.58
$-0.08

Balance Sheet & Financial Strength

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

Metric
CEG
CEG
LSAK
LSAK
Cash + ST InvestmentsLiquidity on hand
$3.6B
$1.5B
Total DebtLower is stronger
$7.4B
$3.2B
Stockholders' EquityBook value
$14.5B
Total Assets
$57.2B
$11.5B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CEG
CEG
LSAK
LSAK
Q3 26
$1.5B
Q4 25
$3.6B
$69.5M
Q3 25
$4.0B
$72.2M
Q2 25
$2.0B
$76.5M
Q1 25
$1.8B
$71.0M
Q4 24
$3.0B
$60.6M
Q3 24
$1.8B
$49.7M
Q2 24
$311.0M
$59.1M
Total Debt
CEG
CEG
LSAK
LSAK
Q3 26
$3.2B
Q4 25
$7.4B
$216.8M
Q3 25
$208.1M
Q2 25
$200.8M
Q1 25
$194.7M
Q4 24
$8.5B
$148.7M
Q3 24
$148.5M
Q2 24
$143.2M
Stockholders' Equity
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
$14.5B
$180.6M
Q3 25
$14.3B
$170.4M
Q2 25
$13.4B
$161.6M
Q1 25
$13.0B
$185.2M
Q4 24
$13.2B
$193.3M
Q3 24
$12.6B
$184.2M
Q2 24
$11.4B
$175.9M
Total Assets
CEG
CEG
LSAK
LSAK
Q3 26
$11.5B
Q4 25
$57.2B
$704.6M
Q3 25
$56.2B
$652.9M
Q2 25
$53.0B
$653.7M
Q1 25
$52.3B
$649.2M
Q4 24
$52.9B
$640.6M
Q3 24
$51.8B
$551.9M
Q2 24
$51.3B
$558.5M
Debt / Equity
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
0.51×
1.20×
Q3 25
1.22×
Q2 25
1.24×
Q1 25
1.05×
Q4 24
0.64×
0.77×
Q3 24
0.81×
Q2 24
0.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CEG
CEG
LSAK
LSAK
Operating Cash FlowLast quarter
$805.0M
Free Cash FlowOCF − Capex
$-181.0M
FCF MarginFCF / Revenue
-3.2%
Capex IntensityCapex / Revenue
17.3%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
$805.0M
$-10.9M
Q3 25
$1.8B
$8.9M
Q2 25
$1.5B
$-9.1M
Q1 25
$107.0M
$10.7M
Q4 24
$-1.0B
$-9.2M
Q3 24
$-112.0M
$-4.1M
Q2 24
$-613.0M
$5.7M
Free Cash Flow
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
$-181.0M
$-14.8M
Q3 25
$1.5B
$4.9M
Q2 25
$710.0M
$-13.2M
Q1 25
$-699.0M
$7.8M
Q4 24
$-1.7B
$-15.5M
Q3 24
$-664.0M
$-8.1M
Q2 24
$-1.2B
$937.0K
FCF Margin
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
-3.2%
-8.3%
Q3 25
25.6%
2.9%
Q2 25
13.8%
-7.8%
Q1 25
-11.4%
4.9%
Q4 24
-38.6%
-8.8%
Q3 24
-13.9%
-5.3%
Q2 24
-26.3%
0.6%
Capex Intensity
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
17.3%
2.2%
Q3 25
6.8%
2.3%
Q2 25
14.9%
2.4%
Q1 25
13.2%
1.7%
Q4 24
16.1%
3.6%
Q3 24
11.6%
2.6%
Q2 24
12.4%
3.2%
Cash Conversion
CEG
CEG
LSAK
LSAK
Q3 26
Q4 25
1.86×
-2.99×
Q3 25
1.99×
Q2 25
1.76×
Q1 25
0.91×
Q4 24
-1.19×
Q3 24
-0.09×
Q2 24
-0.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CEG
CEG

Constellation Mid Atlantic$1.6B29%
Constellation Midwest$1.3B23%
Constellation Other Regions$1.1B20%
Other$660.0M12%
Constellation New York$618.0M11%
Constellation ERCOT$292.0M5%

LSAK
LSAK

Segment breakdown not available.

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