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Side-by-side financial comparison of Certara, Inc. (CERT) and Leslie's, Inc. (LESL). Click either name above to swap in a different company.

Leslie's, Inc. is the larger business by last-quarter revenue ($147.1M vs $103.6M, roughly 1.4× Certara, Inc.). Certara, Inc. runs the higher net margin — -5.7% vs -56.4%, a 50.7% gap on every dollar of revenue. On growth, Certara, Inc. posted the faster year-over-year revenue change (3.3% vs -16.0%). Certara, Inc. produced more free cash flow last quarter ($27.8M vs $-85.5M). Over the past eight quarters, Certara, Inc.'s revenue compounded faster (3.6% CAGR vs -11.7%).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

Leslie's, Inc., operating as Leslie's Swimming Pool Supplies, is the largest retailer of swimming pool supplies and related products. The company is headquartered in Phoenix, Arizona, and has a particularly strong retail presence in Arizona, California, Florida, Georgia and Texas.

CERT vs LESL — Head-to-Head

Bigger by revenue
LESL
LESL
1.4× larger
LESL
$147.1M
$103.6M
CERT
Growing faster (revenue YoY)
CERT
CERT
+19.3% gap
CERT
3.3%
-16.0%
LESL
Higher net margin
CERT
CERT
50.7% more per $
CERT
-5.7%
-56.4%
LESL
More free cash flow
CERT
CERT
$113.3M more FCF
CERT
$27.8M
$-85.5M
LESL
Faster 2-yr revenue CAGR
CERT
CERT
Annualised
CERT
3.6%
-11.7%
LESL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CERT
CERT
LESL
LESL
Revenue
$103.6M
$147.1M
Net Profit
$-5.9M
$-83.0M
Gross Margin
18.4%
Operating Margin
0.8%
-46.7%
Net Margin
-5.7%
-56.4%
Revenue YoY
3.3%
-16.0%
Net Profit YoY
-189.6%
-86.2%
EPS (diluted)
$-0.04
$-8.92

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
CERT
CERT
LESL
LESL
Q1 26
$147.1M
Q4 25
$103.6M
$389.2M
Q3 25
$104.6M
Q2 25
$104.6M
$500.3M
Q1 25
$106.0M
$177.1M
Q4 24
$100.4M
$175.2M
Q3 24
$94.8M
$397.9M
Q2 24
$93.3M
$569.6M
Net Profit
CERT
CERT
LESL
LESL
Q1 26
$-83.0M
Q4 25
$-5.9M
$-162.8M
Q3 25
$1.5M
Q2 25
$-2.0M
$21.7M
Q1 25
$4.7M
$-51.3M
Q4 24
$6.6M
$-44.6M
Q3 24
$-1.4M
$-9.9M
Q2 24
$-12.6M
$60.6M
Gross Margin
CERT
CERT
LESL
LESL
Q1 26
18.4%
Q4 25
38.6%
Q3 25
Q2 25
39.6%
Q1 25
24.8%
Q4 24
27.2%
Q3 24
36.0%
Q2 24
40.2%
Operating Margin
CERT
CERT
LESL
LESL
Q1 26
-46.7%
Q4 25
0.8%
-38.6%
Q3 25
2.9%
Q2 25
9.1%
13.7%
Q1 25
7.2%
-27.3%
Q4 24
6.0%
-22.7%
Q3 24
2.7%
6.6%
Q2 24
-9.7%
17.2%
Net Margin
CERT
CERT
LESL
LESL
Q1 26
-56.4%
Q4 25
-5.7%
-41.8%
Q3 25
1.5%
Q2 25
-1.9%
4.3%
Q1 25
4.5%
-29.0%
Q4 24
6.6%
-25.4%
Q3 24
-1.4%
-2.5%
Q2 24
-13.5%
10.6%
EPS (diluted)
CERT
CERT
LESL
LESL
Q1 26
$-8.92
Q4 25
$-0.04
$-20.59
Q3 25
$0.01
Q2 25
$-0.01
$0.12
Q1 25
$0.03
$-0.28
Q4 24
$0.04
$-4.82
Q3 24
$-0.01
$-2.46
Q2 24
$-0.08
$0.33

Balance Sheet & Financial Strength

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

Metric
CERT
CERT
LESL
LESL
Cash + ST InvestmentsLiquidity on hand
$189.4M
$3.6M
Total DebtLower is stronger
$293.1M
$781.6M
Stockholders' EquityBook value
$1.1B
$-489.9M
Total Assets
$1.6B
$649.4M
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
LESL
LESL
Q1 26
$3.6M
Q4 25
$189.4M
$64.3M
Q3 25
$172.7M
Q2 25
$162.3M
$42.7M
Q1 25
$179.1M
$17.3M
Q4 24
$179.2M
$11.6M
Q3 24
$233.0M
$108.5M
Q2 24
$224.6M
$74.4M
Total Debt
CERT
CERT
LESL
LESL
Q1 26
$781.6M
Q4 25
$293.1M
$756.6M
Q3 25
$293.5M
Q2 25
$294.2M
$776.6M
Q1 25
$294.8M
$858.1M
Q4 24
$295.4M
$796.6M
Q3 24
$296.1M
$783.7M
Q2 24
$296.7M
$783.7M
Stockholders' Equity
CERT
CERT
LESL
LESL
Q1 26
$-489.9M
Q4 25
$1.1B
$-408.0M
Q3 25
$1.1B
Q2 25
$1.1B
$-246.2M
Q1 25
$1.1B
$-269.5M
Q4 24
$1.1B
$-220.0M
Q3 24
$1.1B
$-177.1M
Q2 24
$1.0B
$-168.2M
Total Assets
CERT
CERT
LESL
LESL
Q1 26
$649.4M
Q4 25
$1.6B
$741.5M
Q3 25
$1.5B
Q2 25
$1.5B
$989.5M
Q1 25
$1.6B
$1.0B
Q4 24
$1.6B
$967.0M
Q3 24
$1.5B
$1.1B
Q2 24
$1.5B
$1.1B
Debt / Equity
CERT
CERT
LESL
LESL
Q1 26
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.27×
Q1 25
0.27×
Q4 24
0.28×
Q3 24
0.28×
Q2 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
CERT
CERT
LESL
LESL
Operating Cash FlowLast quarter
$28.8M
$-81.1M
Free Cash FlowOCF − Capex
$27.8M
$-85.5M
FCF MarginFCF / Revenue
26.8%
-58.1%
Capex IntensityCapex / Revenue
1.0%
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$94.4M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
LESL
LESL
Q1 26
$-81.1M
Q4 25
$28.8M
$48.2M
Q3 25
$32.3M
Q2 25
$17.8M
$114.9M
Q1 25
$17.4M
$-49.2M
Q4 24
$49.4M
$-105.1M
Q3 24
$17.0M
$47.1M
Q2 24
$9.8M
$175.5M
Free Cash Flow
CERT
CERT
LESL
LESL
Q1 26
$-85.5M
Q4 25
$27.8M
$41.8M
Q3 25
$32.1M
Q2 25
$17.8M
$107.1M
Q1 25
$16.8M
$-55.8M
Q4 24
$49.0M
$-109.8M
Q3 24
$16.8M
$34.1M
Q2 24
$9.4M
$165.2M
FCF Margin
CERT
CERT
LESL
LESL
Q1 26
-58.1%
Q4 25
26.8%
10.7%
Q3 25
30.7%
Q2 25
17.0%
21.4%
Q1 25
15.8%
-31.5%
Q4 24
48.8%
-62.6%
Q3 24
17.7%
8.6%
Q2 24
10.1%
29.0%
Capex Intensity
CERT
CERT
LESL
LESL
Q1 26
2.9%
Q4 25
1.0%
1.7%
Q3 25
0.2%
Q2 25
0.1%
1.6%
Q1 25
0.6%
3.7%
Q4 24
0.4%
2.7%
Q3 24
0.2%
3.2%
Q2 24
0.5%
1.8%
Cash Conversion
CERT
CERT
LESL
LESL
Q1 26
Q4 25
Q3 25
21.19×
Q2 25
5.29×
Q1 25
3.66×
Q4 24
7.51×
Q3 24
Q2 24
2.89×

Financial Flow Comparison

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

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