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Side-by-side financial comparison of CSG SYSTEMS INTERNATIONAL INC (CSGS) and LAUREATE EDUCATION, INC. (LAUR). Click either name above to swap in a different company.

LAUREATE EDUCATION, INC. is the larger business by last-quarter revenue ($541.4M vs $323.1M, roughly 1.7× CSG SYSTEMS INTERNATIONAL INC). LAUREATE EDUCATION, INC. runs the higher net margin — 31.7% vs 2.2%, a 29.5% gap on every dollar of revenue. On growth, LAUREATE EDUCATION, INC. posted the faster year-over-year revenue change (27.9% vs 2.0%). CSG SYSTEMS INTERNATIONAL INC produced more free cash flow last quarter ($55.8M vs $26.4M). Over the past eight quarters, LAUREATE EDUCATION, INC.'s revenue compounded faster (40.2% CAGR vs 4.6%).

CSG Holding Limited, formerly China Southern Glass Holding Limited, is the largest architectural glass manufacturer in China. It is involved in manufacturing and selling glass products, such as float glass, architectural glass, display glass, automotive glass, coated glass, mirrors, color filter glass, solar glass and conservation glass.

Laureate Education, Inc. is a company based in Miami, Florida, United States. The firm owns and operates Laureate International Universities, with campuses in Mexico and Peru. The company is publicly traded on the Nasdaq.

CSGS vs LAUR — Head-to-Head

Bigger by revenue
LAUR
LAUR
1.7× larger
LAUR
$541.4M
$323.1M
CSGS
Growing faster (revenue YoY)
LAUR
LAUR
+25.8% gap
LAUR
27.9%
2.0%
CSGS
Higher net margin
LAUR
LAUR
29.5% more per $
LAUR
31.7%
2.2%
CSGS
More free cash flow
CSGS
CSGS
$29.4M more FCF
CSGS
$55.8M
$26.4M
LAUR
Faster 2-yr revenue CAGR
LAUR
LAUR
Annualised
LAUR
40.2%
4.6%
CSGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CSGS
CSGS
LAUR
LAUR
Revenue
$323.1M
$541.4M
Net Profit
$7.0M
$171.6M
Gross Margin
50.0%
35.8%
Operating Margin
9.0%
33.2%
Net Margin
2.2%
31.7%
Revenue YoY
2.0%
27.9%
Net Profit YoY
-79.7%
83.2%
EPS (diluted)
$0.24
$1.14

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
CSGS
CSGS
LAUR
LAUR
Q4 25
$323.1M
$541.4M
Q3 25
$303.6M
$400.2M
Q2 25
$297.1M
$524.2M
Q1 25
$299.5M
$236.2M
Q4 24
$316.7M
$423.4M
Q3 24
$295.1M
$368.6M
Q2 24
$290.3M
$499.2M
Q1 24
$295.1M
$275.4M
Net Profit
CSGS
CSGS
LAUR
LAUR
Q4 25
$7.0M
$171.6M
Q3 25
$20.5M
$34.5M
Q2 25
$12.3M
$95.1M
Q1 25
$16.1M
$-19.5M
Q4 24
$34.5M
$93.6M
Q3 24
$19.1M
$85.5M
Q2 24
$13.8M
$128.1M
Q1 24
$19.5M
$-10.8M
Gross Margin
CSGS
CSGS
LAUR
LAUR
Q4 25
50.0%
35.8%
Q3 25
48.1%
20.9%
Q2 25
49.5%
39.5%
Q1 25
48.4%
-0.9%
Q4 24
51.3%
32.0%
Q3 24
49.4%
22.4%
Q2 24
47.3%
36.1%
Q1 24
46.5%
7.8%
Operating Margin
CSGS
CSGS
LAUR
LAUR
Q4 25
9.0%
33.2%
Q3 25
10.0%
17.9%
Q2 25
10.0%
36.9%
Q1 25
9.8%
-5.6%
Q4 24
13.4%
29.3%
Q3 24
10.8%
19.5%
Q2 24
8.8%
33.4%
Q1 24
10.8%
4.0%
Net Margin
CSGS
CSGS
LAUR
LAUR
Q4 25
2.2%
31.7%
Q3 25
6.7%
8.6%
Q2 25
4.1%
18.1%
Q1 25
5.4%
-8.3%
Q4 24
10.9%
22.1%
Q3 24
6.5%
23.2%
Q2 24
4.8%
25.7%
Q1 24
6.6%
-3.9%
EPS (diluted)
CSGS
CSGS
LAUR
LAUR
Q4 25
$0.24
$1.14
Q3 25
$0.73
$0.23
Q2 25
$0.44
$0.65
Q1 25
$0.57
$-0.13
Q4 24
$1.20
$0.60
Q3 24
$0.67
$0.56
Q2 24
$0.48
$0.83
Q1 24
$0.68
$-0.07

Balance Sheet & Financial Strength

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

Metric
CSGS
CSGS
LAUR
LAUR
Cash + ST InvestmentsLiquidity on hand
$180.0M
$146.7M
Total DebtLower is stronger
$539.5M
$73.1M
Stockholders' EquityBook value
$283.7M
$1.2B
Total Assets
$1.5B
$2.2B
Debt / EquityLower = less leverage
1.90×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSGS
CSGS
LAUR
LAUR
Q4 25
$180.0M
$146.7M
Q3 25
$158.4M
$241.0M
Q2 25
$145.9M
$135.3M
Q1 25
$136.0M
$109.8M
Q4 24
$161.8M
$91.3M
Q3 24
$118.4M
$134.4M
Q2 24
$110.4M
$128.8M
Q1 24
$120.8M
$126.2M
Total Debt
CSGS
CSGS
LAUR
LAUR
Q4 25
$539.5M
$73.1M
Q3 25
$538.6M
$70.6M
Q2 25
$537.8M
$78.1M
Q1 25
$537.6M
$91.0M
Q4 24
$538.5M
$59.0M
Q3 24
$539.5M
$129.8M
Q2 24
$540.5M
$203.0M
Q1 24
$541.5M
$176.6M
Stockholders' Equity
CSGS
CSGS
LAUR
LAUR
Q4 25
$283.7M
$1.2B
Q3 25
$289.5M
$1.1B
Q2 25
$290.7M
$1.1B
Q1 25
$283.1M
$908.5M
Q4 24
$282.6M
$959.5M
Q3 24
$288.4M
$897.7M
Q2 24
$273.3M
$918.0M
Q1 24
$269.3M
$933.6M
Total Assets
CSGS
CSGS
LAUR
LAUR
Q4 25
$1.5B
$2.2B
Q3 25
$1.5B
$2.1B
Q2 25
$1.4B
$2.0B
Q1 25
$1.4B
$1.9B
Q4 24
$1.5B
$1.9B
Q3 24
$1.4B
$1.9B
Q2 24
$1.4B
$2.1B
Q1 24
$1.3B
$2.2B
Debt / Equity
CSGS
CSGS
LAUR
LAUR
Q4 25
1.90×
0.06×
Q3 25
1.86×
0.06×
Q2 25
1.85×
0.07×
Q1 25
1.90×
0.10×
Q4 24
1.91×
0.06×
Q3 24
1.87×
0.14×
Q2 24
1.98×
0.22×
Q1 24
2.01×
0.19×

Cash Flow & Capital Efficiency

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

Metric
CSGS
CSGS
LAUR
LAUR
Operating Cash FlowLast quarter
$59.2M
$93.4M
Free Cash FlowOCF − Capex
$55.8M
$26.4M
FCF MarginFCF / Revenue
17.3%
4.9%
Capex IntensityCapex / Revenue
1.1%
12.4%
Cash ConversionOCF / Net Profit
8.46×
0.54×
TTM Free Cash FlowTrailing 4 quarters
$141.4M
$263.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSGS
CSGS
LAUR
LAUR
Q4 25
$59.2M
$93.4M
Q3 25
$47.9M
$141.0M
Q2 25
$37.3M
$74.1M
Q1 25
$11.5M
$57.8M
Q4 24
$82.5M
$40.7M
Q3 24
$39.5M
$118.7M
Q2 24
$43.1M
$40.2M
Q1 24
$-29.4M
$33.2M
Free Cash Flow
CSGS
CSGS
LAUR
LAUR
Q4 25
$55.8M
$26.4M
Q3 25
$43.9M
$122.8M
Q2 25
$34.6M
$60.8M
Q1 25
$7.1M
$53.2M
Q4 24
$76.6M
$3.4M
Q3 24
$32.0M
$110.7M
Q2 24
$38.8M
$29.5M
Q1 24
$-34.1M
$17.3M
FCF Margin
CSGS
CSGS
LAUR
LAUR
Q4 25
17.3%
4.9%
Q3 25
14.5%
30.7%
Q2 25
11.6%
11.6%
Q1 25
2.4%
22.5%
Q4 24
24.2%
0.8%
Q3 24
10.8%
30.0%
Q2 24
13.4%
5.9%
Q1 24
-11.6%
6.3%
Capex Intensity
CSGS
CSGS
LAUR
LAUR
Q4 25
1.1%
12.4%
Q3 25
1.3%
4.5%
Q2 25
0.9%
2.5%
Q1 25
1.5%
2.0%
Q4 24
1.9%
8.8%
Q3 24
2.5%
2.2%
Q2 24
1.5%
2.1%
Q1 24
1.6%
5.8%
Cash Conversion
CSGS
CSGS
LAUR
LAUR
Q4 25
8.46×
0.54×
Q3 25
2.34×
4.09×
Q2 25
3.04×
0.78×
Q1 25
0.71×
Q4 24
2.39×
0.43×
Q3 24
2.07×
1.39×
Q2 24
3.12×
0.31×
Q1 24
-1.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSGS
CSGS

Software As A Service And Related Solutions$287.2M89%
License And Service$22.6M7%
Maintenance$13.3M4%

LAUR
LAUR

Mexico Segment$275.9M51%
Peru Segment$265.5M49%

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