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Side-by-side financial comparison of Six Flags Entertainment Corporation (FUN) and Lightspeed Commerce Inc. (LSPD). Click either name above to swap in a different company.

Lightspeed Commerce Inc. is the larger business by last-quarter revenue ($823.4M vs $650.1M, roughly 1.3× Six Flags Entertainment Corporation). Lightspeed Commerce Inc. runs the higher net margin — -11.1% vs -14.2%, a 3.1% gap on every dollar of revenue.

Six Flags, officially Six Flags Entertainment Corporation, is an American amusement park company headquartered in Charlotte, North Carolina, United States. The company has 42 locations in its portfolio, including 27 amusement parks and 15 water parks, with nine on-site resort properties. Formed on July 1, 2024, following a merger of equals between longtime competitors Cedar Fair and the former Six Flags company, it is the largest regional amusement park operator in the world. Upon completion ...

Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada. It was founded in 2005 by Dax da Silva, who was its CEO until February 2022. It has offices in Montreal, New York, Ottawa, Toronto, London, Belfast, Amsterdam, Berlin, Geneva, Ghent, Melbourne, Ulyanovsk, Yerevan and Tbilisi. It offers its services to retail, restaurant, and hospitality businesses.

FUN vs LSPD — Head-to-Head

Bigger by revenue
LSPD
LSPD
1.3× larger
LSPD
$823.4M
$650.1M
FUN
Higher net margin
LSPD
LSPD
3.1% more per $
LSPD
-11.1%
-14.2%
FUN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FUN
FUN
LSPD
LSPD
Revenue
$650.1M
$823.4M
Net Profit
$-92.4M
$-91.3M
Gross Margin
91.4%
41.1%
Operating Margin
-3.8%
-14.1%
Net Margin
-14.2%
-11.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.93

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
FUN
FUN
LSPD
LSPD
Q4 25
$650.1M
$823.4M
Q3 25
$1.3B
$543.3M
Q2 25
$930.4M
$266.1M
Q1 25
$202.1M
$253.4M
Q4 24
$679.1M
Q3 24
$1.3B
$439.4M
Q2 24
$571.6M
$209.1M
Q1 24
$230.2M
Net Profit
FUN
FUN
LSPD
LSPD
Q4 25
$-92.4M
$-91.3M
Q3 25
$-1.2B
$-64.7M
Q2 25
$-99.6M
$-35.0M
Q1 25
$-219.7M
$-575.9M
Q4 24
$-131.4M
Q3 24
$111.0M
$-91.2M
Q2 24
$55.6M
$-48.7M
Q1 24
$-32.5M
Gross Margin
FUN
FUN
LSPD
LSPD
Q4 25
91.4%
41.1%
Q3 25
91.6%
41.0%
Q2 25
91.3%
40.7%
Q1 25
89.3%
44.1%
Q4 24
42.1%
Q3 24
91.9%
41.9%
Q2 24
90.7%
42.0%
Q1 24
43.3%
Operating Margin
FUN
FUN
LSPD
LSPD
Q4 25
-3.8%
-14.1%
Q3 25
-83.7%
-15.1%
Q2 25
8.0%
-16.6%
Q1 25
-158.9%
-228.9%
Q4 24
-23.8%
Q3 24
19.5%
-25.1%
Q2 24
21.6%
-27.9%
Q1 24
-17.9%
Net Margin
FUN
FUN
LSPD
LSPD
Q4 25
-14.2%
-11.1%
Q3 25
-90.1%
-11.9%
Q2 25
-10.7%
-13.2%
Q1 25
-108.7%
-227.3%
Q4 24
-19.4%
Q3 24
8.2%
-20.8%
Q2 24
9.7%
-23.3%
Q1 24
-14.1%
EPS (diluted)
FUN
FUN
LSPD
LSPD
Q4 25
$-0.93
Q3 25
$-11.77
Q2 25
$-0.99
Q1 25
$-2.20
$0.10
Q4 24
Q3 24
$1.10
Q2 24
$-0.01
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
FUN
FUN
LSPD
LSPD
Cash + ST InvestmentsLiquidity on hand
$91.1M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$549.8M
Total Assets
$7.8B
Debt / EquityLower = less leverage
9.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUN
FUN
LSPD
LSPD
Q4 25
$91.1M
Q3 25
$70.7M
Q2 25
$107.4M
Q1 25
$61.5M
Q4 24
Q3 24
$89.7M
Q2 24
$52.9M
Q1 24
Total Debt
FUN
FUN
LSPD
LSPD
Q4 25
$5.2B
Q3 25
$5.0B
Q2 25
$5.3B
Q1 25
$5.0B
Q4 24
Q3 24
$4.6B
Q2 24
$2.3B
Q1 24
Stockholders' Equity
FUN
FUN
LSPD
LSPD
Q4 25
$549.8M
Q3 25
$614.3M
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
Q3 24
$2.3B
Q2 24
Q1 24
Total Assets
FUN
FUN
LSPD
LSPD
Q4 25
$7.8B
Q3 25
$7.9B
Q2 25
$9.5B
Q1 25
$9.2B
Q4 24
Q3 24
$9.4B
Q2 24
$2.3B
Q1 24
Debt / Equity
FUN
FUN
LSPD
LSPD
Q4 25
9.40×
Q3 25
8.16×
Q2 25
2.97×
Q1 25
2.75×
Q4 24
Q3 24
1.95×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FUN
FUN
LSPD
LSPD
Operating Cash FlowLast quarter
$-37.7M
Free Cash FlowOCF − Capex
$-109.3M
FCF MarginFCF / Revenue
-16.8%
Capex IntensityCapex / Revenue
11.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-152.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUN
FUN
LSPD
LSPD
Q4 25
$-37.7M
Q3 25
$356.2M
Q2 25
$187.0M
Q1 25
$-178.0M
$-9.9M
Q4 24
Q3 24
$337.4M
Q2 24
$-26.1M
Q1 24
$-28.5M
Free Cash Flow
FUN
FUN
LSPD
LSPD
Q4 25
$-109.3M
Q3 25
$256.2M
Q2 25
$18.8M
Q1 25
$-318.0M
Q4 24
Q3 24
$227.7M
Q2 24
Q1 24
FCF Margin
FUN
FUN
LSPD
LSPD
Q4 25
-16.8%
Q3 25
19.4%
Q2 25
2.0%
Q1 25
-157.4%
Q4 24
Q3 24
16.9%
Q2 24
Q1 24
Capex Intensity
FUN
FUN
LSPD
LSPD
Q4 25
11.0%
Q3 25
7.6%
Q2 25
18.1%
Q1 25
69.3%
Q4 24
Q3 24
8.1%
Q2 24
Q1 24
Cash Conversion
FUN
FUN
LSPD
LSPD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
3.04×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FUN
FUN

Admission$327.4M50%
Food Merchandiseand Gaming$205.7M32%
Accommodations Extra Charge Products And Other$117.0M18%

LSPD
LSPD

Segment breakdown not available.

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