vs

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

Leidos is the larger business by last-quarter revenue ($4.4B vs $3.0B, roughly 1.5× LESAKA TECHNOLOGIES INC). Leidos runs the higher net margin — 7.6% vs 0.0%, a 7.6% gap on every dollar of revenue. On growth, Leidos posted the faster year-over-year revenue change (3.7% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (341.6% CAGR vs 3.5%).

Leidos Holdings, Inc. is an American defense, aviation, information technology, and biomedical research company headquartered in Reston, Virginia, that provides scientific, engineering, systems integration, and technical services. Founded as Science Applications International Corporation (SAIC), Leidos merged with Lockheed Martin's IT sector, Information Systems & Global Solutions, in August 2016 to create the defense industry’s largest IT services provider.

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.

LDOS vs LSAK — Head-to-Head

Bigger by revenue
LDOS
LDOS
1.5× larger
LDOS
$4.4B
$3.0B
LSAK
Growing faster (revenue YoY)
LDOS
LDOS
+3.5% gap
LDOS
3.7%
0.2%
LSAK
Higher net margin
LDOS
LDOS
7.6% more per $
LDOS
7.6%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
341.6%
3.5%
LDOS

Income Statement — Q1 FY2027 vs Q1 FY2027

Metric
LDOS
LDOS
LSAK
LSAK
Revenue
$4.4B
$3.0B
Net Profit
$335.0M
$437.0K
Gross Margin
17.3%
Operating Margin
11.5%
2.2%
Net Margin
7.6%
0.0%
Revenue YoY
3.7%
0.2%
Net Profit YoY
-8.2%
EPS (diluted)
$2.56

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
LDOS
LDOS
LSAK
LSAK
Q3 26
$3.0B
Q2 26
$3.1B
Q1 26
$4.2B
Q4 25
$4.4B
$178.7M
Q3 25
$4.2B
$171.4M
Q2 25
$4.2B
$168.5M
Q1 25
$4.3B
$161.4M
Q4 24
$176.2M
Net Profit
LDOS
LDOS
LSAK
LSAK
Q3 26
$437.0K
Q2 26
$3.6M
Q1 26
$327.0M
Q4 25
$367.0M
$3.6M
Q3 25
$391.0M
$-4.3M
Q2 25
$363.0M
$-28.4M
Q1 25
$284.0M
$-22.1M
Q4 24
$-32.5M
Gross Margin
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
17.4%
Q4 25
18.0%
31.4%
Q3 25
18.0%
30.9%
Q2 25
17.5%
28.9%
Q1 25
15.6%
27.5%
Q4 24
25.7%
Operating Margin
LDOS
LDOS
LSAK
LSAK
Q3 26
2.2%
Q2 26
1.2%
Q1 26
11.3%
Q4 25
12.0%
1.2%
Q3 25
13.5%
0.2%
Q2 25
12.5%
-16.7%
Q1 25
9.7%
0.4%
Q4 24
0.3%
Net Margin
LDOS
LDOS
LSAK
LSAK
Q3 26
0.0%
Q2 26
0.1%
Q1 26
7.8%
Q4 25
8.2%
2.0%
Q3 25
9.2%
-2.5%
Q2 25
8.6%
-16.9%
Q1 25
6.5%
-13.7%
Q4 24
-18.4%
EPS (diluted)
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
$2.54
Q4 25
$2.82
$0.04
Q3 25
$3.01
$-0.05
Q2 25
$2.77
$-0.40
Q1 25
$2.10
$-0.27
Q4 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
LDOS
LDOS
LSAK
LSAK
Cash + ST InvestmentsLiquidity on hand
$457.0M
$1.5B
Total DebtLower is stronger
$6.0B
$3.2B
Stockholders' EquityBook value
$5.1B
Total Assets
$15.4B
$11.5B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LDOS
LDOS
LSAK
LSAK
Q3 26
$1.5B
Q2 26
$1.2B
Q1 26
$1.1B
Q4 25
$974.0M
$69.5M
Q3 25
$930.0M
$72.2M
Q2 25
$842.0M
$76.5M
Q1 25
$943.0M
$71.0M
Q4 24
$60.6M
Total Debt
LDOS
LDOS
LSAK
LSAK
Q3 26
$3.2B
Q2 26
$3.4B
Q1 26
$4.6B
Q4 25
$4.6B
$216.8M
Q3 25
$5.0B
$208.1M
Q2 25
$5.0B
$200.8M
Q1 25
$4.1B
$194.7M
Q4 24
$148.7M
Stockholders' Equity
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
$4.9B
Q4 25
$4.9B
$180.6M
Q3 25
$4.7B
$170.4M
Q2 25
$4.3B
$161.6M
Q1 25
$4.4B
$185.2M
Q4 24
$193.3M
Total Assets
LDOS
LDOS
LSAK
LSAK
Q3 26
$11.5B
Q2 26
$11.7B
Q1 26
$13.5B
Q4 25
$13.5B
$704.6M
Q3 25
$13.5B
$652.9M
Q2 25
$13.2B
$653.7M
Q1 25
$13.1B
$649.2M
Q4 24
$640.6M
Debt / Equity
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
0.94×
Q4 25
0.94×
1.20×
Q3 25
1.07×
1.22×
Q2 25
1.18×
1.24×
Q1 25
0.92×
1.05×
Q4 24
0.77×

Cash Flow & Capital Efficiency

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

Metric
LDOS
LDOS
LSAK
LSAK
Operating Cash FlowLast quarter
$301.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
$495.0M
Q4 25
$-10.9M
Q3 25
$711.0M
$8.9M
Q2 25
$58.0M
$-9.1M
Q1 25
$299.0M
$10.7M
Q4 24
$-9.2M
Free Cash Flow
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
$452.0M
Q4 25
$-14.8M
Q3 25
$680.0M
$4.9M
Q2 25
$36.0M
$-13.2M
Q1 25
$213.0M
$7.8M
Q4 24
$-15.5M
FCF Margin
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
10.8%
Q4 25
-8.3%
Q3 25
16.1%
2.9%
Q2 25
0.9%
-7.8%
Q1 25
4.9%
4.9%
Q4 24
-8.8%
Capex Intensity
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
1.0%
Q4 25
2.2%
Q3 25
0.7%
2.3%
Q2 25
0.5%
2.4%
Q1 25
2.0%
1.7%
Q4 24
3.6%
Cash Conversion
LDOS
LDOS
LSAK
LSAK
Q3 26
Q2 26
Q1 26
1.51×
Q4 25
-2.99×
Q3 25
1.82×
Q2 25
0.16×
Q1 25
1.05×
Q4 24

Financial Flow Comparison

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

Related Comparisons