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Side-by-side financial comparison of LEE ENTERPRISES, Inc (LEE) and Nayax Ltd. (NYAX). Click either name above to swap in a different company.

LEE ENTERPRISES, Inc is the larger business by last-quarter revenue ($130.1M vs $78.1M, roughly 1.7× Nayax Ltd.). Nayax Ltd. runs the higher net margin — -3.9% vs -4.3%, a 0.5% gap on every dollar of revenue. On growth, Nayax Ltd. posted the faster year-over-year revenue change (39.0% vs -10.0%).

Lee Enterprises, Inc. is a publicly traded American media company. It publishes 72 daily newspapers in 25 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa.

Nayax Ltd. is a global fintech company that offers cashless, telemetry, management, monitoring, and business intelligence (BI) products and services for the vending, unattended, and other retail industries.

LEE vs NYAX — Head-to-Head

Bigger by revenue
LEE
LEE
1.7× larger
LEE
$130.1M
$78.1M
NYAX
Growing faster (revenue YoY)
NYAX
NYAX
+49.1% gap
NYAX
39.0%
-10.0%
LEE
Higher net margin
NYAX
NYAX
0.5% more per $
NYAX
-3.9%
-4.3%
LEE

Income Statement — Q1 FY2026 vs Q2 FY2024

Metric
LEE
LEE
NYAX
NYAX
Revenue
$130.1M
$78.1M
Net Profit
$-5.6M
$-3.0M
Gross Margin
44.3%
Operating Margin
4.0%
1.2%
Net Margin
-4.3%
-3.9%
Revenue YoY
-10.0%
39.0%
Net Profit YoY
66.5%
24.2%
EPS (diluted)
$-0.92
$-0.08

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
LEE
LEE
NYAX
NYAX
Q4 25
$130.1M
Q3 25
$139.1M
Q2 25
$141.3M
Q1 25
$137.4M
Q4 24
$144.6M
Q3 24
$158.6M
Q2 24
$150.6M
$78.1M
Q1 24
$146.6M
Net Profit
LEE
LEE
NYAX
NYAX
Q4 25
$-5.6M
Q3 25
$-6.4M
Q2 25
$-1.9M
Q1 25
$-12.5M
Q4 24
$-16.7M
Q3 24
$-10.1M
Q2 24
$-4.3M
$-3.0M
Q1 24
$-12.2M
Gross Margin
LEE
LEE
NYAX
NYAX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
44.3%
Q1 24
Operating Margin
LEE
LEE
NYAX
NYAX
Q4 25
4.0%
Q3 25
-1.0%
Q2 25
3.3%
Q1 25
-3.3%
Q4 24
-2.3%
Q3 24
-2.3%
Q2 24
3.3%
1.2%
Q1 24
-3.1%
Net Margin
LEE
LEE
NYAX
NYAX
Q4 25
-4.3%
Q3 25
-4.6%
Q2 25
-1.4%
Q1 25
-9.1%
Q4 24
-11.6%
Q3 24
-6.4%
Q2 24
-2.8%
-3.9%
Q1 24
-8.3%
EPS (diluted)
LEE
LEE
NYAX
NYAX
Q4 25
$-0.92
Q3 25
$-1.02
Q2 25
$-0.31
Q1 25
$-2.07
Q4 24
$-2.80
Q3 24
$-1.68
Q2 24
$-0.73
$-0.08
Q1 24
$-2.06

Balance Sheet & Financial Strength

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

Metric
LEE
LEE
NYAX
NYAX
Cash + ST InvestmentsLiquidity on hand
$12.6M
$61.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-48.7M
$158.7M
Total Assets
$592.6M
$434.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEE
LEE
NYAX
NYAX
Q4 25
$12.6M
Q3 25
$10.0M
Q2 25
$14.1M
Q1 25
$4.7M
Q4 24
$6.1M
Q3 24
$9.6M
Q2 24
$13.4M
$61.9M
Q1 24
$16.1M
Stockholders' Equity
LEE
LEE
NYAX
NYAX
Q4 25
$-48.7M
Q3 25
$-43.3M
Q2 25
$-40.5M
Q1 25
$-38.9M
Q4 24
$-26.7M
Q3 24
$-9.9M
Q2 24
$4.0M
$158.7M
Q1 24
$7.9M
Total Assets
LEE
LEE
NYAX
NYAX
Q4 25
$592.6M
Q3 25
$601.7M
Q2 25
$622.7M
Q1 25
$623.9M
Q4 24
$633.0M
Q3 24
$649.2M
Q2 24
$677.5M
$434.7M
Q1 24
$684.8M

Cash Flow & Capital Efficiency

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

Metric
LEE
LEE
NYAX
NYAX
Operating Cash FlowLast quarter
$4.5M
$9.2M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEE
LEE
NYAX
NYAX
Q4 25
$4.5M
Q3 25
$-6.3M
Q2 25
$8.9M
Q1 25
$-790.0K
Q4 24
$-7.3M
Q3 24
$-261.0K
Q2 24
$-1.9M
$9.2M
Q1 24
$3.2M
Free Cash Flow
LEE
LEE
NYAX
NYAX
Q4 25
$3.7M
Q3 25
$-8.3M
Q2 25
$8.3M
Q1 25
$-2.2M
Q4 24
$-8.9M
Q3 24
$-2.9M
Q2 24
$-5.5M
Q1 24
$1.3M
FCF Margin
LEE
LEE
NYAX
NYAX
Q4 25
2.9%
Q3 25
-6.0%
Q2 25
5.9%
Q1 25
-1.6%
Q4 24
-6.1%
Q3 24
-1.8%
Q2 24
-3.6%
Q1 24
0.9%
Capex Intensity
LEE
LEE
NYAX
NYAX
Q4 25
0.6%
Q3 25
1.4%
Q2 25
0.4%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.7%
Q2 24
2.4%
Q1 24
1.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEE
LEE

Advertising And Marketing Services$60.0M46%
Subscription And Circulation$57.7M44%
Other$12.4M10%

NYAX
NYAX

Segment breakdown not available.

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