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Side-by-side financial comparison of Leslie's, Inc. (LESL) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.
Leslie's, Inc. is the larger business by last-quarter revenue ($147.1M vs $137.0M, roughly 1.1× STRATASYS LTD.). STRATASYS LTD. runs the higher net margin — -40.6% vs -56.4%, a 15.8% gap on every dollar of revenue. On growth, STRATASYS LTD. posted the faster year-over-year revenue change (-2.2% vs -16.0%). STRATASYS LTD. produced more free cash flow last quarter ($2.5M vs $-85.5M). Over the past eight quarters, STRATASYS LTD.'s revenue compounded faster (-7.4% CAGR vs -11.7%).
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.
Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.
LESL vs SSYS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $147.1M | $137.0M |
| Net Profit | $-83.0M | $-55.6M |
| Gross Margin | 18.4% | 41.0% |
| Operating Margin | -46.7% | -16.6% |
| Net Margin | -56.4% | -40.6% |
| Revenue YoY | -16.0% | -2.2% |
| Net Profit YoY | -86.2% | -109.0% |
| EPS (diluted) | $-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.
| Q1 26 | $147.1M | — | ||
| Q4 25 | $389.2M | — | ||
| Q3 25 | — | $137.0M | ||
| Q2 25 | $500.3M | $138.1M | ||
| Q1 25 | $177.1M | $136.0M | ||
| Q4 24 | $175.2M | — | ||
| Q3 24 | $397.9M | $140.0M | ||
| Q2 24 | $569.6M | $138.0M |
| Q1 26 | $-83.0M | — | ||
| Q4 25 | $-162.8M | — | ||
| Q3 25 | — | $-55.6M | ||
| Q2 25 | $21.7M | $-16.7M | ||
| Q1 25 | $-51.3M | $-13.1M | ||
| Q4 24 | $-44.6M | — | ||
| Q3 24 | $-9.9M | $-26.6M | ||
| Q2 24 | $60.6M | $-25.7M |
| Q1 26 | 18.4% | — | ||
| Q4 25 | 38.6% | — | ||
| Q3 25 | — | 41.0% | ||
| Q2 25 | 39.6% | 43.1% | ||
| Q1 25 | 24.8% | 44.3% | ||
| Q4 24 | 27.2% | — | ||
| Q3 24 | 36.0% | 44.8% | ||
| Q2 24 | 40.2% | 43.8% |
| Q1 26 | -46.7% | — | ||
| Q4 25 | -38.6% | — | ||
| Q3 25 | — | -16.6% | ||
| Q2 25 | 13.7% | -12.0% | ||
| Q1 25 | -27.3% | -9.1% | ||
| Q4 24 | -22.7% | — | ||
| Q3 24 | 6.6% | -18.2% | ||
| Q2 24 | 17.2% | -18.9% |
| Q1 26 | -56.4% | — | ||
| Q4 25 | -41.8% | — | ||
| Q3 25 | — | -40.6% | ||
| Q2 25 | 4.3% | -12.1% | ||
| Q1 25 | -29.0% | -9.6% | ||
| Q4 24 | -25.4% | — | ||
| Q3 24 | -2.5% | -19.0% | ||
| Q2 24 | 10.6% | -18.6% |
| Q1 26 | $-8.92 | — | ||
| Q4 25 | $-20.59 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0.12 | — | ||
| Q1 25 | $-0.28 | — | ||
| Q4 24 | $-4.82 | — | ||
| Q3 24 | $-2.46 | — | ||
| Q2 24 | $0.33 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6M | $71.5M |
| Total DebtLower is stronger | $781.6M | — |
| Stockholders' EquityBook value | $-489.9M | $852.5M |
| Total Assets | $649.4M | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.6M | — | ||
| Q4 25 | $64.3M | — | ||
| Q3 25 | — | $71.5M | ||
| Q2 25 | $42.7M | $71.1M | ||
| Q1 25 | $17.3M | $70.1M | ||
| Q4 24 | $11.6M | — | ||
| Q3 24 | $108.5M | $64.0M | ||
| Q2 24 | $74.4M | $70.9M |
| Q1 26 | $781.6M | — | ||
| Q4 25 | $756.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $776.6M | — | ||
| Q1 25 | $858.1M | — | ||
| Q4 24 | $796.6M | — | ||
| Q3 24 | $783.7M | — | ||
| Q2 24 | $783.7M | — |
| Q1 26 | $-489.9M | — | ||
| Q4 25 | $-408.0M | — | ||
| Q3 25 | — | $852.5M | ||
| Q2 25 | $-246.2M | $902.4M | ||
| Q1 25 | $-269.5M | $784.8M | ||
| Q4 24 | $-220.0M | — | ||
| Q3 24 | $-177.1M | $831.8M | ||
| Q2 24 | $-168.2M | $850.5M |
| Q1 26 | $649.4M | — | ||
| Q4 25 | $741.5M | — | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $989.5M | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $967.0M | — | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-81.1M | $6.9M |
| Free Cash FlowOCF − Capex | $-85.5M | $2.5M |
| FCF MarginFCF / Revenue | -58.1% | 1.8% |
| Capex IntensityCapex / Revenue | 2.9% | 3.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $7.6M | $-11.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-81.1M | — | ||
| Q4 25 | $48.2M | — | ||
| Q3 25 | — | $6.9M | ||
| Q2 25 | $114.9M | $-1.1M | ||
| Q1 25 | $-49.2M | $4.5M | ||
| Q4 24 | $-105.1M | — | ||
| Q3 24 | $47.1M | $-4.5M | ||
| Q2 24 | $175.5M | $-2.4M |
| Q1 26 | $-85.5M | — | ||
| Q4 25 | $41.8M | — | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | $107.1M | $-8.4M | ||
| Q1 25 | $-55.8M | $789.0K | ||
| Q4 24 | $-109.8M | — | ||
| Q3 24 | $34.1M | $-6.3M | ||
| Q2 24 | $165.2M | $-4.9M |
| Q1 26 | -58.1% | — | ||
| Q4 25 | 10.7% | — | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | 21.4% | -6.1% | ||
| Q1 25 | -31.5% | 0.6% | ||
| Q4 24 | -62.6% | — | ||
| Q3 24 | 8.6% | -4.5% | ||
| Q2 24 | 29.0% | -3.6% |
| Q1 26 | 2.9% | — | ||
| Q4 25 | 1.7% | — | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | 1.6% | 5.3% | ||
| Q1 25 | 3.7% | 2.8% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 3.2% | 1.3% | ||
| Q2 24 | 1.8% | 1.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.89× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
