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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and LESAKA TECHNOLOGIES INC (LSAK). Click either name above to swap in a different company.

LESAKA TECHNOLOGIES INC is the larger business by last-quarter revenue ($3.0B vs $308.1M, roughly 9.7× Grand Canyon Education, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 0.0%, a 28.1% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (341.6% CAGR vs 5.9%).

Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.

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.

LOPE vs LSAK — Head-to-Head

Bigger by revenue
LSAK
LSAK
9.7× larger
LSAK
$3.0B
$308.1M
LOPE
Growing faster (revenue YoY)
LOPE
LOPE
+5.1% gap
LOPE
5.3%
0.2%
LSAK
Higher net margin
LOPE
LOPE
28.1% more per $
LOPE
28.1%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
341.6%
5.9%
LOPE

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
LOPE
LOPE
LSAK
LSAK
Revenue
$308.1M
$3.0B
Net Profit
$86.7M
$437.0K
Gross Margin
Operating Margin
35.1%
2.2%
Net Margin
28.1%
0.0%
Revenue YoY
5.3%
0.2%
Net Profit YoY
5.9%
EPS (diluted)
$3.13

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
LOPE
LOPE
LSAK
LSAK
Q3 26
$3.0B
Q2 26
$3.1B
Q4 25
$308.1M
$178.7M
Q3 25
$261.1M
$171.4M
Q2 25
$247.5M
$168.5M
Q1 25
$289.3M
$161.4M
Q4 24
$292.6M
$176.2M
Q3 24
$238.3M
$153.6M
Net Profit
LOPE
LOPE
LSAK
LSAK
Q3 26
$437.0K
Q2 26
$3.6M
Q4 25
$86.7M
$3.6M
Q3 25
$16.3M
$-4.3M
Q2 25
$41.5M
$-28.4M
Q1 25
$71.6M
$-22.1M
Q4 24
$81.9M
$-32.5M
Q3 24
$41.5M
$-4.5M
Gross Margin
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
31.4%
Q3 25
30.9%
Q2 25
28.9%
Q1 25
27.5%
Q4 24
25.7%
Q3 24
22.6%
Operating Margin
LOPE
LOPE
LSAK
LSAK
Q3 26
2.2%
Q2 26
1.2%
Q4 25
35.1%
1.2%
Q3 25
6.9%
0.2%
Q2 25
20.9%
-16.7%
Q1 25
30.4%
0.4%
Q4 24
34.2%
0.3%
Q3 24
20.2%
-0.0%
Net Margin
LOPE
LOPE
LSAK
LSAK
Q3 26
0.0%
Q2 26
0.1%
Q4 25
28.1%
2.0%
Q3 25
6.2%
-2.5%
Q2 25
16.8%
-16.9%
Q1 25
24.8%
-13.7%
Q4 24
28.0%
-18.4%
Q3 24
17.4%
-3.0%
EPS (diluted)
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
$3.13
$0.04
Q3 25
$0.58
$-0.05
Q2 25
$1.48
$-0.40
Q1 25
$2.52
$-0.27
Q4 24
$2.83
$-0.40
Q3 24
$1.42
$-0.07

Balance Sheet & Financial Strength

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

Metric
LOPE
LOPE
LSAK
LSAK
Cash + ST InvestmentsLiquidity on hand
$111.8M
$1.5B
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$746.9M
Total Assets
$992.3M
$11.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOPE
LOPE
LSAK
LSAK
Q3 26
$1.5B
Q2 26
$1.2B
Q4 25
$111.8M
$69.5M
Q3 25
$97.3M
$72.2M
Q2 25
$192.3M
$76.5M
Q1 25
$144.5M
$71.0M
Q4 24
$324.6M
$60.6M
Q3 24
$263.6M
$49.7M
Total Debt
LOPE
LOPE
LSAK
LSAK
Q3 26
$3.2B
Q2 26
$3.4B
Q4 25
$216.8M
Q3 25
$208.1M
Q2 25
$200.8M
Q1 25
$194.7M
Q4 24
$148.7M
Q3 24
$148.5M
Stockholders' Equity
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
$746.9M
$180.6M
Q3 25
$758.0M
$170.4M
Q2 25
$778.0M
$161.6M
Q1 25
$780.7M
$185.2M
Q4 24
$783.9M
$193.3M
Q3 24
$764.1M
$184.2M
Total Assets
LOPE
LOPE
LSAK
LSAK
Q3 26
$11.5B
Q2 26
$11.7B
Q4 25
$992.3M
$704.6M
Q3 25
$1.0B
$652.9M
Q2 25
$1.0B
$653.7M
Q1 25
$1.0B
$649.2M
Q4 24
$1.0B
$640.6M
Q3 24
$992.9M
$551.9M
Debt / Equity
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
1.20×
Q3 25
1.22×
Q2 25
1.24×
Q1 25
1.05×
Q4 24
0.77×
Q3 24
0.81×

Cash Flow & Capital Efficiency

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

Metric
LOPE
LOPE
LSAK
LSAK
Operating Cash FlowLast quarter
$130.5M
Free Cash FlowOCF − Capex
$122.9M
FCF MarginFCF / Revenue
39.9%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.50×
TTM Free Cash FlowTrailing 4 quarters
$238.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
$130.5M
$-10.9M
Q3 25
$-48.6M
$8.9M
Q2 25
$124.0M
$-9.1M
Q1 25
$67.6M
$10.7M
Q4 24
$135.8M
$-9.2M
Q3 24
$-29.4M
$-4.1M
Free Cash Flow
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
$122.9M
$-14.8M
Q3 25
$-58.3M
$4.9M
Q2 25
$115.4M
$-13.2M
Q1 25
$58.7M
$7.8M
Q4 24
$126.1M
$-15.5M
Q3 24
$-39.0M
$-8.1M
FCF Margin
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
39.9%
-8.3%
Q3 25
-22.3%
2.9%
Q2 25
46.6%
-7.8%
Q1 25
20.3%
4.9%
Q4 24
43.1%
-8.8%
Q3 24
-16.3%
-5.3%
Capex Intensity
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
2.5%
2.2%
Q3 25
3.7%
2.3%
Q2 25
3.5%
2.4%
Q1 25
3.1%
1.7%
Q4 24
3.3%
3.6%
Q3 24
4.0%
2.6%
Cash Conversion
LOPE
LOPE
LSAK
LSAK
Q3 26
Q2 26
Q4 25
1.50×
-2.99×
Q3 25
-2.99×
Q2 25
2.98×
Q1 25
0.94×
Q4 24
1.66×
Q3 24
-0.71×

Financial Flow Comparison

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

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