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Side-by-side financial comparison of LIVEPERSON INC (LPSN) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $59.3M, roughly 1.7× LIVEPERSON INC). Latham Group, Inc. runs the higher net margin — -7.0% vs -77.8%, a 70.7% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs -19.0%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $-12.0M). Over the past eight quarters, Latham Group, Inc.'s revenue compounded faster (-4.9% CAGR vs -16.6%).
LivePerson is a global technology company that develops conversational commerce and AI software.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
LPSN vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $59.3M | $100.0M |
| Net Profit | $-46.1M | $-7.0M |
| Gross Margin | 73.2% | 28.0% |
| Operating Margin | -68.7% | -10.7% |
| Net Margin | -77.8% | -7.0% |
| Revenue YoY | -19.0% | 14.5% |
| Net Profit YoY | 58.9% | 76.0% |
| EPS (diluted) | $-9.22 | $-0.06 |
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.
| Q4 25 | $59.3M | $100.0M | ||
| Q3 25 | $60.2M | $161.9M | ||
| Q2 25 | $59.6M | $172.6M | ||
| Q1 25 | $64.7M | $111.4M | ||
| Q4 24 | $73.2M | $87.3M | ||
| Q3 24 | $74.2M | $150.5M | ||
| Q2 24 | $79.9M | $160.1M | ||
| Q1 24 | $85.1M | $110.6M |
| Q4 25 | $-46.1M | $-7.0M | ||
| Q3 25 | $8.7M | $8.1M | ||
| Q2 25 | $-15.7M | $16.0M | ||
| Q1 25 | $-14.1M | $-6.0M | ||
| Q4 24 | $-112.1M | $-29.2M | ||
| Q3 24 | $-28.3M | $5.9M | ||
| Q2 24 | $41.8M | $13.3M | ||
| Q1 24 | $-35.6M | $-7.9M |
| Q4 25 | 73.2% | 28.0% | ||
| Q3 25 | 71.4% | 35.4% | ||
| Q2 25 | 69.7% | 37.1% | ||
| Q1 25 | 71.8% | 29.5% | ||
| Q4 24 | 77.4% | 24.6% | ||
| Q3 24 | 73.1% | 32.4% | ||
| Q2 24 | 79.4% | 33.1% | ||
| Q1 24 | 71.3% | 27.7% |
| Q4 25 | -68.7% | -10.7% | ||
| Q3 25 | -24.2% | 13.3% | ||
| Q2 25 | -10.8% | 14.3% | ||
| Q1 25 | -26.2% | -4.4% | ||
| Q4 24 | -138.0% | -14.9% | ||
| Q3 24 | -21.6% | 8.9% | ||
| Q2 24 | -37.3% | 12.5% | ||
| Q1 24 | -42.7% | -1.9% |
| Q4 25 | -77.8% | -7.0% | ||
| Q3 25 | 14.5% | 5.0% | ||
| Q2 25 | -26.4% | 9.3% | ||
| Q1 25 | -21.8% | -5.4% | ||
| Q4 24 | -153.2% | -33.4% | ||
| Q3 24 | -38.1% | 3.9% | ||
| Q2 24 | 52.3% | 8.3% | ||
| Q1 24 | -41.8% | -7.1% |
| Q4 25 | $-9.22 | $-0.06 | ||
| Q3 25 | $-2.76 | $0.07 | ||
| Q2 25 | $-0.17 | $0.13 | ||
| Q1 25 | $-0.24 | $-0.05 | ||
| Q4 24 | $-17.23 | $-0.24 | ||
| Q3 24 | $-4.74 | $0.05 | ||
| Q2 24 | $-0.33 | $0.11 | ||
| Q1 24 | $-0.40 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $95.0M | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $-44.5M | $405.9M |
| Total Assets | $454.7M | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.0M | — | ||
| Q3 25 | $106.7M | — | ||
| Q2 25 | $162.0M | — | ||
| Q1 25 | $176.3M | — | ||
| Q4 24 | $183.2M | — | ||
| Q3 24 | $142.1M | — | ||
| Q2 24 | $146.0M | — | ||
| Q1 24 | $127.1M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | $512.1M | $282.8M |
| Q4 25 | $-44.5M | $405.9M | ||
| Q3 25 | $-22.1M | $408.4M | ||
| Q2 25 | $-82.4M | $398.4M | ||
| Q1 25 | $-74.9M | $381.1M | ||
| Q4 24 | $-67.3M | $387.2M | ||
| Q3 24 | $45.9M | $416.6M | ||
| Q2 24 | $66.6M | $408.1M | ||
| Q1 24 | $19.2M | $391.8M |
| Q4 25 | $454.7M | $823.2M | ||
| Q3 25 | $511.4M | $844.4M | ||
| Q2 25 | $604.2M | $822.1M | ||
| Q1 25 | $596.2M | $824.6M | ||
| Q4 24 | $607.8M | $794.2M | ||
| Q3 24 | $692.0M | $853.4M | ||
| Q2 24 | $703.8M | $830.0M | ||
| Q1 24 | $724.7M | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | 26.69× | 0.72× |
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 | $-9.7M | $23.3M |
| Free Cash FlowOCF − Capex | $-12.0M | $14.1M |
| FCF MarginFCF / Revenue | -20.2% | 14.1% |
| Capex IntensityCapex / Revenue | 3.9% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-42.5M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.7M | $23.3M | ||
| Q3 25 | $-6.0M | $51.0M | ||
| Q2 25 | $-11.7M | $36.0M | ||
| Q1 25 | $-3.1M | $-46.9M | ||
| Q4 24 | $-3.1M | $6.2M | ||
| Q3 24 | $4.8M | $37.2M | ||
| Q2 24 | $-17.9M | $52.4M | ||
| Q1 24 | $1.1M | $-34.5M |
| Q4 25 | $-12.0M | $14.1M | ||
| Q3 25 | $-8.9M | $45.2M | ||
| Q2 25 | $-14.8M | $29.1M | ||
| Q1 25 | $-6.9M | $-50.3M | ||
| Q4 24 | $-6.8M | $-98.0K | ||
| Q3 24 | $-230.0K | $33.2M | ||
| Q2 24 | $-22.9M | $47.9M | ||
| Q1 24 | $-10.4M | $-39.9M |
| Q4 25 | -20.2% | 14.1% | ||
| Q3 25 | -14.8% | 27.9% | ||
| Q2 25 | -24.9% | 16.8% | ||
| Q1 25 | -10.6% | -45.2% | ||
| Q4 24 | -9.2% | -0.1% | ||
| Q3 24 | -0.3% | 22.1% | ||
| Q2 24 | -28.7% | 29.9% | ||
| Q1 24 | -12.2% | -36.0% |
| Q4 25 | 3.9% | 9.2% | ||
| Q3 25 | 4.8% | 3.6% | ||
| Q2 25 | 5.3% | 4.0% | ||
| Q1 25 | 5.8% | 3.1% | ||
| Q4 24 | 5.0% | 7.2% | ||
| Q3 24 | 6.8% | 2.7% | ||
| Q2 24 | 6.2% | 2.8% | ||
| Q1 24 | 13.5% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | -0.69× | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | -0.43× | 3.95× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LPSN
| Hosted Services Business | $51.0M | 86% |
| Professional Services | $8.3M | 14% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
