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

RYDER SYSTEM INC is the larger business by last-quarter revenue ($3.1B vs $3.0B, roughly 1.0× LESAKA TECHNOLOGIES INC). RYDER SYSTEM INC runs the higher net margin — 3.0% vs 0.0%, a 3.0% gap on every dollar of revenue. On growth, RYDER SYSTEM INC posted the faster year-over-year revenue change (1.0% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (341.6% CAGR vs -0.9%).

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.

Ryder System, Inc. is an American transportation and logistics company, specializing in truck rental and leasing, fleet management, supply chain management, and transportation management. It also offers full-service leasing, rental and maintenance, used vehicle sales, transportation management, professional drivers, e-commerce fulfillment, and last-mile delivery services. The company is headquartered in Coral Gables, Florida, and operates in the United States and United Kingdom.

LSAK vs R — Head-to-Head

Bigger by revenue
R
R
1.0× larger
R
$3.1B
$3.0B
LSAK
Growing faster (revenue YoY)
R
R
+0.8% gap
R
1.0%
0.2%
LSAK
Higher net margin
R
R
3.0% more per $
R
3.0%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
341.6%
-0.9%
R

Income Statement — Q1 FY2027 vs Q1 FY2026

Metric
LSAK
LSAK
R
R
Revenue
$3.0B
$3.1B
Net Profit
$437.0K
$93.0M
Gross Margin
Operating Margin
2.2%
Net Margin
0.0%
3.0%
Revenue YoY
0.2%
1.0%
Net Profit YoY
-5.1%
EPS (diluted)
$2.34

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
LSAK
LSAK
R
R
Q3 26
$3.0B
Q2 26
$3.1B
Q1 26
$3.1B
Q4 25
$178.7M
$3.2B
Q3 25
$171.4M
$3.2B
Q2 25
$168.5M
$3.2B
Q1 25
$161.4M
$3.1B
Q4 24
$176.2M
$3.2B
Net Profit
LSAK
LSAK
R
R
Q3 26
$437.0K
Q2 26
$3.6M
Q1 26
$93.0M
Q4 25
$3.6M
$132.0M
Q3 25
$-4.3M
$138.0M
Q2 25
$-28.4M
$131.0M
Q1 25
$-22.1M
$98.0M
Q4 24
$-32.5M
$135.0M
Gross Margin
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
Q4 25
31.4%
Q3 25
30.9%
Q2 25
28.9%
Q1 25
27.5%
Q4 24
25.7%
Operating Margin
LSAK
LSAK
R
R
Q3 26
2.2%
Q2 26
1.2%
Q1 26
Q4 25
1.2%
5.6%
Q3 25
0.2%
6.0%
Q2 25
-16.7%
5.8%
Q1 25
0.4%
4.3%
Q4 24
0.3%
5.7%
Net Margin
LSAK
LSAK
R
R
Q3 26
0.0%
Q2 26
0.1%
Q1 26
3.0%
Q4 25
2.0%
4.2%
Q3 25
-2.5%
4.4%
Q2 25
-16.9%
4.1%
Q1 25
-13.7%
3.1%
Q4 24
-18.4%
4.2%
EPS (diluted)
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
$2.34
Q4 25
$0.04
$3.22
Q3 25
$-0.05
$3.32
Q2 25
$-0.40
$3.13
Q1 25
$-0.27
$2.27
Q4 24
$-0.40
$3.09

Balance Sheet & Financial Strength

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

Metric
LSAK
LSAK
R
R
Cash + ST InvestmentsLiquidity on hand
$1.5B
$182.0M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$2.9B
Total Assets
$11.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSAK
LSAK
R
R
Q3 26
$1.5B
Q2 26
$1.2B
Q1 26
$182.0M
Q4 25
$69.5M
$198.0M
Q3 25
$72.2M
$189.0M
Q2 25
$76.5M
$180.0M
Q1 25
$71.0M
$151.0M
Q4 24
$60.6M
$154.0M
Total Debt
LSAK
LSAK
R
R
Q3 26
$3.2B
Q2 26
$3.4B
Q1 26
Q4 25
$216.8M
$6.8B
Q3 25
$208.1M
$7.3B
Q2 25
$200.8M
$7.0B
Q1 25
$194.7M
$6.7B
Q4 24
$148.7M
$6.7B
Stockholders' Equity
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
$2.9B
Q4 25
$180.6M
$3.1B
Q3 25
$170.4M
$3.1B
Q2 25
$161.6M
$3.1B
Q1 25
$185.2M
$3.0B
Q4 24
$193.3M
$3.1B
Total Assets
LSAK
LSAK
R
R
Q3 26
$11.5B
Q2 26
$11.7B
Q1 26
Q4 25
$704.6M
$16.4B
Q3 25
$652.9M
$16.5B
Q2 25
$653.7M
$16.5B
Q1 25
$649.2M
$16.4B
Q4 24
$640.6M
$16.7B
Debt / Equity
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
Q4 25
1.20×
2.24×
Q3 25
1.22×
2.35×
Q2 25
1.24×
2.27×
Q1 25
1.05×
2.21×
Q4 24
0.77×
2.14×

Cash Flow & Capital Efficiency

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

Metric
LSAK
LSAK
R
R
Operating Cash FlowLast quarter
$583.0M
Free Cash FlowOCF − Capex
$273.0M
FCF MarginFCF / Revenue
8.7%
Capex IntensityCapex / Revenue
13.7%
Cash ConversionOCF / Net Profit
6.27×
TTM Free Cash FlowTrailing 4 quarters
$595.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
$583.0M
Q4 25
$-10.9M
$749.0M
Q3 25
$8.9M
$442.0M
Q2 25
$-9.1M
$752.0M
Q1 25
$10.7M
$651.0M
Q4 24
$-9.2M
$558.0M
Free Cash Flow
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
$273.0M
Q4 25
$-14.8M
$344.0M
Q3 25
$4.9M
$-85.0M
Q2 25
$-13.2M
$63.0M
Q1 25
$7.8M
$137.0M
Q4 24
$-15.5M
$-201.0M
FCF Margin
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
8.7%
Q4 25
-8.3%
10.8%
Q3 25
2.9%
-2.7%
Q2 25
-7.8%
2.0%
Q1 25
4.9%
4.4%
Q4 24
-8.8%
-6.3%
Capex Intensity
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
13.7%
Q4 25
2.2%
12.8%
Q3 25
2.3%
16.6%
Q2 25
2.4%
21.6%
Q1 25
1.7%
16.4%
Q4 24
3.6%
23.8%
Cash Conversion
LSAK
LSAK
R
R
Q3 26
Q2 26
Q1 26
6.27×
Q4 25
-2.99×
5.67×
Q3 25
3.20×
Q2 25
5.74×
Q1 25
6.64×
Q4 24
4.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSAK
LSAK

Segment breakdown not available.

R
R

Fleet Management Solutions$1.5B47%
ChoiceLease$878.0M28%
Dedicated Transportation Solutions$553.0M18%
Commercial rental$211.0M7%

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