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

Western Digital is the larger business by last-quarter revenue ($3.3B vs $3.0B, roughly 1.1× LESAKA TECHNOLOGIES INC). Western Digital runs the higher net margin — 96.0% vs 0.0%, a 96.0% gap on every dollar of revenue. On growth, Western Digital posted the faster year-over-year revenue change (45.5% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (352.8% CAGR vs -9.7%).

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.

Western Digital Corporation, doing business as WD, is an American data storage company headquartered in San Jose, California. Established in 1970, the company is one of the world's largest manufacturers of hard disk drives (HDDs).

LSAK vs WDC — Head-to-Head

Bigger by revenue
WDC
WDC
1.1× larger
WDC
$3.3B
$3.0B
LSAK
Growing faster (revenue YoY)
WDC
WDC
+45.3% gap
WDC
45.5%
0.2%
LSAK
Higher net margin
WDC
WDC
96.0% more per $
WDC
96.0%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
352.8%
-9.7%
WDC

Income Statement — Q1 FY2027 vs Q1 FY2027

Metric
LSAK
LSAK
WDC
WDC
Revenue
$3.0B
$3.3B
Net Profit
$437.0K
$3.2B
Gross Margin
50.2%
Operating Margin
2.2%
35.7%
Net Margin
0.0%
96.0%
Revenue YoY
0.2%
45.5%
Net Profit YoY
516.3%
EPS (diluted)
$8.20

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
WDC
WDC
Q3 26
$3.0B
$3.3B
Q2 26
$3.0B
Q1 26
$3.0B
Q4 25
$178.7M
$2.8B
Q3 25
$171.4M
Q2 25
$168.5M
$-1.2B
Q1 25
$161.4M
$2.3B
Q4 24
$176.2M
$4.3B
Net Profit
LSAK
LSAK
WDC
WDC
Q3 26
$437.0K
$3.2B
Q2 26
$1.8B
Q1 26
$1.8B
Q4 25
$3.6M
$1.2B
Q3 25
$-4.3M
Q2 25
$-28.4M
$282.0M
Q1 25
$-22.1M
$520.0M
Q4 24
$-32.5M
$594.0M
Gross Margin
LSAK
LSAK
WDC
WDC
Q3 26
50.2%
Q2 26
45.7%
Q1 26
45.7%
Q4 25
31.4%
43.5%
Q3 25
30.9%
Q2 25
28.9%
Q1 25
27.5%
39.8%
Q4 24
25.7%
35.4%
Operating Margin
LSAK
LSAK
WDC
WDC
Q3 26
2.2%
35.7%
Q2 26
30.1%
Q1 26
30.1%
Q4 25
1.2%
28.1%
Q3 25
0.2%
Q2 25
-16.7%
Q1 25
0.4%
33.1%
Q4 24
0.3%
19.9%
Net Margin
LSAK
LSAK
WDC
WDC
Q3 26
0.0%
96.0%
Q2 26
61.1%
Q1 26
61.1%
Q4 25
2.0%
41.9%
Q3 25
-2.5%
Q2 25
-16.9%
-24.4%
Q1 25
-13.7%
22.7%
Q4 24
-18.4%
13.9%
EPS (diluted)
LSAK
LSAK
WDC
WDC
Q3 26
$8.20
Q2 26
$4.73
Q1 26
$4.73
Q4 25
$0.04
$3.07
Q3 25
$-0.05
Q2 25
$-0.40
$0.72
Q1 25
$-0.27
$1.42
Q4 24
$-0.40
$1.63

Balance Sheet & Financial Strength

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

Metric
LSAK
LSAK
WDC
WDC
Cash + ST InvestmentsLiquidity on hand
$1.5B
$2.0B
Total DebtLower is stronger
$3.2B
$1.6B
Stockholders' EquityBook value
$9.7B
Total Assets
$11.5B
$15.0B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSAK
LSAK
WDC
WDC
Q3 26
$1.5B
$2.0B
Q2 26
$2.0B
Q1 26
$2.0B
Q4 25
$69.5M
$2.0B
Q3 25
$72.2M
Q2 25
$76.5M
$2.1B
Q1 25
$71.0M
$3.5B
Q4 24
$60.6M
$2.3B
Total Debt
LSAK
LSAK
WDC
WDC
Q3 26
$3.2B
$1.6B
Q2 26
$4.7B
Q1 26
$4.7B
Q4 25
$216.8M
$4.7B
Q3 25
$208.1M
Q2 25
$200.8M
$4.7B
Q1 25
$194.7M
$7.3B
Q4 24
$148.7M
$7.4B
Stockholders' Equity
LSAK
LSAK
WDC
WDC
Q3 26
$9.7B
Q2 26
$7.1B
Q1 26
$7.1B
Q4 25
$180.6M
$5.9B
Q3 25
$170.4M
Q2 25
$161.6M
$5.3B
Q1 25
$185.2M
$5.2B
Q4 24
$193.3M
$12.1B
Total Assets
LSAK
LSAK
WDC
WDC
Q3 26
$11.5B
$15.0B
Q2 26
$15.6B
Q1 26
$15.6B
Q4 25
$704.6M
$14.4B
Q3 25
$652.9M
Q2 25
$653.7M
$14.0B
Q1 25
$649.2M
$16.4B
Q4 24
$640.6M
$25.5B
Debt / Equity
LSAK
LSAK
WDC
WDC
Q3 26
0.16×
Q2 26
0.65×
Q1 26
0.65×
Q4 25
1.20×
0.80×
Q3 25
1.22×
Q2 25
1.24×
0.89×
Q1 25
1.05×
1.42×
Q4 24
0.77×
0.61×

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
WDC
WDC
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$978.0M
FCF MarginFCF / Revenue
29.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSAK
LSAK
WDC
WDC
Q3 26
$1.1B
Q2 26
$745.0M
Q1 26
Q4 25
$-10.9M
$672.0M
Q3 25
$8.9M
Q2 25
$-9.1M
$746.0M
Q1 25
$10.7M
$508.0M
Q4 24
$-9.2M
$403.0M
Free Cash Flow
LSAK
LSAK
WDC
WDC
Q3 26
$978.0M
Q2 26
$653.0M
Q1 26
Q4 25
$-14.8M
$599.0M
Q3 25
$4.9M
Q2 25
$-13.2M
$675.0M
Q1 25
$7.8M
$379.0M
Q4 24
$-15.5M
$287.0M
FCF Margin
LSAK
LSAK
WDC
WDC
Q3 26
29.3%
Q2 26
21.6%
Q1 26
Q4 25
-8.3%
21.3%
Q3 25
2.9%
Q2 25
-7.8%
-58.5%
Q1 25
4.9%
16.5%
Q4 24
-8.8%
6.7%
Capex Intensity
LSAK
LSAK
WDC
WDC
Q3 26
Q2 26
Q1 26
Q4 25
2.2%
2.6%
Q3 25
2.3%
Q2 25
2.4%
-6.2%
Q1 25
1.7%
5.6%
Q4 24
3.6%
2.7%
Cash Conversion
LSAK
LSAK
WDC
WDC
Q3 26
0.35×
Q2 26
0.40×
Q1 26
Q4 25
-2.99×
0.57×
Q3 25
Q2 25
2.65×
Q1 25
0.98×
Q4 24
0.68×

Financial Flow Comparison

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

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