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Side-by-side financial comparison of LATTICE SEMICONDUCTOR CORP (LSCC) and Ranpak Holdings Corp. (PACK). Click either name above to swap in a different company.

LATTICE SEMICONDUCTOR CORP is the larger business by last-quarter revenue ($145.8M vs $93.7M, roughly 1.6× Ranpak Holdings Corp.). On growth, LATTICE SEMICONDUCTOR CORP posted the faster year-over-year revenue change (9.3% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 8.4%).

Lattice Semiconductor Corporation is an American semiconductor company specializing in the design and manufacturing of low power field-programmable gate arrays (FPGAs). Headquartered in the Silicon Forest area of Hillsboro, Oregon, the company also has operations in San Jose, Calif., Shanghai, Manila, Penang, and Singapore. Lattice Semiconductor has more than 1000 employees and an annual revenue of more than $660 million as of 2022. The company was founded in 1983 and went public in 1989. It ...

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

LSCC vs PACK — Head-to-Head

Bigger by revenue
LSCC
LSCC
1.6× larger
LSCC
$145.8M
$93.7M
PACK
Growing faster (revenue YoY)
LSCC
LSCC
+7.0% gap
LSCC
9.3%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
8.4%
LSCC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LSCC
LSCC
PACK
PACK
Revenue
$145.8M
$93.7M
Net Profit
$-7.6M
Gross Margin
68.5%
39.0%
Operating Margin
30.7%
-1.0%
Net Margin
-5.2%
Revenue YoY
9.3%
2.3%
Net Profit YoY
14.6%
EPS (diluted)
$-0.06
$-0.11

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
LSCC
LSCC
PACK
PACK
Q1 26
$145.8M
Q4 25
$93.7M
Q3 25
$133.3M
$83.6M
Q2 25
$124.0M
$77.8M
Q1 25
$120.2M
$77.6M
Q4 24
$117.4M
$91.6M
Q3 24
$127.1M
$78.6M
Q2 24
$124.1M
$72.8M
Net Profit
LSCC
LSCC
PACK
PACK
Q1 26
$-7.6M
Q4 25
Q3 25
$2.8M
$-10.4M
Q2 25
$2.9M
$-7.5M
Q1 25
$5.0M
$-10.9M
Q4 24
$16.5M
Q3 24
$7.2M
$-8.1M
Q2 24
$22.6M
$5.5M
Gross Margin
LSCC
LSCC
PACK
PACK
Q1 26
68.5%
Q4 25
39.0%
Q3 25
67.9%
41.1%
Q2 25
68.4%
37.1%
Q1 25
68.0%
39.8%
Q4 24
61.1%
45.2%
Q3 24
69.0%
43.8%
Q2 24
68.3%
43.5%
Operating Margin
LSCC
LSCC
PACK
PACK
Q1 26
0.7%
Q4 25
-1.0%
Q3 25
-1.2%
-6.8%
Q2 25
3.8%
-12.5%
Q1 25
5.8%
-10.3%
Q4 24
-10.4%
1.5%
Q3 24
5.9%
-5.3%
Q2 24
18.2%
-7.1%
Net Margin
LSCC
LSCC
PACK
PACK
Q1 26
-5.2%
Q4 25
Q3 25
2.1%
-12.4%
Q2 25
2.3%
-9.6%
Q1 25
4.2%
-14.0%
Q4 24
14.1%
Q3 24
5.7%
-10.3%
Q2 24
18.2%
7.6%
EPS (diluted)
LSCC
LSCC
PACK
PACK
Q1 26
$-0.06
Q4 25
$-0.11
Q3 25
$0.02
$-0.12
Q2 25
$0.02
$-0.09
Q1 25
$0.04
$-0.13
Q4 24
$0.12
$-0.13
Q3 24
$0.05
$-0.10
Q2 24
$0.16
$0.07

Balance Sheet & Financial Strength

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

Metric
LSCC
LSCC
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$133.9M
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$714.1M
$534.9M
Total Assets
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSCC
LSCC
PACK
PACK
Q1 26
$133.9M
Q4 25
$63.0M
Q3 25
$117.9M
$49.9M
Q2 25
$107.2M
$49.2M
Q1 25
$127.6M
$65.5M
Q4 24
$136.3M
$76.1M
Q3 24
$124.3M
$69.5M
Q2 24
$109.2M
$65.1M
Total Debt
LSCC
LSCC
PACK
PACK
Q1 26
Q4 25
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Stockholders' Equity
LSCC
LSCC
PACK
PACK
Q1 26
$714.1M
Q4 25
$534.9M
Q3 25
$706.4M
$537.8M
Q2 25
$687.0M
$539.0M
Q1 25
$707.9M
$544.1M
Q4 24
$710.9M
$548.1M
Q3 24
$703.5M
$564.3M
Q2 24
$698.8M
$566.2M
Total Assets
LSCC
LSCC
PACK
PACK
Q1 26
$883.1M
Q4 25
$1.1B
Q3 25
$844.4M
$1.1B
Q2 25
$808.6M
$1.1B
Q1 25
$823.6M
$1.1B
Q4 24
$843.9M
$1.1B
Q3 24
$853.7M
$1.1B
Q2 24
$827.5M
$1.1B
Debt / Equity
LSCC
LSCC
PACK
PACK
Q1 26
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
LSCC
LSCC
PACK
PACK
Operating Cash FlowLast quarter
$57.6M
$19.5M
Free Cash FlowOCF − Capex
$44.0M
FCF MarginFCF / Revenue
30.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$153.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSCC
LSCC
PACK
PACK
Q1 26
$57.6M
Q4 25
$19.5M
Q3 25
$47.1M
$8.5M
Q2 25
$38.5M
$-3.6M
Q1 25
$31.9M
$-1.3M
Q4 24
$45.4M
$6.5M
Q3 24
$44.0M
$10.1M
Q2 24
$21.9M
$19.6M
Free Cash Flow
LSCC
LSCC
PACK
PACK
Q1 26
$44.0M
Q4 25
Q3 25
$34.0M
Q2 25
$31.3M
Q1 25
$23.3M
Q4 24
$39.7M
Q3 24
$39.4M
Q2 24
$14.8M
FCF Margin
LSCC
LSCC
PACK
PACK
Q1 26
30.2%
Q4 25
Q3 25
25.5%
Q2 25
25.2%
Q1 25
19.4%
Q4 24
33.8%
Q3 24
31.0%
Q2 24
11.9%
Capex Intensity
LSCC
LSCC
PACK
PACK
Q1 26
9.3%
Q4 25
Q3 25
9.8%
Q2 25
5.8%
Q1 25
7.2%
Q4 24
4.9%
Q3 24
3.7%
Q2 24
5.8%
Cash Conversion
LSCC
LSCC
PACK
PACK
Q1 26
Q4 25
Q3 25
16.86×
Q2 25
13.23×
Q1 25
6.35×
Q4 24
2.75×
Q3 24
6.12×
Q2 24
0.97×
3.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSCC
LSCC

Segment breakdown not available.

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

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