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Side-by-side financial comparison of Lightspeed Commerce Inc. (LSPD) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

Lightspeed Commerce Inc. is the larger business by last-quarter revenue ($823.4M vs $750.6M, roughly 1.1× Envista Holdings Corp). Envista Holdings Corp runs the higher net margin — 4.4% vs -11.1%, a 15.5% gap on every dollar of revenue. Over the past eight quarters, Lightspeed Commerce Inc.'s revenue compounded faster (89.1% CAGR vs 9.7%).

Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada. It was founded in 2005 by Dax da Silva, who was its CEO until February 2022. It has offices in Montreal, New York, Ottawa, Toronto, London, Belfast, Amsterdam, Berlin, Geneva, Ghent, Melbourne, Ulyanovsk, Yerevan and Tbilisi. It offers its services to retail, restaurant, and hospitality businesses.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

LSPD vs NVST — Head-to-Head

Bigger by revenue
LSPD
LSPD
1.1× larger
LSPD
$823.4M
$750.6M
NVST
Higher net margin
NVST
NVST
15.5% more per $
NVST
4.4%
-11.1%
LSPD
Faster 2-yr revenue CAGR
LSPD
LSPD
Annualised
LSPD
89.1%
9.7%
NVST

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LSPD
LSPD
NVST
NVST
Revenue
$823.4M
$750.6M
Net Profit
$-91.3M
$32.9M
Gross Margin
41.1%
54.7%
Operating Margin
-14.1%
9.8%
Net Margin
-11.1%
4.4%
Revenue YoY
15.0%
Net Profit YoY
2641.7%
EPS (diluted)
$0.20

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
LSPD
LSPD
NVST
NVST
Q4 25
$823.4M
$750.6M
Q3 25
$543.3M
$669.9M
Q2 25
$266.1M
$682.1M
Q1 25
$253.4M
$616.9M
Q4 24
$679.1M
$652.9M
Q3 24
$439.4M
$601.0M
Q2 24
$209.1M
$633.1M
Q1 24
$230.2M
$623.6M
Net Profit
LSPD
LSPD
NVST
NVST
Q4 25
$-91.3M
$32.9M
Q3 25
$-64.7M
$-30.3M
Q2 25
$-35.0M
$26.4M
Q1 25
$-575.9M
$18.0M
Q4 24
$-131.4M
$1.2M
Q3 24
$-91.2M
$8.2M
Q2 24
$-48.7M
$-1.2B
Q1 24
$-32.5M
$23.6M
Gross Margin
LSPD
LSPD
NVST
NVST
Q4 25
41.1%
54.7%
Q3 25
41.0%
55.3%
Q2 25
40.7%
54.2%
Q1 25
44.1%
54.5%
Q4 24
42.1%
57.1%
Q3 24
41.9%
52.8%
Q2 24
42.0%
51.6%
Q1 24
43.3%
57.1%
Operating Margin
LSPD
LSPD
NVST
NVST
Q4 25
-14.1%
9.8%
Q3 25
-15.1%
8.6%
Q2 25
-16.6%
6.8%
Q1 25
-228.9%
6.3%
Q4 24
-23.8%
7.1%
Q3 24
-25.1%
3.5%
Q2 24
-27.9%
-182.2%
Q1 24
-17.9%
7.7%
Net Margin
LSPD
LSPD
NVST
NVST
Q4 25
-11.1%
4.4%
Q3 25
-11.9%
-4.5%
Q2 25
-13.2%
3.9%
Q1 25
-227.3%
2.9%
Q4 24
-19.4%
0.2%
Q3 24
-20.8%
1.4%
Q2 24
-23.3%
-181.9%
Q1 24
-14.1%
3.8%
EPS (diluted)
LSPD
LSPD
NVST
NVST
Q4 25
$0.20
Q3 25
$-0.18
Q2 25
$0.16
Q1 25
$0.10
$0.10
Q4 24
$0.00
Q3 24
$0.05
Q2 24
$-0.01
$-6.69
Q1 24
$0.06
$0.14

Balance Sheet & Financial Strength

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

Metric
LSPD
LSPD
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$3.1B
Total Assets
$5.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSPD
LSPD
NVST
NVST
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$991.3M
Q2 24
$1.0B
Q1 24
$948.5M
Total Debt
LSPD
LSPD
NVST
NVST
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
LSPD
LSPD
NVST
NVST
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$3.1B
Q2 24
$3.0B
Q1 24
$4.1B
Total Assets
LSPD
LSPD
NVST
NVST
Q4 25
$5.7B
Q3 25
$5.6B
Q2 25
$5.7B
Q1 25
$5.5B
Q4 24
$5.4B
Q3 24
$5.5B
Q2 24
$5.4B
Q1 24
$6.6B
Debt / Equity
LSPD
LSPD
NVST
NVST
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.48×
Q3 24
0.46×
Q2 24
0.51×
Q1 24
0.36×

Cash Flow & Capital Efficiency

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

Metric
LSPD
LSPD
NVST
NVST
Operating Cash FlowLast quarter
$108.0M
Free Cash FlowOCF − Capex
$91.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSPD
LSPD
NVST
NVST
Q4 25
$108.0M
Q3 25
$78.7M
Q2 25
$88.7M
Q1 25
$-9.9M
$300.0K
Q4 24
$132.4M
Q3 24
$70.7M
Q2 24
$-26.1M
$93.1M
Q1 24
$-28.5M
$40.3M
Free Cash Flow
LSPD
LSPD
NVST
NVST
Q4 25
$91.7M
Q3 25
$67.9M
Q2 25
$76.4M
Q1 25
$-5.6M
Q4 24
$123.8M
Q3 24
$63.3M
Q2 24
$86.3M
Q1 24
$29.3M
FCF Margin
LSPD
LSPD
NVST
NVST
Q4 25
12.2%
Q3 25
10.1%
Q2 25
11.2%
Q1 25
-0.9%
Q4 24
19.0%
Q3 24
10.5%
Q2 24
13.6%
Q1 24
4.7%
Capex Intensity
LSPD
LSPD
NVST
NVST
Q4 25
2.2%
Q3 25
1.6%
Q2 25
1.8%
Q1 25
1.0%
Q4 24
1.3%
Q3 24
1.2%
Q2 24
1.1%
Q1 24
1.8%
Cash Conversion
LSPD
LSPD
NVST
NVST
Q4 25
3.28×
Q3 25
Q2 25
3.36×
Q1 25
0.02×
Q4 24
110.33×
Q3 24
8.62×
Q2 24
Q1 24
1.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSPD
LSPD

Segment breakdown not available.

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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