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Side-by-side financial comparison of Lightspeed Commerce Inc. (LSPD) and STAR GROUP, L.P. (SGU). Click either name above to swap in a different company.

Lightspeed Commerce Inc. is the larger business by last-quarter revenue ($823.4M vs $539.3M, roughly 1.5× STAR GROUP, L.P.). STAR GROUP, L.P. runs the higher net margin — 6.6% vs -11.1%, a 17.7% gap on every dollar of revenue.

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.

Lone Star Funds, legal name of main entity Lone Star Global Acquisitions, Ltd. is a global private equity firm that invests in corporate equity, real estate, credit, and other financial assets. The founder of Lone Star established its first fund in 1995 and Lone Star has to date organized 25 private equity funds with total capital commitments since inception of over $95 billion. Lone Star's investors include corporate and public pension funds, sovereign wealth funds, university endowments, fo...

LSPD vs SGU — Head-to-Head

Bigger by revenue
LSPD
LSPD
1.5× larger
LSPD
$823.4M
$539.3M
SGU
Higher net margin
SGU
SGU
17.7% more per $
SGU
6.6%
-11.1%
LSPD

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
LSPD
LSPD
SGU
SGU
Revenue
$823.4M
$539.3M
Net Profit
$-91.3M
$35.8M
Gross Margin
41.1%
Operating Margin
-14.1%
10.1%
Net Margin
-11.1%
6.6%
Revenue YoY
10.5%
Net Profit YoY
8.8%
EPS (diluted)

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
SGU
SGU
Q4 25
$823.4M
$539.3M
Q3 25
$543.3M
Q2 25
$266.1M
Q1 25
$253.4M
Q4 24
$679.1M
Q3 24
$439.4M
Q2 24
$209.1M
Q1 24
$230.2M
Net Profit
LSPD
LSPD
SGU
SGU
Q4 25
$-91.3M
$35.8M
Q3 25
$-64.7M
Q2 25
$-35.0M
Q1 25
$-575.9M
Q4 24
$-131.4M
Q3 24
$-91.2M
Q2 24
$-48.7M
Q1 24
$-32.5M
Gross Margin
LSPD
LSPD
SGU
SGU
Q4 25
41.1%
Q3 25
41.0%
Q2 25
40.7%
Q1 25
44.1%
Q4 24
42.1%
Q3 24
41.9%
Q2 24
42.0%
Q1 24
43.3%
Operating Margin
LSPD
LSPD
SGU
SGU
Q4 25
-14.1%
10.1%
Q3 25
-15.1%
Q2 25
-16.6%
Q1 25
-228.9%
Q4 24
-23.8%
Q3 24
-25.1%
Q2 24
-27.9%
Q1 24
-17.9%
Net Margin
LSPD
LSPD
SGU
SGU
Q4 25
-11.1%
6.6%
Q3 25
-11.9%
Q2 25
-13.2%
Q1 25
-227.3%
Q4 24
-19.4%
Q3 24
-20.8%
Q2 24
-23.3%
Q1 24
-14.1%
EPS (diluted)
LSPD
LSPD
SGU
SGU
Q4 25
Q3 25
Q2 25
Q1 25
$0.10
Q4 24
Q3 24
Q2 24
$-0.01
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
LSPD
LSPD
SGU
SGU
Cash + ST InvestmentsLiquidity on hand
$19.9M
Total DebtLower is stronger
$254.8M
Stockholders' EquityBook value
Total Assets
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSPD
LSPD
SGU
SGU
Q4 25
$19.9M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
LSPD
LSPD
SGU
SGU
Q4 25
$254.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Assets
LSPD
LSPD
SGU
SGU
Q4 25
$1.1B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
SGU
SGU
Operating Cash FlowLast quarter
$-55.2M
Free Cash FlowOCF − Capex
$-59.7M
FCF MarginFCF / Revenue
-11.1%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
-1.54×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSPD
LSPD
SGU
SGU
Q4 25
$-55.2M
Q3 25
Q2 25
Q1 25
$-9.9M
Q4 24
Q3 24
Q2 24
$-26.1M
Q1 24
$-28.5M
Free Cash Flow
LSPD
LSPD
SGU
SGU
Q4 25
$-59.7M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
LSPD
LSPD
SGU
SGU
Q4 25
-11.1%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
LSPD
LSPD
SGU
SGU
Q4 25
0.8%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
LSPD
LSPD
SGU
SGU
Q4 25
-1.54×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSPD
LSPD

Segment breakdown not available.

SGU
SGU

Home Heating Oil And Propane$372.6M69%
Motor Fuel And Other Petroleum Products$75.4M14%
Equipment Installations$39.6M7%
Equipment Maintenance Service Contracts$30.3M6%
Billable Call Services$21.4M4%

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