Filing Flows › Lesaka Technologies (LSAK) › Q1 FY26
Lesaka Technologies (LSAK) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 5, 2025
Lesaka Technologies (LSAK) reported revenue of $171M for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and +2% from the quarter before. Operating margin was 0.2%, net loss $4.4M (2.6% of revenue).
Lesaka Technologies, Q1 FY26: revenue $171M (+12% year over year), operating margin 0.2%, net loss $4.4M, operating cash flow $8.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $171M | +2% | +12% |
| Operating profit | $383K | — | — |
| Net earnings | −$4.4M | — | — |
| Operating cash flow | $8.9M | — | — |
| Free cash flow | $4.9M | — | — |
What changed
Revenue was $171.4M in Q1 FY26, up 12% year over year and up 2% from the previous quarter. Prepaid Airtime Sold was the largest line at 49% of revenue. Processing Fees added $17.1M year over year (up 45%), 96% of the total change. Other declined 19%.
Operating profit was $383K, a 0.2% margin (up 0.3 points year over year). Total costs grew 11% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+62%). The quarter ended with a net loss of $4.4M, narrower than the previous quarter's $31.5M loss. Net interest and other expense of $4.9M was the main reason.
Operating cash flow was $8.9M. Non-cash charges added back $12.9M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $4.0M left free cash flow of $4.9M.
Questions
What was Lesaka Technologies' revenue in the first quarter fiscal 2026?
Lesaka Technologies (LSAK) reported revenue of $171M for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and +2% from the quarter before.
Was Lesaka Technologies profitable in the first quarter fiscal 2026?
Operating profit was $383K (0.2% of revenue) and net loss $4.4M.