Filing Flows › Lesaka Technologies (LSAK) › Q2 FY26
Lesaka Technologies (LSAK) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 4, 2026
Lesaka Technologies (LSAK) reported revenue of $179M for the second quarter fiscal 2026 (Q2 FY26), +1% from a year earlier and +4% from the quarter before. Operating margin was 1.2%, net earnings $3.6M (2.0% of revenue).
Lesaka Technologies, Q2 FY26: revenue $179M (+1% year over year), operating margin 1.2%, net earnings $3.6M, operating cash flow −$10.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $179M | +4% | +1% |
| Operating profit | $2.1M | +461% | +177% |
| Net earnings | $3.6M | — | — |
| Operating cash flow | −$10.9M | -222% | — |
What changed
Revenue was $178.7M in Q2 FY26, up 1% year over year and up 4% from the previous quarter. Prepaid Airtime Sold was the largest line at 47% of revenue. Processing Fees added $9.9M year over year (up 20%), 394% of the total change. Other declined 30%.
Operating profit was $2.1M, a 1.2% margin (up 0.8 points year over year). Of the extra revenue versus a year earlier, 55% reached operating profit, above the 0% margin then. Total costs grew 1% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+121%). Net earnings were $3.6M. The effective tax rate was 15.6%. Non-operating items added $2.2M, 50% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$10.9M. Non-cash charges added back $13.6M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $30.1M. Capital expenditures of $3.9M exceeded it, leaving free cash flow of −$14.8M.
Questions
What was Lesaka Technologies' revenue in the second quarter fiscal 2026?
Lesaka Technologies (LSAK) reported revenue of $179M for the second quarter fiscal 2026 (Q2 FY26), +1% from a year earlier and +4% from the quarter before.
Was Lesaka Technologies profitable in the second quarter fiscal 2026?
Operating profit was $2.1M (1.2% of revenue) and net earnings $3.6M.