Lightspeed Commerce Inc.LSPDEarnings & Financial Report
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.
Revenue
$266.1M
Gross Profit
$108.2M
Operating Profit
$-44.1M
Net Profit
$-35.0M
Gross Margin
40.7%
Operating Margin
-16.6%
Net Margin
-13.2%
YoY Growth
N/A
EPS
$-0.23
Financial Flow
Lightspeed Commerce Inc. Q1 2026 Financial Summary
Lightspeed Commerce Inc. reported revenue of $266.1M for Q1 2026, with a net profit of $-35.0M (-13.2% margin). Cost of goods sold was $157.9M, operating expenses totaled $152.3M.
Key Financial Metrics
| Total Revenue | $266.1M |
|---|---|
| Net Profit | $-35.0M |
| Gross Margin | 40.7% |
| Operating Margin | -16.6% |
| Report Period | Q1 2026 |
Lightspeed Commerce Inc. Annual Revenue by Year
Lightspeed Commerce Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.6B |
| 2024 | $1.3B |
| 2023 | $951.1M |
| 2022 | $403.8M |
Lightspeed Commerce Inc. Quarterly Revenue & Net Profit History
Lightspeed Commerce Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2026 | $823.4M | — | $-91.3M | -11.1% |
| Q2 2026 | $543.3M | — | $-64.7M | -11.9% |
| Q1 2026 | $266.1M | — | $-35.0M | -13.2% |
| Q4 2025 | $253.4M | — | $-575.9M | -227.3% |
| Q3 2025 | $679.1M | — | $-131.4M | -19.4% |
| Q2 2025 | $439.4M | — | $-91.2M | -20.8% |
| Q1 2025 | $209.1M | — | $-48.7M | -23.3% |
| Q4 2024 | $230.2M | — | $-32.5M | -14.1% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $230.2M | $209.1M | $439.4M | $679.1M | $253.4M | $266.1M | $543.3M | $823.4M |
| YoY Growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Cash Flow
| Q4 2024 | Q1 2025 | Q4 2025 | |
|---|---|---|---|
| Operating CF | $-28.5M | $-26.1M | $-9.9M |