Lightspeed Commerce Inc. (LSPD)
Lightspeed Commerce Inc. offers an extensive cloud-based Software-as-a-Service (SaaS) platform engineered to empower a wide array of businesses. This includes small and mid-sized enterprises, retailers, hospitality establishments like restaurants, and even golf course facilities, operating in diverse regions such as Canada, the United States, Australia, the Netherlands, and numerous international territories. The core purpose of this platform is to enable its clients to seamlessly interact with consumers, efficiently manage their daily operations, and securely process payments. Designed as an integrated cloud ecosystem, the platform unifies critical functions like a unified omnichannel customer experience, a comprehensive suite of back-office management tools that enhance efficiency and deliver actionable insights, and integrated payment facilitation. Its robust capabilities span a full spectrum of omnichannel features, point-of-sale (POS) systems, detailed product and menu management, employee and inventory control, advanced analytics and reporting, multi-location connectivity, functionality for order-ahead and curbside pickup, as well as integrated loyalty and customer relationship management solutions. Beyond its software, Lightspeed provides tailored financial offerings, including Lightspeed Analytics for business intelligence, Lightspeed Payments for transaction processing, and Lightspeed Capital, a program designed for merchant cash advances. The company also supplies various essential POS peripheral hardware, such as tablets, customer-facing displays, receipt printers, networking equipment, cash drawers, payment terminals, servers, stands, barcode scanners, and a range of accessories. Additionally, it offers crucial installation and implementation support services. Founded in 2005 and based in Montréal, Canada, the company was formerly known as Lightspeed POS Inc. before officially changing its name to Lightspeed Commerce Inc. in August 2021.
Sector: Services-Prepackaged Software
Industry: Software - Application
Lightspeed Commerce Inc.
NYSE:LSPDTechnology · Software - Application
-0.71%$11.13
AH Close$11.13+0.00%vs close
AH Close$11.13+0.00%vs close
Mkt Cap$1.44B
Float119.05M
O/S129.3M
Inst Own59.1%
SI5.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.23B
Net Income-$144.41M
Total Assets$1.67B
Free Cash Flow$70.35M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$20.23M
Total Equity$1.49B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in LSPD's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.67B
Liabilities$182.67M
Accounts Receivable$47.76M
Accounts Payable$39.09M
Inventory$15.94M
PP&E (Net)$33.83M
Goodwill$807.7M
Intangible Assets$73.82M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 |
| Revenue | $1.23B | $1.08B | $909.27M | $730.51M | $548.37M | $221.73M | $120.64M | $77.45M | $57.08M | $42.61M | $30.75M |
| YoY Growth | 14.0% | 18.4% | 24.5% | 33.2% | 147.3% | 83.8% | 55.8% | 35.7% | 34.0% | 38.6% | - |
| Cost of Revenue | $700.12M | $626.62M | $524.02M | $398.55M | $277.2M | $94.06M | $43.2M | $23.57M | $17.48M | $15M | $12.49M |
| Gross Profit | $526.92M | $450.2M | $385.25M | $331.96M | $271.17M | $127.67M | $77.44M | $53.88M | $39.6M | $27.61M | $18.26M |
| Gross Margin | 42.9% | 41.8% | 42.4% | 45.4% | 49.5% | 57.6% | 64.2% | 69.6% | 69.4% | 64.8% | 59.4% |
| Research and Development | $126.33M | $151.95M | $129.42M | $140.44M | $121.15M | $55.3M | $31.81M | $18.28M | $13.29M | $13.68M | $11.42M |
| Selling, General, and Administrative | $397.42M | $332.76M | $338.03M | $356.31M | $311.91M | $149.94M | $79.87M | $52.83M | $42.45M | $38.77M | $29.56M |
| Other | $150.76M | $661.5M | $120.82M | $934.25M | $156.45M | $52.15M | $24.16M | -$191.22M | -$59.98M | -$20.28M | -$16.48M |
| Total Operating Expenses | $674.51M | $1.15B | $588.27M | $1.43B | $589.51M | $257.39M | $135.84M | $75.65M | $60.87M | $58.25M | $45.38M |
| Operating Income (EBIT) | -$147.59M | -$696.01M | -$203.02M | -$1.1B | -$318.34M | -$129.72M | -$58.41M | -$23.22M | -$21.92M | -$34M | -$31.94M |
| Operating Margin | -12.0% | -64.6% | -22.3% | -150.4% | -58.1% | -58.5% | -48.4% | -30.0% | -38.4% | -79.8% | -103.9% |
| Interest Expense | $1.27M | $1.48M | $1.24M | $2.05M | $2.87M | $2.9M | $0 | $0 | $26K | $0 | $64K |
| Interest Income | $21.32M | $37.98M | $43.77M | $26.87M | $5.86M | $2.54M | $1.77M | $181K | $0 | $73K | $0 |
| Other Income (Expense) | $3.54M | $36.5M | $42.53M | $24.81M | $2.99M | -$353K | $1.77M | -$191.04M | -$60.01M | -$20.21M | -$16.55M |
| Income Before Tax (EBT) | -$144.05M | -$659.51M | -$160.49M | -$1.07B | -$315.35M | -$130.07M | -$56.64M | -$214.25M | -$81.93M | -$54.21M | -$48.49M |
| Income Tax Expense | $361K | $7.69M | $3.48M | -$4.22M | -$26.92M | -$5.79M | -$3.11M | -$30.73M | $14.25M | $4.19M | $2.63M |
| Net Income | -$144.41M | -$667.2M | -$163.96M | -$1.07B | -$288.43M | -$124.28M | -$53.53M | -$183.53M | -$96.18M | -$58.4M | -$51.12M |
| Net Income Margin | -11.8% | -62.0% | -18.0% | -146.5% | -52.6% | -56.0% | -44.4% | -237.0% | -168.5% | -137.1% | -166.2% |
| Supplementary Data | |||||||||||
| EPS | -1.04 | -4.34 | -1.07 | -7.11 | -2.04 | -1.18 | -0.62 | -2.25 | -1.18 | -0.72 | -0.63 |
| Diluted EPS | -1.04 | -4.34 | -1.07 | -7.11 | -2.04 | -1.18 | -0.62 | -2.25 | -1.18 | -0.72 | -0.63 |
| Weighted Average OS | 139.17M | 153.68M | 153.77M | 150.40M | 141.58M | 105.22M | 85.89M | 81.49M | 81.49M | 81.49M | 81.49M |
| EBITDA | $7.98M | -$557.04M | -$49.43M | -$956.91M | -$207.94M | -$90.69M | -$34.25M | -$17.24M | -$16.15M | -$24.84M | -$22.72M |
| EBITDA Margin | 0.7% | -51.7% | -5.4% | -131.0% | -37.9% | -40.9% | -28.4% | -22.3% | -28.3% | -58.3% | -73.9% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $456.93M | $558.47M | $722.1M | $800.15M | $953.65M | $814.9M | $212.8M | $207.7M | $24.65M | $15.31M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $456.93M | $558.47M | $722.1M | $800.15M | $953.65M | $814.9M | $212.8M | $207.7M | $24.65M | $15.31M |
| Accounts Receivable | $47.76M | $69.98M | $74.58M | $64.17M | $44.03M | $27.01M | $11.24M | $8.42M | $4.13M | $4.35M |
| Inventory | $15.94M | $14.61M | $16.49M | $12.84M | $7.54M | $1.57M | $932K | $269K | $238K | $266K |
| Other Current Assets | $168.87M | $19.37M | $16.39M | $13.53M | $10.49M | $10.18M | $4.29M | $3.68M | $3M | $681K |
| Total Current Assets | $689.5M | $798.02M | $917.9M | $934.33M | $1.04B | $853.66M | $229.27M | $221.6M | $33.81M | $21.77M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $33.83M | $29.82M | $37.57M | $40.46M | $41.99M | $29.55M | $23.95M | $5.37M | $4.73M | $5.01M |
| Goodwill | $807.7M | $797.96M | $1.35B | $1.35B | $2.1B | $971.94M | $146.6M | $22.54M | $20.4M | $20.4M |
| Intangible Assets | $73.82M | $159.54M | $227.03M | $311.45M | $409.57M | $234.49M | $62.82M | $2.62M | $4.09M | $7.47M |
| Long-Term Investments | $13.26M | $0 | $0 | $1.52M | $0 | $2.06M | $8.41M | $262K | $493K | $265K |
| Deferred Tax Assets | $8.27M | $298K | $552K | $301K | $154K | $170K | $109K | $186K | $276K | $453K |
| Other Long-Term Assets | $44.31M | $40.56M | $42.87M | $30.02M | $21.4M | $13.44M | $7.28M | $3.74M | $221K | $73K |
| Total Long-Term Assets | $981.19M | $1.03B | $1.66B | $1.73B | $2.58B | $1.25B | $249.16M | $34.72M | $30.21M | $33.68M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$506K | $0 | $0 |
| Total Assets | $1.67B | $1.83B | $2.58B | $2.67B | $3.62B | $2.11B | $478.43M | $255.81M | $64.03M | $55.45M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $39.09M | $34.15M | $33.5M | $36.96M | $39.24M | $22.09M | $12.32M | $7.71M | $3.42M | $3.38M |
| Short-Term Debt | $5.27M | $0 | $0 | $0 | $0 | $5.12M | $3.3M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $9.09M | $10.17M | $13.51M | $10.31M | $114K | $76K | $1.5M | $580K | $600K |
| Current Unearned Revenue | $78.73M | $68.71M | $67.34M | $68.09M | $65.19M | $43.12M | $36.62M | $32.32M | $25.21M | $16.22M |
| Other Current Liabilities | $6.94M | $25.54M | $23.59M | $22.54M | $25.24M | $16.87M | $7.79M | $32.69M | $25.55M | $391K |
| Total Current Liabilities | $165.65M | $148.98M | $144.67M | $150.46M | $157.85M | $113.4M | $70.81M | $48.63M | $34.31M | $24.23M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $29.84M | $29.77M | $29.69M | $0 | $250.89M | $170.68M |
| Long-Term Unearned Revenue | $663K | $1.09M | $851K | $1.23M | $2.12M | $2.8M | $5.47M | $8.03M | $11.79M | $13.92M |
| Long-Term Deferred Tax Liabilities | $0 | $284K | $0 | $0 | $6.83M | $1.36M | $6.58M | $706K | $30.89M | $16.93M |
| Other Long-Term Liabilities | $1.39M | $562K | $967K | $1.03M | $1.01M | $3.15M | $8.2M | $1.78M | $1.71M | $1.54M |
| Total Long-Term Liabilities | $17.02M | $13.25M | $18.09M | $20.83M | $62.84M | $57.63M | $63.48M | $10.51M | $295.28M | $203.07M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $182.67M | $162.24M | $162.75M | $171.28M | $220.69M | $171.04M | $134.29M | $59.15M | $329.59M | $227.3M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $202.06M | $0 | $0 |
| Common Stock | $3.93B | $4.16B | $4.36B | $4.3B | $4.2B | $2.53B | $852.12M | $652.34M | $14.32M | $12.94M |
| Retained Earnings | -$2.66B | -$2.69B | -$2.16B | -$2B | -$926.19M | -$637.76M | -$513.48M | -$459.95M | -$282.69M | -$186.51M |
| Comprehensive Income & Other | $1.89M | -$7.46M | -$4.04M | -$3.06M | $2.68M | $9.71M | -$6.27M | $0 | -$4M | -$2.9M |
| Other Stockholders' Equity | $210.77M | $193.17M | $209.87M | $194.97M | $126.45M | $45.59M | $5.5M | $4.28M | $2.8M | $1.73M |
| Total Equity | $1.49B | $1.66B | $2.41B | $2.5B | $3.4B | $1.93B | $344.14M | $196.67M | -$265.56M | -$171.85M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.67B | $1.83B | $2.58B | $2.67B | $3.62B | $2.11B | $478.43M | $255.81M | $64.03M | $55.45M |
| Supplementary Data | ||||||||||
| Total Debt | $20.23M | $16.97M | $23.21M | $25.19M | $60.51M | $55.45M | $46.53M | $0 | $250.89M | $170.68M |
| Net Debt | -$436.7M | -$541.5M | -$698.89M | -$774.96M | -$893.14M | -$759.45M | -$166.26M | -$207.7M | $226.23M | $155.37M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 |
| Operating Activities | |||||||||||
| Net Income | -$143.49M | -$667.2M | -$163.96M | -$1.07B | -$288.43M | -$124.28M | -$53.53M | -$183.53M | -$96.18M | -$58.4M | -$51.12M |
| Depreciation & Amortization | $150.76M | $100.99M | $109.63M | $115.26M | $104.55M | $36.48M | $13.47M | $4.54M | $5.12M | $5.81M | $4.4M |
| Deferred Income Tax | -$8.09M | $191K | -$323K | -$6.69M | -$28.02M | -$5.96M | -$3.16M | -$30.79M | $14.13M | $4.1M | $2.53M |
| Stock-Based Compensation | $0 | $55.6M | $77.87M | $169.39M | $153.96M | $37.26M | $8.87M | $1.69M | $1.16M | $1.03M | $471K |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$7.39M | $8.91M | -$7.57M | -$11.97M | -$5.38M | -$9.18M | $2.07M | -$727K | -$2.8M | -$842K | -$874K |
| Inventory | -$1.27M | $1.88M | -$3.65M | -$5.3M | -$5.97M | -$256K | -$401K | $31K | $28K | -$40K | -$84K |
| Accounts Payable | $10.48M | -$892K | -$194K | -$9.02M | $6.84M | -$15.33M | -$1.33M | $5.65M | $1.02M | $1.28M | $1.15M |
| Other Working Capital | $7.56M | -$51.91M | -$66.81M | -$30.95M | -$21.77M | -$13.6M | -$4.33M | $3.04M | $6.83M | $12.69M | $7.52M |
| Total Working Capital Change | $9.39M | -$42.01M | -$78.23M | -$57.23M | -$26.28M | -$38.36M | -$3.99M | $7.99M | $5.08M | $13.09M | $7.72M |
| Other Non-Cash Items | $68.3M | $519.65M | -$42.65M | $724M | -$2.98M | $1.79M | $9.8M | $192.54M | $60.67M | $23.44M | $21.11M |
| Net Cash from Operating | $76.87M | -$32.76M | -$97.67M | -$125.28M | -$87.22M | -$93.06M | -$28.55M | -$7.56M | -$10.02M | -$10.94M | -$14.89M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$59.01M | -$3.78M | -$7.51M | -$9.23M | -$10.65M | -$1.79M | -$3.61M | -$2.03M | -$1.49M | -$2.44M | -$2.48M |
| Acquisitions | -$164K | -$7.51M | $0 | $0 | -$559.43M | -$235.58M | -$120.16M | -$1.39M | $6K | $0 | -$20.42M |
| Purchases of Investments | $0 | $0 | $0 | -$1.52M | -$345K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $345K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $19.34M | $33.46M | $19.56M | $6.15M | $2.32M | $3.48M | $0 | $6K | -$17K | $65K |
| Net Cash from Investing | -$59.17M | $8.04M | $25.95M | $8.82M | -$563.93M | -$235.05M | -$120.29M | -$3.42M | -$1.48M | -$2.44M | -$22.84M |
| Financing Activities | |||||||||||
| Debt Repaid | $8.34M | $8.41M | $8.23M | $38.87M | $6.95M | $4.35M | -$26.6M | - | - | - | $1.71M |
| Common Stock Issuance | $1.12M | $0 | $0 | $0 | $823.51M | $952.53M | $130.93M | $207.55M | $20M | $89K | $58.36M |
| Common Stock Repurchases | -$115.7M | -$132.32M | $0 | $0 | $0 | $0 | $0 | -$792K | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $53K | $2.05M | $2M | $3.46M | -$18.51M | -$25.87M | $7.64M | -$11.84M | $490K | $90K | $275K |
| Net Cash from Financing | -$122.87M | -$138.68M | -$6.23M | -$35.41M | $798.06M | $922.32M | $153.53M | $194.92M | $20.49M | $90K | $56.93M |
| Forex Effect | $2.25M | -$237K | -$109K | -$1.62M | -$404K | $1.98M | -$1.42M | -$892K | $354K | -$194K | -$129K |
| Net Change in Cash | -$102.93M | -$163.63M | -$78.05M | -$153.5M | $146.5M | $596.18M | $3.27M | $183.05M | $9.34M | -$13.47M | $19.07M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $76.87M | -$32.76M | -$97.67M | -$125.28M | -$87.22M | -$93.06M | -$28.55M | -$7.56M | -$10.02M | -$10.94M | -$14.89M |
| Capital Expenditure | -$6.52M | -$23.12M | -$18.18M | -$13.12M | -$10.65M | -$1.79M | -$3.61M | -$2.03M | -$1.49M | -$2.44M | -$2.48M |
| Free Cash Flow | $70.35M | -$55.88M | -$115.85M | -$138.41M | -$97.87M | -$94.86M | -$32.16M | -$9.59M | -$11.51M | -$13.37M | -$17.37M |
| Cash at Beginning | $559.86M | $722.1M | $800.15M | $953.65M | $807.15M | $210.97M | $207.7M | $24.65M | $15.31M | $28.78M | $9.71M |
| Cash at End | $456.93M | $558.47M | $722.1M | $800.15M | $953.65M | $807.15M | $210.97M | $207.7M | $24.65M | $15.31M | $28.78M |