For fiscal 2026 (ended Mar 31, 2026), Lightspeed Commerce Inc. Subordinate Voting Shares reported $1.23B of revenue and -$144.41M of net income.
LSPD revenue was $1.23B for fiscal 2026 (ended Mar 31, 2026), up 14.0% from fiscal 2025. Compound annual growth was +40.8% over 5 years. It rose in each of the last 6 fiscal years. Fiscal 2026 is the highest of the 7 fiscal years on file.
LSPD net income was -$144.41M for fiscal 2026 (ended Mar 31, 2026), compared with -$667.20M in fiscal 2025.
LSPD diluted EPS was -$1.04 for fiscal 2026 (ended Mar 31, 2026), compared with -$4.34 in fiscal 2025.
LSPD free cash flow was $48.90M for fiscal 2026 (ended Mar 31, 2026), compared with -$36.54M in fiscal 2025. Fiscal 2026 is the highest of the 7 fiscal years on file.
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.08B | $909.27M | $730.51M | $548.37M | $221.73M | $120.64M |
| Cost of revenue | $700.12M | $626.62M | $524.02M | $398.55M | $277.20M | $94.06M | $39.67M |
| Gross profit | $526.92M | $450.20M | $385.25M | $331.96M | $271.17M | $127.67M | $80.97M |
| Research and development | $126.33M | $120.33M | $129.42M | $140.44M | $121.15M | $55.30M | $32.75M |
| Selling, general and admin | $116.52M | $115.14M | $103.74M | $105.94M | $95.25M | $53.03M | $21.34M |
| Operating income | -$152.30M | -$696.01M | -$203.02M | -$1.10B | -$318.34M | -$129.72M | -$58.41M |
| Interest expense | $1.27M | $1.48M | $1.43M | $2.05M | $2.87M | $2.90M | $1.81M |
| Pre-tax income | -$144.05M | -$659.51M | -$160.49M | -$1.07B | -$315.35M | -$130.07M | -$56.64M |
| Income tax | $361.0K | $7.69M | $3.48M | -$4.22M | -$26.92M | -$5.79M | -$3.11M |
| Net income | -$144.41M | -$667.20M | -$163.96M | -$1.07B | -$288.43M | -$124.28M | -$53.53M |
| EPS, basic | -$1.04 | -$4.34 | -$1.07 | -$7.11 | -$2.04 | -$1.18 | -$0.62 |
| EPS, diluted | -$1.04 | -$4.34 | -$1.07 | -$7.11 | -$2.04 | -$1.18 | -$0.62 |
| Diluted shares | 139.2M | 153.7M | 153.8M | 150.4M | 141.6M | 105.2M | 85.9M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $453.91M | $558.47M | $722.10M | $800.15M | $953.65M | $807.15M | $210.97M |
| Receivables | $47.60M | $53.08M | $62.28M | $54.84M | $45.77M | $24.77M | $10.88M |
| Inventory | $15.89M | $14.61M | $16.49M | $12.84M | $7.54M | $1.57M | $932.0K |
| Current assets | $706.41M | $798.02M | $917.90M | $934.33M | $1.04B | $857.66M | $233.21M |
| Goodwill | $805.05M | $797.96M | $1.35B | $1.35B | $2.10B | $971.94M | $146.60M |
| Total assets | $1.67B | $1.83B | $2.58B | $2.67B | $3.62B | $2.11B | $478.43M |
| Current liabilities | $165.11M | $148.98M | $144.67M | $150.46M | $157.85M | $113.40M | $70.81M |
| Long-term debt | - | - | - | $0 | $29.84M | $29.77M | $29.69M |
| Total debt | - | - | - | $0 | $29.84M | $29.77M | $29.69M |
| Total liabilities | $182.07M | $162.24M | $162.75M | $171.28M | $220.69M | $171.04M | $134.29M |
| Shareholders' equity | $1.48B | $1.66B | $2.41B | $2.50B | $3.40B | $1.93B | $344.14M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $55.46M | -$32.76M | -$97.67M | -$125.28M | -$87.22M | -$93.06M | -$28.55M |
| Capital expenditures | $6.56M | $3.78M | $7.51M | $9.23M | $10.65M | $1.79M | $3.61M |
| Free cash flow | $48.90M | -$36.54M | -$105.17M | -$134.51M | -$97.87M | -$94.86M | -$32.16M |
| Investing cash flow | -$37.56M | $8.04M | $25.95M | $8.82M | -$563.93M | -$235.05M | -$120.29M |
| Financing cash flow | -$123.75M | -$138.68M | -$6.23M | -$35.41M | $798.06M | $922.32M | $153.53M |
| Share repurchases | $86.24M | $132.32M | $0 | - | - | - | - |
| Stock-based compensation | $57.02M | $55.60M | $74.91M | $129.17M | $108.92M | $32.74M | $8.87M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 14.0% | 18.4% | 24.5% | 33.2% | 147.3% | 83.8% | - |
| Gross margin | 42.9% | 41.8% | 42.4% | 45.4% | 49.5% | 57.6% | 67.1% |
| Operating margin | -12.4% | -64.6% | -22.3% | -150.4% | -58.1% | -58.5% | -48.4% |
| Net margin | -11.8% | -62.0% | -18.0% | -146.5% | -52.6% | -56.0% | -44.4% |
| Free cash flow margin | 4.0% | -3.4% | -11.6% | -18.4% | -17.8% | -42.8% | -26.7% |
| Return on equity | -9.7% | -40.1% | -6.8% | -42.8% | -8.5% | -6.4% | -15.6% |
| Return on assets | -8.7% | -36.5% | -6.4% | -40.1% | -8.0% | -5.9% | -11.2% |
| Current ratio | 4.28 | 5.36 | 6.34 | 6.21 | 6.60 | 7.56 | 3.29 |
| Debt to equity | - | - | - | 0.00 | 0.01 | 0.02 | 0.09 |
Source: XBRL data Lightspeed Commerce Inc. Subordinate Voting Shares files with the SEC, latest filing dated May 21, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| LSPD | $1.23B | +14.0% | -$144.41M | -11.8% | $1.37B |
| MSFT | $346.44B | +17.9% | $142.63B | 41.2% | $3.94T |
| PLTR | $7.29B | +87.1% | $3.67B | 50.3% | $386.44B |
| ORCL | $71.78B | +21.6% | $18.92B | 26.4% | $351.04B |
| SAP | €36.80B | +7.7% | €7.16B | 19.5% | $286.79B |
| CRWD | $5.40B | +24.3% | $58.46M | 1.1% | $222.09B |
| SHOP | $14.17B | +32.5% | $2.13B | 15.0% | $191.58B |
| CRM | $43.94B | +11.2% | $9.66B | 22.0% | $175.83B |
| NOW | $15.43B | +21.8% | $1.45B | 9.4% | $105.84B |