Saturday 17 October 2026 Export LSPD’s income statement to Excel — free account

Lightspeed Commerce Inc.

Lightspeed Commerce Inc.’s revenue for fiscal 2026 (year ended March 2026) was $1.2 billion, up 14.0% from fiscal 2025. In the quarter to June 2026, revenue grew 5.82%, EPS grew 94.3%, free cash flow fell 23,170.1% and total debt rose 35.1%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three.

10.57 0.32 −2.94%

Follow LSPD

Alert me

Market cap: $1.5B
P/E: 0.0×
Fwd P/E: −14.2×
Dividend yield: —
F-score: 6/9
Altman Z: 2.71
Beneish M: −3.20
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 14.24%

Capital & Financial Ratios $m

Market Cap 1,450.00

Revenue 1,244.81

Net Income (97.27)

Free Cash Flow (21.77)

Net Debt (357.48)

Current Ratio 3.55

Debt/Equity 0.01

P/E ratio 0.00

Fwd P/E (14.20)

P/S ratio 1.17

P/B ratio 1.05

Past 5Y EPS Growth —

This Y EPS Growth 41.76%

Next Y EPS Growth 49.56%

Next Y revenue growth 2.93%

Next 5Y EPS Growth 40.97%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 10.77%

10-year low 10-year high

P/B against its own 10 years 57.31%

10-year low 10-year high

EV/Sales against its own 10 years 12.34%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	722	558	454	372
Receivables	62	53	48	72
Inventory	16	15	16	17
Other	117	172	189	186
	918	798	706	647

	2024	2025	2026	Q'26
Payables	69	73	81	97
ST’ Debt	—	—	—	—
Other	—	—	—	—
	145	149	165	182

Compound Annual Growth %

	10y	5y	3y
Sales	44.38%	40.80%	18.87%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	—	(5.17%)	(15.95%)

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	323	—	—	—	—
’26	305	319	312	291	1,227
’25	266	277	280	253	1,077
’24	209	230	240	230	909
’23	174	184	189	184	731
’22	116	133	153	147	548
’21	36	45	58	82	222

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	0	—	—	—	—
’26	12	26	29	(11)	55
’25	(14)	(11)	3	(10)	(33)
’24	(26)	(25)	(18)	(29)	(98)
’23	(33)	(24)	(26)	(42)	(125)
’22	(15)	(13)	(48)	(11)	(87)
’21	(7)	(7)	(54)	(24)	(93)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	(18)	—	—	—	—
’26	0	11	13	(28)	(4)
’25	(18)	(17)	(3)	(17)	(56)
’24	(29)	(29)	(23)	(35)	(116)
’23	(37)	(27)	(29)	(45)	(138)
’22	(16)	(15)	(53)	(13)	(98)
’21	(8)	(8)	(55)	(24)	(95)

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	(0.02)	—	—	—	—
’26	(0.35)	(0.24)	(0.24)	(0.20)	(1.04)
’25	(0.23)	(0.19)	(0.17)	(3.79)	(4.34)
’24	(0.32)	(0.28)	(0.26)	(0.21)	(1.07)
’23	(0.68)	(0.53)	(5.39)	(0.49)	(7.11)
’22	(0.38)	(0.43)	(0.44)	(0.77)	(2.04)
’21	(0.22)	(0.20)	(0.39)	(0.34)	(1.18)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	28.29	38.12	12.71	12.23	11.01	7.34	7.83	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	71.00	130.02	41.50	21.71	20.59	16.24	12.59
People
People	Employees	—	—	—	—	1,800	3,000	3,000	3,000	3,000	3,400
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.12	0.18	0.24	0.30	0.36	0.36
Income, $m
Income, $m	Revenue	42	57	76	121	222	548	731	909	1,077	1,227
	Gross margin, %	51.56	60.83	63.37	67.12	57.58	49.45	45.44	42.37	41.81	42.94
	EBT	(54)	(82)	(210)	(57)	(130)	(315)	(1,074)	(160)	(660)	(144)
	EBT margin, %	(127.22)	(143.54)	(276.63)	(46.95)	(58.66)	(57.51)	(147.05)	(17.65)	(61.25)	(11.74)
	Net income	(58)	0	(180)	(54)	(124)	(288)	(1,070)	(164)	(667)	(144)
	Depreciation	6	5	4	13	36	105	115	110	101	151
Per share, $
Per share, $	Revenue	0.50	0.68	0.91	1.40	2.11	3.87	4.86	5.91	7.01	8.82
	Earnings	(0.69)	(1.14)	(2.14)	(0.62)	(1.18)	(2.04)	(7.11)	(1.07)	(4.34)	(1.04)
	Cash flow	(0.13)	(0.12)	(0.09)	(0.33)	(0.88)	(0.62)	(0.83)	(0.64)	(0.21)	0.40
	Capex	0.00	0.00	0.00	(0.04)	(0.02)	(0.08)	(0.09)	(0.12)	(0.15)	(0.43)
	Free cash flow	(0.13)	(0.12)	(0.09)	(0.37)	(0.90)	(0.69)	(0.92)	(0.75)	(0.36)	(0.03)
	Book value	(2.06)	(3.17)	2.34	4.01	18.38	24.01	16.60	15.69	10.83	10.66
	Shares, m	84	84	84	86	105	142	150	154	154	139
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	21.06	21.06	21.06	21.06	29.81	7.87	3.13	2.40	1.25	1.02
	P/B	8.24	8.24	8.24	8.24	3.42	1.27	0.91	0.90	0.81	0.84
	EV/Sales	19.87	19.87	19.87	19.87	26.41	6.24	2.10	1.65	0.77	0.68
	EV/FCF	0.00	0.00	0.00	0.00	(61.74)	(34.96)	(11.06)	(12.99)	(14.81)	(213.24)
Cash, $m
Cash, $m	Operating cash flow	(11)	(10)	(7)	(29)	(93)	(87)	(125)	(98)	(33)	55
	Capex	(2)	(1)	(2)	(4)	(2)	(11)	(13)	(18)	(23)	(59)
	Free cash flow	(11)	(10)	(7)	(32)	(95)	(98)	(138)	(116)	(56)	(4)
Balance, $m
Balance, $m	Working capital	(2)	0	169	162	744	885	784	773	649	541
	Total debt	171	250	—	43	50	53	19	16	11	15
	Net debt	156	226	(207)	(168)	(757)	(901)	(782)	(706)	(547)	(439)
	Shareholders’ equity	(172)	(265)	196	344	1,934	3,399	2,497	2,412	1,664	1,483
Returns, %
Returns, %	ROA	(96.09)	(343.98)	(115.60)	(14.59)	(9.62)	(10.08)	(34.03)	(6.25)	(30.32)	(8.27)
	ROIC	0.00	0.00	0.00	(20.69)	(6.89)	(7.96)	(40.03)	(7.44)	(38.95)	(9.12)
	ROE	26.36	43.77	521.96	(19.81)	(10.91)	(10.82)	(36.29)	(6.68)	(32.73)	(9.18)

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EVCM EverCommerce Inc.	$1.7B	52.4×	41.5×	+2.70% (above 0%: growing)	+25.00% (above 0%: growing)	+3.41% (above 0%: growing)	78.61%	11.49%	Compare
ALKT Alkami Technology, Inc.	$1.5B	— (loss-making)	— (loss-making)	+15.87% (above 0%: growing)	n/m	+2,071.76% (above 0%: growing)	56.85%	(5.93%)	Compare
LSPD Lightspeed Commerce Inc.	$1.5B	— (loss-making)	— (loss-making)	+5.82% (above 0%: growing)	n/m	−23,170.13% (below 0%: shrinking)	42.94%	(1.72%)
CXM Sprinklr, Inc.	$1.4B	58.3×	57.4×	+0.80% (above 0%: growing)	−40.00% (below 0%: shrinking)	−55.52% (below 0%: shrinking)	65.12%	4.66%	Compare
PD PagerDuty	$1.4B	7.9×	19.5×	+0.83% (above 0%: growing)	−45.45% (below 0%: shrinking)	+8.53% (above 0%: growing)	83.90%	8.23%	Compare
WRD WeRide Inc.	$1.3B	— (loss-making)	— (loss-making)	+92.37% (above 0%: growing)	n/m	−92.28% (below 0%: shrinking)	37.49%	(182.09%)	Compare
APPS Digital Turbine, Inc.	$1.3B	— (loss-making)	901×	+26.78% (above 0%: growing)	n/m	+1,254.95% (above 0%: growing)	49.39%	13.89%	Compare
DFIN Donnelley Financial Solutions	$1.3B	34.5×	9.1×	+2.80% (above 0%: growing)	+11.54% (above 0%: growing)	+18.38% (above 0%: growing)	66.01%	24.98%	Compare
RDVT Red Violet, Inc.	$1.2B	63.8×	55.2×	+22.71% (above 0%: growing)	+84.21% (above 0%: growing)	+50.36% (above 0%: growing)	85.71%	22.81%	Compare
Median of peers	$1.3B	52.4×	48.4×	+9.34%	+11.54%	+13.46%	65.57%	9.86%

All 237 Software Application stocks →

Lightspeed Commerce Inc. (LSPD) key facts

Concern: Lightspeed Commerce Inc. reported a net loss of $144.4 million, or a loss of $1.04 per share, for fiscal 2026.
Strength: Lightspeed Commerce Inc.’s revenue for fiscal 2026 (year ended March 2026) was $1.2 billion, up 14.0% from fiscal 2025.
Lightspeed Commerce Inc. (LSPD) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, LSPD traded at $10.57, a market capitalization of $1.5 billion.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 1.2× sales.
Return on equity was −9.18% and debt-to-equity 0.01.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.71 (grey zone) for fiscal 2026.