To the full analysis
Lightspeed Commerce stock: growth
LSPDLightspeed Commerce reported $1.23B in revenue for fiscal 2026, up 14% on the prior year, up 40.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
44.6%
per year from 2016 to 2026, per share 37%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | |
|---|---|---|
| Revenue | 40.8% | 44.6% |
| Revenue per share | 33.1% | 37.0% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | no data | no data |
| Free cash flow per share | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2016 | $30.75M | −$51.12M | −$17.37M |
| 2017 | $42.61M | −$58.4M | −$13.37M |
| 2018 | $57.08M | −$96.18M | −$11.51M |
| 2019 | $77.45M | −$183.53M | −$9.59M |
| 2020 | $120.64M | −$53.53M | −$32.16M |
| 2021 | $221.73M | −$124.28M | −$94.86M |
| 2022 | $548.37M | −$288.43M | −$97.87M |
| 2023 | $730.51M | −$1.07B | −$138.41M |
| 2024 | $909.27M | −$163.96M | −$115.85M |
| 2025 | $1.08B | −$667.2M | −$55.89M |
| 2026 | $1.23B | −$144.41M | $70.35M |
Revenue by segment
How Lightspeed Commerce Inc. makes its money and how that has shifted. Names are as the company reports them.
- Transaction Based Revenue66%
- Subscription Revenue30%
- Hardware And Other Revenue3%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|
| Transaction Based Revenue | $82.95M | $264.04M | $399.55M | $545.47M | $697.27M | $815.09M | 66.4% |
| Subscription Revenue | $119.32M | $248.43M | $298.76M | $322M | $344.77M | $370.7M | 30.2% |
| Hardware And Other Revenue | $19.45M | $35.9M | $32.19M | $41.8M | $34.78M | $41.26M | 3.4% |
| Total revenue | $221.73M | $548.37M | $730.51M | $909.27M | $1.08B | $1.23B | 100% |
Revenue by region
Where Lightspeed Commerce Inc. generates its revenue.
- United States64%
- Australia7%
- Canada7%
- Other21%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|
| United States | $140.86M | $395.87M | $527.35M | $616.63M | $693.66M | $789.33M | 64.3% |
| Australia | $13.63M | $29.23M | $45.32M | $67.29M | $80.83M | $90.92M | 7.4% |
| Canada | $17.64M | $33.42M | $47.07M | $65.07M | $90.37M | $88.98M | 7.3% |
| Other | $49.61M | $89.85M | $110.77M | $160.28M | $211.97M | $257.81M | 21% |
| Total revenue | $221.73M | $548.37M | $730.51M | $909.27M | $1.08B | $1.23B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 May 2021)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.