Lightspeed Commerce Inc. Q1 2025 Financial Results

SEC Filing 6-K (0001823306-25-000044)

Lightspeed Commerce Inc. reported its financial results for the first quarter ended June 30, 2025. The company's total revenue increased by 15% year-over-year to $304.9 million, driven by growth in transaction-based revenue, which accounted for 67% of total revenue. Subscription revenue made up 30% of total revenue, while hardware and other services contributed 3%. The company reported an operating loss of $42.1 million, slightly improved from the $44.1 million loss in the same period last year. Cash flows from operating activities were $12.4 million, compared to $14.2 million used in the previous year. Lightspeed continues to focus on its growth strategy, particularly in retail customers in North America and hospitality customers in Europe, and has implemented cost reduction initiatives to streamline operations. The company also highlighted its sustainability efforts, including partnerships to offset carbon emissions and promote diversity and inclusion within the organization.