Lightspeed Q1 2026 Financial Results

SEC Filing 6-K (0001823306-25-000043)

Lightspeed Commerce Inc. reported its first quarter 2026 financial results, showing a 15% year-over-year increase in total revenue to $304.9 million, exceeding expectations. Gross profit rose by 19% to $129.1 million, with a gross margin of 42%. The company added approximately 1,700 net Customer Locations, primarily in retail in North America and hospitality in Europe. Gross Payment Volume (GPV) grew by 21% to $10.2 billion. Despite a net loss of $49.6 million, adjusted income was $7.9 million. The company also repurchased 9.0 million shares for $85.4 million as part of its normal course issuer bid program. Lightspeed remains focused on its growth strategy in retail and hospitality sectors, with a positive outlook for the second quarter and fiscal year 2026.