Lightspeed Commerce Inc. (TSX:LSPD)

Lightspeed Commerce Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	1,227	1,077	909.27	730.51	548.37
Revenue Growth (YoY)	13.95%	18.43%	24.47%	33.21%	147.32%
Cost of Revenue	700.12	626.62	524.02	398.55	277.2
Gross Profit	526.92	450.21	385.25	331.96	271.17
Selling, General & Admin	397.42	349.98	338.03	356.31	311.91
Depreciation & Amortization Expenses	150.76	100.99	109.63	115.26	104.55
Research & Development	126.33	120.34	129.42	140.44	121.15
Other Operating Expenses	4.71	574.9	11.19	818.99	51.91
Total Operating Expenses	679.22	1,146	588.27	1,431	589.52
Operating Income	-152.3	-696.01	-203.02	-1,099	-318.34
Total Non-Operating Income (Expense)	8.25	36.5	42.53	24.81	2.99
Pretax Income	-144.05	-659.51	-160.49	-1,074	-315.35
Provision for Income Taxes	0.36	7.69	3.48	-4.22	-26.92
Net Income	-144.41	-667.2	-163.96	-1,070	-288.43
Net Income to Common	-144.41	-667.2	-163.96	-1,070	-288.43
Shares Outstanding (Basic)	139	154	154	150	142
Shares Outstanding (Diluted)	139	154	154	150	142
Shares Change (YoY)	-9.44%	-0.06%	2.23%	6.23%	34.55%
EPS (Basic)	-1.04	-4.34	-1.07	-7.11	-2.04
EPS (Diluted)	-1.04	-4.34	-1.07	-7.11	-2.04
Shares Outstanding	137.78	146.4	153.55	151.17	148.66
Free Cash Flow	48.9	-36.54	-105.17	-134.51	-97.87
Free Cash Flow Per Share	0.35	-0.24	-0.68	-0.89	-0.69
Gross Margin	42.94%	41.81%	42.37%	45.44%	49.45%
Operating Margin	-12.41%	-64.63%	-22.33%	-150.45%	-58.05%
Profit Margin	-11.77%	-61.96%	-18.03%	-146.47%	-52.60%
FCF Margin	3.99%	-3.39%	-11.57%	-18.41%	-17.85%
EBITDA	-1.54	-595.02	-93.39	-983.78	-213.79
EBITDA Margin	-0.13%	-55.26%	-10.27%	-134.67%	-38.99%
EBIT	-152.3	-696.01	-203.02	-1,099	-318.34
EBIT Margin	-12.41%	-64.63%	-22.33%	-150.45%	-58.05%
Effective Tax Rate	-0.25%	-1.17%	-2.17%	0.39%	8.54%

Updated May 21, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.