LSPD

Company Overview — What Does Lightspeed Commerce Inc. Do?

Lightspeed Commerce Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, order-ahead and curbside pickup, point of sale, product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, loyalty, customer management, and tailored financial solutions. The company also offers Lightspeed Loyalty; Lightspeed Analytics; Lightspeed Payments, a payment processing solution; and Lightspeed Capital, a merchant cash advance program. In addition, it sells a suite of hardware products to complement its software solutions for the retail and hospitality segments, such as customer facing displays, stands, barcode scanners, receipt printers, cash drawers, payment terminals, and an assortment of other accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montréal, Canada. Lightspeed Commerce Inc. (LSPD) is classified as a small-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Jean-Paul Chauvet and employs approximately 1,800 people. With a market capitalization of $1.2B, LSPD is one of the notable companies in the Technology sector.

Lightspeed Commerce Inc. (LSPD) Stock Rating — Reduce (April 2026)

As of April 2026, Lightspeed Commerce Inc. receives a Reduce rating with a composite score of 38.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.LSPD ranks #2,324 out of 4,446 stocks in our coverage universe. Within the Technology sector, Lightspeed Commerce Inc. ranks #250 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

LSPD Stock Price and 52-Week Range

Lightspeed Commerce Inc. (LSPD) currently trades at $8.47. The stock lost $0.15 (1.7%) in the most recent trading session. The 52-week high for LSPD is $14.34, which means the stock is currently trading -40.9% from its annual peak. The 52-week low is $7.34, putting the stock 15.4% above its annual trough. Recent trading volume was 428K shares, suggesting relatively thin trading activity.

Is LSPD Overvalued or Undervalued? — Valuation Analysis

Lightspeed Commerce Inc. (LSPD) carries a value factor score of 27/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.73x, versus the sector average of 3.16x. The price-to-sales ratio is 0.28x, compared to 1.06x for the average Technology stock.

At current multiples, Lightspeed Commerce Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Lightspeed Commerce Inc. Profitability — ROE, Margins, and Quality Score

Lightspeed Commerce Inc. (LSPD) earns a quality factor score of 40/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -160.4%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -146.1% versus the sector average of -1.0%.

On a margin basis, Lightspeed Commerce Inc. reports gross margins of 41.8%, compared to 50.9% for the sector. The operating margin is -64.6% (sector: -0.5%). Net profit margin stands at -62.0%, versus -1.5% for the average Technology stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

LSPD Debt, Balance Sheet, and Financial Health

Lightspeed Commerce Inc. has a debt-to-equity ratio of 0.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $0. Cash and equivalents stand at $558M.

LSPD has a beta of 1.29, meaning it is more volatile than the broader market — a $10,000 investment in LSPD would be expected to move 28.9% more than the S&P 500 on any given day. The stability factor score for Lightspeed Commerce Inc. is 51/100, reflecting average volatility within the normal range for its sector.

Lightspeed Commerce Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Lightspeed Commerce Inc. reported revenue of $1.08B and earnings per share (EPS) of $-4.34. Net income for the quarter was $-667M. Gross margin was 41.8%. Operating income came in at $-696M.

In FY 2025, Lightspeed Commerce Inc. reported revenue of $1.08B and earnings per share (EPS) of $-4.34. Net income for the quarter was $-667M. Gross margin was 41.8%. Revenue grew 18.4% year-over-year compared to FY 2024. Operating income came in at $-696M.

In FY 2024, Lightspeed Commerce Inc. reported revenue of $909M and earnings per share (EPS) of $-1.07. Net income for the quarter was $-164M. Gross margin was 42.4%. Revenue grew 24.5% year-over-year compared to FY 2023. Operating income came in at $-203M.

In FY 2023, Lightspeed Commerce Inc. reported revenue of $731M and earnings per share (EPS) of $-7.11. Net income for the quarter was $-1.07B. Gross margin was 45.4%. Revenue grew 33.2% year-over-year compared to FY 2022. Operating income came in at $-1.10B.

Over the past 7 quarters, Lightspeed Commerce Inc. has demonstrated a growth trajectory, with revenue expanding from $121M to $1.08B. Investors analyzing LSPD stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

LSPD Dividend Yield and Income Analysis

Lightspeed Commerce Inc. (LSPD) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

LSPD Momentum and Technical Analysis Profile

Lightspeed Commerce Inc. (LSPD) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 59/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 11/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

LSPD vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Lightspeed Commerce Inc. (LSPD) ranks #250 out of 584 stocks based on the Blank Capital composite score. This places LSPD in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing LSPD against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full LSPD vs S&P 500 (SPY) comparison to assess how Lightspeed Commerce Inc. stacks up against the broader market across all factor dimensions.

LSPD Next Earnings Date

No upcoming earnings date has been announced for Lightspeed Commerce Inc. (LSPD) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy LSPD? — Investment Thesis Summary

The quantitative profile for Lightspeed Commerce Inc. suggests caution. The value score of 27/100 indicates premium valuation.

In summary, Lightspeed Commerce Inc. (LSPD) earns a Reduce rating with a composite score of 38.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on LSPD stock.

Related Resources for LSPD Investors

Explore more research and tools: LSPD vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare LSPD head-to-head with peers: LSPD vs IHS, LSPD vs VRSN, LSPD vs ESE.