Lightspeed Commerce's Q1 net loss widens

Lightspeed Commerce

31/07/2025 12:24

Overview

Lightspeed Q1 2026 revenue grows 15% yr/yr, exceeding company outlook

Gross profit increases 19% yr/yr, with gross margin improving to 42%

Net loss widens to $49.6 mln, but Adjusted EBITDA rises to $15.9 mln

Outlook

Lightspeed expects Q2 2026 revenue between $305 mln and $310 mln

Company anticipates fiscal 2026 revenue growth of 10% to 12%

Lightspeed projects Q2 2026 adjusted EBITDA of $17 mln to $19 mln

Company forecasts fiscal 2026 adjusted EBITDA of $68 mln to $72 mln

Result Drivers

CUSTOMER EXPANSION - Added ~1,700 net new customer locations, boosting revenue growth

PRODUCT INNOVATION - New product releases and enhancements, including AI tools, drove strong impact

TRANSACTION REVENUE - Transaction-based revenue increased 18% yr/yr, supporting overall revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
-$49.57 mln
Q1 Basic EPS
-$0.35


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nCNWDxd7Na

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)