Lightspeed Commerce Inc.

Listed Company

LSPDCIK 0001823306NYSEEmerging GrowthServices-Prepackaged SoftwareZ4CAFY ends Mar 31

Period

FY 2025

Revenue

—

Net Income

$-667.20M

Total Assets

$1.83B

Equity

—

Shares Out

146.40M

Op. Cash Flow

—

Business

Lightspeed Commerce Inc. provides a cloud-based unified point-of-sale (POS) and payments platform that enables merchants to run omni-channel commerce and accept electronic payments. It offers flagship products including Lightspeed Retail and Lightspeed Restaurant, eCommerce, inventory and menu management, kitchen display systems, analytics, loyalty, a wholesale network (Lightspeed NuORDER), and financing (Lightspeed Capital). Key business segments focus on retail and hospitality solutions, payments and financial services, and back-office operations management. Lightspeed serves SMBs primarily across North America, Europe, the UK, Australia and New Zealand via direct sales and channel partners, enabling in-store, online, mobile and social commerce.

Summary from filing dated 2025-05-22

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31
Profit or loss [abstract]	—	—
Revenues	1,227	1,077
Direct cost of revenues	700	627
Gross profit	527	450
Operating expenses	—	—
General and administrative	117	115
Research and development	126	120
Sales and marketing	281	235
Depreciation of property and equipment	7	7
Depreciation of right-of-use assets	5	5
Foreign exchange loss (gain)	2	−594,000
Acquisition-related compensation	627,000	366,000
Amortization of intangible assets	139	88
Restructuring	6	18
Goodwill impairment	0	556
Total operating expenses	679	1,146
Operating loss	−152	−696
Net interest income	8	36
Loss before income taxes	−144	−660
Income tax expense (recovery)	—	—
Current	9	7
Deferred	−8	191,000
Total income tax expense	361,000	8
Net loss	−144	−667
Other comprehensive income (loss)	—	—
Foreign currency differences on translation of foreign operations	7	−732,000
Change in net unrealized gain (loss) on cash flow hedging instruments, net of tax	2	−3
Total other comprehensive income (loss)	9	−3
Total comprehensive loss	−135	−671
Basic net loss per share (in USD per share)	−1.04	−4.34
Diluted net loss per share (in USD per share)	−1.04	−4.34

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31
Statement of financial position [abstract]	—	—
Assets:	—	—
Current assets	—	—
Cash and cash equivalents	454	558
Trade and other receivables	48	53
Merchant cash advances	118	106
Inventories	16	15
Other current assets	71	66
Total current assets	706	798
Lease right-of-use assets, net	17	13
Property and equipment, net	17	17
Intangible assets, net	74	160
Goodwill	805	798
Other long-term assets	38	41
Deferred tax assets	8	298,000
Total assets	1,665	1,826
Liabilities and Shareholders’ Equity	—	—
Current liabilities	—	—
Accounts payable and accrued liabilities	81	73
Lease liabilities	5	6
Income taxes payable	787,000	2
Deferred revenue	78	69
Total current liabilities	165	149
Deferred revenue	661,000	1
Lease liabilities	15	11
Other long-term liabilities	1	562,000
Deferred tax liabilities	0	284,000
Total liabilities	182	162
Shareholders’ equity	—	—
Share capital	3,919	4,157
Additional paid-in capital	208	201
Accumulated other comprehensive income (loss)	2	−7
Accumulated deficit	−2,646	−2,687
Total shareholders’ equity	1,483	1,664
Commitments and contingencies	—	—
Total liabilities and shareholders’ equity	1,665	1,826

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31
Statement of cash flows [abstract]	—	—
Cash flows from (used in) operating activities	—	—
Net loss	−144	−667
Items not affecting cash and cash equivalents	—	—
Amortization of intangible assets	139	88
Depreciation of property and equipment and lease right-of-use assets	12	13
Deferred income tax expense (recovery)	−8	191,000
Share-based compensation expense	57	56
Unrealized foreign exchange gain	−967,000	−290,000
Goodwill impairment	0	556
(Increase)/decrease in operating assets and increase/(decrease) in operating liabilities	—	—
Trade and other receivables	5	9
Merchant cash advances	−12	−32
Inventories	−1	2
Other assets	−2	−21
Accounts payable and accrued liabilities	11	−892,000
Income taxes payable	−753,000	−169,000
Deferred revenue	9	2
Other long-term liabilities	828,000	−404,000
Net interest income	8	36
Total operating activities	55	−33
Cash flows from (used in) investing activities	—	—
Additions to property and equipment	7	4
Additions to intangible assets	53	19
Acquisition of business, net of cash acquired	165,000	8
Interest income	22	39
Total investing activities	−38	8
Cash flows from (used in) financing activities	—	—
Proceeds from exercise of stock options, net of tax withholding for net share settlement	1	2
Shares repurchased and cancelled	86	132
Shares repurchased for settlement of non-treasury RSUs	30	0
Payment of lease liabilities	8	8
Financing costs	88,000	180,000
Total financing activities	−124	−139
Effect of foreign exchange rate changes on cash and cash equivalents	1	−237,000
Net decrease in cash and cash equivalents during the year	−105	−164
Cash and cash equivalents – End of year	—	—
Cash and cash equivalents – End of year	—	—
Income taxes paid	5	5

Filings

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