NYSE$LSPD
Lightspeed Commerce Inc · Q3 2025 earnings
Q3 2025 earnings · · Investor relations
Briefing
Lightspeed Q3 FY2025: $280.1M revenue, $0.12 adjusted EPS as EBITDA hits $16.6M
Lightspeed Commerce Inc. reported Q3 fiscal 2025 results on February 6, 2025 for the three months ended December 31, 2024. Total revenue grew 17% year over year to $280.1 million, with transaction-based revenue up 23% to $181.7 million and subscription revenue up 9% to $88.1 million. Net loss improved to $26.6 million, or $0.17 per share, from $40.2 million a year ago. Adjusted income was $18.5 million, or $0.12 per share. Adjusted EBITDA surged to $16.6 million from $3.6 million, exceeding the ~$14 million outlook. Monthly ARPU grew 19% to ~$533. The board authorized up to $400 million in share repurchases following its strategic review.
- Q3 revenue of $280.1M up 17% YoY; subscription revenue up 9% to $88.1M
- Transaction-based revenue $181.7M up 23%; payments penetration rose to 38%
- Adjusted EBITDA $16.6M vs $3.6M prior year, beating ~$14M outlook
- Net loss narrowed to $26.6M ($0.17/share); adjusted income $18.5M ($0.12/share)
- Board authorized up to $400M share repurchase after strategic review
Headline financials
Revenue & EPS history
Lightspeed · Revenue · Quarterly
$280M
Revenue by segment
Lightspeed · $280M total across 3 segments · Q3 2025
- Transaction-based$182M—64.8%
- Subscription$88.1M—31.4%
- Hardware and other$10.4M—3.7%
Forward guidance
Raised FY2025 outlook to ~20% revenue growth and adjusted EBITDA over $53M.
Tailwinds
- Software ARPU up 11%; highest subscription growth in nine quarters
Headwinds
- USD strength pressuring non-US revenue
- Fiscal Q4 seasonally weakest for GTV
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2025
-2.3%
Avg return
Earnings day
-1.4%
Avg return
5 days after
-0.4%
Avg return
30 days after
40%
10 / 25 earnings
Positive
+22.5%
Q4 2021
Best reaction
-28.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -6.9% | -1.8% | +4.7% | |
| Q3 2026 | -7.8% | -8.4% | -5.2% | |
| Q2 2026 | +16.0% | +13.5% | +0.0% | |
| Q1 2026 | -5.4% | -5.4% | -5.9% | |
| Q4 2025 | -8.3% | +0.9% | +1.1% | |
| Q3 2025 | -9.5% | -9.4% | -21.3% | |
| Q2 2025 | +8.3% | +16.8% | +9.8% | |
| Q3 2024 | -28.1% | -31.4% | -30.7% | |
| Q2 2024 | +19.9% | +22.3% | +36.3% | |
| Q1 2024 | +9.8% | +4.4% | +0.9% | |
| Q4 2023 | -10.4% | -9.8% | +10.0% | |
| Q3 2023 | -11.4% | -4.8% | -16.5% | |
| Q2 2023 | -16.4% | -15.7% | -3.9% | |
| Q1 2023 | -10.9% | -10.5% | -27.5% | |
| Q4 2022 | +13.9% | +6.5% | +5.0% | |
| Q3 2022 | -10.9% | -10.6% | -35.1% | |
| Q2 2022 | -26.2% | -28.0% | -55.2% | |
| Q1 2022 | +9.0% | +4.5% | +34.5% | |
| Q4 2021 | +22.5% | +26.7% | +39.2% | |
| Q3 2021 | -3.1% | -2.6% | -21.8% | |
| Q2 2021 | +14.3% | +13.1% | +74.3% | |
| Q1 2021 | -0.3% | — | — | |
| Q4 2019 | -17.5% | — | — | |
| Q3 2019 | +0.7% | — | — | |
| Q2 2019 | +0.1% | — | — | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — |
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