NYSE$LSPD
Lightspeed Commerce Inc · Q3 2026 earnings
Q3 2026 earnings · · Before market open · Investor relations
Briefing
Lightspeed Q3 FY26: $312M revenue (+11%), adjusted EPS $0.15 as payments mix grows to 67%
Lightspeed Commerce reported third quarter fiscal 2026 results for the period ended December 31, 2025, with total revenue of $312.3 million, up 11% year over year. Transaction-based revenue rose 15% to $209.4 million and accounted for 67% of total revenue, while subscription revenue was 30%. The company reported a GAAP net loss of $33.6 million, or $0.24 per share, but adjusted income was $20.2 million, or $0.15 per diluted share. Adjusted EBITDA was $20.2 million versus $16.6 million in the prior year. Gross payment volume reached $10.5 billion (+19%) and gross transaction volume was $25.3 billion. Average revenue per customer location increased 11% to approximately $663 per month.
- Q3 revenue grew 11% to $312.3M; transaction-based revenue rose 15% to $209.4M (67% of total) as payments adoption accelerated.
- GAAP net loss was $33.6M ($0.24/share); adjusted income was $20.2M ($0.15/share) and adjusted EBITDA $20.2M vs $16.6M prior year.
- Gross payment volume (GPV) reached $10.5B (+19%); gross transaction volume (GTV) was $25.3B vs $23.5B prior year.
- Monthly ARPU per customer location increased 11% to ~$663; subscription revenue accounted for 30% of total revenue.
- Nine-month adjusted free cash flow was $31.2M, reflecting improved operating cash generation despite ongoing growth investments.
Headline financials
Revenue & EPS history
Lightspeed · Revenue · Quarterly
$312M
Revenue by segment
Lightspeed · $303M total across 2 segments · Q3 2026
- Transaction-based$209M+15.2%69.1%
- Subscription$93.7M+6.3%30.9%
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 2026
-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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