Lightspeed Commerce’s Revenue by Segment (2020-2022)

Exclusive Data

You need the Pro Plan for unlimited access.

Pro Plan

$49 per month*

60% discount ends in:

00
Days
00
Hours
00
Mins.
00
Seconds

.

Download

About

This chart shows Lightspeed Commerce’s Revenue by Segment, across Transaction-based, Subscription, Hardware and transaction-based segments.
Subscribe to Pro or Enterprise plans to unlock this feature.
More information
Subscribe to Pro or Enterprise plans to unlock this feature.
Contact the Analyst
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on reddit
Share on facebook
Share on twitter
Share on linkedin
Share on email

Become a smarter investor today.

Access Business Quant for as low as $19/month

Become a smarter investor today.

Access KPIs & Segment Financials on US stocks

This chart shows Lightspeed Commerce’s Revenue by Segment, across Transaction-based, Subscription, Hardware and transaction-based segments.

Lightspeed Commerce’s Revenue by Segment

Segment Q3 2021 Q2 2022 Q3 2022 Contribution in Q3 2022
Transaction-based $21.73 $65.02 $75.84 49.7%
Subscription $30.80 $59.37 $68.59 44.9%
Hardware and other $5.08 $8.82 $8.25 5.4%
Subscription and transaction-based $0.00 $0.00 $0.00 0.0%
Total $57.61 $133.22 $152.68 100.0%

(All figures in millions, except percentages)

The total revenue of Lightspeed Commerce increased from $57.61 million in Q3 2021 to $152.68 million in Q3 2022, marking a growth of approximately 165% in revenue in just a year. The revenue also grew by $19.46 million from Q2 2022 to Q3 2022, leading to a 14.6% growth in revenue on a quarter-on-quarter basis.

Due to covid-19, the need for digital solutions has been accelerated as the SMBs look to enlarge their reach with online strategies besides the traditional in-person selling strategies. The company took some temporary measures during covid-19 including making the eCommerce platform available for free and making it possible to access Lightspeed Payments without any margin cost. This also led to an increase in the volumes processed using the company’s payment products.

Lightspeed Commerce’s revenue can be bifurcated into the following segments:

Transaction-based

This is the revenue generated from the service that enables the customers to accept payments. It includes transaction fees and processing fees on payments. Some of the sources are Lightspeed Payments, company’s proprietary payment processing solutions and through agreements with other integrated payment partners.

This segment had the highest share of 49.7% of the company’s total revenue in Q3 2022. The total revenue grew from $21.73 million in Q3 2021 to $75.84 million in Q3 2022, marking a 249% growth in revenue in just a year. The revenue also grew by $10.82 million from Q2 2022 to Q3 2022, leading to a 16.6% growth in revenue on a quarter-on-quarter basis.

Subscription

The company mainly generates revenue from the sale of cloud-based software subscriptions. The company offers monthly plans, annual plans, and even multi-year term subscriptions. The company also provides some add-ons like delivery, loyalty, and analytics. These plans are carefully designed to meet the needs of the current as well as prospective customers and to help the SMBs expand. The company also generates revenue from referral fees and through agreements with its partners.

This segment had a 44.9% share in the company’s Q3 2022 revenue. The total revenue from the subscriptions segment grew from $30.80 million to $68.59 million, from Q3 2021 to Q3 2022, representing a growth of approximately 122.7% in revenue in a year. The revenue also grew by $9.22 million in Q3 2022, as compared to $59.37 million in Q2 2022, leading to a 15.5% growth in revenue on a quarter-on-quarter basis.

Hardware & Other

The company also offers hardware services to provide some added support to the customers and to supplement its revenue. These are generally one-time revenues and include products like cash drawers, receipt printers, servers, and bar-code scanners. It also includes professional services needed for the installation as well as the implementation of the company’s solutions. Although, these solutions can also be used by the customers directly.

This segment had a 5.4% share in the company’s total revenue in Q3 2022. The total revenue grew by $3.17 million from $5.08 million in Q3 2021 to $8.25 million in Q3 2022, marking a growth of around 62.4% in revenue in a year. On the other hand, the revenue declined from $8.82 million in Q2 2022 to $8.25 million in Q3 2022, marking a fall of 6.5% in revenue on a quarter-on-quarter basis.

Subscription and Transaction-based

This segment did not have any share in Q3 2022’s revenue but it did have a 91.3% share in Q4 2021’s revenue. The company did not have any revenue in 2022.

About Lightspeed Commerce Inc

Lightspeed Commerce was founded in 2005 and is an e-commerce software provider and point-of-sale platform based in Montreal, Canada. The company is a leader in providing software solutions and support systems to medium as well as small retailers, restaurant owners, and the hospitality sector. The company aims to empower these businesses and enable them to manage their operations, interact with customers, accept payments, and overall growth.

The company provides easy-to-use, Omni channels, and commerce enabling software service platforms. The solutions provided by the company are tailor-made to meet the needs of the SMBs and democratize the technology, which was earlier available to just large companies. The companies’ cloud platforms aim to provide comprehensive management of operations, omnichannel consumer experience, as well as facilitation of payments.

Did you like Lightspeed Commerce’s Revenue by Segment statistic?

Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.

You can get started here.

Read more

Access Segment financials and KPI data on US stocks

Our Plans

Always know what you’ll pay. No hidden costs or surprises.

  • Annual
  • Monthly

Basic

Get to know us

  • Access only basic data
  • This statistic is not included The statistic that you're currently viewing, is not included in the Basic plan. Please subscribe to the Pro plan to access this statistic.
$0
per month
Start for Free

60% discount until May 22

Pro

For serious investing

  • This statistic is included Instant access to all the data and features on the Business Quant platform. This also includes access to the statistic that you're currently viewing.
  • Granular KPI data Access segment financials, non-GAAP metrics and KPI data from presentations and filings. Examples include financials by segment / region / product category, AT&T's broadband subscriber trends, Tesla's deliveries by model and lots more.
  • Stock research tools Features include : Stock screener, Stock comparison, sector financials, stock warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
  • Industry data & tools Access premium operating data on 40+ industries. Examples include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$49
$19
per month*
Buy Now

Enterprise

For tailored workflows

  • All of Pro plan Get unfettered access to all our dashboards and dossiers.
  • Custom built features Get tailored dashboards built specially for you , based on your set of requirements, to simplify your research workflow.
$99
per month, onwards*
Contact Us

* Billed annually, local taxes extra. 

Basic

Get to know us

  • Access only basic data
  • This statistic is not included The statistic that you're currently viewing, is not included in the Basic plan. Please subscribe to the Pro plan to access this statistic.
$0
per month
Start for Free

60% discount on Annual plan

Pro

For serious investing

  • This statistic is included Instant access to all the data and features on the Business Quant platform. This also includes access to the statistic that you're currently viewing.
  • Granular KPI data Access segment financials, non-GAAP metrics and KPI data from presentations and filings. Examples include financials by segment / region / product category, AT&T's broadband subscriber trends, Tesla's deliveries by model and lots more.
  • Stock research tools Features include : Stock screener, Stock comparison, sector financials, stock warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
  • Industry data & tools Access premium operating data on 40+ industries. Examples include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$49
per month*
Buy Now

Enterprise

For tailored workflows

  • All of Pro plan Get unfettered access to all our features.
  • Custom built features Get tailored dashboards built specially for you , based on your set of requirements, to simplify your research workflow.
$99
per month, onwards*
Contact Us

* Local taxes extra. 

BQ Star Yellow 60%

Get Pro for 60% off

  • Access all features immediately
  • Datasets updated every day
  • Export data in CSV and XLSX formats

Offer Ends In

Starting from $49 $19 / month

.