Lightspeed Commerce (LSPD) Cost of Revenue (2019 - 2026)

Lightspeed Commerce's Cost of Revenue history runs 8 years deep, the most recent figure standing at $74.2 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 27.77% year-over-year to $74.2 million; the TTM figure through Mar 2026 stood at $504.7 million (up 50.35% YoY), while the FY2026 annual figure was $280.9 million, up 19.61% from the prior year.
• Cost of Revenue was $74.2 million for Q1 2026 at Lightspeed Commerce, down from $178.8 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $183.8 million in Q3 2025 to a low of $54.0 million in Q4 2024.
• Historically, Cost of Revenue has averaged $87.9 million across 5 years, with a median of $65.7 million in 2024.
• Biggest YoY gain for Cost of Revenue was 230.98% in 2025; the steepest drop was 57.01% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $60.5 million in 2022, then increased by 0.67% to $60.9 million in 2023, then dropped by 11.32% to $54.0 million in 2024, then surged by 230.98% to $178.8 million in 2025, then sank by 58.49% to $74.2 million in 2026.
• The last three Cost of Revenue figures came in at $74.2 million (Q1 2026), $178.8 million (Q4 2025), and $183.8 million (Q3 2025), per Business Quant data.