Lightspeed Commerce (LSPD) Gross Margin (2019 - 2026)

Lightspeed Commerce's Gross Margin history runs 8 years deep, the most recent figure standing at 44.4% for Q1 2026.

• In Q1 2026, Gross Margin rose 27.0% year-over-year to 44.4%; the TTM figure through Mar 2026 stood at 42.94% (up 113.0% YoY), while the FY2026 annual figure was 42.94%, up 113.0% from the prior year.
• Gross Margin was 44.4% for Q1 2026 at Lightspeed Commerce, up from 42.77% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 47.53% in Q1 2022 to a low of 40.67% in Q2 2024.
• Historically, Gross Margin has averaged 43.41% across 5 years, with a median of 42.77% in 2025.
• The sharpest annual moves came in 2022 and 2025: Gross Margin slumped 617 bps in 2022, then soared 166 bps in 2025.
• A 5-year view of Gross Margin shows it stood at 45.58% in 2022, then decreased by 7 bps to 42.34% in 2023, then declined by 2 bps to 41.36% in 2024, then advanced by 3 bps to 42.77% in 2025, then rose by 4 bps to 44.4% in 2026.
• The last three Gross Margin figures came in at 44.4% (Q1 2026), 42.77% (Q4 2025), and 42.38% (Q3 2025), per Business Quant data.