Lightspeed Commerce (LSPD) Gross Margin (2019 - 2026)
Lightspeed Commerce's Gross Margin came in at 42.94% for the quarter ended Jun 30, 2026, up 0.61 percentage points from 42.33% a year earlier but down 1.46 percentage points from the prior quarter.
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Analysis
Lightspeed Commerce (LSPD) Gross Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Lightspeed Commerce reported Gross Margin of 43.09%, up 0.87 percentage points year-over-year.
- Gross Margin carries a five-year change of -14.64 percentage points (years ended Mar 2021 to Mar 2026).
- Going back by year, Gross Margin was 41.81% in the year ended Mar 31, 2025 (-0.56 pp), 42.37% in the year ended Mar 31, 2024 (-3.07 pp), 45.44% in the year ended Mar 31, 2023 (-4.01 pp) and 49.45% in the year ended Mar 31, 2022 (-8.13 pp).
- The five-year range for quarterly Gross Margin is 40.67% (the quarter ended Jun 30, 2024) to 51.74% (the quarter ended Dec 31, 2021).
- Year-over-year, Gross Margin has increased for six consecutive quarters, with an average year-over-year change of +0.55 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in the quarter ended Jun 30, 2025 (a gain of 1.66 percentage points), and the weakest in the quarter ended Sep 30, 2021 (a drop of 12.86 percentage points).
- Business Quant data shows LSPD's Gross Margin at 44.40% (quarter ended Mar 31, 2026), 42.77% (quarter ended Dec 31, 2025) and 42.38% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | Lightspeed Commerce | 1.34 Bn | -432.55 Mn | 138.56 Mn | 42.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.94% |
| Mar 31, 2026 | 44.40% |
| Dec 31, 2025 | 42.77% |
| Sep 30, 2025 | 42.38% |
| Jun 30, 2025 | 42.33% |
| Mar 31, 2025 | 44.13% |
| Dec 31, 2024 | 41.36% |
| Sep 30, 2024 | 41.23% |
| Jun 30, 2024 | 40.67% |
| Mar 31, 2024 | 43.31% |
| Dec 31, 2023 | 42.34% |
| Sep 30, 2023 | 41.76% |
| Jun 30, 2023 | 42.04% |
| Mar 31, 2023 | 47.20% |
| Dec 31, 2022 | 45.58% |
| Sep 30, 2022 | 44.35% |
| Jun 30, 2022 | 44.58% |
| Mar 31, 2022 | 47.53% |
| Dec 31, 2021 | 51.74% |
| Sep 30, 2021 | 48.75% |
API Access
Lightspeed Commerce Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LSPD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LSPD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LSPD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();