Lightspeed Commerce (LSPD) Gross Margin (2019 - 2026)
Lightspeed Commerce (LSPD) posted Gross Margin of 42.94% for Q2 2026, down 3.29% on a QoQ basis from 44.4% in Q1 2026, and up 61.0% year-over-year from 26.67% in Q2 2025.
Analysis
Lightspeed Commerce (LSPD) Gross Margin (2019 - 2026) Analysis & Trends
Lightspeed Commerce has reported Gross Margin for 8 years, with the latest figure at 42.94% in Q2 2026.
- On a quarterly basis, Gross Margin rose 61.0% year-over-year to 42.94% in Q2 2026; TTM through Jun 2026 was 43.09%, a 87.0% increase from a year earlier, with the FY2026 full-year figure at 42.94%, up 113.0% from the prior year.
- Gross Margin was 42.94% for Q2 2026 at Lightspeed Commerce, down from 44.4% in the prior quarter.
- The five-year high for Gross Margin was 47.53% in Q1 2022, with the low at 40.67% in Q2 2024.
- Average Gross Margin over 5 years is 43.38%, with a median of 42.85% recorded in 2025.
- The sharpest annual moves came in 2022 and 2025: Gross Margin sank 617 bps in 2022, then jumped 166 bps in 2025.
- Over 5 years, Gross Margin stood at 45.58% in 2022, then slipped by 7 bps to 42.34% in 2023, then fell by 2 bps to 41.36% in 2024, then climbed by 3 bps to 42.77% in 2025, then rose by 0 bps to 42.94% in 2026.
- The last three Gross Margin figures came in at 42.94% (Q2 2026), 44.4% (Q1 2026), and 42.77% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Toast | 19.59 Bn | 17.88 Bn | 516.00 Mn | 27.04% |
| 2 | Agilysys | 3.14 Bn | 3.02 Bn | 55.66 Mn | 63.48% |
| 3 | Diebold Nixdorf | 2.34 Bn | 2.06 Bn | 239.60 Mn | 25.74% |
| 4 | Lightspeed Commerce | 1.45 Bn | 1.08 Bn | 138.56 Mn | 42.94% |
| 5 | NCR Voyix | 1.26 Bn | 1.01 Bn | 177.00 Mn | 33.84% |
| 6 | Par Technology | 817.74 Mn | 739.80 Mn | 56.58 Mn | 42.41% |
| 7 | A2Z Cust2Mate Solutions | 269.91 Mn | 253.19 Mn | 2.51 Mn | 42.55% |
| 8 | Transact Technologies | 53.07 Mn | 33.68 Mn | 7.00 Mn | 50.20% |
| 9 | Table Trac | 26.93 Mn | 18.78 Mn | 2.96 Mn | 69.76% |
| 10 | J & Friends Holdings | 16.69 Mn | 20.30 Mn | - | - |
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% |