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.

• On a quarterly basis, Gross Margin rose 27.0% year-over-year to 44.4% in Q1 2026; TTM through Mar 2026 was 42.94%, a 113.0% increase from a year earlier, with the FY2026 full-year figure at 42.94%, up 113.0% from the prior year.
• Gross Margin climbed to 44.4% in Q1 2026 per LSPD's latest filing, from 42.77% in the prior quarter.
• Across five years, Gross Margin topped out at 47.53% in Q1 2022 and bottomed at 40.67% in Q2 2024.
• The 5-year median for Gross Margin is 42.77% (2025), against an average of 43.41%.
• Across the five-year window, Gross Margin slumped 617 bps in 2022 and surged 166 bps in 2025, its largest moves.
• Year by year, Gross Margin 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.
• Per Business Quant, the three latest LSPD Gross Margin figures stand at 44.4% (Q1 2026), 42.77% (Q4 2025), and 42.38% (Q3 2025).