Lightspeed Commerce (LSPD) Net Margin (2019 - 2026)
Lightspeed Commerce's (LSPD) quarterly Net Margin came in at 3.96% in Q1 2026, down 197.0% year-on-year from 4.08% in Q1 2025, and up 136.79% quarter-over-quarter from 10.75% in Q4 2025.
Lightspeed Commerce (LSPD) Net Margin (2019 - 2026) Analysis & Trends
Lightspeed Commerce's Net Margin history runs 8 years deep, the most recent figure standing at 3.96% for Q1 2026.
- On a quarterly basis, Net Margin fell 197.0% year-over-year to 3.96% in Q1 2026; TTM through Mar 2026 was 8.5%, a 142.0% decrease from a year earlier, with the FY2026 full-year figure at 5.04%, down 141.0% from the prior year.
- Net Margin improved to 3.96% in Q1 2026 per LSPD's latest filing, from 10.75% in the prior quarter.
- Across five years, Net Margin topped out at 5.92% in Q1 2025 and bottomed at 431.8% in Q4 2022.
- The 5-year median for Net Margin is 13.16% (2024), against an average of 39.1%.
- Across the five-year window, Net Margin tumbled 38891 bps in 2022 and soared 41502 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 431.8% in 2022, then surged by 96 bps to 16.78% in 2023, then surged by 43 bps to 9.49% in 2024, then slipped by 13 bps to 10.75% in 2025, then soared by 137 bps to 3.96% in 2026.
- Per Business Quant, the three latest LSPD Net Margin figures stand at 3.96% (Q1 2026), 10.75% (Q4 2025), and 10.25% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Lightspeed Commerce | 1.33 Bn | 877.93 Mn | 129.11 Mn | 3.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.96% |
| Dec 31, 2025 | -10.75% |
| Sep 30, 2025 | -10.25% |
| Jun 30, 2025 | -16.25% |
| Mar 31, 2025 | 5.92% |
| Dec 31, 2024 | -9.49% |
| Sep 30, 2024 | -10.70% |
| Jun 30, 2024 | -13.16% |
| Mar 31, 2024 | 3.70% |
| Dec 31, 2023 | -16.78% |
| Sep 30, 2023 | -18.45% |
| Jun 30, 2023 | -23.29% |
| Mar 31, 2023 | -0.22% |
| Dec 31, 2022 | -431.80% |
| Sep 30, 2022 | -43.52% |
| Jun 30, 2022 | -57.97% |
| Mar 31, 2022 | -15.60% |
| Dec 31, 2021 | -42.90% |
| Sep 30, 2021 | -44.35% |
| Jun 30, 2021 | -42.56% |