Lightspeed Commerce (LSPD) Net Margin (2019 - 2026)
Lightspeed Commerce (LSPD) recorded quarterly Net Margin of 3.96% in Q1 2026, up 136.79% quarter-over-quarter from 10.75% in Q4 2025, and down 197.0% on a YoY basis from 4.08% in Q1 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.
- In Q1 2026, Net Margin fell 197.0% year-over-year to 3.96%; the TTM figure through Mar 2026 stood at 8.5% (down 142.0% YoY), while the FY2026 annual figure was 5.04%, down 141.0% from the prior year.
- Net Margin was 3.96% for Q1 2026 at Lightspeed Commerce, up from 10.75% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.92% in Q1 2025 to a low of 431.8% in Q4 2022.
- Historically, Net Margin has averaged 39.1% across 5 years, with a median of 13.16% in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 38891 bps in 2022, then jumped 41502 bps in 2023.
- A 5-year view of Net Margin shows it 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.
- The last three Net Margin figures came in at 3.96% (Q1 2026), 10.75% (Q4 2025), and 10.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 18.74% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 2.29% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | -18.33% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 12.44% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 22.77% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 29.52% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 22.90% |
| 10 | Lightspeed Commerce | 37.33 Mn | -416.57 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% |