Lightspeed Commerce (LSPD) Operating Expenses (2019 - 2026)
Lightspeed Commerce (LSPD) reported Operating Expenses of $144.1 million for the quarter ended Jun 30, 2026, down 15.8% from $171.13 million a year earlier and down 12.7% from the prior quarter.
Lightspeed Commerce (LSPD) Operating Expenses (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lightspeed Commerce's Operating Expenses came in at $652.2 million, down 44.0% year-over-year; for the year ended Mar 31, 2026, it was $679.22 million, down 40.7% from the prior year.
- Operating Expenses has a five-year compound annual growth rate of 21.4% (years ended Mar 2021 to Mar 2026).
- By year, Operating Expenses came in at $1.15 billion in the year ended Mar 31, 2025 (+94.8%), $588.27 million in the year ended Mar 31, 2024 (-58.9%), $1.43 billion in the year ended Mar 31, 2023 (+142.7%) and $589.52 million in the year ended Mar 31, 2022 (+129.0%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Operating Expenses since the quarter ended Mar 31, 2024.
- Year over year, Operating Expenses gained in five of the last eight quarters, with growth averaging 42.4%.
- The high point for year-over-year Operating Expenses in five years was the quarter ended Dec 31, 2022 (growth of 477.9%); the low point was the quarter ended Dec 31, 2023 (a decline of 83.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $165.06 million (quarter ended Mar 31, 2026), $171.22 million (quarter ended Dec 31, 2025) and $171.82 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 178,646.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 420.93 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 387.71 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 364.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 323.96 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 542.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 182.80 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 231.56 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 652.00 Mn |
| 10 | Lightspeed Commerce | 1.34 Bn | -432.55 Mn | 138.56 Mn | 144.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 144.10 Mn |
| Mar 31, 2026 | 165.06 Mn |
| Dec 31, 2025 | 171.22 Mn |
| Sep 30, 2025 | 171.82 Mn |
| Jun 30, 2025 | 171.13 Mn |
| Mar 31, 2025 | 691.89 Mn |
| Dec 31, 2024 | 149.87 Mn |
| Sep 30, 2024 | 152.16 Mn |
| Jun 30, 2024 | 152.29 Mn |
| Mar 31, 2024 | 140.98 Mn |
| Dec 31, 2023 | 152.99 Mn |
| Sep 30, 2023 | 148.15 Mn |
| Jun 30, 2023 | 146.15 Mn |
| Mar 31, 2023 | 169.80 Mn |
| Dec 31, 2022 | 910.50 Mn |
| Sep 30, 2022 | 168.29 Mn |
| Jun 30, 2022 | 182.42 Mn |
| Mar 31, 2022 | 183.51 Mn |
| Dec 31, 2021 | 157.55 Mn |
| Sep 30, 2021 | 139.73 Mn |
Lightspeed Commerce Operating Expenses 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=operating-expenses&ticker=LSPD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=LSPD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();