Lightspeed Commerce (LSPD) Operating Margin (2019 - 2026)
Lightspeed Commerce's (LSPD) quarterly Operating Margin came in at 12.36% in Q1 2026, up 21653.0% year-on-year from N/an in Q1 2025, and down 2.59% quarter-over-quarter from 12.05% in Q4 2025.
Lightspeed Commerce (LSPD) Operating Margin (2019 - 2026) Analysis & Trends
Lightspeed Commerce's Operating Margin history runs 8 years deep, the most recent figure standing at 12.36% for Q1 2026.
- On a quarterly basis, Operating Margin rose 21653.0% year-over-year to 12.36% in Q1 2026; TTM through Mar 2026 was 12.41%, a 5222.0% increase from a year earlier, with the FY2026 full-year figure at 12.41%, up 5222.0% from the prior year.
- Operating Margin retreated to 12.36% in Q1 2026 per LSPD's latest filing, from 12.05% in the prior quarter.
- Across five years, Operating Margin topped out at 11.49% in Q3 2025 and bottomed at 436.94% in Q4 2022.
- The 5-year median for Operating Margin is 21.49% (2023), against an average of 63.41%.
- Across the five-year window, Operating Margin plunged 38549 bps in 2022 and jumped 41545 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 436.94% in 2022, then surged by 95 bps to 21.49% in 2023, then surged by 44 bps to 12.14% in 2024, then grew by 1 bps to 12.05% in 2025, then dropped by 3 bps to 12.36% in 2026.
- Per Business Quant, the three latest LSPD Operating Margin figures stand at 12.36% (Q1 2026), 12.05% (Q4 2025), and 11.49% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 201.80 Bn | 181.57 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 192.09 Bn | 189.39 Bn | - | - |
| 3 | Shopify | 163.21 Bn | 157.46 Bn | 1.55 Bn | 12.05% |
| 4 | Salesforce | 153.24 Bn | 141.40 Bn | 8.56 Bn | 21.08% |
| 5 | Uber Technologies | 138.87 Bn | 137.66 Bn | 5.95 Bn | 14.56% |
| 6 | ServiceNow | 111.15 Bn | 106.48 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 103.29 Bn | 100.06 Bn | 2.87 Bn | -22.99% |
| 8 | Adobe | 97.13 Bn | 91.51 Bn | 5.90 Bn | 33.82% |
| 9 | Snowflake | 94.21 Bn | 91.26 Bn | 926.45 Mn | -23.45% |
| 10 | Lightspeed Commerce | 1.44 Bn | 981.61 Mn | 129.11 Mn | -12.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.36% |
| Dec 31, 2025 | -12.05% |
| Sep 30, 2025 | -11.49% |
| Jun 30, 2025 | -13.79% |
| Mar 31, 2025 | -228.89% |
| Dec 31, 2024 | -12.14% |
| Sep 30, 2024 | -13.67% |
| Jun 30, 2024 | -16.56% |
| Mar 31, 2024 | -17.93% |
| Dec 31, 2023 | -21.49% |
| Sep 30, 2023 | -22.58% |
| Jun 30, 2023 | -27.86% |
| Mar 31, 2023 | -44.97% |
| Dec 31, 2022 | -436.94% |
| Sep 30, 2022 | -47.26% |
| Jun 30, 2022 | -60.32% |
| Mar 31, 2022 | -77.68% |
| Dec 31, 2021 | -51.45% |
| Sep 30, 2021 | -56.14% |
| Jun 30, 2021 | -44.13% |