Lightspeed Commerce (LSPD) Operating Margin (2019 - 2026)

Lightspeed Commerce (LSPD) recorded quarterly Operating Margin of 12.36% in Q1 2026, down 2.59% quarter-over-quarter from 12.05% in Q4 2025, and up 21653.0% on a YoY basis from N/an in Q1 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.

  • In Q1 2026, Operating Margin rose 21653.0% year-over-year to 12.36%; the TTM figure through Mar 2026 stood at 12.41% (up 5222.0% YoY), while the FY2026 annual figure was 12.41%, up 5222.0% from the prior year.
  • Operating Margin was 12.36% for Q1 2026 at Lightspeed Commerce, down from 12.05% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 11.49% in Q3 2025 to a low of 436.94% in Q4 2022.
  • Historically, Operating Margin has averaged 63.41% across 5 years, with a median of 21.49% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 38549 bps in 2022, then surged 41545 bps in 2023.
  • A 5-year view of Operating Margin shows it 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.
  • The last three Operating Margin figures came in at 12.36% (Q1 2026), 12.05% (Q4 2025), and 11.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 21.08%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 14.56%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 12.05%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 13.34%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 29.26%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 37.79%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn -22.99%
10 Lightspeed Commerce 37.33 Mn -416.57 Mn 129.11 Mn -12.36%

Historic Data

Download Data
DateValue
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%