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| 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% |