Lightspeed Commerce (LSPD) Research & Development (2019 - 2026)
Lightspeed Commerce's Research & Development came in at $31.86 million for the quarter ended Jun 30, 2026, down 1.8% from $32.43 million a year earlier but up 13.7% from the prior quarter.
Lightspeed Commerce (LSPD) Research & Development (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Lightspeed Commerce reported Research & Development of $125.76 million, up 0.4% year-over-year; for the year ended Mar 31, 2026, it came in at $126.33 million, up 5.0% from the prior year.
- Research & Development carries a five-year compound annual growth rate of 18.0% (years ended Mar 2021 to Mar 2026).
- Going back by year, Research & Development was $120.34 million in the year ended Mar 31, 2025 (-7.0%), $129.42 million in the year ended Mar 31, 2024 (-7.9%), $140.44 million in the year ended Mar 31, 2023 (+15.9%) and $121.15 million in the year ended Mar 31, 2022 (+119.1%).
- The five-year range for quarterly Research & Development is $27.47 million (the quarter ended Jun 30, 2024) to $37.41 million (the quarter ended Dec 31, 2022).
- Year-over-year, Research & Development increased in four of the last eight quarters, with growth averaging 1.7%.
- The fastest year-over-year change in Research & Development over five years came in the quarter ended Mar 31, 2022 (growth of 116.2%), and the weakest in the quarter ended Sep 30, 2021 (a decline of 36.9%).
- Business Quant data shows LSPD's Research & Development at $28.02 million (quarter ended Mar 31, 2026), $33.19 million (quarter ended Dec 31, 2025) and $32.69 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 92.20 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 107.00 Mn |
| 10 | Lightspeed Commerce | 1.34 Bn | -432.55 Mn | 138.56 Mn | 31.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.86 Mn |
| Mar 31, 2026 | 28.02 Mn |
| Dec 31, 2025 | 33.19 Mn |
| Sep 30, 2025 | 32.69 Mn |
| Jun 30, 2025 | 32.43 Mn |
| Mar 31, 2025 | 30.20 Mn |
| Dec 31, 2024 | 32.15 Mn |
| Sep 30, 2024 | 30.52 Mn |
| Jun 30, 2024 | 27.47 Mn |
| Mar 31, 2024 | 27.63 Mn |
| Dec 31, 2023 | 34.68 Mn |
| Sep 30, 2023 | 33.08 Mn |
| Jun 30, 2023 | 34.04 Mn |
| Mar 31, 2023 | 30.81 Mn |
| Dec 31, 2022 | 37.41 Mn |
| Sep 30, 2022 | 36.60 Mn |
| Jun 30, 2022 | 35.64 Mn |
| Mar 31, 2022 | 36.84 Mn |
| Dec 31, 2021 | 32.01 Mn |
| Sep 30, 2021 | 30.09 Mn |
Lightspeed Commerce Research & Development 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=research-and-development&ticker=LSPD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=LSPD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();