Lightspeed Commerce (LSPD) Research & Development (2019 - 2026)
Lightspeed Commerce (LSPD) posted quarterly Research & Development of $31.9 million for Q2 2026, down 1.75% year-over-year from $32.4 million in Q2 2025, and up 13.68% quarter-over-quarter from $28.0 million in Q1 2026.
Lightspeed Commerce (LSPD) Research & Development (2019 - 2026) Analysis & Trends
Lightspeed Commerce's Research & Development history runs 8 years deep, the most recent figure standing at $31.9 million for Q2 2026.
- In Q2 2026, Research & Development fell 1.75% year-over-year to $31.9 million; the TTM figure through Jun 2026 stood at $125.8 million (changed 0.38% YoY), while the FY2026 annual figure was $126.3 million, up 4.98% from the prior year.
- Research & Development for Q2 2026 stood at $31.9 million, up from $28.0 million in the prior quarter.
- The five-year high for Research & Development was $37.4 million in Q4 2022, with the low at $27.5 million in Q2 2024.
- The 5-year median for Research & Development is $32.6 million (2025), against an average of $32.5 million.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 116.17% in 2022, then dropped 19.29% in 2024.
- Lightspeed Commerce's Research & Development stood at $37.4 million in 2022, then fell by 7.3% to $34.7 million in 2023, then fell by 7.29% to $32.1 million in 2024, then advanced by 3.24% to $33.2 million in 2025, then fell by 4.02% to $31.9 million in 2026.
- Business Quant data shows LSPD's Research & Development at $31.9 million in Q2 2026, $28.0 million in Q1 2026, and $33.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Lightspeed Commerce | 1.47 Bn | 1.10 Bn | 138.56 Mn | 31.86 Mn |
Historic Data
Download 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 |