Lightspeed Commerce (LSPD) Research & Development (2019 - 2026)

Lightspeed Commerce's Research & Development history runs 8 years deep, the most recent figure standing at $28.0 million for Q1 2026.

• In Q1 2026, Research & Development fell 7.2% year-over-year to $28.0 million; the TTM figure through Mar 2026 stood at $126.3 million (up 4.98% YoY), while the FY2026 annual figure was $126.3 million, up 4.98% from the prior year.
• Research & Development was $28.0 million for Q1 2026 at Lightspeed Commerce, down from $33.2 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $37.4 million in Q4 2022 to a low of $27.5 million in Q2 2024.
• Historically, Research & Development has averaged $32.6 million across 5 years, with a median of $32.7 million in 2025.
• The sharpest annual moves came in 2022 and 2024: Research & Development surged 116.17% in 2022, then declined 19.29% in 2024.
• A 5-year view of Research & Development shows it stood at $37.4 million in 2022, then retreated by 7.3% to $34.7 million in 2023, then retreated by 7.29% to $32.1 million in 2024, then climbed by 3.24% to $33.2 million in 2025, then slipped by 15.57% to $28.0 million in 2026.
• The last three Research & Development figures came in at $28.0 million (Q1 2026), $33.2 million (Q4 2025), and $32.7 million (Q3 2025), per Business Quant data.