Lightspeed Commerce (LSPD) Research & Development (2019 - 2026)
Lightspeed Commerce (LSPD) posted Research & Development of $31.9 million for Q2 2026, up 13.68% on a QoQ basis from $28.0 million in Q1 2026, and down 1.75% year-over-year from $32.4 million in Q2 2025.
Analysis
Lightspeed Commerce (LSPD) Research & Development (2019 - 2026) Analysis & Trends
Lightspeed Commerce has reported Research & Development for 8 years, with the latest figure at $31.9 million in Q2 2026.
- On a quarterly basis, Research & Development fell 1.75% year-over-year to $31.9 million in Q2 2026; TTM through Jun 2026 was $125.8 million, a 0.38% change from a year earlier, with the FY2026 full-year figure at $126.3 million, up 4.98% from the prior year.
- Research & Development was $31.9 million for Q2 2026 at Lightspeed Commerce, 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.
- Average Research & Development over 5 years is $32.5 million, with a median of $32.6 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Research & Development soared 116.17% in 2022, then fell 19.29% in 2024.
- Over 5 years, Research & Development stood at $37.4 million in 2022, then decreased by 7.3% to $34.7 million in 2023, then decreased by 7.29% to $32.1 million in 2024, then grew by 3.24% to $33.2 million in 2025, then decreased by 4.02% to $31.9 million in 2026.
- The last three Research & Development figures came in at $31.9 million (Q2 2026), $28.0 million (Q1 2026), and $33.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Toast | 19.59 Bn | 17.88 Bn | 516.00 Mn | 166.00 Mn |
| 2 | Agilysys | 3.14 Bn | 3.02 Bn | 55.66 Mn | 20.25 Mn |
| 3 | Diebold Nixdorf | 2.34 Bn | 2.06 Bn | 239.60 Mn | 20.50 Mn |
| 4 | Lightspeed Commerce | 1.45 Bn | 1.08 Bn | 138.56 Mn | 31.86 Mn |
| 5 | NCR Voyix | 1.26 Bn | 1.01 Bn | 177.00 Mn | 30.00 Mn |
| 6 | Par Technology | 817.74 Mn | 739.80 Mn | 56.58 Mn | 22.51 Mn |
| 7 | A2Z Cust2Mate Solutions | 269.91 Mn | 253.19 Mn | 2.51 Mn | 3.99 Mn |
| 8 | Transact Technologies | 53.07 Mn | 33.68 Mn | 7.00 Mn | 2.74 Mn |
| 9 | Table Trac | 26.93 Mn | 18.78 Mn | 2.96 Mn | - |
| 10 | J & Friends Holdings | 16.69 Mn | 20.30 Mn | - | - |
Historic Data
Download Data
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 |