Lightspeed Commerce (LSPD) Tax Rate (2024)
Lightspeed Commerce (LSPD) reported Tax Rate of -302.83% for the quarter ended Jun 30, 2026, down 300.12 percentage points from -2.70% a year earlier and down 312.32 percentage points from the prior quarter.
Lightspeed Commerce (LSPD) Tax Rate (2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lightspeed Commerce's Tax Rate came in at -0.91%, up 0.26 percentage points year-over-year; for the year ended Mar 31, 2026, it came in at -0.25%, up 0.91 percentage points from the prior year.
- Tax Rate has a five-year change of -4.70 percentage points (years ended Mar 2021 to Mar 2026).
- By year, Tax Rate came in at -1.17% in the year ended Mar 31, 2025 (-275.95 pp), 274.78% in the year ended Mar 31, 2024 (+274.39 pp), 0.39% in the year ended Mar 31, 2023 (-8.14 pp) and 8.54% in the year ended Mar 31, 2022 (+4.08 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Tax Rate in data going back to the quarter ended Mar 31, 2020.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of -41.87 percentage points.
- The high point for year-over-year Tax Rate in five years was the quarter ended Mar 31, 2024 (a gain of 42.34 percentage points); the low point was the quarter ended Jun 30, 2026 (a drop of 300.12 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 9.49% (quarter ended Mar 31, 2026), -2.41% (quarter ended Dec 31, 2025) and -4.01% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.09 Bn | 17.34 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 22.22 Bn | 18.99 Bn | 392.58 Mn | 7.42% |
| 4 | Toast | 17.58 Bn | 10.25 Bn | 516.00 Mn | 4.94% |
| 5 | Ptc | 15.23 Bn | 14.05 Bn | 490.47 Mn | 22.08% |
| 6 | Trimble | 13.37 Bn | 12.44 Bn | 674.90 Mn | - |
| 7 | Duolingo | 13.34 Bn | 8.51 Bn | 216.74 Mn | 26.91% |
| 8 | Manhattan Associates | 11.67 Bn | 10.66 Bn | 168.33 Mn | 25.09% |
| 9 | Costar | 10.92 Bn | 4.88 Bn | 728.00 Mn | 25.68% |
| 10 | Lightspeed Commerce | 1.34 Bn | -422.91 Mn | 138.56 Mn | - |
Lightspeed Commerce Tax Rate 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=tax-rate&ticker=LSPD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LSPD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();