Lightspeed Commerce Inc Financials
Lightspeed Commerce Inc (LSPD) reported $1.1B in revenue for fiscal year 2025, up 18.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth is increasingly outpacing cash burn, while FY2025's reported loss looks more accounting-driven than financing-driven.
FY2025 operating cash flow improved sharply to-$32.8M even though net loss widened to-$667.2M . With goodwill also falling by more than$550M versus FY2024, that divergence points to large non-cash charges rather than a similar drain of operating cash, which changes how the headline loss should be read.
FY2025 ended with
Capital intensity is low: FY2025 capital spending was only
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Lightspeed Commerce Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Lightspeed Commerce Inc, and counted as zero in the overall score.
Lightspeed Commerce Inc's revenue surged 18.4% year-over-year to $1.1B, reflecting rapid business expansion. This strong growth earns a score of 83/100.
Lightspeed Commerce Inc carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 5.36, Lightspeed Commerce Inc holds $5.36 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 91/100.
Lightspeed Commerce Inc's operations used $32.8M of cash, and capex of $3.8M added to the outflow, for a free cash flow shortfall of $36.5M. This results in a cash flow score of 17/100.
Not available for Lightspeed Commerce Inc, and counted as zero in the overall score.
Lightspeed Commerce Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Lightspeed Commerce Inc reported a net loss of $667.2M while operations used $32.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Lightspeed Commerce Inc generated $1.1B in revenue in fiscal year 2025. This represents an increase of 18.4% from the prior year.
Lightspeed Commerce Inc reported -$667.2M in net income in fiscal year 2025. This represents a decrease of 306.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Lightspeed Commerce Inc recorded an outflow of $36.5M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 65.3% from the prior year.
Lightspeed Commerce Inc held $558.5M in cash against $11.3M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Lightspeed Commerce Inc's net profit margin was -62.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 43.9 percentage points from the prior year.
Lightspeed Commerce Inc's ROE was -40.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 33.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Lightspeed Commerce Inc invested $3.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 49.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
LSPD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Revenue | $1.1B+18.4% | $909.3M+24.5% | $730.5M+33.2% | $548.4M+147.3% | $221.7M+83.8% | $120.6M |
| Interest Expense | $1.3M+7.8% | $1.2M+12.7% | $1.1M-10.7% | $1.2M+14.9% | $1.0M+23.0% | $852K |
| Income Tax | $7.7M+121.1% | $3.5M+182.4% | -$4.2M+84.3% | -$26.9M-364.8% | -$5.8M-86.2% | -$3.1M |
| Net Income | -$667.2M-306.9% | -$164.0M+84.7% | -$1.1B-271.0% | -$288.4M-132.1% | -$124.3M-132.2% | -$53.5M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
LSPD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Total Assets | $1.8B-29.1% | $2.6B-3.5% | $2.7B-26.3% | $3.6B+71.9% | $2.1B+340.0% | $478.4M |
| Current Assets | $798.0M-13.1% | $917.9M-1.8% | $934.3M-10.4% | $1.0B+21.6% | $857.7M+267.8% | $233.2M |
| Cash & Equivalents | $558.5M-22.7% | $722.1M-9.8% | $800.2M-16.1% | $953.7M+18.2% | $807.1M+282.6% | $211.0M |
| Inventory | $14.6M-11.4% | $16.5M+28.5% | $12.8M+70.3% | $7.5M+379.3% | $1.6M+68.8% | $932K |
| Accounts Receivable | $53.1M-14.8% | $62.3M+13.6% | $54.8M+19.8% | $45.8M+84.8% | $24.8M+127.7% | $10.9M |
| Goodwill | $798.0M-40.9% | $1.3B-0.1% | $1.4B-35.8% | $2.1B+116.5% | $971.9M+563.0% | $146.6M |
| Total Liabilities | $162.2M-0.3% | $162.8M-5.0% | $171.3M-22.4% | $220.7M+29.0% | $171.0M+27.4% | $134.3M |
| Current Liabilities | $149.0M+3.0% | $144.7M-3.8% | $150.5M-4.7% | $157.9M+39.2% | $113.4M+60.2% | $70.8M |
| Long-Term Debt | $11.3M-30.4% | $16.3M-12.4% | $18.6M-19.4% | $23.0M+12.1% | $20.6M+51.8% | $13.5M |
| Total Equity | $1.7B-31.0% | $2.4B-3.4% | $2.5B-26.5% | $3.4B+75.7% | $1.9B+462.1% | $344.1M |
| Retained Earnings | -$2.7B-24.4% | -$2.2B-8.2% | -$2.0B-115.5% | -$926.2M-45.2% | -$637.8M-24.2% | -$513.5M |
LSPD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$32.8M+66.5% | -$97.7M+22.0% | -$125.3M-43.6% | -$87.2M+6.3% | -$93.1M-226.0% | -$28.6M |
| Capital Expenditures | $3.8M-49.6% | $7.5M-18.7% | $9.2M-13.4% | $10.7M+493.8% | $1.8M-50.3% | $3.6M |
| Free Cash Flow | -$36.5M+65.3% | -$105.2M+21.8% | -$134.5M-37.4% | -$97.9M-3.2% | -$94.9M-195.0% | -$32.2M |
| Investing Cash Flow | $8.0M-69.0% | $25.9M+194.3% | $8.8M+101.6% | -$563.9M-139.9% | -$235.0M-95.4% | -$120.3M |
| Financing Cash Flow | -$138.7M-2127.4% | -$6.2M+82.4% | -$35.4M-104.4% | $798.1M-13.5% | $922.3M+500.7% | $153.5M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LSPD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Net Margin | -62.0%-43.9pp | -18.0% | -146.5% | -52.6%+3.4pp | -56.0%-11.7pp | -44.4% |
| Return on Equity | -40.1%-33.3pp | -6.8%+36.0pp | -42.8%-34.4pp | -8.5%-2.1pp | -6.4%+9.1pp | -15.6% |
| Return on Assets | -36.5%-30.2pp | -6.4%+33.7pp | -40.1%-32.1pp | -8.0%-2.1pp | -5.9%+5.3pp | -11.2% |
| Current Ratio | 5.36-1.0x | 6.34+0.1x | 6.21-0.4x | 6.60-1.0x | 7.56+4.3x | 3.29 |
| Debt-to-Equity | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.04 |
| FCF Margin | -3.4%+8.2pp | -11.6%+6.8pp | -18.4%-0.6pp | -17.8%+24.9pp | -42.8%-16.1pp | -26.7% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Where Lightspeed Commerce Inc Ranks
Frequently Asked Questions
What is Lightspeed Commerce Inc's annual revenue?
Lightspeed Commerce Inc (LSPD) reported $1.1B in total revenue for fiscal year 2025. This represents a 18.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lightspeed Commerce Inc's revenue growing?
Lightspeed Commerce Inc (LSPD) revenue grew by 18.4% year-over-year, from $909.3M to $1.1B in fiscal year 2025.
Is Lightspeed Commerce Inc profitable?
No, Lightspeed Commerce Inc (LSPD) reported a net income of -$667.2M in fiscal year 2025, with a net profit margin of -62.0%.
How much debt does Lightspeed Commerce Inc have?
As of fiscal year 2025, Lightspeed Commerce Inc (LSPD) had $558.5M in cash and equivalents against $11.3M in long-term debt.
What is Lightspeed Commerce Inc's net profit margin?
Lightspeed Commerce Inc (LSPD) had a net profit margin of -62.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Lightspeed Commerce Inc's return on equity (ROE)?
Lightspeed Commerce Inc (LSPD) has a return on equity of -40.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lightspeed Commerce Inc's free cash flow?
Lightspeed Commerce Inc (LSPD) recorded an outflow of $36.5M in free cash flow during fiscal year 2025. This represents a 65.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lightspeed Commerce Inc's operating cash flow?
Lightspeed Commerce Inc (LSPD) recorded an outflow of $32.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Lightspeed Commerce Inc's total assets?
Lightspeed Commerce Inc (LSPD) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lightspeed Commerce Inc's capital expenditures?
Lightspeed Commerce Inc (LSPD) invested $3.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Lightspeed Commerce Inc's current ratio?
Lightspeed Commerce Inc (LSPD) had a current ratio of 5.36 as of fiscal year 2025, which is generally considered healthy.
What is Lightspeed Commerce Inc's debt-to-equity ratio?
Lightspeed Commerce Inc (LSPD) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lightspeed Commerce Inc's return on assets (ROA)?
Lightspeed Commerce Inc (LSPD) had a return on assets of -36.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lightspeed Commerce Inc's cash runway?
Based on fiscal year 2025 data, Lightspeed Commerce Inc (LSPD) had $558.5M in cash against an annual operating cash burn of $32.8M. This gives an estimated cash runway of approximately 205 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Lightspeed Commerce Inc's Piotroski F-Score?
Lightspeed Commerce Inc (LSPD) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lightspeed Commerce Inc's earnings high quality?
Lightspeed Commerce Inc (LSPD) reported a net loss of $667.2M while operations used $32.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Lightspeed Commerce Inc?
Lightspeed Commerce Inc (LSPD) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.