Lightspeed Commerce Named One of Canada's Enterprise--Industry Leaders Winners in Deloitte's Technology Fast 50™ Program

Rhea-AI Summary

Lightspeed (NYSE: LSPD) was named an Enterprise—Industry Leaders winner in Deloitte's 2025 Technology Fast 50 on October 23, 2025. The company recorded a 318% revenue growth over the prior four years, qualifying under the category's revenue thresholds (minimum $10M in 2021 and $50M in 2024) and ranking 6th overall. This marks Lightspeed's fourth consecutive year receiving recognition from the program for revenue growth. The award highlights sustained growth and innovation across Lightspeed's omnichannel POS and payments platform serving retail, golf and hospitality businesses in over 100 countries.

Positive

• Revenue growth of 318% over four years
• 4th consecutive year recognized by Deloitte Fast 50

Negative

• None.

Lightspeed celebrates the fourth consecutive year of recognition for outstanding revenue growth

MONTREAL, Oct. 23, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail, golf and hospitality businesses in over 100 countries, today announced that it was honoured as an Enterprise—Industry Leaders award winner as part of Deloitte's 2025 Technology Fast 50^TM program. This is the fourth year in a row that Lightspeed has been recognized by the program for its outstanding revenue growth.

The award recognizes the fastest-growing enterprise-level technology, media, and telecommunications companies by revenue growth percentage over their last four years of operation. This category is open to companies that recorded a minimum revenue of $10 million in 2021 and $50 million in 2024. For this year's award, Lightspeed was recognized with a growth percentage of 318%, ranking 6th overall in demonstrating outstanding growth and innovation within the technology industry.

"This recognition from Deloitte underscores Lightspeed's commitment to driving innovation for the independent businesses that form the backbone of our communities," said Dax Dasilva, Founder and Chief Executive Officer of Lightspeed. "Sustained growth at this level is only possible because of our customers' trust, our team's relentless focus on product excellence, and our vision to redefine commerce on a global scale."

"The Enterprise—Industry Leaders exemplify the enduring strength and proven success of Canada's business landscape," said Amanda Perran, National Technology Fast 50 program co-leader at Deloitte Canada. "With a longstanding track record of achievement and resilience, they continue to set the standard for excellence, driving sustainable growth and inspiring progress across Canadian technology enterprises."

"These distinguished companies have consistently demonstrated leadership and innovation at the highest level within their industries," added Brendan Cooper, National Technology Fast 50 program co-leader at Deloitte Canada. "Their sustained commitment to excellence and their ability to adapt in an evolving market are driving meaningful change, both within their organizations and across Canada's technology sector. Their achievements serve as inspiring examples of how established Canadian businesses are shaping a successful and dynamic future."

About the Deloitte Technology Fast 50 program

The Technology Fast 50 program is Canada's pre-eminent technology awards program. It recognizes business growth, innovation, and entrepreneurship in three distinct categories: Technology Fast 50, Enterprise—Industry Leaders, and Companies-to-Watch. The program also recognizes thriving technology companies in the United States and Canada in partnership with the North American Technology Fast 500^TM program. Program sponsors for 2025 include RBCx, Osler, EDC, CCI, TMX, Lafond and The Globe and Mail. For more information, visit www.fast50.ca.

About Lightspeed

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations.

With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights, and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD), with teams across North America, Europe, and Asia Pacific.

Follow us on LinkedIn, Facebook, Instagram, YouTube, and X.

Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lightspeed-commerce-named-one-of-canadas-enterpriseindustry-leaders-winners-in-deloittes-technology-fast-50-program-302591895.html

SOURCE Lightspeed Commerce Inc.

FAQ

What did Lightspeed (LSPD) announce on October 23, 2025 regarding Deloitte's Technology Fast 50?

Lightspeed announced it was an Enterprise—Industry Leaders winner in Deloitte's 2025 Technology Fast 50, ranking 6th with 318% revenue growth over four years.

What growth metric qualified Lightspeed (LSPD) for Deloitte's 2025 Enterprise—Industry Leaders category?

Lightspeed reported 318% revenue growth over the prior four years and met the category's thresholds of at least $10M in 2021 and $50M in 2024.

How many consecutive years has Lightspeed (LSPD) been recognized by Deloitte's Fast 50?

Lightspeed has been recognized for four consecutive years by Deloitte's Technology Fast 50 program.

What ranking did Lightspeed (LSPD) achieve in Deloitte's 2025 Technology Fast 50 Enterprise—Industry Leaders list?

Lightspeed ranked 6th overall in the 2025 Enterprise—Industry Leaders category.

Which business segments does Lightspeed (LSPD) serve as noted in the October 23, 2025 announcement?

Lightspeed serves retail, golf and hospitality businesses with its omnichannel POS and payments platform in over 100 countries.

Does the Deloitte Fast 50 award imply a change in Lightspeed's financial guidance or forecasts for LSPD?

No—this announcement reports past revenue growth and recognition; it does not state any change to Lightspeed's financial guidance or forecasts.