Lightspeed POS Inc. Earnings Recaps
Q4 2026
May 22, 2026
Lightspeed’s stock declined 6.6% post-earnings due to likely investor disappointment with margin compression and a cautious outlook despite solid revenue and growth metrics.
Key takeaways
- Total revenue for Q4 was $291 million, up 15% year-over-year.
- Gross profit grew 15% year-over-year but gross margin settled at 43%, near the lower end of their target range.
- Adjusted EBITDA increased 17% to $15 million, showing progress but likely falling short of investor expectations.
- Customer locations grew 11% year-over-year with approximately 3,200 net new locations added in Q4.
- While product innovation and AI-driven features showed promise, market reaction suggests concerns over margin sustainability and the path forward.
Q3 2026
Feb 6, 2026
Lightspeed delivered a strong Q3 2026 performance with revenue of $312 million and adjusted EBITDA of $20.2 million, exceeding market expectations and demonstrating effective execution of its growth strategy.
Key takeaways
- Revenue grew 21% year-over-year in key growth sectors, retail in North America and hospitality in Europe, representing two-thirds of total revenue.
- Adjusted EBITDA increased by 22%, and the company achieved positive free cash flow of $15 million for the second consecutive quarter.
- Customer locations increased by 9% year-over-year, with approximately 2,600 net new locations added, supporting a targeted 10% to 15% CAGR over the next three years.
- The introduction of new AI-driven products and expanded services contributed to a 13% year-over-year growth in software revenue within core growth engines.
- Continued investment in outbound sales and product innovation indicates robust commitment to long-term growth while maintaining profitability.