Lightspeed POS Inc. Earnings Recaps
Q3 2026
Feb 5, 2026
Lightspeed Commerce Inc. reported strong Q3 2026 results, with revenue surpassing $312 million and adjusted EBITDA increasing 22% year-over-year, reflecting robust growth in its primary sectors.
Key takeaways
- Achieved a 21% year-over-year revenue growth in retail (North America) and hospitality (Europe), now representing two-thirds of total revenue.
- Added approximately 2,600 net new customer locations, marking the fastest growth rate since the company’s transformation began.
- Software revenue grew 6% overall, with a notable 13% rise in growth engines, underpinned by innovative product launches like Lightspeed AI and Marketplace.
- Delivered positive free cash flow for the second consecutive quarter, amounting to $15 million, contributing to an adjusted EBITDA of $20.2 million.
- Continued strengthening of ARPU through enhanced software solutions, aimed at complex, multi-location merchants.