Lightspeed Commerce (NYSE:LSPD) Issues Earnings Results

Lightspeed Commerce (NYSE:LSPD) announced its earnings results on Thursday. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01), Briefing.com reports. The company had revenue of $290.80 million for the quarter, compared to analysts’ expectations of $282.87 million. Lightspeed Commerce had a negative net margin of 58.15% and a positive return on equity of 0.37%. The company’s revenue was up 14.8% on a year-over-year basis.

Here are the key takeaways from Lightspeed Commerce’s conference call:

• Lightspeed delivered a solid Q4 with revenue of $291 million and gross profit of $129 million, both up 15% year over year and above its outlook. Adjusted EBITDA rose 17% to $15 million.
• Customer location growth accelerated for the fourth straight quarter, with about 3,200 net new locations added in Q4 and total locations reaching 150,000. Management said the growth engines are now about 75% of revenue and should move toward 80% in fiscal 2027.
• Profitability and cash flow improved meaningfully, highlighted by $18.2 million of adjusted free cash flow for fiscal 2026 and gross margin expansion to 43% for the year. Management also said AI and automation are already helping reduce support and service costs.
• Product momentum remains strong, especially around AI and wholesale, with launches such as AI menu imports, AI OCR for product data entry, AI-driven brand recommendations, and a Faire integration for NuORDER. Adoption of newer tools was also highlighted, including Lightspeed Pulse, Reservations, and Restaurant AI.
• Fiscal 2027 guidance calls for continued growth, with total revenue expected at $1.225 billion-$1.265 billion and adjusted EBITDA at $75 million-$95 million. The company also said the Upserve divestiture makes the business more focused, while leaving its core growth-engine targets intact.

Lightspeed Commerce Stock Performance

NYSE:LSPD traded up $0.24 during mid-day trading on Friday, hitting $8.61. 114,256 shares of the company traded hands, compared to its average volume of 945,306. The company has a quick ratio of 4.44, a current ratio of 4.52 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is $9.07 and its 200-day moving average price is $10.37. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -1.86, a price-to-earnings-growth ratio of 1.97 and a beta of 1.92. Lightspeed Commerce has a one year low of $7.83 and a one year high of $14.34.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its position in shares of Lightspeed Commerce by 151.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company’s stock valued at $18,803,000 after purchasing an additional 1,295,469 shares during the period. Geode Capital Management LLC boosted its holdings in Lightspeed Commerce by 8.1% in the 2nd quarter. Geode Capital Management LLC now owns 78,301 shares of the company’s stock worth $922,000 after buying an additional 5,834 shares during the period. Russell Investments Group Ltd. increased its stake in Lightspeed Commerce by 106.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 10,386 shares of the company’s stock worth $122,000 after buying an additional 5,354 shares in the last quarter. Norges Bank purchased a new stake in Lightspeed Commerce in the 2nd quarter worth $743,000. Finally, Invesco Ltd. raised its holdings in Lightspeed Commerce by 2.9% during the second quarter. Invesco Ltd. now owns 29,567 shares of the company’s stock valued at $346,000 after acquiring an additional 835 shares during the period. 68.68% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on LSPD shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lightspeed Commerce in a research report on Tuesday, April 21st. Bank of America started coverage on Lightspeed Commerce in a research note on Tuesday. They set an “underperform” rating and a $10.00 price target for the company. Barclays reduced their price target on shares of Lightspeed Commerce from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Truist Financial lowered their price objective on shares of Lightspeed Commerce from $13.00 to $11.00 and set a “hold” rating on the stock in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada cut their target price on shares of Lightspeed Commerce from $15.00 to $13.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $12.82.

Key Headlines Impacting Lightspeed Commerce

Here are the key news stories impacting Lightspeed Commerce this week:

• Positive Sentiment: Revenue rose 14.8% year over year to $290.8 million, topping Wall Street estimates and showing continued growth across the business. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Positive Sentiment: The company also highlighted stronger gross profit, improved cash generation, and added about 3,200 net customer locations, which supports the long-term growth story. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Neutral Sentiment: Lightspeed’s board authorized a renewal of its share repurchase program, which can provide some support to the stock but does not change the near-term operating outlook. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Negative Sentiment: Adjusted earnings missed expectations, with EPS of $0.08 versus the $0.09 consensus, reinforcing concerns that profitability is still lagging revenue growth. Lightspeed Commerce shares decline after quarterly earnings miss despite revenue growth (LSPD)
• Negative Sentiment: The company’s forward guidance for fiscal 2027 revenue was roughly in line to slightly below expectations, which likely disappointed investors looking for a stronger outlook. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Negative Sentiment: Analysts and market coverage also noted the stock decline after the report, with a BTIG price target cut from $15 to $12, adding to pressure on sentiment. Benzinga

About Lightspeed Commerce

Lightspeed Commerce Inc is a Canadian technology company that develops cloud-based point-of-sale (POS) and e-commerce software for small and medium-sized businesses across the retail and hospitality sectors. Its integrated platform enables merchants to manage sales, inventory, customer relationships and analytics through a single interface. By combining in-store and online channels, Lightspeed helps businesses streamline operations and improve customer engagement in an increasingly omnichannel marketplace.

The company’s product suite includes POS terminals, payment processing services, inventory management tools, customer loyalty programs and data reporting dashboards.