Lightspeed Q2 net loss narrows 87% to USD 4.23 million; revenue rises to USD 323.79 million
LSPD•Lightspeed Commerce’s FY27 second-quarter net loss narrowed 87% year over year to USD 4.23 million, while revenue rose to USD 323.79 million. FY27 revenue guidance remained USD 1.225 billion to USD 1.265 billion.
1. Quarterly results
Lightspeed Commerce reported a FY27 second-quarter net loss of USD 4.23 million, down 87% year over year, and revenue of USD 323.79 million. Year-over-year revenue comparability was affected by the Upserve divestiture.
2. Cash flow and plans
Operating cash flow turned negative at USD 7.54 million, primarily due to growth in outstanding merchant cash advances. Further reorganization and cost reductions began after the quarter as part of a planned three-year transformation; FY27 revenue guidance was unchanged at USD 1.225 billion to USD 1.265 billion.
