Lightspeed says Q1 FY2027 revenue rises 6% on higher payments adoption, flagship product sales
LSPD•
LSPD•Operating loss narrowed to USD 5.5 million from USD 42.1 million, helped by sharply lower intangible amortization and higher gross profit.
Cash fell to USD 372.1 million from USD 453.9 million, reflecting USD 65.1 million of NCIB repurchases. The sale of Upserve produced a USD 2.1 million gain.
Lightspeed posted total revenue of USD 322.7 million for the three months ended June 30, 2026, up 5.8%, driven by higher payments adoption.
Transaction-based revenue rose 4.9% to USD 214.5 million on 11% GPV growth to USD 11.3 billion; the Upserve divestiture weighed on reported comparisons.
Subscription revenue increased 5% to USD 95.4 million, led by flagship product sales in North America retail and Europe hospitality.