Earnings ·
Lightspeed Commerce Inc. reported first quarter fiscal 2027 results ending June 30, 2026, with total revenue of $322.7…
LSPDLightspeed Commerce Inc.
Lightspeed Commerce Inc. reported first quarter fiscal 2027 results ending June 30, 2026, with total revenue of $322.7 million, representing 17% organic growth year-over-year and exceeding outlook. Gross profit reached $138.6 million (12% organic growth), while the company reported a net loss of ($2.4) million compared to ($49.6) million in the prior year period. Adjusted EBITDA increased to $17.5 million from $15.9 million, and adjusted free cash flow used was $4.4 million. The divestiture of Upserve on April 28, 2026, impacted comparability. Gross Transaction Volume (GTV) grew 9% organically to $25.7 billion, with Gross Payment Volume (GPV) rising 20% to $11.3 billion. The company repurchased approximately seven million shares for roughly $86 million during the quarter and appointed Bhawna Singh as Chief Technology Officer in May. Lightspeed operates a unified omnichannel point-of-sale and payments platform powering retail, golf, and hospitality businesses globally.