Lightspeed says Q1 FY2027 revenue rises 6% on higher payments adoption, flagship product sales
Reuters2026/07/30 11:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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; Upserve divestiture weighed on reported comparisons.
- Subscription revenue increased 5% to USD 95.4 million, led by flagship product sales in North America retail, Europe hospitality.
- 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; sale of Upserve produced a USD 2.1 million gain.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lightspeed Commerce Inc. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.
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