Lightspeed Commerce (NYSE:LSPD) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Lightspeed Commerce (NYSE:LSPD) issued its quarterly earnings data on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01), Briefing.com reports. The firm had revenue of $290.80 million during the quarter, compared to the consensus estimate of $282.87 million. Lightspeed Commerce had a positive return on equity of 0.37% and a negative net margin of 58.15%.The firm’s revenue for the quarter 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

Shares of LSPD opened at $8.37 on Friday. Lightspeed Commerce has a 1 year low of $7.83 and a 1 year high of $14.34. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 4.44. The stock’s fifty day moving average price is $9.07 and its two-hundred day moving average price is $10.37. The firm has a market cap of $1.15 billion, a PE ratio of -1.81, a PEG ratio of 1.97 and a beta of 1.92.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on LSPD shares. Barclays cut their target price on Lightspeed Commerce from $12.00 to $11.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. BTIG Research dropped their price target on Lightspeed Commerce from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday. Truist Financial cut their price objective on Lightspeed Commerce from $13.00 to $11.00 and set a “hold” rating on the stock in a research report on Wednesday, February 11th. Royal Bank Of Canada decreased their target price on Lightspeed Commerce from $15.00 to $13.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Lightspeed Commerce in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $12.82.

Key Lightspeed Commerce News

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

• Neutral Sentiment: Lightspeed reported fourth-quarter revenue of $290.8 million, up about 15% year over year, and gross profit of $129.1 million, showing continued top-line growth across retail and hospitality. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Neutral Sentiment: The company also highlighted improved cash generation, including positive operating cash flow for the fiscal year and adjusted free cash flow, which may help support the balance sheet and buyback plans. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Neutral Sentiment: Lightspeed’s board renewed its normal course issuer bid, authorizing repurchases of up to about 10% of the public float, which can be supportive for the stock if the company continues generating cash. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Negative Sentiment: Adjusted earnings missed Wall Street estimates, with reported EPS coming in below expectations, and the company still posted a net loss, reinforcing concerns that profitability remains weak. Lightspeed Commerce Inc. (LSPD) Lags Q4 Earnings Estimates
• Negative Sentiment: Forward revenue guidance for fiscal 2027 was mixed versus consensus, with the outlook not strong enough to offset the earnings miss, which likely weighed on sentiment. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Negative Sentiment: BTIG also cut its price target on Lightspeed Commerce (LSPD) from $15 to $12, signaling a more cautious stance despite maintaining a buy rating. Benzinga

Institutional Investors Weigh In On Lightspeed Commerce

Several large investors have recently added to or reduced their stakes in the company. Artisan Partners Limited Partnership lifted its stake in Lightspeed Commerce by 17.5% in the 4th quarter. Artisan Partners Limited Partnership now owns 3,900,930 shares of the company’s stock worth $47,066,000 after purchasing an additional 581,900 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Lightspeed Commerce by 151.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company’s stock worth $18,803,000 after purchasing an additional 1,295,469 shares during the period. Bank of America Corp DE increased its holdings in shares of Lightspeed Commerce by 5.2% in the third quarter. Bank of America Corp DE now owns 1,971,125 shares of the company’s stock worth $22,766,000 after purchasing an additional 97,183 shares during the period. Ameriprise Financial Inc. raised its position in shares of Lightspeed Commerce by 0.5% in the third quarter. Ameriprise Financial Inc. now owns 1,948,620 shares of the company’s stock worth $22,507,000 after buying an additional 9,503 shares in the last quarter. Finally, Bank of Montreal Can raised its position in shares of Lightspeed Commerce by 3.9% in the third quarter. Bank of Montreal Can now owns 1,839,750 shares of the company’s stock worth $21,239,000 after buying an additional 69,018 shares in the last quarter. Hedge funds and other institutional investors own 68.68% of the company’s stock.

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.