Lightspeed Commerce Inc · TSX:LSPD
Lightspeed Commerce — Q2 2027 Earnings Presentation
19 slides from Lightspeed Commerce's earnings presentation, Nov 5, 2026
Slide 1: Second Quarter FY2027 Results
Second Quarter FY2027 Results November 5, 2026
Slide 2: Disclaimer
Disclaimer General All references in this presentation to the “Company”, “Lightspeed”, “us” or “we” are to Lightspeed Commerce Inc. All references in this presentation to dollars, “$” or “US$” are to United States dollars, and all references to Canadian dollars and “C$” are to Canadian dollars. Caut
Slide 3: At-a-glance - Q2'2027
At-a-glance - Q2'2027 (2) $323.8 $11.6 $25.8 12% (1) (1)(4) organic (9) growth million billion in ARPU to billion Q2'27 revenue Q2'27 Gross Payment ~$688 or flat (1)(3) (2) Q2'27 Gross Transaction Volume (“GPV”) Volume (“GTV”) as reported (5) ~96% 45% (5) 15% 19% (6) (4)(6) (8) organic growth organi
Slide 4: Big picture
Big picture (1)(2) Achieved record high GPV as a % of GTV rate of 45% (1)(2)(3) (4) (5) Total GTV of $25.8 billion up 8% YoY on an organic basis driven by a (4)(6) YoY increase of 14% within our growth engines Repurchased and cancelled 8.2 million shares year-to-date for a total consideration of $77
Slide 5: Quarterly and full-year results and outlook
Quarterly and full-year results and outlook Results Outlook (2) Q2'2027 Q3'2027 $323.8 million revenue $310 - $320 million revenue, representing 11% - 15% (3) $142.8 million gross profit organic revenue growth $(4.2) million net loss $141 - $146 million gross profit, representing 11% - (1) $22.7 mil
Slide 6: Upserve Divestiture Impact
Upserve Divestiture Impact For Fiscal 2027, Lightspeed's outlook includes organic revenue growth and organic gross profit growth, each of which excludes the revenue and gross profit contribution from Upserve for the period from April 28, 2025 to March 31, 2026. The table below outlines this impact f
Slide 7: Customer spotlight - Q2'2027
Customer spotlight - Q2'2027 Lightspeed Golf Lightspeed Restaurant Lightspeed Retail Poppy Hills Golf Course is a premier, Northern The Indie Group owns and operates bars and The Great Canadian Dollar Store, which focuses California Golf Association-owned restaurants across Paris, Saint-Tropez, on p
Slide 8: Expanding ARPU through growth engine focus
Expanding ARPU through growth engine focus ARPU Sales Mix 3.1% Lightspeed ~$688 ~$685 Retail (1) 29.3% 12% organic growth or flat • One-stop commerce platform for complex YoY as reported Q2'26 retailers with embedded payments & wholesale • Growth focus primarily on North America 67.6% • Market leade
Slide 9: Payments opportunity and transaction volume
Payments opportunity and transaction volume (1) Currently Gross Payment Volume (in $B) Gross Transaction Volume (in $B) processed through our 30% CAGR payments solutions $41.0 $33.9 $98.1 $90.7 $91.3 $24.2 21% YoY 40% YoY $11.6B $25.8B Fiscal 2024 Fiscal 2025 Fiscal 2026 Fiscal 2024 Fiscal 2025 Fisc
Slide 10: Focusing on disciplined growth
Focusing on disciplined growth Q2’26 Q3’26 Q4’26 Q1’27 Q2’27 Total Revenue (in $M) $323.8 Net Loss $319.0 (in $M) $(2.4) 15% (1) $(4.2) organic growth or 2% as reported YoY $(28.6) $(32.7) $(33.6) Q2'26 Q2'27 16% CAGR Adjusted (2) $1,227.0 EBITDA $1,076.8 (in $M) $22.7 $21.3 $20.2 $909.3 $17.5 14% $
Slide 11: Appendix A
Appendix A
Slide 12: Appendix A - Industry Metrics
Appendix A - Industry Metrics We monitor the following key performance indicators to help us evaluate our business, measure our performance, identify trends affecting our business, formulate business plans and make strategic decisions. These key performance indicators are also used to provide invest
Slide 13: Appendix B
Appendix B
Slide 14: Appendix B - Non-IFRS Measures
Appendix B - Non-IFRS Measures The information presented within this presentation includes certain non-IFRS financial measures such as “Adjusted EBITDA”. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be c
Slide 15: Appendix B - Non-IFRS Measures
Appendix B - Non-IFRS Measures The following table reconciles net loss to Adjusted EBITDA for the periods indicated: (In thousands of US dollars) Three months ended Sept. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sept. 30, 2025 $ $ $ $ $ Net loss (4,233) (2,421) (28,567) (33,578) (32,700) S
Slide 16: Appendix B - Non-IFRS Measures
Appendix B - Non-IFRS Measures (1) These expenses represent non-cash expenditures recognized in connection with issued stock options and other awards under our equity incentive plans to our employees and directors, and cash related payroll taxes given that they are directly attributable to share-bas
Slide 17: Appendix C
Appendix C
Slide 18: Appendix C - Financial Outlook Assumptions
Appendix C - Financial Outlook Assumptions When calculating the Adjusted EBITDA included in our financial outlook for the quarter ending December 31, 2026 and full year ending March 31, 2027, we considered IFRS measures including revenues, direct cost of revenues, and operating expenses. Our financi
Slide 19: Contact us
Contact us investors.lightspeedhq.com investorrelations@lightspeedhq.com NYSE: LSPD | TSX: LSPD