Slide 1: First Quarter FY2026 Results
First Quarter FY2026 Results July 31, 2025
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 - Q1'2026
At-a-glance - Q1'2026 $304.9 $10.2 16% $24.6 (1) (2) (1)(4) million billion growth billion (1)(3) in ARPU to ~$655 Q1'26 revenue Q1'26 Gross Payment Q1'26 Gross Transaction Volume (“GPV”) Volume (“GTV”) 15% 21% ~97% 41% (5) (5) (4)(6) growth growth recurring or reoccurring subscription and GPV as a
Slide 4: Big picture
Big picture (1) Gross profit of $129.1 million grew 19% YoY (2)(3) Added ~1,700 Customer Locations in our growth engines (4) (5) ARPU of ~$655 grew 16% YoY (1) For the three months ended June 30, 2025 vs June 30, 2024. (2) As at June 30, 2025 vs as at March 31, 2025. (3) Key Performance Indicator. S
Slide 5: Quarterly and full-year results and outlook
Quarterly and full-year results and outlook Results Outlook (2) Q1'2026 Q2'2026 $304.9 million revenue Approximately $305 - 310 million revenue $129.1 million gross profit Approximately 14% gross profit growth (1) $(49.6) million net loss (1) Approximately $17 - 19 million Adjusted EBITDA $15.9 mill
Slide 6: Customer spotlight - Q1'2026
Customer spotlight - Q1'2026 Lightspeed Restaurant NuORDER by Lightspeed Lightspeed Golf Aan de Poel, two Michelin-starred restaurant in Tory Burch, iconic women’s fashion label and In Golf, we added Western Golf Properties with Amstelveen, Netherlands, is celebrated for its major player in the luxu
Slide 7: Payments opportunity and transaction volume
Payments opportunity and transaction volume (1) Gross Payment Volume (in $B) Gross Transaction Volume (in $B) Currently processed 52% CAGR through our $87.1 $90.7 $91.3 payments $33.9 solutions $24.2 $14.7 40% 65% YoY YoY $10.2B $24.6B Q1'26 GPV Q1'26 GTV Fiscal 2023 Fiscal 2024 Fiscal 2025 Fiscal 2
Slide 8: Expanding ARPU through growth engine focus
Expanding ARPU through growth engine focus ARPU Sales Mix Lightspeed ~$655 3.3% Retail ~$567 31.3% 16% • One-stop commerce platform for complex YoY Q1'25 retailers with embedded payments & Lightspeed NuORDER 65.4% • Growth focus primarily on North America • Market leader in Bike, Golf, Home & Garden
Slide 9: Focusing on disciplined growth
Focusing on disciplined growth Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Total Revenue (in $M) Net Loss $304.9 (in $M) $266.1 $(35.0) $(29.7) $(26.6) $(49.6) 15% YoY (1) $(575.9) Q1'25 Q1'26 21% CAGR Adjusted (2) $1,076.8 EBITDA $16.6 (in $M) $15.9 $909.3 $14.0 $12.9 $730.5 18% $10.2 24% YoY YoY Fiscal 2023 Fis
Slide 10: Appendix A
Appendix A
Slide 11: 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 12: Appendix B
Appendix B
Slide 13: 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 14: 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 Jun. 30, 2025 Mar. 31, 2025 Dec. 31, 2024 Sept. 30, 2024 Jun. 30, 2024 $ $ $ $ $ Net Loss (49,567) (575,943) (26,586) (29,655) (35,012)
Slide 15: 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 16: Appendix C
Appendix C
Slide 17: C - Financial outlook assumptions
Appendix C - Financial outlook assumptions When calculating the Adjusted EBITDA included in our financial outlook for the quarter ending September 30, 2025 and the full year ending March 31, 2026, we considered IFRS measures including revenues, direct cost of revenues, and operating expenses. Our fi
Slide 18: Contact us
Contact us investors.lightspeedhq.com investorrelations@lightspeedhq.com NYSE: LSPD | TSX: LSPD