Slide 1: Third Quarter FY2026 Results
Third Quarter FY2026 Results February 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 - Q3'2026
At-a-glance - Q3'2026 $312.3 $10.5 11% $25.3 (1) (2) (1)(4) million billion growth billion (1)(3) in ARPU to ~$660 Q3'26 revenue Q3'26 Gross Payment Q3'26 Gross Transaction Volume (“GPV”) Volume (“GTV”) 11% 19% ~97% 42% (5) (5) (6) (4)(6) growth growth recurring or reoccurring subscription and GPV a
Slide 4: Big picture
Big picture Gross profit margins improved to 43% with gross profit increasing 15% YoY (1) (2)(3) Added ~2,600 net Customer Locations in our growth engines of retail customers in North America and hospitality customers in Europe (1) Within the growth engines, total revenue grew 21% YoY (1) For the th
Slide 5: Quarterly and full-year results and outlook
Quarterly and full-year results and outlook Results Outlook (2) Q3'2026 Q4'2026 $312.3 million revenue Approximately $280 - 284 million revenue $133.6 million gross profit Approximately $125 - 127 million gross profit(1) $(33.6) million net loss (1) Approximately $15 million Adjusted EBITDA $20.2 mi
Slide 6: Customer spotlight - Q3'2026
Customer spotlight - Q3'2026 Lightspeed Retail Lightspeed Restaurant NuORDER by Lightspeed One of the largest western stores in the world, Located on the French Riviera, Hôtel Belles Balmain has joined Lightspeed’s Wholesale Irvine Tack & Western Wear came to Rives is an emblematic five-star palace
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 $10.5B $25.3B Q3'26 GPV Q3'26 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 ~$660 3.8% Retail ~$597 31.4% 11% • One-stop commerce platform for complex YoY Q3'25 retailers with embedded payments & Lightspeed NuORDER 64.8% • Growth focus primarily on North America • Market leader in Bike, Golf, Home & Garden
Slide 9: Focusing on disciplined growth
Focusing on disciplined growth Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Total Revenue (in $M) Net Loss $312.3 $280.1 (in $M) $(26.6) $(49.6) $(32.7) $(33.6) 11% YoY $(575.9)(1) Q3'25 Q3'26 21% CAGR Adjusted (2) $1,076.8 EBITDA (in $M) $909.3 $21.3 $20.2 $730.5 $16.6 $15.9 18% 24% YoY $12.9 YoY Fiscal 2023 Fisc
Slide 10: Appendix A
Appendix A
Slide 11: 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 12: Appendix B
Appendix B
Slide 13: 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 14: 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 Dec. 31, 2025 Sept. 30, 2025 Jun. 30, 2025 Mar. 31, 2025 Dec. 31, 2024 $ $ $ $ $ Net Loss (33,578) (32,700) (49,567) (575,943) (26,586)
Slide 15: 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 16: Appendix C
Appendix C
Slide 17: Appendix C - Financial outlook assumptions
Appendix C - Financial outlook assumptions When calculating the Adjusted EBITDA included in our financial outlook for the quarter ending March 31, 2026 and the full year ending March 31, 2026, we considered IFRS measures including revenues, direct cost of revenues, and operating expenses. Our financ
Slide 18: Contact us
Contact us investors.lightspeedhq.com investorrelations@lightspeedhq.com NYSE: LSPD | TSX: LSPD