Lightspeed Commerce Inc. announced its financial results for the three months ended June 30, 2025, reporting total revenue of $304.9 million, which grew 15% year-over-year and exceeded the company's outlook. Gross margin improved to 42%, with gross profit increasing 19% year-over-year, also exceeding outlook.
The company added approximately 1,700 net Customer Locations across its core growth engines of North American retail and European hospitality. Gross Payments Volume (GPV) grew 21% year-over-year, with payments penetration reaching 41% of Gross Transaction Volume (GTV).
Adjusted EBITDA for the quarter was $16 million, a 55% increase year-over-year. Lightspeed reaffirmed its full fiscal year 2026 guidance, expecting total revenue growth of 10% to 12% and Adjusted EBITDA between $68 million and $72 million.
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