Description

Lightspeed: From AI Showrooms to AI Descriptions—A Product-Led Strategy to Win More Merchants!

Lightspeed Commerce Inc. delivered a robust performance in the fiscal second quarter of 2026, exceeding expectations across various financial metrics. The company reported strong financial outcomes, with revenues, gross profit, and adjusted EBITDA surpassing previously established outlooks. The company’s strategic focus on its primary growth markets, North America retail, and European hospitality seems to be yielding positive results. In terms of key positives, Lightspeed’s revenues grew by 15% year-over-year, driven by an increase in customer locations and software ARPU expansion. Transaction-based revenue saw a significant increase as well, with gross payments volume growing by 22%. The company also reported a rise in payments penetration to 46% from 41% in the previous year, indicating effective cross-selling and upselling strategies. A notable achievement was delivering positive adjusted free cash flow of $18 million, a substantial improvement from the prior year.