The earnings call highlighted a strong quarter with significant revenue growth, increasing payments penetration, and a record adjusted EBITDA. Positive cash flow and notable customer acquisitions were also emphasized. However, there are ongoing challenges with same-store sales in retail and slower payments penetration in Europe. Despite some churn in legacy products, the company's strategic focus on core markets is expected to drive future growth.

Company Guidance

In the Lightspeed Second Quarter 2025 earnings call, the company reported a strong performance with a 20% year-over-year revenue growth to $277.2 million, surpassing their outlook of $270 million to $275 million. Payments penetration increased to 37% from 25% the previous year, contributing to a record quarterly adjusted EBITDA of $14 million, which also exceeded the anticipated $12 million. Subscription revenue grew by 6% to $85.5 million, with gross margins rising to 79%. Transaction-based revenue saw a 33% increase, reaching $183.8 million, aided by a 49% year-over-year growth in Gross Payment Volume (GPV) to $8.8 billion. Additionally, Lightspeed Capital revenue more than doubled to $9.3 million. The company also reported a gross margin of 41%, maintaining consistency despite a shift toward transaction-based revenues. With a focus on North American retail and European hospitality, Lightspeed aims to sustain profitable growth, targeting a minimum adjusted EBITDA of $50 million and at least 20% overall revenue growth for fiscal 2025.

Strong Revenue Growth

Revenue grew 20% year-over-year to $277.2 million, exceeding the outlook of $270 million to $275 million.

Increased Payments Penetration

Payments penetration increased to 37% from 25% in the same quarter last year, contributing to higher profitability.

Record Quarterly Adjusted EBITDA

Adjusted EBITDA reached $14 million, surpassing the outlook of $12 million and significantly improving from breakeven last year.

Significant Customer Wins

New customers include Grow Generation, Barebones Workwear, and the Nashville Country Music Hall of Fame.

Innovation in Products

New features launched include retail Insights, automatic order distribution, and Instant Payouts for UK customers.

Positive Cash Flow

Lightspeed was cash flow positive, excluding cash used for the capital program, and had positive adjusted free cash flow.

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Lightspeed POS Inc (LSPD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LSPD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 30, 2019	2019 (Q4)	- / -2.21	-0.176	-1155.68% (-2.03)	―	―
Aug 07, 2019	2020 (Q1)	- / -0.11	-0.125	12.00% (+0.01)	―	―
Nov 07, 2019	2020 (Q2)	- / -0.12	-0.128	6.25% (<+0.01)	―	―
Feb 06, 2020	2020 (Q3)	- / -0.18	-0.79	77.22% (+0.61)	―	―
May 21, 2020	2020 (Q4)	- / -0.21	-2.21	90.50% (+2.00)	―	―
Aug 06, 2020	2021 (Q1)	- / -0.22	-0.11	-100.00% (-0.11)	―	―
Nov 05, 2020	2021 (Q2)	- / -0.20	-0.12	-66.67% (-0.08)	―	―
Feb 04, 2021	2021 (Q3)	- / -0.06	-0.18	66.67% (+0.12)	―	―
May 20, 2021	2021 (Q4)	-0.11 / -0.09	-0.21	57.14% (+0.12)	―	―
Aug 05, 2021	2022 (Q1)	-0.08 / -0.05	-0.22	77.27% (+0.17)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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LSPD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 07, 2024	$15.76	$16.95	+7.55%
Aug 01, 2024	$13.39	$13.17	-1.64%
May 16, 2024	$12.78	$15.10	+18.15%
Feb 08, 2024	$19.57	$14.80	-24.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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