07:42 AM EST, 11/06/2025 (MT Newswires) -- Lightspeed Commerce ( LSPD ) , a unified omnichannel platform powering retail and hospitality businesses, was at last look up 1.7% in US premarket as it announced Thursday earnings and revenues beat for the second quarter, and said due to "outperformance" in the first half of Fiscal 2026, is raising its full year revenue, gross profit and Adjusted EBITDA outlook.
For Q3, LSPD had net loss of US$32.7 million, or ($0.24) per share, as compared to a net loss of ($29.7) million, or ($0.19) per share. After adjusting for certain items, such as share-based compensation, the company delivered Adjusted Incomea of $22.2 million, or $0.16 per share, as compared to Adjusted Income of $19.9 million, or $0.13 per share. It beat a consensus FactSet EPS forecast of $0.12.
LSPD had total revenue of US$319.0 million, an increase of 15% year-over-year from $277.182 million. It beat a consensus FactSet forecast of $308.3 million.
Lightspeed said its financial outlook remains consistent with the company's three-year target gross profit CAGR of approximately 15-18% and three-year target Adjusted EBITDA CAGR of approximately 35% presented at the Capital Markets Day in March. In addition, Lightspeed expects to generate break even or better Free Cash Flow in Fiscal 2026.
The company's outlook is as follows: for third quarter 2026, revenue of approximately $309 million to $312 million; Gross profit growth of at least 15% year-over-year; and Adjusted EBITDA of approximately $18 million to $20 million.
For Fiscal 2026, revenue growth of at least 12% year-over-year; Gross profit growth of at least 15% year-over year; and Adjusted EBITDA of at least $70 million.