The following is a summary of the Lightspeed Commerce Inc. (LSPD) Q2 2025 Earnings Call Transcript:
Financial Performance:
Lightspeed reported Q2 2025 revenue of $277.2 million, a 20% increase year-over-year, surpassing the outlook of $270-275 million.
Adjusted EBITDA recorded was $14 million, ahead of expectations and a significant improvement compared to breakeven adjusted EBITDA in the same quarter last year.
Subscription revenue grew by 6% year-over-year to $85.5 million with gross margins on subscription revenue improving to 79%.Transaction-based revenue grew by 33% to $183.8 million, supported by a 49% increase in GPV to $8.8 billion year-over-year.
Business Progress:
Lightspeed is focusing on accelerating software revenue growth, advancing adoption of financial services, and finding additional operational efficiencies to achieve the goal of profitable growth.
They are focusing their efforts on North America retail and European hospitality, markets where they have the right to win, strongest competitive position, best customer unit economics, and highest close rates.
Plan to expand the outbound sales team and implement select price increases to boost software revenue growth.
Opportunities:
Lightspeed sees significant opportunity in further penetration and expansion within the North American retail and European hospitality sectors due to their strong competitive positioning and proven market fit in these areas.
Risks:
No explicit risks detected in the provided content.
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
