Lightspeed Commerce Inc. (LSPD) Balance Sheet
LSPD balance sheet, FY2026
March 31, 2026 · U.S. dollars$1.67B assets = $182.7M liabilities + $1.49B equity
Both columns are drawn to the same scale: what LSPD owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LSPD financial health
Descriptive bands, not a rating. Fiscal FY2026.
LSPD balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $55.5MFY2017 | $1.67BFY2026 | +46.0%/yr | |
| Total liabilities | $227.3MFY2017 | $182.7MFY2026 | −2.4%/yr | |
| Shareholders’ equity | −$171.8MFY2017 | $1.49BFY2026 | — | |
| Cash & short-term investments | $15.3MFY2017 | $456.9MFY2026 | +45.8%/yr | |
| Total debt | $170.7MFY2017 | $20.2MFY2026 | −21.1%/yr | |
| Net cash (debt) | −$155.4MFY2017 | $436.7MFY2026 | +$592.1M | |
| Working capital | −$2.5MFY2017 | $523.9MFY2026 | +$526.3M | |
| Book value per share | −$2.11FY2017 | $10.69FY2026 | — | |
| Current ratio | 0.90FY2017 | 4.16FY2026 | +3.26 | |
| Debt / equity | 0.24FY2019 | 0.01FY2026 | −0.22 | |
| Shares outstanding | 81.5MFY2017 | 139.2MFY2026 | +6.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LSPD assets
LSPD liabilities and equity
LSPD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LSPD balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $456.9M | $558.5M | $722.1M | $800.2M | $953.7M | $814.9M | $212.8M | $207.7M | $24.7M | $15.3M |
| Cash & equivalents | $456.9M | $558.5M | $722.1M | $800.2M | $953.7M | $814.9M | $212.8M | $207.7M | $24.7M | $15.3M |
| Receivables | $47.8M | $70.0M | $74.6M | $64.2M | $44.0M | $27.0M | $11.2M | $8.4M | $4.1M | $4.3M |
| Inventory | $15.9M | $14.6M | $16.5M | $12.8M | $7.5M | $1.6M | $932,000 | $269,000 | $238,000 | $266,000 |
| Other current assets | $168.9M | $155.0M | $104.7M | $57.2M | $37.3M | $10.2M | $4.3M | $5.2M | $4.8M | $1.8M |
| Total current assets | $689.5M | $798.0M | $917.9M | $934.3M | $1.04B | $853.7M | $229.3M | $221.6M | $33.8M | $21.8M |
| Property, plant & equipment (net) | $33.8M | $29.8M | $37.6M | $40.5M | $42.0M | $29.5M | $23.9M | $5.4M | $4.7M | $5.0M |
| Goodwill & intangible assets | $881.5M | $957.5M | $1.58B | $1.66B | $2.51B | $1.21B | $209.4M | $25.2M | $24.5M | $27.9M |
| Long-term investments | $0 | $0 | $0 | $1.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $65.8M | $40.9M | $43.4M | $30.3M | $21.6M | $15.7M | $15.8M | $3.7M | $990,000 | $791,000 |
| Total assets | $1.67B | $1.83B | $2.58B | $2.67B | $3.62B | $2.11B | $478.4M | $255.8M | $64.0M | $55.5M |
| Liabilities | ||||||||||
| Accounts payable | $39.1M | $34.1M | $33.5M | $37.0M | $39.2M | $22.1M | $12.3M | $7.7M | $3.4M | $3.4M |
| Short-term debt | $5.3M | $5.7M | $6.9M | $6.6M | $7.6M | $5.1M | $3.3M | $32.3M | $580,000 | $600,000 |
| Deferred revenue | $78.7M | $68.7M | $67.3M | $68.1M | $65.2M | $43.1M | $36.6M | $32.3M | $25.2M | $16.2M |
| Total current liabilities | $165.7M | $149.0M | $144.7M | $150.5M | $157.9M | $113.4M | $70.8M | $48.6M | $34.3M | $24.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $29.8M | $29.8M | $29.7M | $0 | $0 | $0 |
| Lease obligations | $20.2M | $17.0M | $23.2M | $25.2M | $30.7M | $25.7M | $16.8M | — | — | — |
| Other long-term liabilities | $17.0M | $13.3M | $18.1M | $20.8M | $33.0M | $27.9M | $33.8M | $10.5M | $295.3M | $203.1M |
| Total liabilities | $182.7M | $162.2M | $162.8M | $171.3M | $220.7M | $171.0M | $134.3M | $59.1M | $329.6M | $227.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.93B | $4.16B | $4.36B | $4.30B | $4.20B | $2.53B | $852.1M | $652.3M | $14.3M | $12.9M |
| Retained earnings (deficit) | −$2.66B | −$2.69B | −$2.16B | −$2.00B | −$926.2M | −$637.8M | −$513.5M | −$459.9M | −$282.7M | −$186.5M |
| Accumulated other comprehensive income | $1.9M | −$7.5M | −$4.0M | −$3.1M | $2.7M | $9.7M | −$6.3M | −$5.4M | −$4.0M | −$2.9M |
| Total shareholders' equity | $1.49B | $1.66B | $2.41B | $2.50B | $3.40B | $1.93B | $344.1M | $196.7M | −$265.6M | −$171.8M |
| Key figures | ||||||||||
| Total debt | $20.2M | $17.0M | $23.2M | $25.2M | $60.5M | $55.4M | $46.5M | $46.5M | $250.9M | $170.7M |
| Net cash (debt) | $436.7M | $541.5M | $698.9M | $775.0M | $893.1M | $759.5M | $166.3M | $161.2M | −$226.2M | −$155.4M |
| Working capital | $523.9M | $649.0M | $773.2M | $783.9M | $884.6M | $740.3M | $158.5M | $173.0M | −$495,000 | −$2.5M |
| Tangible book value | $606.5M | $706.5M | $836.1M | $835.4M | $885.4M | $727.9M | $134.7M | $171.5M | −$290.1M | −$199.7M |
| Book value per share | $10.69 | $10.83 | $15.69 | $16.60 | $24.01 | $18.38 | $4.01 | $5.92 | −$3.26 | −$2.11 |
| Shares outstanding | 139.2M | 153.7M | 153.8M | 150.4M | 141.6M | 105.2M | 85.9M | 33.2M | 81.5M | 81.5M |
| Current ratio | 4.16 | 5.36 | 6.34 | 6.21 | 6.60 | 7.53 | 3.24 | 4.56 | 0.99 | 0.90 |
| Quick ratio | 3.05 | 4.22 | 5.51 | 5.74 | 6.32 | 7.42 | 3.16 | 4.44 | 0.84 | 0.81 |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.14 | 0.24 | — | — |
| Equity / assets | 89.1% | 91.1% | 93.7% | 93.6% | 93.9% | 91.9% | 71.9% | 76.9% | −414.8% | −309.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $373.2M | $456.9M | $479.0M | $463.6M | $447.6M | $558.5M | $661.6M | $659.0M | $673.9M | $722.1M | $746.8M | $759.0M |
| Cash & equivalents | $373.2M | $456.9M | $479.0M | $463.6M | $447.6M | $558.5M | $661.6M | $659.0M | $673.9M | $722.1M | $746.8M | $759.0M |
| Receivables | $71.9M | $47.8M | $145.8M | $151.6M | $72.0M | $70.0M | $60.5M | $65.0M | $60.4M | $74.6M | $112.7M | $100.0M |
| Inventory | $17.2M | $15.9M | $12.1M | $12.0M | $14.9M | $14.6M | $15.9M | $19.3M | $18.3M | $16.5M | $18.5M | $18.0M |
| Other current assets | $165.6M | $168.9M | $68.3M | $47.0M | $153.3M | $155.0M | $140.4M | $137.3M | $120.9M | $104.7M | $28.6M | $23.9M |
| Total current assets | $627.9M | $689.5M | $705.2M | $674.2M | $687.8M | $798.0M | $878.3M | $880.6M | $873.5M | $917.9M | $906.6M | $900.9M |
| Property, plant & equipment (net) | $33.8M | $33.8M | $17.0M | $31.0M | $28.8M | $29.8M | $32.0M | $34.2M | $36.9M | $37.6M | $37.0M | $37.1M |
| Goodwill & intangible assets | $852.3M | $881.5M | $899.2M | $918.7M | $940.7M | $957.5M | $1.53B | $1.55B | $1.56B | $1.58B | $1.59B | $1.61B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.5M | $1.5M |
| Other non-current assets | $73.3M | $65.8M | $54.2M | $56.2M | $39.3M | $40.9M | $41.7M | $40.3M | $41.5M | $43.4M | $55.1M | $51.4M |
| Total assets | $1.59B | $1.67B | $1.68B | $1.68B | $1.70B | $1.83B | $2.48B | $2.51B | $2.51B | $2.58B | $2.59B | $2.60B |
| Liabilities | ||||||||||||
| Accounts payable | $44.5M | $39.1M | $42.7M | $34.5M | $34.2M | $34.1M | $33.8M | $39.0M | $29.2M | $33.5M | $39.0M | $42.2M |
| Short-term debt | $5.3M | $5.3M | $5.4M | $5.7M | $5.4M | $5.7M | $6.2M | $6.9M | $7.1M | $6.9M | $6.8M | $6.7M |
| Deferred revenue | $78.8M | $78.7M | $68.9M | $70.6M | $69.5M | $68.7M | $59.9M | $63.2M | $67.2M | $67.3M | $62.8M | $62.7M |
| Total current liabilities | $182.3M | $165.7M | $156.0M | $148.8M | $149.6M | $149.0M | $144.1M | $144.9M | $141.0M | $144.7M | $148.1M | $142.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $19.9M | $20.2M | $20.2M | $17.5M | $16.3M | $17.0M | $19.2M | $22.0M | $23.3M | $23.2M | $23.5M | $23.7M |
| Other long-term liabilities | $16.9M | $17.0M | $17.4M | $13.9M | $12.9M | $13.3M | $15.2M | $17.3M | $17.8M | $18.1M | $19.4M | $19.3M |
| Total liabilities | $199.2M | $182.7M | $173.4M | $162.5M | $162.5M | $162.2M | $159.3M | $162.3M | $158.8M | $162.8M | $167.5M | $161.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3.66B | $3.93B | $3.91B | $3.89B | $3.88B | $4.16B | $4.35B | $4.31B | $4.30B | $4.36B | $4.33B | $4.32B |
| Retained earnings (deficit) | −$2.48B | −$2.66B | −$2.62B | −$2.58B | −$2.55B | −$2.69B | −$2.22B | −$2.19B | −$2.16B | −$2.16B | −$2.12B | −$2.08B |
| Accumulated other comprehensive income | −$36,955 | $1.9M | $3.8M | $2.9M | $3.1M | −$7.5M | −$11.5M | $874,000 | −$4.3M | −$4.0M | −$335,275 | −$6.6M |
| Total shareholders' equity | $1.39B | $1.49B | $1.50B | $1.52B | $1.53B | $1.66B | $2.32B | $2.34B | $2.35B | $2.41B | $2.42B | $2.44B |
| Key figures | ||||||||||||
| Total debt | $19.9M | $20.2M | $20.2M | $17.5M | $16.3M | $17.0M | $19.2M | $22.0M | $23.3M | $23.2M | $23.3M | $23.5M |
| Net cash (debt) | $353.3M | $436.7M | $458.8M | $446.2M | $431.3M | $541.5M | $642.4M | $637.1M | $650.7M | $698.9M | $723.4M | $735.4M |
| Working capital | $445.6M | $523.9M | $549.2M | $525.5M | $538.2M | $649.0M | $734.2M | $735.7M | $732.5M | $773.2M | $758.5M | $758.3M |
| Tangible book value | $535.8M | $606.5M | $603.0M | $598.9M | $593.4M | $706.5M | $792.8M | $792.8M | $793.1M | $836.1M | $832.6M | $829.0M |
| Book value per share | $10.04 | $10.67 | $10.84 | $11.02 | $10.89 | $10.94 | $15.03 | $15.26 | $15.19 | $15.58 | $15.72 | $15.88 |
| Shares outstanding | 138.2M | 139.5M | 138.6M | 137.7M | 140.8M | 152.1M | 154.3M | 153.6M | 154.7M | 154.9M | 154.2M | 153.5M |
| Current ratio | 3.44 | 4.16 | 4.52 | 4.53 | 4.60 | 5.36 | 6.10 | 6.08 | 6.19 | 6.34 | 6.12 | 6.32 |
| Quick ratio | 2.44 | 3.05 | 4.00 | 4.14 | 3.47 | 4.22 | 5.01 | 5.00 | 5.21 | 5.51 | 5.80 | 6.03 |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Equity / assets | 87.5% | 89.1% | 89.7% | 90.3% | 90.4% | 91.1% | 93.6% | 93.5% | 93.7% | 93.7% | 93.5% | 93.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 21, 2026); data from EODHD.
LSPD financial position
At the end of fiscal 2026 (March 31, 2026), Lightspeed Commerce had total assets of $1.7 billion (down 8.5% from a year earlier), total liabilities of $182.7 million and shareholders' equity of $1.5 billion. It held $456.9 million in cash and short-term investments against $20.2 million of debt, a net cash position of $436.7 million. Its current ratio was 4.16. In the latest quarter (ended June 30, 2026) total assets were $1.6 billion and equity $1.4 billion.
Related: LSPD income statement, LSPD cash flow statement, LSPD key metrics. See the LSPD stock overview for the latest quote and news.
LSPD balance sheet FAQ
What are Lightspeed Commerce's total assets?
Lightspeed Commerce reported total assets of $1.7 billion at the end of fiscal 2026 (March 31, 2026), compared with $1.8 billion a year earlier.
How much debt does Lightspeed Commerce have?
Lightspeed Commerce had $20.2 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.
How much cash does Lightspeed Commerce have?
Lightspeed Commerce held $456.9 million in cash and short-term investments at the end of fiscal 2026; with $20.2 million of debt that is net cash of $436.7 million.
What is Lightspeed Commerce's book value?
Lightspeed Commerce's shareholders' equity (book value) was $1.5 billion at the end of fiscal 2026, or $10.69 per share.
What is Lightspeed Commerce's current ratio?
Lightspeed Commerce had current assets of $689.5 million and current liabilities of $165.7 million, a current ratio of 4.16 (it can cover its short-term obligations).
How much goodwill does Lightspeed Commerce have?
Lightspeed Commerce carried $881.5 million of goodwill and intangible assets, 52.8% of total assets, at the end of fiscal 2026.