Quick Answer
Lightspeed Commerce Inc. reported r&d expense of $120.33 million for fiscal year 2025 (IFRS, Form 20-F).
Reported under IFRS (SEC Form 20-F). Figures are shown in USD where the company provided them, otherwise in its reporting currency — each value exactly as filed with the SEC, not converted.
Lightspeed Commerce Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $120.33M | -7.0% |
| 2024 | $129.42M | -7.9% |
| 2023 | $140.44M | +15.9% |
| 2022 | $121.15M | +119.1% |
| 2021 | $55.30M | +68.9% |
| 2020 | $32.75M | — |
- Lightspeed Commerce Inc.’s r&d expense fell 7.0% year over year.
- The most recent figure is from Lightspeed Commerce Inc.’s fiscal year 2025 annual report (Form 20-F), filed May 22, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 19, 2026.
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