Lightspeed Commerce (TSX:LSPD) Goodwill: C$1,105 Mil (As of Mar. 2026)


TSX:LSPD Lightspeed Commerce Inc TSX:LSPD
74 GF Score
Price C$14.57
GF Value C$28.40
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lightspeed Commerce Goodwill?

Lightspeed Commerce TSX:LSPD +0.97% 74 Goodwill is C$1,105 Mil as of Mar. 2026. GuruFocus rates TSX:LSPD with a GF Score™ of 74/100 and a GF Value™ of C$28.40 (Significantly Undervalued). The stock has 1 warning sign investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Lightspeed Commerce's goodwill for the quarter that ended in Mar. 2026 was C$1,105 Mil.


Lightspeed Commerce  (TSX:LSPD) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Lightspeed Commerce's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (A: Mar. 2026 )=Goodwill/Total Assets
=1104.53/2284.685
=0.48

Lightspeed Commerce's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=1104.53/2284.685
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Lightspeed Commerce Goodwill Related Terms


Lightspeed Commerce Goodwill Historical Data

* Premium members only.

The historical data trend for Lightspeed Commerce's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lightspeed Commerce Goodwill Chart

Lightspeed Commerce Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,664.13 1,848.09 1,826.32 1,145.55 1,104.53

Lightspeed Commerce Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,145.55 1,100.71 1,114.88 1,112.06 1,104.53
TSX:LSPD
74GF Score
Lightspeed Commerce Inc TSX:LSPD
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Lightspeed Commerce Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of C$1,105 Mil mean?
Lightspeed Commerce (TSX:LSPD) has a Goodwill of C$1,105 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Lightspeed Commerce and its competitors.
Is Lightspeed Commerce's Goodwill too high?
Lightspeed Commerce's current Goodwill is C$1,105 Mil. Overall, Lightspeed Commerce has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lightspeed Commerce's Goodwill compare to UBER and SHOP?
Lightspeed Commerce's Goodwill of C$1,105 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Software company?
A good Goodwill depends on the Software industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Lightspeed Commerce and its competitors. Lightspeed Commerce's current Goodwill is C$1,105 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightspeed Commerce stock overvalued right now?
Based on GuruFocus' analysis, Lightspeed Commerce (TSX:LSPD) is currently considered Significantly Undervalued. The stock's GF Value™ is C$28.40, compared to a current price of C$14.57 — trading 48.7% below its estimated fair value. The current Goodwill is C$1,105 Mil. Lightspeed Commerce's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Lightspeed Commerce (TSX:LSPD), the current Goodwill is C$1,105 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lightspeed Commerce (TSX:LSPD) Overvalued in 2026?

Based on GuruFocus' analysis, Lightspeed Commerce stock appears to be undervalued. The current stock price of C$14.57 is trading 48.7% below its estimated GF Value™ of C$28.40. GuruFocus considers Lightspeed Commerce to be Significantly Undervalued.

Key valuation signals for TSX:LSPD:

  • Goodwill: C$1,105 Mil
  • GF Value™: C$28.40 vs. price of C$14.57 (48.7% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the TSX:LSPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lightspeed Commerce Business Description

Other Exchanges LSPD:USA3L50:Germany
Address 700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6
Lightspeed Commerce Inc is a one-stop commerce platform providing its customers with the critical functionalities needed to engage with consumers, manage their operations, order their inventory, accept payments, and run their business. It has customers globally in over 100 countries, empowering single- and multi-location small and medium-sized businesses to compete in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels. Its products are divided into retail, restaurant, and golf categories. Geographically, it operates in Canada, the United States, the United Kingdom, Switzerland, Germany, and Others with the majority of revenue deriving from Canada.
74GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$14.57
Price
C$28.40
GF Value