Lightspeed Commerce (TSX:LSPD) Tax Rate %: 9.49% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:LSPD Lightspeed Commerce Inc TSX:LSPD
71 GF Score
Price C$13.97
GF Value C$28.58
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Lightspeed Commerce Tax Rate %?

Lightspeed Commerce TSX:LSPD +3.71% 71 Tax Rate % is 9.49% as of Mar. 2026. GuruFocus rates TSX:LSPD with a GF Score™ of 71/100 and a GF Value™ of C$28.58 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lightspeed Commerce's Tax Expense for the three months ended in Mar. 2026 was C$-4 Mil. Lightspeed Commerce's Pre-Tax Income for the three months ended in Mar. 2026 was C$-43 Mil. Therefore, Lightspeed Commerce's Tax Rate % for the quarter that ended in Mar. 2026 was 9.49%.

Lightspeed Commerce Tax Rate % Related Terms

Lightspeed Commerce Tax Rate % Historical Data

* Premium members only.

The historical data trend for Lightspeed Commerce's Tax Rate % 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 Tax Rate % Chart

Lightspeed Commerce Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 0.39 -2.17 -1.17 -0.25

Lightspeed Commerce Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 -0.75 -2.70 -4.01 -2.41 9.49
TSX:LSPD
71GF Score
Lightspeed Commerce Inc TSX:LSPD
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lightspeed Commerce Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lightspeed Commerce's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=0.495/-197.638
=-0.25 %

Lightspeed Commerce's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=-4.111/-43.304
=9.49 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 9.49% mean?
Lightspeed Commerce (TSX:LSPD) has a Tax Rate % of 9.49% as of Mar. 2026.
Is Lightspeed Commerce's Tax Rate % too high?
Lightspeed Commerce's current Tax Rate % is 9.49%. Overall, Lightspeed Commerce has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lightspeed Commerce's Tax Rate % compare to UBER and SHOP?
Lightspeed Commerce's Tax Rate % of 9.49% 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 Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Lightspeed Commerce's current Tax Rate % is 9.49%. 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$28.58, compared to a current price of C$13.97 — trading 51.1% below its estimated fair value. The current Tax Rate % is 9.49%. Lightspeed Commerce's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Lightspeed Commerce (TSX:LSPD), the current Tax Rate % is 9.49% 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$13.97 is trading 51.1% below its estimated GF Value™ of C$28.58. GuruFocus considers Lightspeed Commerce to be Significantly Undervalued.

Key valuation signals for TSX:LSPD:

  • Tax Rate %: 9.49%
  • GF Value™: C$28.58 vs. price of C$13.97 (51.1% below fair value)
  • GF Score™: 71/100 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.
71GF Score

Get the complete analysis for TSX:LSPD

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

C$13.97
Price
C$28.58
GF Value