Mike Stevens's questions to Lightspeed Commerce Inc (LSPD) leadership • Q4 2025
Question
Mike Stevens, on for Richard Tse, asked for an update on the NuORDER payments opportunity, including monetization efforts and any challenges. He also inquired about the near-term growth targets for the Lightspeed Capital business.
Answer
CFO Asha Bakshani stated that monetization of the $10 billion in B2B volume on NuORDER has begun, currently generating low-single-digit millions in revenue, with growth expected in fiscal 2026. For Lightspeed Capital, she indicated the fiscal 2026 plan includes approximately 30% or more top-line growth. While a larger opportunity exists, the company is being cautious in the current macro environment to maintain low default rates.