Lightspeed vs Shopify
Side-by-side comparison of AI visibility scores, market position, and capabilities
Cloud POS and commerce platform with $900M revenue for specialty retail and restaurants; 130K locations with advanced inventory and table management competing with Toast and Shopify POS.
About
Lightspeed Commerce is a cloud-based point-of-sale and commerce platform serving restaurants, retail stores, and golf clubs with POS, payments, inventory management, and ecommerce capabilities integrated in a single platform. Listed on NYSE and TSX, Lightspeed generates approximately $900 million in annual revenue serving over 130,000 customer locations globally — particularly strong in complex retail (fashion, sporting goods, specialty) and full-service restaurants where its advanced features (table management, course firing, complex variant inventory) differentiate from simpler POS solutions.
NYSE: SHOP e-commerce platform at $8.88B FY2024 revenue with $292.28B GMV across 4.82M stores; Black Friday $11.5B processing competing with WooCommerce and BigCommerce for small-to-enterprise direct-to-consumer commerce.
About
Shopify Inc. is an Ottawa, Canada-based e-commerce platform — listed on NYSE (NYSE: SHOP) — providing 4.82+ million active merchant stores of all sizes (from solo entrepreneurs to enterprise brands) with tools for online store creation, multi-channel selling (web, mobile, social, in-person), payment processing (Shopify Payments, Shop Pay), inventory management, fulfillment, and marketing analytics, generating $8.88 billion in revenue in fiscal year 2024 (+26% year-over-year) with $292.28 billion in gross merchandise volume (GMV, +24%) and 875+ million customers who have purchased from Shopify merchant stores. Founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake (started as a snowboard equipment store, pivoted to become the platform), Shopify has become the operating system for independent commerce — the default e-commerce infrastructure for the direct-to-consumer brand economy.
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