SPS Commerce, Inc.

SPS Commerce, Inc.

SPSC
SPS Commerce, Inc.US flagNASDAQ Global Select
83.00
USD
-1.21
- -
2.99BMarket Cap
SPS Commerce, Inc.
SPSC
(NASDAQ Global Select)

Recent

price

83.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.77
2.42
2.95
3.43
3.94
4.78
5.7
6.4
7.22
7.97
8.87
10.72
12.48
14.65
17.1
19.84
20.67
Revenue per Share
0.18
0.57
0.05
0.03
0.08
0.14
0.15
0.01
0.69
0.96
1.29
1.24
1.53
1.8
2.07
2.46
2.09
Basic EPS, GAAP
0.2
0.08
0.03
0.41
0.28
0.17
0.32
0.69
1.2
1.66
2.05
2.6
2.22
3.07
3.68
4.02
5.32
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.84
2.45
4.55
5.99
6.27
6.64
7.3
8.41
9.19
10.18
11.86
13.45
14.85
18.13
22.69
25.96
25.93
Book Value per Share
1.77
1.97
3.01
4.67
4.63
5.18
5.26
6.42
6.53
7.32
6.36
7.83
6.95
8.45
7.28
5.77
6.26
Tangible Book Value per Share
16
24
26
30
32
33
34
34
34
35
35
36
36
37
37
38
37
Basic Weighted Avg Shares
45
58
77
104
128
159
193
220
248
279
313
385
451
537
638
752
772
Sales/Revenue/Turnover
6.81
1.96
2.04
1.7
3.43
4.43
3.31
4.54
10.77
13.76
16.04
14.3
15.79
14.39
13.94
15.74
15.83
Operating Margin (%)
2
3
5
8
9
10
11
12
13
16
19
25
28
35
42
58
61
Depreciation Expense
3
14
1
1
3
5
5
- -
24
34
46
45
55
66
77
93
78
Net Income, GAAP
3.09
- -
9.01
39.49
34.24
34.43
35.7
96.72
15.77
19.87
13.47
16.7
22.7
23.07
22.54
24.63
25.57
Effective Tax Rate (%)
6.47
23.64
1.58
1.01
2.11
2.93
2.57
0.16
9.62
12.08
14.58
11.58
12.23
12.26
12.08
12.42
10.1
Profit Margin (%)
43
37
77
137
138
143
154
180
193
224
191
250
212
271
235
181
184
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
20
20
16
13
10
8
3
5
LT Debt
44
60
135
193
205
222
249
288
319
355
421
484
537
667
855
974
938
Total Equity
-41.6
- -
1.48
0.66
1.45
2.16
1.75
0.12
7.44
8.86
10.64
9.77
10.46
9.67
8.93
9.71
9.62
Return on Invested Capital (%)
-41.79
- -
1.28
0.64
1.36
2.17
2.11
0.13
7.86
9.66
11.09
9.41
10.41
10.65
9.95
10.1
8.19
Return on Capital (%)
- -
26.59
1.26
0.64
1.36
2.17
2.11
0.13
7.86
10.01
11.76
9.86
10.8
10.93
10.12
10.21
8.26
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
3
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
37
36
Market Capitalization
3,344
2,057
2,069

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
335
329
330
Cash, Cash Equivalents & STI
151
154
173
Accounts Receivable, Net
68
65
64
Inventories
- -
- -
- -
Total Current Liabilities
154
155
146
Payables & Accruals
27
30
24
ST Debt
4
2
2
Deferred Revenue
76
80
81

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.06%
18.46%
13.95%
Free Cash Flow
43.78%
17.72%
10.86%
Net Income, GAAP
677.07%
15.81%
21.13%
Sales/Revenue/Turnover
16.9%
19.19%
17.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
150
154
164
171
638
2025
182
187
190
193
752
2026
192
198
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.49
0.49
0.63
0.47
2.07
2025
0.58
0.52
0.67
0.69
2.46
2026
0.53
0.19
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
SPS Commerce, Inc. SPS Commerce, Inc. (NASDAQ:SPSC) provides cloud-based supply chain management software and retail network services that enable retailers, suppliers, grocers, distributors, logistics providers and third-party sellers to automate the exchange of data on products, inventory, orders, shipments, payments, sales and analytics. The company offers core solutions including SPS Fulfillment for EDI compliance and order management; SPS Assortment for product information sharing; SPS Analytics for sales and inventory insights; SPS Community for vendor onboarding and compliance; and specialized tools for 3PL efficiency, grocery automation, distributor replenishment, invoice reconciliation and vendor scorecarding; it serves over 50,000 subscribing customers worldwide through a full-service approach that integrates with ERP systems and supports omnichannel retail across physical and digital channels. Founded in 1987 as St. Paul Software and renamed SPS Commerce in 2001, SPS Commerce is headquartered in Minneapolis, Minnesota, with key operations in the United States, Europe (Breukelen, Netherlands), Asia (Beijing, China), Australia (Melbourne) and Canada (Toronto). Recent developments include the 2024 acquisitions of Traverse Systems for $25 million to enhance invoice deduction management, SupplyPike for $206 million to bolster supplier compliance and analytics, and the 2025 acquisition of Carbon6 Technologies for $210 million to expand revenue recovery tools for Amazon sellers; the company also executed share repurchases totaling over $20 million in 2025 and projects 19-20% revenue growth for the year with ongoing strategic investments in network expansion and M&A.

Company News

  • SPS Commerce to Present at Citi's 2026 Global TMT Conference

  • SPS Commerce, Inc. (NASDAQ:SPSC) Receives Average Rating of “Hold” from Brokerages

  • American Capital Management Inc. Makes New $4.23 Million Investment in SPS Commerce, Inc. $SPSC

  • Why SPS Commerce Stock Was a Winner on Wednesday

  • Walgreens, US Foods, Petco and More Recognized in the Inaugural Class of Top Supply Chain Leaders by SPS Commerce

  • Walgreens, US Foods, Petco and More Recognized in the Inaugural Class of Top Supply Chain Leaders by SPS Commerce

  • Assenagon Asset Management S.A. Has $1.42 Million Stock Position in SPS Commerce, Inc. $SPSC

  • AI Strategy Enhances SPS Commerce's Appeal And Potential Network Value

  • Why SPS Commerce Stock Crushed it on Friday

  • Arrowstreet Capital Limited Partnership Has $19.74 Million Position in SPS Commerce, Inc. $SPSC

  • SPS Commerce, Inc. (SPSC) Q2 2026 Earnings Call Transcript

  • SPS Commerce (SPSC) Q2 Earnings and Revenues Beat Estimates

  • SPS Commerce Reports Strong Second Quarter 2026 Financial Results

  • American Capital Management Inc. Sells 220,710 Shares of SPS Commerce, Inc. $SPSC

  • SPS Commerce Announces Date of Second Quarter 2026 Financial Results

  • SPS Commerce Announces Agreement to Sell 3P Revenue Recovery Business

  • SPS Commerce (SPSC) Soars 5.7%: Is Further Upside Left in the Stock?

  • SPS Commerce explores sale amid activist pressure, sources say

  • SPS Commerce: High Quality, Fair Valuation, And A Growth Inflection Ahead

  • SPS Commerce: Amazon Weakness Has Created A Buying Opportunity