SPS Commerce (SPSC)

Nasdaq Market Closed

SPS Commerce, Inc. provides cloud-based supply chain management technology for retailers, grocers, distributors, suppliers, and logistics companies. Its platform helps trading partners exchange order, shipment, inventory, invoice, and fulfilment data more efficiently, supporting the complex networks that sit behind modern retail. The company operates as a software-as-a-service business, with revenue generated mainly from subscription access to its supply chain management solutions.

The SPS Commerce platform is built around integration and retail performance analytics. It connects businesses that need to coordinate electronic data interchange, order management, item information, drop shipping, and other operational workflows across large trading partner communities. By standardising and automating these processes, the company helps customers improve visibility, reduce manual work, lower error rates, and respond more effectively to consumer demand across physical stores, e-commerce channels, and omnichannel fulfilment models.

SPS Commerce serves both large enterprises and smaller suppliers that may not have extensive internal technology resources. This network-oriented model is a key part of its value: as more retailers, brands, distributors, and logistics providers use the platform, customers can connect to established trading relationships rather than building bespoke integrations from scratch. Its analytics tools also help users monitor sales trends, inventory performance, and retail execution, which can support better replenishment and sell-through decisions.

The company reports through a single operating segment, Supply Chain Management Solutions. Its market position is tied to the continuing digitisation of retail supply chains, the growth of direct-to-consumer and marketplace fulfilment, and the need for reliable data exchange between trading partners in an increasingly fragmented commerce environment.

73.39 USD
+7.56 (+11.48%)

Last updated

Market Cap
$2,642,052,770
P/E
33.87
P/FCF
13.3
P/S
3.42
Enterprise Value
$2,468,885,770
Sector
Information Technology
Industry
Application Software
Address
333 SOUTH SEVENTH STREET, MINNEAPOLIS, MN, 55402

No recent news is linked to this listing.

Market Cap
$2,642,052,770
Enterprise Value
$2,468,885,770
P/E
33.87
P/B
2.82
P/S
3.42
EV / EBITDA
15.45
EV / Sales
3.2
EPS
2.17
Dividend Yield
0%
P/FCF
13.3
P/CF
11.58
Free Cash Flow
$198,696,000
ROE
8.31%
ROA
6.93%
Debt / Equity
0
Current Ratio
2.26
Quick Ratio
2.26
Cash
1.18
Avg Volume
$756,271
Fundamentals Snapshot Price
73.39

Income Statement

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Revenue 197.82M 192.12M 192.65M 189.9M 187.4M
Cost of revenue 59.03M 59.22M 56.96M 57.93M 59.83M
Gross profit 138.79M 132.9M 135.7M 131.97M 127.57M
Operating income 8.41M 24.56M 34.69M 31.19M 26.47M
EBITDA 23.94M 39.71M 50.05M 46.04M 40.97M
Net income 6.86M 19.73M 25.84M 25.57M 19.73M
Income taxes 3.55M 6.24M 10.14M 6.88M 7.51M
Other operating expenses 23.45M 0 0 0 0
Total operating expenses 130.37M 108.35M 101.01M 100.78M 101.1M
Basic EPS 0.19 0.53 0.68 0.67 0.52
Diluted EPS 0.19 0.53 0.69 0.67 0.52

Balance Sheet

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Total assets 1.13B 1.16B 1.17B 1.16B 1.12B
Total liabilities 186.95M 199.05M 195.97M 199.74M 171.32M
Total equity 938.48M 962.16M 973.89M 958.94M 949.78M
Cash & equivalents 173.17M 154.27M 151.36M 133.73M 107.6M
Current assets 330.4M 328.74M 335.3M 315.62M 269.38M
Current liabilities 146.26M 154.95M 154.35M 160.05M 147.97M
Accounts payable 9.48M 14.47M 13.76M 12.75M 11.6M
Receivables 63.69M 65.11M 68.17M 67.44M 67.51M
Goodwill 539.41M 540.84M 541.72M 543.04M 543.51M

Cash Flow

Line Item 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Operating cash flow 66.03M 55.63M 45.87M 60.61M 32.32M
Investing cash flow 170K -7.14M -7.65M -6.06M -7.66M
Financing cash flow -47.31M -45.86M -20.68M -28.43M -12.77M
Change in cash 18.9M 2.92M 17.63M 26.12M 12.68M
Net income 6.86M 19.73M 25.84M 25.57M 19.73M
Kind Filing Date Link
edgar index 8-K — SPS COMMERCE INC View Filing
edgar index 10-Q — SPS COMMERCE INC View Filing
eight k text 8-K — 8-K View Filing
edgar index 10-Q/A — SPS COMMERCE INC View Filing
edgar index 11-K — SPS COMMERCE INC View Filing
edgar index 144 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 8-K — SPS COMMERCE INC View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Ward Anne Sempowski View Filing
form 4 Form 4 — Chima Fumbi F. View Filing
form 4 Form 4 — SORAN PHILIP View Filing
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form 4 Form 4 — Reaume Marty M View Filing
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form 4 Form 4 — Gaurav Razat View Filing
edgar index 8-K — SPS COMMERCE INC View Filing
eight k text 8-K — 8-K View Filing
edgar index DEFA14A — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
form 4 Form 4 — THINGELSTAD JAMIE View Filing
form 4 Form 4 — THINGELSTAD JAMIE View Filing
edgar index 144 — SPS COMMERCE INC View Filing
form 4 Form 4 — Reaume Marty M View Filing
form 4 Form 4 — Reaume Marty M View Filing
form 4 Form 4 — Reaume Marty M View Filing
form 4 Form 4 — Del Preto Joseph View Filing
form 4 Form 4 — Del Preto Joseph View Filing
edgar index 8-K — SPS COMMERCE INC View Filing
edgar index 10-Q — SPS COMMERCE INC View Filing
edgar index SCHEDULE 13G — SPS COMMERCE INC View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G — SPS COMMERCE INC View Filing
edgar index 8-K — SPS COMMERCE INC View Filing
edgar index DEF 14A — SPS COMMERCE INC View Filing
edgar index DEFA14A — SPS COMMERCE INC View Filing
edgar index ARS — SPS COMMERCE INC View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 144 — SPS COMMERCE INC View Filing
form 4 Form 4 — Reaume Marty M View Filing
form 4 Form 4 — Reaume Marty M View Filing
form 4 Form 4 — Reaume Marty M View Filing
edgar index SCHEDULE 13G/A — SPS COMMERCE INC View Filing
edgar index 3 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
form 4 Form 4 — Reller Tami View Filing
form 4 Form 4 — Reller Tami View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 144 — SPS COMMERCE INC View Filing
form 4 Form 4 — Reaume Marty M View Filing
form 4 Form 4 — Reaume Marty M View Filing
form 4 Form 4 — Reaume Marty M View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 4 — SPS COMMERCE INC View Filing
edgar index 144 — SPS COMMERCE INC View Filing
form 4 Form 4 — THINGELSTAD JAMIE View Filing
form 4 Form 4 — THINGELSTAD JAMIE View Filing
edgar index 3 — SPS COMMERCE INC View Filing
edgar index 3 — SPS COMMERCE INC View Filing
edgar index 144 — SPS COMMERCE INC View Filing