sps commerce inc - SPSC
SPSC
Close Chg Chg %
91.91 0.01 0.01%
Closed Market
91.92
+0.01 (0.01%)
Volume: 259.29K
Last Updated:
Dec 26, 2025, 4:00 PM EDT
Company Overview: sps commerce inc - SPSC
SPSC Key Data
| Open $91.86 | Day Range 91.15 - 92.30 |
| 52 Week Range 73.05 - 197.59 | Market Cap $3.47B |
| Shares Outstanding 37.71M | Public Float 37.06M |
| Beta 0.59 | Rev. Per Employee N/A |
| P/E Ratio 41.16 | EPS $2.25 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 582.61K |
SPSC Performance
| 1 Week | 1.49% | ||
| 1 Month | 10.32% | ||
| 3 Months | -13.54% | ||
| 1 Year | -50.46% | ||
| 5 Years | -15.35% |
SPSC Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
14
Full Ratings ➔
About sps commerce inc - SPSC
SPS Commerce, Inc. engages in the provision of cloud-based supply chain management services. The firm serves retailers, suppliers, grocers, distributors and logistics firms to orchestrate the management of item data, order fulfillment, inventory control and sales analytics across all channels. Its SPS Commerce cloud services platform offers Trading Partner Community, Fulfillment, Assortment, Analytics, Sourcing, and Other Trading Partner Solutions. The company was founded by Gary W. Anderson and Roger Anderson on January 28, 1987 and is headquartered in Minneapolis, MN.
SPSC At a Glance
SPS Commerce, Inc.
333 South 7th Street
Minneapolis, Minnesota 55402
| Phone | 1-612-435-9400 | Revenue | 637.77M | |
| Industry | Packaged Software | Net Income | 77.05M | |
| Sector | Technology Services | 2024 Sales Growth | 18.784% | |
| Fiscal Year-end | 12 / 2025 | Employees | 2,783 | |
| View SEC Filings |
SPSC Valuation
| P/E Current | 41.16 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 90.395 |
| Price to Sales Ratio | 10.921 |
| Price to Book Ratio | 8.107 |
| Price to Cash Flow Ratio | 44.25 |
| Enterprise Value to EBITDA | 51.38 |
| Enterprise Value to Sales | 10.563 |
| Total Debt to Enterprise Value | 0.002 |
SPSC Efficiency
| Revenue/Employee | 229,164.571 |
| Income Per Employee | 27,687.388 |
| Receivables Turnover | 12.256 |
| Total Asset Turnover | 0.688 |
SPSC Liquidity
| Current Ratio | 2.158 |
| Quick Ratio | 2.158 |
| Cash Ratio | 1.643 |
SPSC Profitability
| Gross Margin | 63.274 |
| Operating Margin | 13.937 |
| Pretax Margin | 15.598 |
| Net Margin | 12.082 |
| Return on Assets | 8.307 |
| Return on Equity | 10.124 |
| Return on Total Capital | 8.886 |
| Return on Invested Capital | 10.009 |
SPSC Capital Structure
| Total Debt to Total Equity | 1.459 |
| Total Debt to Total Capital | 1.438 |
| Total Debt to Total Assets | 1.209 |
| Long-Term Debt to Equity | 0.923 |
| Long-Term Debt to Total Capital | 0.909 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Sps Commerce Inc - SPSC
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 385.28M | 450.88M | 536.91M | 637.76M | |
Sales Growth
| +23.24% | +17.03% | +19.08% | +18.78% | |
Cost of Goods Sold (COGS) incl D&A
| 141.80M | 164.83M | 198.19M | 234.22M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 24.91M | 28.19M | 34.75M | 42.23M | |
Depreciation
| 14.79M | 16.42M | 18.63M | 18.72M | |
Amortization of Intangibles
| 10.13M | 11.77M | 16.12M | 23.51M | |
COGS Growth
| +34.57% | +16.24% | +20.23% | +18.18% | |
Gross Income
| 243.47M | 286.04M | 338.73M | 403.54M | |
Gross Income Growth
| +17.47% | +17.48% | +18.42% | +19.14% | |
Gross Profit Margin
| +63.19% | +63.44% | +63.09% | +63.27% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 188.39M | 214.86M | 261.48M | 314.66M | |
Research & Development
| 39.04M | 45.75M | 53.65M | 62.81M | |
Other SG&A
| 149.35M | 169.11M | 207.82M | 251.85M | |
SGA Growth
| +19.92% | +14.05% | +21.70% | +20.34% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| - | - | - | - | - |
EBIT after Unusual Expense
| 55.09M | 71.18M | 77.25M | 88.88M | |
Non Operating Income/Expense
| (1.54M) | 142.00K | 8.31M | 10.59M | |
Non-Operating Interest Income
| 278.00K | 1.67M | 7.66M | 10.58M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| - | - | - | - | - |
Interest Expense Growth
| - | - | - | - | - |
Gross Interest Expense
| - | - | - | - | - |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 53.54M | 71.32M | 85.56M | 99.48M | |
Pretax Income Growth
| +1.63% | +33.21% | +19.96% | +16.26% | |
Pretax Margin
| +13.90% | +15.82% | +15.94% | +15.60% | |
Income Tax
| 8.94M | 16.19M | 19.74M | 22.42M | |
Income Tax - Current - Domestic
| 3.45M | 18.03M | 24.39M | 27.14M | |
Income Tax - Current - Foreign
| 1.61M | 1.99M | 2.10M | 3.16M | |
Income Tax - Deferred - Domestic
| 4.21M | (3.28M) | (5.82M) | (6.72M) | |
Income Tax - Deferred - Foreign
| (321.00K) | (549.00K) | (938.00K) | (1.15M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 44.60M | 55.13M | 65.82M | 77.05M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 44.60M | 55.13M | 65.82M | 77.05M | |
Net Income Growth
| -2.17% | +23.63% | +19.39% | +17.06% | |
Net Margin Growth
| +11.58% | +12.23% | +12.26% | +12.08% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 44.60M | 55.13M | 65.82M | 77.05M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 44.60M | 55.13M | 65.82M | 77.05M | |
EPS (Basic)
| 1.2413 | 1.5265 | 1.7962 | 2.0655 | |
EPS (Basic) Growth
| -4.08% | +22.98% | +17.67% | +14.99% | |
Basic Shares Outstanding
| 35.93M | 36.12M | 36.65M | 37.31M | |
EPS (Diluted)
| 1.2066 | 1.492 | 1.7565 | 2.0354 | |
EPS (Diluted) Growth
| -3.96% | +23.65% | +17.73% | +15.88% | |
Diluted Shares Outstanding
| 36.96M | 36.95M | 37.48M | 37.86M | |
EBITDA
| 80.00M | 99.37M | 112.00M | 131.11M | |
EBITDA Growth
| +16.24% | +24.22% | +12.70% | +17.07% | |
EBITDA Margin
| +20.76% | +22.04% | +20.86% | +20.56% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 98.00 | |
| Number of Ratings | 14 | Current Quarters Estimate | 1.008 | |
| FY Report Date | 12 / 2025 | Current Year's Estimate | 4.13 | |
| Last Quarter’s Earnings | 1.13 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 3.48 | Next Fiscal Year Estimate | 4.53 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 11 | 11 | 12 | 12 |
| Mean Estimate | 1.01 | 1.08 | 4.13 | 4.53 |
| High Estimates | 1.06 | 1.17 | 4.18 | 4.98 |
| Low Estimate | 0.98 | 1.02 | 4.10 | 4.24 |
| Coefficient of Variance | 2.03 | 4.06 | 0.48 | 4.03 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 5 | 5 | 8 |
| OVERWEIGHT | 2 | 2 | 1 |
| HOLD | 7 | 7 | 5 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Sps Commerce Inc - SPSC
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Sps Commerce Inc - SPSC
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Nov 21, 2025 | Philip E. Soran Director | 25,894 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $51.8 per share | 1,341,309.20 |
| Nov 21, 2025 | Philip E. Soran Director | 22,177 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $79.89 per share | 1,771,720.53 |
| Nov 21, 2025 | Philip E. Soran Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 3, 2025 | Kimberly K. Nelson EVP & CFO | 154,596 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $136.29 per share | 21,069,888.84 |
| Mar 3, 2025 | Kimberly K. Nelson EVP & CFO | 154,101 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $137.03 per share | 21,116,460.03 |
| Mar 3, 2025 | Kimberly K. Nelson EVP & CFO | 153,006 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $138.33 per share | 21,165,319.98 |
| Mar 3, 2025 | Kimberly K. Nelson EVP & CFO | 151,752 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $139.34 per share | 21,145,123.68 |
| Feb 28, 2025 | Dan Juckniess EVP, Chief Sales Officer | 26,082 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $145.6 per share | 3,797,539.20 |
| Feb 28, 2025 | Jamie Thingelstad EVP, Chief Technology Officer | 39,320 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2025 | Chadwick Collins Chief Executive Officer; Director | 88,797 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $147.97 per share | 13,139,292.09 |
| Feb 28, 2025 | Chadwick Collins Chief Executive Officer; Director | 89,109 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $146.74 per share | 13,075,854.66 |
| Feb 28, 2025 | Chadwick Collins Chief Executive Officer; Director | 90,137 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2025 | Kimberly K. Nelson EVP & CFO | 157,242 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $145.58 per share | 22,891,290.36 |
| Feb 28, 2025 | Kimberly K. Nelson EVP & CFO | 157,342 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $144.54 per share | 22,742,212.68 |
| Feb 28, 2025 | Kimberly K. Nelson EVP & CFO | 157,842 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $144.01 per share | 22,730,826.42 |
| Feb 28, 2025 | Kimberly K. Nelson EVP & CFO | 158,698 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $150.05 per share | 23,812,634.90 |
| Feb 28, 2025 | Jamie Thingelstad EVP, Chief Technology Officer | 36,364 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $145.2 per share | 5,280,052.80 |
| Feb 28, 2025 | Jamie Thingelstad EVP, Chief Technology Officer | 36,549 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $143.99 per share | 5,262,690.51 |
| Feb 28, 2025 | Jamie Thingelstad EVP, Chief Technology Officer | 37,104 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $149.24 per share | 5,537,400.96 |
| Feb 28, 2025 | Jamie Thingelstad EVP, Chief Technology Officer | 37,504 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $148.65 per share | 5,574,969.60 |