SPS Commerce, Inc. (SPSC) Financials, Dividends & Stock Info
Explore comprehensive financial data for SPS Commerce, Inc., provided completely free. Analyze revenue, net income, profit margins, dividend history, and key financial ratios to make informed investment decisions.
Data as of (519 days ago)|Source: SEC EDGAR
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SPS Commerce, Inc. (SPSC) is a application software company. The company reports annual revenue of $638M and net income of $77M. Its profit margin is 12.1%.
SPS Commerce, Inc. Key Financials(TTM Est.)
Data from SEC EDGAR filings. TTM = Trailing Twelve Months.
SPS Commerce, Inc. Financial Health ScoreFY2025
Good overall health with some areas for improvement
+3 pts YoYThis Financial Health Score is a proprietary metric calculated from SEC EDGAR filings for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Results vary significantly by industry. Conduct your own research before making investment decisions.
Data Highlights
- Altman Z-Score 3.46 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
5-Year Revenue & Net Income Trend
Chart shows fiscal year data from SEC EDGAR filings. Hover over data points for details.
As of FY2025 · SEC 10-K · Updated Feb 28, 2026
About SPS Commerce, Inc.
- Industry
- Application Software
Valuation
Valuation Data UnavailablePrice-based valuation metrics (P/E, P/B) require real-time stock price data which is not included in SEC filings.
Benjamin Graham: Graham recommended P/E ratio not exceed 15 for reasonable valuation. Understanding valuation metrics
Profitability
Positive Marginsvs 2.2% sector median / 3.5% avg
Keeps 12 cents of every dollar in revenue as profit. Higher than 66% in Information Technology.
8th consecutive year of revenue growth.
* Some quarterly data is missing. Values are calculated based on annual report figures.
Profit margin 246% above sector average.
Warren Buffett: Buffett looks for consistent ROE above 20% as a sign of competitive advantage. How to evaluate profitability
Financial Health
Balance Sheet Data LimitedInsufficient data to assess financial health.
Peter Lynch: Lynch: normal balance sheet has 75% equity, 25% debt. Understanding financial health
Dividend
Dividend Data UnavailableDividend yield data is not available from SEC filings. Check the company's investor relations page for dividend information.
As of FY2025 · SEC 10-K · Updated Feb 28, 2026
SPS Commerce, Inc. 10-Year Revenue, Profit & Cash Flow History
Net income reached a record high of $93M in FY2025.
Annual Financials
FY2025 - FY2016| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $751.5M(+17.8%) | $637.8M(+18.8%) | $536.9M(+19.1%) | $450.9M(+17.0%) | $385.3M(+23.2%) | $312.6M(+12.0%) | $279.1M(+12.4%) | $248.2M(+378.0%) | $51.9M(-73.1%) | $193.3M(+21.9%) |
| Net Income | $93.3M(+21.1%) | $77.1M(+17.1%) | $65.8M(+19.4%) | $55.1M(+23.6%) | $44.6M(-2.2%) | $45.6M(+35.2%) | $33.7M(+41.2%) | $23.9M(+6701.1%) | $351,000(-92.9%) | $5.0M(+7.0%) |
| Total Assets | $1.2B | $1.0B | $823.8M | $672.9M | $615.8M | $526.5M | $447.4M | $386.1M | $339.7M | $298.4M |
| Total Debt | - | - | - | - | - | - | - | - | - | - |
| Total Equity | $973.9M | $854.7M | $667.5M | $537.1M | $484.3M | $420.7M | $354.9M | $319.0M | $288.1M | $257.8M |
| Profit Margin | 12.4% | 12.1% | 12.3% | 12.2% | 11.6% | 14.6% | 12.1% | 9.6% | 0.7% | 2.6% |
| ROE | 9.6% | 9.0% | 9.9% | 10.3% | 9.2% | 10.8% | 9.5% | 7.5% | 0.1% | 1.9% |
| ROA | 8.0% | 7.5% | 8.0% | 8.2% | 7.2% | 8.7% | 7.5% | 6.2% | 0.1% | 1.7% |
Quarterly Financials
Last 8 quarters| Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $189.9M | $187.4M | $181.5M | $163.7M | $153.6M | $149.6M | $135.7M | $130.4M |
| Net Income | $25.6M | $19.7M | $22.2M | $23.5M | $18.0M | $18.0M | $16.8M | $14.7M |
| Total Assets | $1.2B | $1.1B | $1.1B | $1.0B | $854.5M | $839.8M | $787.4M | $735.5M |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026
Insider Trading
Source: SEC EDGAR Form 4 filings. Only purchase (P) and sale (S) transactions shown.
SPS Commerce, Inc. Free Cash Flow & Dividend Coverage
Cash Flow History
FY2016 - FY2025| Metric | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | $18.8M | $31.1M | $55.0M | $71.8M | $88.6M | $112.9M | $100.1M | $132.3M | $157.4M | $178.8M |
| CapEx | -$8.0M | -$7.3M | -$13.8M | -$13.6M | -$16.5M | -$19.6M | -$19.9M | -$19.8M | -$20.0M | -$26.5M |
| Free Cash Flow | $10.8M | $23.8M | $41.3M | $58.2M | $72.1M | $93.3M | $80.2M | $112.5M | $137.4M | $152.3M |
| FCF Margin | 5.6% | 45.8% | 16.6% | 20.8% | 23.1% | 24.2% | 17.8% | 21.0% | 21.5% | 20.3% |
Source: SEC EDGAR 10-K filings. FCF = Operating Cash Flow - Capital Expenditures. Free cash flow guide
As of FY2025 · SEC 10-K · Updated Feb 28, 2026
SPS Commerce, Inc. Risk Factors
Common risks for Information Technology
Risk factors shown are common to the Information Technology and may not reflect all risks specific to SPSC. See SEC filings for complete disclosure.
SPS Commerce, Inc. FAQ
What is SPS Commerce, Inc.'s annual revenue?
SPS Commerce, Inc. (SPSC) reported $638 million in trailing twelve-month (TTM) revenue. This financial data is compiled from SEC EDGAR 10-K filings.
Is SPS Commerce, Inc. profitable?
Yes, SPS Commerce, Inc. is profitable with a 12.1% net profit margin and $77 million in net income (TTM). All figures from SEC EDGAR 10-K filings.
Does SPS Commerce, Inc. pay dividends?
No, SPS Commerce, Inc. (SPSC) does not currently pay dividends to shareholders.
What is SPS Commerce, Inc.'s financial health score?
SPS Commerce, Inc. has a financial health score of 79/100 (Grade: B), evaluating profitability, solvency, liquidity, and growth based on SEC EDGAR data.
How many years of SPS Commerce, Inc. financial data are available?
10 years of financial data are available for SPS Commerce, Inc. from FY2016 to FY2025. All figures are compiled from SEC EDGAR 10-K filings.