Company / Accounts Receivable
SPS Commerce, Inc. Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$68.2M
FY2025
5-year range
$34.6M / $68.2M
FY2021-FY2025
Trend
+31.0%
vs FY2024
Sector context
#233 of 288
Information Technology
What the data says
SPS Commerce, Inc.'s accounts receivable of $68M is lower than 81% of companies in the Information Technology sector (FY2025). Accounts Receivable has increased for 9 consecutive years, from $21M in FY2016 to $68M in FY2025.
Based on SEC 10-K filings.
$68M in FY2025 with a 5-year CAGR of +15.2%.
Improved from $47M to $68M over the past 2 years.
Information Technology sector context is included.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +20.0%
- 5-Year CAGR
- +15.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 19% in Information TechnologyTop 81% of 288This company $68.2M Sector average $1.5B
▼
-95.4% below sector average
Key checks
Key Insights
- SPS Commerce, Inc.'s accounts receivable has grown for 9 consecutive years.
- 5-year CAGR of +15.2%, indicating consistent growth.
- In FY2025, accounts receivable increased 31.0% year-over-year.
- Ranks #233 out of 288 companies in the Information Technology sector.
Company context
Key Data Points
- 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.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $68.2M | +31.0% |
| FY2024 | $52.0M | +11.1% |
| FY2023 | $46.8M | +18.8% |
| FY2022 | $39.4M | +14.1% |
| FY2021 | $34.6M | +2.9% |
| FY2020 | $33.6M | +6.5% |
| FY2019 | $31.5M | +14.7% |
| FY2018 | $27.5M | +10.4% |
| FY2017 | $24.9M | +20.0% |
| FY2016 | $20.7M | +17.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026