SPS Commerce, Inc. Goodwill History
SPSC / Information Technology|10 years of SEC 10-K data (FY2016-FY2025)
$542M in FY2025 with a 5-year CAGR of +32.1%.
Improved from $249M to $542M over the past 2 years.
At $542M, SPS Commerce, Inc.'s goodwill ranks #135 of 301 in the Information Technology sector. Goodwill has increased for 9 consecutive years, from $50M in FY2016 to $542M in FY2025.
Based on SEC 10-K filings.
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.
- 3-Year CAGR
- +40.0%
- 5-Year CAGR
- +32.1%
- 10-Year CAGR
- -
Goodwill Trend
#135 of 301 in Information TechnologyTop 45% of 301This company $541.7M Sector average $3.6B
▼
-85.0% below sector average
Key Insights
- SPS Commerce, Inc.'s goodwill has grown for 9 consecutive years.
- 5-year CAGR of +32.1%, indicating consistent growth.
- In FY2025, goodwill increased 35.7% year-over-year.
- Ranks #135 out of 301 companies in the Information Technology sector.
Annual Data
| Year | Goodwill | YoY Growth |
|---|---|---|
| FY2025 | $541.7M | +35.7% |
| FY2024 | $399.2M | +60.2% |
| FY2023 | $249.2M | +26.3% |
| FY2022 | $197.3M | +37.3% |
| FY2021 | $143.7M | +6.5% |
| FY2020 | $134.9M | +75.5% |
| FY2019 | $76.8M | +10.3% |
| FY2018 | $69.7M | +35.0% |
| FY2017 | $51.6M | +3.7% |
| FY2016 | $49.8M | +47.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026