Company / Profit Margin
SPS Commerce, Inc. Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
12.4%
FY2025
5-year range
12.1% / 14.6%
FY2021-FY2025
Trend
+2.8%
vs FY2024
Sector context
#88 of 295
Information Technology
What the data says
At 12.4%, SPS Commerce, Inc.'s profit margin ranks #88 of 295 in the Information Technology sector. Profit Margin returned to growth in FY2025 after 2 years of decline, reaching 12.4%.
Based on SEC 10-K filings.
12.4% in FY2025 with a 5-year CAGR of +2.8%.
Remained stable around 12.4% over the past 2 years.
Information Technology sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -2.2pp
- 5-Year Change
- +2.8pp
- 10-Year Change
- -
Sector benchmark
#88 of 295 in Information TechnologyTop 30% of 295This company 12.4% Sector average -281.0%
▼
+104.4% above sector average
Key checks
Key Insights
- In FY2025, profit margin increased 2.8% year-over-year.
- Currently 293.4pp above the Information Technology sector average.
- Peak profit margin was recorded in FY2022.
- Lowest profit margin in the period was in FY2019.
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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.4% | +2.8% |
| FY2024 | 12.1% | -1.5% |
| FY2023 | 12.3% | -15.9% |
| FY2022 | 14.6% | +20.7% |
| FY2021 | 12.1% | +25.6% |
| FY2020 | 9.6% | +5912.5% |
| FY2019 | 0.2% | -98.3% |
| FY2018 | 9.6% | +1314.7% |
| FY2017 | 0.7% | -73.5% |
| FY2016 | 2.6% | +154.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026