SPS Commerce, Inc. SG&A Expense History
SPSC / Information Technology|10 years of SEC 10-K data (FY2016-FY2025)
$127M in FY2025 with a 5-year CAGR of +20.4%.
Increased from $85M to $127M over the past 2 years.
At $127M, SPS Commerce, Inc.'s sg&a expense ranks #100 of 294 in the Information Technology sector. SG&A Expense has increased for 9 consecutive years, from $29M in FY2016 to $127M 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
- +23.4%
- 5-Year CAGR
- +20.4%
- 10-Year CAGR
- -
SG&A Expense Trend
#100 of 294 in Information TechnologyTop 34% of 294This company $126.6M Sector average $759.7M
▼
-83.3% below sector average
Key Insights
- SPS Commerce, Inc.'s sg&a expense has grown for 9 consecutive years.
- 5-year CAGR of +20.4%, indicating consistent growth.
- In FY2025, sg&a expense increased 23.0% year-over-year.
- Ranks #195 out of 294 companies in the Information Technology sector.
Annual Data
| Year | SG&A Expense | YoY Growth |
|---|---|---|
| FY2025 | $126.6M | +23.0% |
| FY2024 | $102.9M | +21.3% |
| FY2023 | $84.9M | +26.1% |
| FY2022 | $67.3M | +9.8% |
| FY2021 | $61.3M | +22.3% |
| FY2020 | $50.1M | +12.1% |
| FY2019 | $44.7M | +6.8% |
| FY2018 | $41.9M | +11.7% |
| FY2017 | $37.5M | +30.0% |
| FY2016 | $28.8M | +16.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026