$57.80
-6.9%SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment solution that provides fulfillment automation and replaces or augments an organization's existing staff and trading partner electronic communication infrastructure by enabling easy compliance with retailers' rulebooks, automatic, and digital exchange of information among numerous trading partners through various protocols, and greater visibility into the journey of an order; and Analytics solution, which consists of data analytics applications that enables customers to enhance their visibility across supply chains through greater analytics capabilities. In addition, it offers various complimentary products, such as assortment product, which enables accurate order management and rapid fulfillment; and community product that accelerates vendor onboarding and ensures trading partner adoption of new supply chain requirements. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
SPSC โข NASDAQ
| SPS Commerce, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||||||||
751.5M | 637.8M | 536.9M | 450.9M | 385.3M | 312.6M | 279.1M | 248.2M | 220.6M | 193.3M | 158.5M | 127.9M | 104.4M | 77.1M | 58M | 44.6M | 37.7M | 30.7M | 25.2M | |
GROSS PROFIT | |||||||||||||||||||
(268.8M) | (210.7M) | (182.1M) | (153.1M) | (131.7M) | (99.8M) | (92.2M) | (81.7M) | (73.6M) | (64.3M) | (50M) | (40M) | (31.8M) | (22M) | (15.4M) | (12.6M) | (11.7M) | (9.2M) | (6.4M) | |
482.7M | 427.1M | 354.8M | 297.8M | 253.6M | 212.8M | 186.9M | 166.5M | 146.9M | 128.9M | 108.5M | 88M | 72.6M | 55.1M | 42.6M | 32M | 26M | 21.5M | 18.8M | |
OPERATING INCOME | |||||||||||||||||||
(364.4M) | (338.2M) | (277.6M) | (226.6M) | (198.5M) | (162.6M) | (148.5M) | (139.8M) | (138.5M) | (121.4M) | (101.5M) | (83.6M) | (70.8M) | (53.5M) | (41.5M) | (28.9M) | (24.2M) | (22.9M) | (20.6M) | |
(295.7M) | (251.8M) | (207.8M) | (169.1M) | (149.3M) | (126.1M) | (114.9M) | (113.6M) | (110.8M) | (94.7M) | (80.2M) | (67.2M) | (56.8M) | (43.6M) | (35M) | (24.6M) | (19.8M) | (19.3M) | (17.1M) | |
(68.7M) | (62.8M) | (53.7M) | (45.7M) | (39M) | (31M) | (28.3M) | (22.1M) | (23.2M) | (22M) | (18M) | (13.5M) | (10.9M) | (8.2M) | (5.8M) | (4.3M) | (4.3M) | (3.6M) | (3.5M) | |
118.3M | 88.9M | 77.2M | 71.2M | 55.1M | 50.2M | 38.4M | 26.7M | 8.4M | 7.5M | 7M | 4.4M | 1.8M | 1.6M | 1.1M | 3M | 1.9M | -1.4M | -1.8M | |
PRE-TAX INCOME | |||||||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (27K) | (0.0) | (74K) | (270K) | (419K) | (439K) | |
0.0 | 10.6M | 7.7M | 0.0 | 278K | 1.1M | 2.9M | 2.3M | 1M | 601K | 197K | 187K | 112K | 19K | 89K | 84K | -270K | -419K | -439K | |
(0.0) | (23.5M) | (16.1M) | (11.8M) | (10.1M) | (5.5M) | (5.3M) | -720K | -320K | (732K) | -145K | -458K | -147K | -248K | (643K) | (0.0) | (0.0) | (0.0) | (0.0) | |
5.5M | 10.6M | 8.3M | 142K | -1.5M | 2.5M | 3.7M | 1.6M | 712K | 1.3M | 52K | -271K | -35K | -229K | -51K | -60K | -628K | -391K | -319K | |
123.8M | 99.5M | 85.6M | 71.3M | 53.5M | 52.7M | 42.1M | 28.3M | 9.1M | 8.9M | 7.1M | 4.1M | 1.7M | 1.3M | 1.1M | 3M | 1.3M | -1.8M | -2.1M | |
NET INCOME | |||||||||||||||||||
(30.5M) | (22.4M) | (19.7M) | (16.2M) | (8.9M) | (7.1M) | (8.4M) | (4.5M) | (11.6M) | (3.1M) | (2.4M) | (1.4M) | (686K) | (121K) | -12.6M | (92K) | (91K) | (94K) | (16K) | |
93.3M | 77.1M | 65.8M | 55.1M | 44.6M | 45.6M | 33.7M | 23.9M | -2.4M | 5.7M | 4.6M | 2.7M | 1.1M | 1.2M | 13.7M | 2.9M | 1.2M | -1.9M | -2.2M |
SPSC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 21, 2026 | May 20, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 14, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | April 14, 2026 | April 10, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 19, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 10, 2026 | 2026 | |
8-K 8-K 2025 N/A | October 30, 2025 | October 29, 2025 | 2025 |
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