Accessibility Menu
SPS Commerce logo

SPS Commerce(NASDAQ) SPSC

Market Cap$2.69BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2010)+979%
5 Year-33%
1 Year-33%
1 Month+26%
$73.53
+11.70%
+7.70Today
After hours$73.37-$0.16 (-0.22%)
SPS Commerce last closing stock price
MetricPriceDate
Last closeUSD 73.392026-07-31
SPS Commerce stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+20%USD 61.162026-07-24
1 month+25.9%USD 58.292026-07-01
3 month+24.56%USD 58.922026-05-01
Year to date-17.66%USD 89.132025-12-31
1 year-32.59%USD 108.872025-07-31
3 year-58.1%USD 175.162023-08-01
5 year-32.64%USD 108.952021-07-30
Since inception+979.26%USD 6.802010-04-22

SPS Commerce Financials at a Glance

Market Cap

$2.69BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$772.49M

Net Income (TTM)

$78.00M

EPS (TTM)

$2.07

P/E Ratio

35.42

Dividend

$0.00

Beta (Volatility)

1.16 (Average)

Price

$73.53

Volume

1,414,698.879

Open

$71.70

Previous Close

$73.39

Daily Range

$69.00 - $75.69

52-Week Range

$49.04 - $117.37

Estimated Earnings Date

Oct 29, 2026

SPSC: Motley Fool Moneyball Superscore

73

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About SPS Commerce

SPS Commerce helps stores and suppliers share information easily. It makes sure products arrive at the right places on time. The company's cloud tools automate data for modern shopping.

Connecting the Supply Chain

  • Fulfillment: Automates the exchange of order data to help retailers and suppliers manage and ship products; represents roughly 86% of revenue in Q1 2026.
  • Analytics: Provides data tools to improve supply chain visibility and performance; accounts for about 7% of revenue in Q1 2026.
  • Other Solutions: Includes tools for vendor onboarding and managing product details; makes up 3% of revenue in Q1 2026.
  • One-time Services: Covers initial setup fees and professional testing to connect new trading partners; accounts for 4% of revenue in Q1 2026.

Expanding the Digital Network

  • Acquired Carbon6 Technologies, Inc. in February 2025 to provide software for Amazon sellers.
  • Added approximately 8,500 recurring revenue customers through the Carbon6 acquisition.
  • Extended the Minneapolis headquarters lease in October 2025 through July 2043.
  • Implemented new systems in December 2025 to manage human capital and payroll operations.

What Makes the Network Different

SPS Commerce uses a "connect once" model that lets businesses link to thousands of partners without building individual integrations. This shared infrastructure handles complex data rules for retailers, distributors, and logistics firms worldwide.

A Look at the Numbers

  • Revenue reached $192.1 million in Q1 2026, up 5.8% from $181.5 million in Q1 2025.
  • Net income hit $19.7 million in Q1 2026, down 11.1% from $22.2 million in Q1 2025.
  • Operating cash flow was $55.6 million in Q1 2026, up 39.1% from $40.0 million in the prior year.
  • Free cash flow hit $48.5 million in Q1 2026, up 43.3% from $33.8 million in Q1 2025.

Bottom Line

SPS Commerce has grown from a software provider into a global supply chain network. Its automated tools and strategic acquisitions help it manage the increasing complexity of omnichannel retail, which involves selling through both physical stores and online websites.

AI Generated • May 26, 2026

Industry

Software

Employees

2,948

CEO

Chadwick Collins, MBA

Headquarters

Minneapolis, MN 55402, US

SPSC Financials

Key Financial Metrics (TTM)

Gross Margin

69.82%

Operating Margin

15.83%

Net Income Margin

10.10%

Return on Equity

8.14%

Return on Capital

12.02%

Return on Assets

6.93%

Earnings Yield

2.82%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$2.69BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

36.71M

Volume

1.41M

Avg. Volume

667.28K

Financials (TTM)

Gross Profit

$539.36M

Operating Income

$122.30M

EBITDA

$183.20M

Operating Cash Flow

$228.14M

Capital Expenditure

-$29.45M

Free Cash Flow

$198.70M

Cash & ST Invst.

$173.17M

Total Debt

$6.31M

SPS Commerce Performance Analysis

SPS Commerce annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 450,875,00017.0%
20232023-12-31USD 536,910,00019.1%
20242024-12-31USD 637,765,00018.8%
20252025-12-31USD 751,505,00017.8%
SPS Commerce sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-301.3%
Q42025-12-311.4%
Q12026-03-31-0.3%
Q22026-06-303.0%
SPS Commerce annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 1.4923.7%
20232023-12-31USD 1.7617.7%
20242024-12-31USD 2.0415.9%
20252025-12-31USD 2.4620.7%
SPS Commerce sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3028.8%
Q42025-12-311.5%
Q12026-03-31-22.1%
Q22026-06-30-64.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$197.82M

+5.6%

Gross Profit

$138.79M

+8.8%

Gross Margin

70.16%

N/A

Market Cap

$2.69BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$913.96K

N/A

Employees

2,948

N/A

Net Income

$6.86M

-65.2%

EBITDA

$47.40M

+15.7%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$173.17M

+60.9%

Total Debt

$6.31M

-41.6%

Accounts Receivable

$71.68M

+6.2%

Inventory

$0.00

N/A

Long Term Debt

$4.77M

-5.6%

Short Term Debt

$1.54M

-73.2%

Return on Assets

6.93%

N/A

Return on Invested Capital

12.49%

N/A

Free Cash Flow

$57.43M

+123.8%

Operating Cash Flow

$66.03M

+104.3%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
EEFTEuronet Worldwide, Inc.
$71.33-6.96%
AVPTAvePoint, Inc.
$13.03+1.64%
PAGSPagSeguro Digital Ltd.
$9.64-2.03%
BLKBBlackbaud, Inc.
$42.80+6.79%

Trending Stocks

Symbol / CompanyPricePrice Chg
NVDANvidia
$200.75+0.03%
AAPLApple
$308.91-0.07%
AMZNAmazon
$271.58+0.15%
INTCIntel
$90.20-0.01%

Questions About SPSC

What is the current price of SPS Commerce?

SPS Commerce is trading at $73.39 per share.

What is the 52-week range for SPS Commerce?

Over the past 52 weeks, SPS Commerce has traded between $49.04 and $117.37.

How much debt does SPS Commerce have?

As of the most recent reporting period, SPS Commerce reported total debt of $6.31M.

How much cash does SPS Commerce have on hand?

SPS Commerce reported $173.17M in cash and cash equivalents in its most recent financial results.

What is SPS Commerce’s dividend yield?

SPS Commerce does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.