SPS Commerce Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	133.73	241.02	219.08	162.89	207.55	149.69
Short-Term Investments	-	-	56.36	51.41	49.76	37.79
Cash & Short-Term Investments	133.73	241.02	275.44	214.31	257.31	187.48
Cash Growth	-35.01%	-12.50%	28.53%	-16.71%	37.25%	-12.20%
Receivables	67.44	52.04	46.84	39.44	34.56	33.58
Other Current Assets	114.46	88.86	79.16	69.07	60.57	50.3
Total Current Assets	315.62	381.91	401.44	322.81	352.44	271.36
Property, Plant & Equipment	48.17	45.74	43.91	44.63	42.75	42.01
Long-Term Investments	-	-	-	-	-	2.5
Goodwill	543.04	399.18	249.18	197.28	143.66	134.85
Other Intangible Assets	225.26	181.29	107.34	88.35	58.59	61.41
Long-Term Deferred Tax Assets	0.46	0.51	0.51	0.23	0.18	0.19
Long-Term Deferred Charges	20.77	20.57	20.35	17.42	15.19	12.61
Other Long-Term Assets	5.36	2.03	1.13	2.19	3.03	1.52
Total Assets	1,159	1,031	823.84	672.91	615.85	526.46
Accounts Payable	12.75	8.58	7.42	11.26	8.33	5.35
Accrued Expenses	64.11	59.27	49.6	37.69	40.01	34.03
Current Portion of Leases	5.62	4.58	4.46	4.28	4.11	2.8
Current Unearned Revenue	77.57	74.26	69.19	57.42	50.43	37.95
Total Current Liabilities	160.05	146.68	130.67	110.64	102.87	80.13
Long-Term Leases	4.02	7.89	9.57	13.01	16.43	19.67
Long-Term Unearned Revenue	5.15	6.19	6.93	4.77	5.14	3
Long-Term Deferred Tax Liabilities	30.22	15.54	8.97	7.42	7.15	2.94
Other Long-Term Liabilities	0.3	0.24	0.23	-	-	-
Total Liabilities	199.74	176.54	156.37	135.84	131.59	105.74
Common Stock	0.04	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	708.32	627.98	537.06	476.12	433.26	393.46
Retained Earnings	403.6	336.1	259.05	193.22	138.09	93.49
Treasury Stock	-152.1	-99.75	-128.89	-128.89	-85.68	-65.25
Comprehensive Income & Other	-0.92	-9.68	0.22	-3.41	-1.45	-1.02
Shareholders' Equity	958.94	854.69	667.48	537.07	484.26	420.72
Total Liabilities & Equity	1,159	1,031	823.84	672.91	615.85	526.46
Total Debt	9.64	12.47	14.03	17.29	20.53	22.47
Net Cash (Debt)	124.08	228.55	261.41	197.02	236.78	165.01
Net Cash Growth	-35.58%	-12.57%	32.68%	-16.79%	43.49%	-13.00%
Net Cash Per Share	3.26	6.04	6.98	5.33	6.41	4.55
Filing Date Shares Outstanding	37.71	37.77	36.97	36.31	36.01	35.58
Total Common Shares Outstanding	37.73	37.66	36.82	36.16	36.01	35.49
Working Capital	155.57	235.22	270.77	212.17	249.57	191.22
Book Value Per Share	25.41	22.69	18.13	14.85	13.45	11.86
Tangible Book Value	190.64	274.22	310.96	251.44	282.01	224.46
Tangible Book Value Per Share	5.05	7.28	8.45	6.95	7.83	6.33
Machinery	32.79	36.69	45.37	41.29	40.3	39.27
Leasehold Improvements	15.07	15	15.39	16.53	16.69	12.75

Source: S&P Global Market Intelligence. Standard template. Financial Sources.