SPS Commerce Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	151.36	241.02	219.08	162.89	207.55
Short-Term Investments	-	-	56.36	51.41	49.76
Cash & Short-Term Investments	151.36	241.02	275.44	214.31	257.31
Cash Growth	-37.20%	-12.50%	28.53%	-16.71%	37.25%
Receivables	68.17	52.04	46.84	39.44	34.56
Other Current Assets	115.78	88.86	79.16	69.07	60.57
Total Current Assets	335.3	381.91	401.44	322.81	352.44
Property, Plant & Equipment	48.14	45.74	43.91	44.63	42.75
Goodwill	541.72	399.18	249.18	197.28	143.66
Other Intangible Assets	215.82	181.29	107.34	88.35	58.59
Long-Term Deferred Tax Assets	0.49	0.51	0.51	0.23	0.18
Long-Term Deferred Charges	20.72	20.57	20.35	17.42	15.19
Other Long-Term Assets	7.67	2.03	1.13	2.19	3.03
Total Assets	1,170	1,031	823.84	672.91	615.85
Accounts Payable	13.76	8.58	7.42	11.26	8.33
Accrued Expenses	60.65	59.27	49.6	37.69	40.01
Current Portion of Leases	4.35	4.58	4.46	4.28	4.11
Current Unearned Revenue	75.59	74.26	69.19	57.42	50.43
Total Current Liabilities	154.35	146.68	130.67	110.64	102.87
Long-Term Leases	2.84	7.89	9.57	13.01	16.43
Long-Term Unearned Revenue	5.29	6.19	6.93	4.77	5.14
Long-Term Deferred Tax Liabilities	33.2	15.54	8.97	7.42	7.15
Other Long-Term Liabilities	0.29	0.24	0.23	-	-
Total Liabilities	195.97	176.54	156.37	135.84	131.59
Common Stock	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	722.74	627.98	537.06	476.12	433.26
Retained Earnings	429.44	336.1	259.05	193.22	138.09
Treasury Stock	-177.95	-99.75	-128.89	-128.89	-85.68
Comprehensive Income & Other	-0.37	-9.68	0.22	-3.41	-1.45
Shareholders' Equity	973.89	854.69	667.48	537.07	484.26
Total Liabilities & Equity	1,170	1,031	823.84	672.91	615.85
Total Debt	7.19	12.47	14.03	17.29	20.53
Net Cash (Debt)	144.16	228.55	261.41	197.02	236.78
Net Cash Growth	-36.92%	-12.57%	32.68%	-16.79%	43.49%
Net Cash Per Share	3.79	6.04	6.98	5.33	6.41
Filing Date Shares Outstanding	37.71	37.77	36.97	36.31	36.01
Total Common Shares Outstanding	37.71	37.66	36.82	36.16	36.01
Working Capital	180.95	235.22	270.77	212.17	249.57
Book Value Per Share	25.82	22.69	18.13	14.85	13.45
Tangible Book Value	216.36	274.22	310.96	251.44	282.01
Tangible Book Value Per Share	5.74	7.28	8.45	6.95	7.83
Machinery	-	36.69	45.37	41.29	40.3
Leasehold Improvements	-	15	15.39	16.53	16.69

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