SPS Commerce, Inc. (SPSC)
| Market Cap | 2.42B -54.6% |
| Revenue (ttm) | 772.49M +9.8% |
| Net Income | 78.00M -6.0% |
| EPS | 2.09 -4.2% |
| Shares Out | 36.71M |
| PE Ratio | 31.54 |
| Forward PE | 13.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 531,200 |
| Open | 67.13 |
| Previous Close | 69.40 |
| Day's Range | 65.42 - 68.26 |
| 52-Week Range | 49.04 - 141.98 |
| Beta | 0.56 |
| Analysts | Hold |
| Price Target | 67.45 (+2.46%) |
| Earnings Date | Jul 30, 2026 |
About SPSC
SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery throug... [Read more]
Financial Performance
In 2025, SPS Commerce's revenue was $751.51 million, an increase of 17.83% compared to the previous year's $637.77 million. Earnings were $93.34 million, an increase of 21.13%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for SPSC stock is "Hold." The 12-month stock price target is $67.45, which is an increase of 2.46% from the latest price.
News
SPS Commerce raises FY26 adjusted EPS view to $4.84-$4.93 from $4.73-$4.76
Consensus $4.74. Cuts FY26 revenue view to $788.4M-$793.4M from $796M-$802M, consensus $796.22M. Raises FY26 adjusted EBITDA view to $264.6M-$269.1M from $262.8M-$267.3M. The company said, “As a resul...
SPS Commerce reports Q2 EPS $1.27, consensus $1.09
Reports Q2 revenue $197.82M, consensus $195.45M. “SPS Commerce (SPSC) is executing its growth and innovation roadmap. MAX, our agentic capabilities embedded within SPS’ supply chain network, has alrea...
SPS Commerce sees Q3 EPS $1.20-$1.23, consensus $1.24
Sees Q3 revenue $196.3M-$198.3M, consensus $201.91M. Sees Q3 adjusted EBITDA $67.4M-$69.4M. “Solid second-quarter performance reflects up-sell and cross-sell momentum across our core business,” said J...
SPS Commerce Earnings Call Transcript: Q2 2026
Core business revenue grew 6% year-over-year in Q2 2026, driven by upsell and cross-sell momentum after divesting the 3P Revenue Recovery business. AI-powered solutions and platform enhancements are delivering tangible ROI, with strong guidance for margin expansion and continued ARPU growth.
SPS Commerce Earnings release: Q2 2026
SPS Commerce released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
SPS Commerce Quarterly report: Q2 2026
SPS Commerce has published its Q2 2026 quarterly earnings report on July 30, 2026.
SPS Commerce Reports Strong Second Quarter 2026 Financial Results
Second quarter 2026 revenue and Adjusted EBITDA exceed high end of guidance range Company provides updated full year 2026 guidance following recently completed divestiture
SPS Commerce price target raised to $82 from $76 at Citi
Citi raised the firm’s price target on SPS Commerce (SPSC) to $82 from $76 and keeps a Buy rating on the shares ahead of earnings. The firm says improving web…
SPS Commerce downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded SPS Commerce (SPSC) to Underweight from Equal Weight with a price target of $57, down from $70. The company’s recent execution has been disappointing, and it will…
SPS Commerce Announces Date of Second Quarter 2026 Financial Results
MINNEAPOLIS, July 16, 2026 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, today announced that it will issue its financial results for the second ...
SPS Commerce sells third-party revenue recovery business for $9.5M
SPS Commerce (SPSC) announced the completed sale of its third-party revenue recovery business, which was previously acquired through its purchase of Carbon6 Technologies in early 2025. Under the terms...
SPS Commerce Announces Agreement to Sell 3P Revenue Recovery Business
MINNEAPOLIS, June 30, 2026 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, today announced it has completed the sale of its 3P Revenue Recovery bus...
Activist target SPS Commerce exploring potential sale, Reuters says
12:58 EDT Activist target SPS Commerce (SPSC) exploring potential sale, Reuters says
SPS Commerce exploring sale under activist pressure, Reuters reports
SPS Commerce (SPSC) is exploring a sale amid pressure from activist investors, according to Reuters, citing three people familiar with the matter. The supply chain software maker is working with…
SPS Commerce jumps after Reuters report on exploring possible sale
Shares of SPS Commerce (SPSC) are up $4.09, or 7.5%, to $58.95 following Reuters’ report.
SPS Commerce explores sale amid activist pressure, sources say
Supply chain software maker SPS Commerce is exploring a sale amid pressure from activist investors, according to three people familiar with the matter.
SPS Commerce Transcript: 46th Annual William Blair Growth Stock Conference
A cloud-based supply chain network is expanding through digitization, AI-driven efficiencies, and a land-and-expand model targeting higher customer spend. Growth is fueled by product innovation, internal automation, and increasing demand for solutions like Revenue Recovery, despite some headwinds from Amazon policy changes.
SPS Commerce Transcript: AGM 2026
The meeting covered director elections, auditor ratification, and executive compensation, with all proposals approved by shareholders. Vote results will be certified and filed with the SEC. Stockholder questions will be addressed later.
SPS Commerce to Present at the William Blair 46th Annual Growth Stock Conference
MINNEAPOLIS, May 26, 2026 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, today announced that management will present at the William Blair 46th An...
SPS Commerce Proxy statement: Proxy filing
SPS Commerce filed a proxy statement on May 15, 2026, providing details for shareholder voting and corporate governance matters.
SPS Commerce participates in a conference call with William Blair
William Blair holds a conference call with management on May 13 at 11 am. Webcast Link
SPS Commerce price target lowered to $76 from $84 at Citi
Citi lowered the firm’s price target on SPS Commerce (SPSC) to $76 from $84 and keeps a Buy rating on the shares.
SPS Commerce price target lowered to $70 from $95 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on SPS Commerce (SPSC) to $70 from $95 and keeps an Equal Weight rating on the shares. Q1 results disappointed, with revenue missing…
SPS Commerce price target lowered to $60 from $70 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on SPS Commerce (SPSC) to $60 from $70 and keeps a Neutral rating on the shares. SPS Commerce is showing gradual core recovery…