SPS Commerce, Inc. (SPSC)

SPS Commerce Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	94.92	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	94.92	241.02	275.44	214.31	257.31	187.48
Cash Growth	-67.36%	-12.50%	28.53%	-16.71%	37.25%	-12.20%
Receivables	63.39	52.04	46.84	39.44	34.56	33.58
Other Current Assets	93.52	88.86	79.16	69.07	60.57	50.3
Total Current Assets	251.84	381.91	401.44	322.81	352.44	271.36
Property, Plant & Equipment	47.11	45.74	43.91	44.63	42.75	42.01
Long-Term Investments	-	-	-	-	-	2.5
Goodwill	533.94	399.18	249.18	197.28	143.66	134.85
Other Intangible Assets	252.28	181.29	107.34	88.35	58.59	61.41
Long-Term Deferred Tax Assets	0.56	0.51	0.51	0.23	0.18	0.19
Long-Term Deferred Charges	21.42	20.57	20.35	17.42	15.19	12.61
Other Long-Term Assets	1.91	2.03	1.13	2.19	3.03	1.52
Total Assets	1,109	1,031	823.84	672.91	615.85	526.46
Accounts Payable	11.26	8.58	7.42	11.26	8.33	5.35
Accrued Expenses	57.39	59.27	49.6	37.69	40.01	34.03
Current Portion of Leases	6.16	4.58	4.46	4.28	4.11	2.8
Current Unearned Revenue	78.62	74.26	69.19	57.42	50.43	37.95
Total Current Liabilities	153.42	146.68	130.67	110.64	102.87	80.13
Long-Term Leases	6.1	7.89	9.57	13.01	16.43	19.67
Long-Term Unearned Revenue	5.75	6.19	6.93	4.77	5.14	3
Long-Term Deferred Tax Liabilities	20.3	15.54	8.97	7.42	7.15	2.94
Other Long-Term Liabilities	2.56	0.24	0.23	-	-	-
Total Liabilities	188.13	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	672.14	627.98	537.06	476.12	433.26	393.46
Retained Earnings	358.3	336.1	259.05	193.22	138.09	93.49
Treasury Stock	-102.1	-99.75	-128.89	-128.89	-85.68	-65.25
Comprehensive Income & Other	-7.46	-9.68	0.22	-3.41	-1.45	-1.02
Shareholders' Equity	920.92	854.69	667.48	537.07	484.26	420.72
Total Liabilities & Equity	1,109	1,031	823.84	672.91	615.85	526.46
Total Debt	12.26	12.47	14.03	17.29	20.53	22.47
Net Cash (Debt)	82.66	228.55	261.41	197.02	236.78	165.01
Net Cash Growth	-70.26%	-12.57%	32.68%	-16.79%	43.49%	-13.00%
Net Cash Per Share	2.18	6.04	6.98	5.33	6.41	4.55
Filing Date Shares Outstanding	37.98	37.77	36.97	36.31	36.01	35.58
Total Common Shares Outstanding	38	37.66	36.82	36.16	36.01	35.49
Working Capital	98.41	235.22	270.77	212.17	249.57	191.22
Book Value Per Share	24.23	22.69	18.13	14.85	13.45	11.86
Tangible Book Value	134.7	274.22	310.96	251.44	282.01	224.46
Tangible Book Value Per Share	3.54	7.28	8.45	6.95	7.83	6.33
Machinery	37.26	36.69	45.37	41.29	40.3	39.27
Leasehold Improvements	15.01	15	15.39	16.53	16.69	12.75

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q