SPS Commerce, Inc. (SPSC)

SPS Commerce Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	82.95	77.05	65.82	55.13	44.6	45.59
Depreciation & Amortization	51.72	42.23	34.75	28.19	24.91	18.67
Stock-Based Compensation	51.91	54.56	45.51	33.4	27.57	18.94
Other Adjustments	2.38	-1.53	-1.96	-0.15	8.92	9.79
Change in Receivables	-11.96	-9.65	-11.95	-6.44	-4.96	-5.92
Changes in Accounts Payable	4.33	0.8	-3.95	0.14	2.26	1.21
Changes in Accrued Expenses	1.98	5.55	8.45	-6.62	7.79	-0.69
Changes in Unearned Revenue	-2.23	0.73	6.46	5.97	14.48	4.43
Changes in Other Operating Activities	-14.89	-12.34	-10.84	-9.58	-12.69	-3.45
Operating Cash Flow	166.2	157.4	132.3	100.05	112.89	88.56
Operating Cash Flow Growth	18.60%	18.97%	32.23%	-11.37%	27.47%	23.36%
Capital Expenditures	-24.27	-20.05	-19.76	-19.88	-19.59	-16.47
Purchases of Investments	-	-85.76	-133.99	-160.43	-121.24	-74.8
Proceeds from Sale of Investments	-	143.28	131.33	158.94	111.19	69.46
Payments for Business Acquisitions	-261.21	-147.92	-70.22	-91.42	-17.07	-98.67
Investing Cash Flow	-253.97	-110.45	-92.64	-112.79	-46.7	-120.47
Issuance of Common Stock	14.84	14.54	17.97	11.58	14.11	21.97
Repurchase of Common Stock	-	-37.57	-	-43.22	-20.43	-18.95
Net Common Stock Issued (Repurchased)	14.84	-23.03	17.97	-31.63	-6.32	3.02
Other Financing Activities	-	-	-2	-	-2.04	-0.69
Financing Cash Flow	-44.8	-23.03	15.97	-31.63	-8.36	2.33
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.06	-1.98	0.56	-0.29	0.03	0.02
Net Cash Flow	-132.63	21.94	56.19	-44.66	57.86	-29.56
Beginning Cash & Cash Equivalents	240.23	219.08	162.89	207.55	149.69	179.25
Ending Cash & Cash Equivalents	107.6	241.02	219.08	162.89	207.55	149.69
Free Cash Flow	141.93	137.35	112.54	80.17	93.31	72.1
Free Cash Flow Growth	3.33%	22.05%	40.37%	-14.07%	29.42%	23.86%
FCF Margin	20.17%	21.54%	20.96%	17.78%	24.22%	23.06%
Free Cash Flow Per Share	3.73	3.63	3.00	2.17	2.52	1.99
Levered Free Cash Flow	99.6	93.97	80.94	53.36	61.77	49.29
Unlevered Free Cash Flow	94.75	85.77	74.54	53.25	63.06	47.11

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q