SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
81.30
-0.95 (-1.16%)
Nov 13, 2026, 4:00 PM EST - Market closed
SPS Commerce Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | 83.12 | 93.34 | 77.05 | 65.82 | 55.13 | 44.6 |
Depreciation & Amortization | 61.89 | 58.26 | 42.23 | 34.75 | 28.19 | 24.91 |
Stock-Based Compensation | 62.87 | 53.73 | 54.56 | 45.51 | 33.4 | 27.57 |
Provision & Write-off of Bad Debts | 9.57 | 9.92 | 7.68 | 5.71 | 3.36 | 4.72 |
Other Operating Activities | 5.19 | 17.82 | -9.21 | -7.66 | -3.51 | 4.2 |
Change in Accounts Receivable | -10.53 | -20.3 | -9.65 | -11.95 | -6.44 | -4.96 |
Change in Accounts Payable | -1.05 | 4.72 | 0.8 | -3.95 | 0.14 | 2.26 |
Change in Unearned Revenue | 0.93 | -0.79 | 0.73 | 6.46 | 5.97 | 14.48 |
Change in Other Net Operating Assets | -3.66 | -37.91 | -6.79 | -2.39 | -16.19 | -4.9 |
Operating Cash Flow | 231.54 | 178.79 | 157.4 | 132.3 | 100.05 | 112.89 |
Operating Cash Flow Growth | 33.46% | 13.59% | 18.97% | 32.23% | -11.37% | 27.47% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -28.9 | -26.52 | -20.05 | -19.76 | -19.88 | -19.59 |
Cash Acquisitions | - | -142.63 | -147.92 | -70.22 | -91.42 | -17.07 |
Investment in Securities | -29.44 | - | 57.52 | -2.66 | -1.49 | -10.05 |
Investing Cash Flow | -49.57 | -169.15 | -110.45 | -92.64 | -112.79 | -46.7 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Issuance of Common Stock | 9.79 | 13.45 | 14.54 | 17.97 | 11.58 | 14.11 |
Repurchase of Common Stock | -171.93 | -114.28 | -37.57 | - | -43.22 | -20.43 |
Other Financing Activities | - | - | - | -2 | - | -2.04 |
Financing Cash Flow | -162.13 | -100.83 | -23.03 | 15.97 | -31.63 | -8.36 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 0.26 | 1.53 | -1.98 | 0.56 | -0.29 | 0.03 |
Net Cash Flow | 20.09 | -89.66 | 21.94 | 56.19 | -44.66 | 57.86 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 202.64 | 152.27 | 137.35 | 112.54 | 80.17 | 93.31 |
Free Cash Flow Growth | 36.55% | 10.86% | 22.05% | 40.37% | -14.07% | 29.42% |
Free Cash Flow Margin | 25.97% | 20.26% | 21.54% | 20.96% | 17.78% | 24.22% |
Free Cash Flow Per Share | 5.48 | 4.01 | 3.63 | 3.00 | 2.17 | 2.52 |
Levered Free Cash Flow | 194.46 | 124.24 | 133.3 | 111.13 | 80.42 | 77.5 |
Unlevered Free Cash Flow | 194.46 | 124.24 | 133.3 | 111.13 | 80.42 | 77.5 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 Income Tax Paid | 28.89 | 28.89 | 27.1 | 29.21 | 16.08 | 9.98 |
Change in Working Capital | -14.3 | -54.28 | -14.92 | -11.82 | -16.52 | 6.89 |