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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 780.24 | 751.51 | 637.77 | 536.91 | 450.88 | 385.28 | |
Revenue Growth | 6.92% | 17.83% | 18.78% | 19.08% | 17.03% | 23.24% |
Cost of Revenue | 232.3 | 231.63 | 210.71 | 182.07 | 153.07 | 131.68 |
Gross Profit | 547.93 | 519.88 | 427.05 | 354.84 | 297.81 | 253.6 |
Selling, General & Admin | 310.73 | 295.72 | 251.85 | 207.82 | 169.11 | 149.35 |
Research & Development | 68.11 | 68.68 | 62.81 | 53.65 | 45.75 | 39.04 |
Amortization of Goodwill & Intangibles | 38.05 | 37.17 | 23.51 | 16.12 | 11.77 | 10.13 |
Operating Expenses | 416.89 | 401.57 | 338.17 | 277.59 | 226.63 | 198.51 |
Operating Income | 131.04 | 118.3 | 88.88 | 77.25 | 71.18 | 55.09 |
Interest & Investment Income | 5.01 | 4.65 | 10.58 | 7.66 | 1.67 | 0.28 |
Currency Exchange Gain (Loss) | - | - | - | - | - | -1.46 |
Other Non Operating Income (Expenses) | 0.84 | 0.5 | -0.1 | -1.07 | -0.5 | -0.37 |
EBT Excluding Unusual Items | 136.89 | 123.45 | 99.36 | 83.84 | 72.35 | 53.54 |
Gain (Loss) on Sale of Investments | 0.22 | 0.39 | 0.12 | 1.73 | -1.03 | - |
Pretax Income | 113.65 | 123.84 | 99.48 | 85.56 | 71.32 | 53.54 |
Income Tax Expense | 30.54 | 30.5 | 22.42 | 19.74 | 16.19 | 8.94 |
Net Income | 83.12 | 93.34 | 77.05 | 65.82 | 55.13 | 44.6 |
Net Income to Common | 83.12 | 93.34 | 77.05 | 65.82 | 55.13 | 44.6 |
Net Income Growth | -2.28% | 21.14% | 17.06% | 19.39% | 23.63% | -2.17% |
Shares Outstanding (Basic) | 37 | 38 | 37 | 37 | 36 | 36 |
Shares Outstanding (Diluted) | 37 | 38 | 38 | 37 | 37 | 37 |
Shares Change | -2.82% | 0.36% | 1.02% | 1.41% | -0.02% | 1.87% |
EPS (Basic) | 2.25 | 2.46 | 2.07 | 1.80 | 1.53 | 1.24 |
EPS (Diluted) | 2.25 | 2.46 | 2.04 | 1.76 | 1.49 | 1.21 |
EPS Growth | 0.61% | 20.59% | 15.91% | 18.12% | 23.14% | -3.97% |
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 |
Free Cash Flow | 202.64 | 152.27 | 137.35 | 112.54 | 80.17 | 93.31 |
Free Cash Flow Per Share | 5.48 | 4.01 | 3.63 | 3.00 | 2.17 | 2.52 |
Gross Margin | 70.23% | 69.18% | 66.96% | 66.09% | 66.05% | 65.82% |
Operating Margin | 16.79% | 15.74% | 13.94% | 14.39% | 15.79% | 14.30% |
Profit Margin | 10.65% | 12.42% | 12.08% | 12.26% | 12.23% | 11.58% |
Free Cash Flow Margin | 25.97% | 20.26% | 21.54% | 20.96% | 17.78% | 24.22% |
EBITDA | 192.93 | 176.56 | 131.11 | 112 | 99.37 | 80 |
EBITDA Margin | 24.73% | 23.49% | 20.56% | 20.86% | 22.04% | 20.76% |
D&A For EBITDA | 61.89 | 58.26 | 42.23 | 34.75 | 28.19 | 24.91 |
EBIT | 131.04 | 118.3 | 88.88 | 77.25 | 71.18 | 55.09 |
EBIT Margin | 16.79% | 15.74% | 13.94% | 14.39% | 15.79% | 14.30% |
Effective Tax Rate | 26.87% | 24.63% | 22.54% | 23.07% | 22.70% | 16.71% |