SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
60.55
-0.16 (-0.26%)
At close: Mar 13, 2026, 4:00 PM EDT
60.55
0.00 (0.00%)
After-hours: Mar 13, 2026, 4:38 PM EDT

SPS Commerce Statistics

Total Valuation

SPS Commerce has a market cap or net worth of $2.26 billion. The enterprise value is $2.14 billion.

Market Cap2.26B
Enterprise Value 2.14B

Important Dates

The next estimated earnings date is Thursday, April 23, 2026, after market close.

Earnings Date Apr 23, 2026
Ex-Dividend Date n/a

Share Statistics

SPS Commerce has 37.39 million shares outstanding. The number of shares has increased by 0.36% in one year.

Current Share Class 37.39M
Shares Outstanding 37.39M
Shares Change (YoY) +0.36%
Shares Change (QoQ) -0.61%
Owned by Insiders (%) 1.26%
Owned by Institutions (%) 103.69%
Float 36.90M

Valuation Ratios

The trailing PE ratio is 24.61 and the forward PE ratio is 13.48.

PE Ratio 24.61
Forward PE 13.48
PS Ratio 3.04
Forward PS 2.79
PB Ratio 2.34
P/TBV Ratio 10.54
P/FCF Ratio 14.98
P/OCF Ratio 12.76
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.10, with an EV/FCF ratio of 14.03.

EV / Earnings 22.89
EV / Sales 2.84
EV / EBITDA 12.10
EV / EBIT 18.06
EV / FCF 14.03

Financial Position

The company has a current ratio of 2.17, with a Debt / Equity ratio of 0.01.

Current Ratio 2.17
Quick Ratio 1.42
Debt / Equity 0.01
Debt / EBITDA 0.04
Debt / FCF 0.05
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 10.21% and return on invested capital (ROIC) is 10.71%.

Return on Equity (ROE) 10.21%
Return on Assets (ROA) 6.72%
Return on Invested Capital (ROIC) 10.71%
Return on Capital Employed (ROCE) 11.65%
Weighted Average Cost of Capital (WACC) 7.69%
Revenue Per Employee $254,920
Profits Per Employee $31,662
Employee Count2,948
Asset Turnover 0.68
Inventory Turnover n/a

Taxes

In the past 12 months, SPS Commerce has paid $30.50 million in taxes.

Income Tax 30.50M
Effective Tax Rate 24.63%

Stock Price Statistics

The stock price has decreased by -52.13% in the last 52 weeks. The beta is 0.63, so SPS Commerce's price volatility has been lower than the market average.

Beta (5Y) 0.63
52-Week Price Change -52.13%
50-Day Moving Average 75.97
200-Day Moving Average 102.19
Relative Strength Index (RSI) 38.05
Average Volume (20 Days) 1,057,631

Short Selling Information

The latest short interest is 2.21 million, so 5.91% of the outstanding shares have been sold short.

Short Interest 2.21M
Short Previous Month 2.13M
Short % of Shares Out 5.91%
Short % of Float 5.99%
Short Ratio (days to cover) 2.90

Income Statement

In the last 12 months, SPS Commerce had revenue of $751.51 million and earned $93.34 million in profits. Earnings per share was $2.46.

Revenue751.51M
Gross Profit 519.88M
Operating Income 118.30M
Pretax Income 123.84M
Net Income 93.34M
EBITDA 176.56M
EBIT 118.30M
Earnings Per Share (EPS) $2.46
Full Income Statement

Balance Sheet

The company has $151.36 million in cash and $7.19 million in debt, with a net cash position of $144.16 million or $3.86 per share.

Cash & Cash Equivalents 151.36M
Total Debt 7.19M
Net Cash 144.16M
Net Cash Per Share $3.86
Equity (Book Value) 973.89M
Book Value Per Share 25.96
Working Capital 180.95M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $178.79 million and capital expenditures -$26.52 million, giving a free cash flow of $152.27 million.

Operating Cash Flow 178.79M
Capital Expenditures -26.52M
Free Cash Flow 152.27M
FCF Per Share $4.07
Full Cash Flow Statement

Margins

Gross margin is 69.18%, with operating and profit margins of 15.74% and 12.42%.

Gross Margin 69.18%
Operating Margin 15.74%
Pretax Margin 16.48%
Profit Margin 12.42%
EBITDA Margin 23.49%
EBIT Margin 15.74%
FCF Margin 20.26%

Dividends & Yields

SPS Commerce does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.36%
Shareholder Yield -0.36%
Earnings Yield 4.09%
FCF Yield 6.68%

Analyst Forecast

The average price target for SPS Commerce is $100.89, which is 66.62% higher than the current price. The consensus rating is "Buy".

Price Target $100.89
Price Target Difference 66.62%
Analyst Consensus Buy
Analyst Count 9
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 23, 2019. It was a forward split with a ratio of 2:1.

Last Split Date Aug 23, 2019
Split Type Forward
Split Ratio 2:1

Scores

SPS Commerce has an Altman Z-Score of 16.32 and a Piotroski F-Score of 5.

Altman Z-Score 16.32
Piotroski F-Score 5