Inside the research

SPS Commerce, Inc.

SPSC Research profile · latest available data

Price overview

$81.30

▼ -1.39 (-1.7%)

52w hi$113.04
52w lo$49.91
Vol731.00K
As of25 Sep 2026

The Verdict

Hold

Our score +0.29

Short-0.04
Medium+0.60
Long+0.30

computed 2026-09-27

Key fundamentals

SPS Commerce, Inc.

Technology · Software - Application

Market cap$2.93B
Enterprise value$2.76B
Trailing P/E39.09x
Forward P/E15.27x
EV / EBITDA15.06x
P / S (ttm)3.79x
Profit margin10.1%
Return on equity8.3%
Revenue growth+5.6%
Earnings growth-63.9%
Debt / equity0.67

Layer Breakdown

LayerRawContribution
Fundamental+0.10
Sector+0.19
Technical+0.20
Earnings+0.00
Sentiment-0.25

macro × 1.00 · 2026-09-27

Business overview

SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery through fully automated operations; and Analytics product that simplifies managing sell-through data from customers business partners that handle data acquisition, cleansing, normalization, and delivery. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies through single connection across all sales channels; and relationship management product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management, onboarding programs, and supplier score carding. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

United States · www.spscommerce.com

Risk Metrics

Beta vs SPX0.95
Corr SPX0.34
Annual vol45.0%
Annual ret-33.2%
Sharpe-0.74
Max DD-74.9%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-07-30Earnings Release, Exhibitsread
2026-05-28Shareholder Vote, Exhibitsread
2026-05-21Officer / Director Changeread
2026-04-30Earnings Release, Exhibitsread
2026-04-14Officer / Director Change, Exhibitsread
2026-02-12Material Agreement, Officer / Director Change…read
2026-02-12Earnings Release, Officer / Director Change…read
2025-10-30Earnings Release, Officer / Director Change…read
2025-08-20Officer / Director Changeread
2025-07-30Earnings Release, Exhibitsread
2025-05-13Shareholder Vote, Exhibitsread
2025-04-24Earnings Release, Exhibitsread

SEC Filings

DateFormDoc
2026-07-3010-Qview
2026-07-308-Kview
2026-07-2110-Q/Aview
2026-06-2911-Kview
2026-06-014view
2026-06-014view
2026-06-014view
2026-06-014view
2026-06-014view
2026-06-014view
2026-06-014view
2026-06-014view
2026-05-288-Kview
2026-05-218-Kview
2026-05-15DEFA14Aview

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$751.50M+23.8%
Gross profit$354.84M+18.8%
Operating income$118.30M+34.4%
Net income$93.34M+40.1%
Cash from ops$132.30M+39.0%

Indices

S&P SmallCap 600

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$82.93$83.49$81.19$81.30731.00K
Sep 24$81.86$83.17$81.10$82.69339.20K
Sep 23$81.32$82.06$80.38$81.29311.20K
Sep 22$83.31$83.41$79.00$81.48403.30K
Sep 21$80.74$82.27$79.74$81.65452.30K

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