NASDAQ:SPSC
Sps Commerce Inc.
Sps Commerce Inc.'s revenue grew 17.8% in fiscal 2025 to $751.5M while operating margin rose to 15.7%. Free cash flow was $152.3M, 20.3% of revenue.Summary generated from Sps Commerce Inc.'s SEC filings. Latest annual report filed Feb 19, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$751.5M
Revenue growth+17.8%
Revenue, 5-yr CAGR+19.2%
Gross margin69.2%
Operating margin15.7%
Net margin12.4%
ROICn/a
Return on equity10.2%
Debt / equityn/a
Free cash flow$152.3M
FCF margin20.3%
Share count change+0.4%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 385 | 451 | 537 | 638 | 752 |
| Operating income | 55 | 71 | 77 | 89 | 118 |
| Net income | 45 | 55 | 66 | 77 | 93 |
| Free cash flow | 93 | 80 | 113 | 137 | 152 |
Recent filings
- 10-QQuarterly report for the period ended Jun 30, 2026
Jul 30, 2026 - 8-KResults of operations and financial condition
Jul 30, 2026 - 10-Q/AAmended quarterly report for the period ended Mar 31, 2026
Jul 21, 2026 - 4Insider transaction report
Jun 1, 2026 - 4Insider transaction report
Jun 1, 2026 - 8-KResults of a shareholder vote
May 28, 2026 - 8-KDirector or officer change
May 21, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 30, 2026