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SPS Commerce, Inc.

Data quality: 83%
SPSC
NASDAQ Technology Software - Infrastructure
$58.41
▲ $0.46 (0.79%)
Mkt Cap: 2.20B
Day Range
$58.00 $59.73
52-Week Range
$52.56 $153.16
Volume
747,570
50D / 200D Avg
$72.86 / $100.13
Prev Close
$57.95

Price History

Financial Trends

Peer Comparison

vs Technology sector median (620 peers)

Metric Stock Sector Median
P/E 23.6 12.6
P/B 2.3 3.0
ROE % 10.2 8.9
Net Margin % 12.4 5.6
Rev Growth 5Y % 18.2 9.2
D/E 0.0 0.3

Analyst Price Target

Hold
$85.63 +46.6%
Low: $65.00 High: $110.00
Forward P/E
13.0
Forward EPS
$4.49
EPS Growth (est.)
+0.0%
Est. Revenue
800 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2029 $6.84
$6.81 – $6.87
1 B 1
FY2028 $5.88
$5.61 – $6.23
930 M 3
FY2027 $5.07
$4.82 – $5.41
860 M 5

Key Takeaways

Revenue grew 18.18% annually over 5 years — strong growth
Earnings grew 21.13% over the past year
ROE of 10.21% — decent returns on equity
Debt/Equity of 0.01 — conservative balance sheet

Growth

Revenue Growth (5Y)
18.18%
Revenue (1Y)17.83%
Earnings (1Y)21.13%
FCF Growth (3Y)N/A

Quality

Return on Equity
10.21%
ROIC9.02%
Net Margin12.42%
Op. Margin15.74%

Safety

Debt / Equity
0.01
Current Ratio1.74
Interest Coverage0.00

Valuation

P/E Ratio
23.60
P/B Ratio2.26
EV/EBITDA17.42
Dividend Yield0.00%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 17.83% Revenue Growth (3Y) 18.31%
Earnings Growth (1Y) 21.13% Earnings Growth (3Y) 19.08%
Revenue Growth (5Y) 18.18% Earnings Growth (5Y) 20.28%
Profitability
Revenue (TTM) 751.51M Net Income (TTM) 93.34M
ROE 10.21% ROA 7.98%
Gross Margin 64.23% Operating Margin 15.74%
Net Margin 12.42% Free Cash Flow (TTM) N/A
ROIC 9.02% FCF Growth (3Y) N/A
Safety
Debt / Equity 0.01 Current Ratio 1.74
Interest Coverage 0.00 Dividend Yield 0.00%
Valuation
P/E Ratio 23.60 P/B Ratio 2.26
P/S Ratio 2.93 PEG Ratio 1.92
EV/EBITDA 17.42 Dividend Yield 0.00%
Market Cap 2.20B Enterprise Value 2.06B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 751.51M 637.77M 536.91M 450.88M 385.28M
Net Income 93.34M 77.05M 65.82M 55.13M 44.60M
EPS (Diluted) 2.46 2.04 1.76 1.49 1.21
Gross Profit 482.71M 427.05M 354.84M 297.81M 253.60M
Operating Income 118.30M 88.88M 77.25M 71.18M 55.09M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 1.17B 1.03B 823.84M 672.91M 615.85M
Total Liabilities 195.97M 176.54M 156.37M 135.84M 131.59M
Shareholders' Equity 973.89M 854.69M 667.48M 537.07M 484.26M
Total Debt 10.03M 12.47M 14.03M 17.29M 20.53M
Cash & Equivalents 151.36M 241.02M 219.08M 162.89M 207.55M
Current Assets 268.61M 381.91M 401.44M 322.81M 352.44M
Current Liabilities 154.35M 146.68M 130.67M 110.64M 102.87M