Stocks Technology SPSC
NASDAQ · TechnologySps Commerce Inc (SPSC)
Sps Commerce Inc brought in $780.2M of revenue over the twelve months to September 30, 2026, up 6.9% from a year earlier. Net income was $83.1M, a net margin of 10.7%. Operating cash flow minus capital spending left $152.3M of free cash flow in fiscal 2025. At September 30, 2026 it held $153.8M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about Sps Commerce Inc
- Net worth
- Sps Commerce Inc has a market value (market cap) of $2.9B at the latest share price, and shareholders' equity of $932.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $751.5M (+17.8% year on year), with net income of $93.3M. Over the 12 months to September 30, 2026: revenue $780.2M, net income $83.1M.
- Cash flow
- In fiscal 2025 operations brought in $178.8M of cash; after $26.5M of capital spending, free cash flow was $152.3M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Sps Commerce Inc's next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Sps Commerce Inc does
Sps Commerce Inc is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NASDAQ under the ticker SPSC.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $751.5M | $93.3M | $2.46 | $152.3M |
| 2024 | $637.8M | $77.1M | $2.04 | $137.4M |
| 2023 | $536.9M | $65.8M | $1.76 | $112.5M |
| 2022 | $450.9M | $55.1M | $1.49 | $80.2M |
| 2021 | $385.3M | $44.6M | $1.21 | $93.3M |
| 2020 | $312.6M | $45.6M | $1.26 | $72.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where SPSC ranks in Technology
Latest SEC filings
What Sps Commerce Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 4.1% to $197.6M versus the same quarter last year; diluted EPS $0.85 versus $0.67.
- October 29, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- July 30, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 5.6% to $197.8M versus the same quarter last year; diluted EPS $0.19 versus $0.52.
- July 30, 2026
- July 21, 2026Quarterly report (amended) 10-Q/A · period to March 31, 2026Revenue rose 5.8% to $192.1M versus the same quarter last year; diluted EPS $0.53 versus $0.58.
- June 29, 2026
- May 28, 2026
- May 21, 2026
- May 15, 2026Additional proxy material DEFA14A
What is SPSC worth? A DCF from its reported cash flow
Insider trades
What the people running Sps Commerce Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $394K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | Reaume Marty MDirector | Exercised options | 4,536 | $267.6K |
| November 3, 2026 | Reaume Marty MDirector | Sold | 4,536 | $394K |
| May 28, 2026 | Ward Anne SempowskiDirector | Received as pay | 3,736 | - |
| May 28, 2026 | Chima Fumbi F.Director | Received as pay | 3,736 | - |
| May 28, 2026 | Soran PhilipDirector | Received as pay | 3,736 | - |
| May 28, 2026 | Reller TamiDirector | Received as pay | 3,736 | - |
| May 28, 2026 | Reaume Marty MDirector | Received as pay | 3,736 | - |
| May 28, 2026 | Partin MarkDirector | Received as pay | 3,736 | - |
Who owns SPSC
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 8.01% | April 29, 2026 |
| Disciplined Growth Investors Inc13G, passive | 5.9% | August 14, 2026 |
| Vanguard Capital Management13G, passive | 5.3% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 318 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 5,934,211 | +105,575 |
| Vanguard Portfolio Management LLC | 2,914,709 | -44,130 |
| Disciplined Growth Investors Inc | 2,123,881 | +1,312,943 |
| Neuberger Berman Group LLC | 1,780,876 | -9,422 |
| Vanguard Capital Management LLC | 1,598,383 | -99,740 |
| State Street Corp | 1,545,696 | +45,886 |
| Geode Capital Management, LLC | 1,266,247 | +268,288 |
| Goldman Sachs Group Inc | 1,107,434 | +38,218 |
| Morgan Stanley | 997,970 | +37,090 |
| Jupiter Topco LLC | 984,427 | new |
| Engine Capital Management, LP | 916,380 | new |
| Citadel Advisors LLC | 913,868 | +628 |
| Federated Hermes, Inc. | 901,632 | +162,683 |
| Invenomic Capital Management LP | 869,410 | +605,315 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 760,700 | +50,362 |
| Anson Funds Management LP | 745,000 | -405,000 |
| Lightrock Netherlands B.V. | 613,169 | +171,500 |
| Irenic Capital Management LP | 597,704 | 0 |
| Charles Schwab Investment Management Inc | 542,524 | +41,713 |
| Arrowstreet Capital, Limited Partnership | 509,490 | +154,952 |
Insiders
13 insiders reported holding 833,884 shares in total, about $67.3M at the last price.
| Holder | Shares |
|---|---|
| Nelson Kimberly K.EVP & CFO | 185,141 |
| Collins ChadwickChief Executive Officer, Director | 174,173 |
| Del Preto JosephEXECUTIVE VP AND CFO | 141,707 |
| Rosini EduardoEVP, Chief Commercial Officer | 109,860 |
| Thingelstad JamieEVP, Chief Technology Officer | 95,777 |
| Reller TamiDirector | 54,908 |
| Soran PhilipDirector | 25,913 |
| Reaume Marty MDirector | 12,894 |
| Ward Anne SempowskiDirector | 7,870 |
| Chima Fumbi F.Director | 7,187 |
Questions about SPSC
What does Sps Commerce Inc do?
Sps Commerce Inc is a company in the Technology sector, listed on NASDAQ as SPSC. Its shares trade on NASDAQ under the ticker SPSC.
What is Sps Commerce Inc's net worth?
Sps Commerce Inc has a market value (market cap) of $2.9B at the latest share price, and shareholders' equity of $932.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Sps Commerce Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $83.1M on revenue of $780.2M, a net margin of 10.7%.
How much revenue does Sps Commerce Inc make?
Over the twelve months to September 30, 2026 Sps Commerce Inc reported revenue of $780.2M. That is 6.9% more than a year earlier.
When did Sps Commerce Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the planned insider sale from November 6, 2026.
When is Sps Commerce Inc's next earnings report?
Sps Commerce Inc's next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Sps Commerce Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.