SPSC
SPS Commerce, Inc.88.15
+1.91+2.21%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.34BP/E (TTM)
39.35Basic EPS (TTM)
2.24Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Board appoints independent director
SPS Commerce expanded its board from seven to eight members on August 18, 2025, appointing Mark Partin as an independent director effective immediately. Partin joins the Audit Committee and will serve until the 2026 annual meeting, receiving standard non-employee compensation. No related arrangements or transactions exist. This bolsters governance oversight.
8-K
SPS Q2 revenue up 22%
SPS Commerce reported Q2 2025 revenue of $187.4 million, up 22% from $153.6 million last year, with recurring revenue surging 24%. Net income hit $19.7 million, or $0.52 per diluted share, while adjusted EBITDA climbed 27% to $56.1 million. Growth stems from robust EDI compliance solutions amid evolving retailer demands. Full-year revenue guidance holds at $759.0 million to $763.0 million. Acquisitions boosted intangibles, yet cash dipped to $107.6 million.
10-Q
Q2 FY2025 results
SPS Commerce posted solid Q2 FY2025 results, with revenue climbing 22% year-over-year to $187.4M, fueled by recurring streams up 24% to $179.1M and acquisitions like Carbon6, closed February 2025 for $210.2M (cash and stock mix), adding $137.9M goodwill and $76.1M finite-lived intangibles amortized over 8-9 years. Gross margin expanded to 68% from 66%, while operating income rose 14% to $26.5M; diluted EPS held steady at $0.52, reconciling cleanly to 38.1M shares with no anti-dilution flags. Acquisitions drove intangible amortization up 96% to $9.5M, yet net income edged 9% higher to $19.7M. Cash dipped to $107.6M after $142.6M spent on deals, but operating cash flow strengthened 14% to $72.3M YTD, yielding $59.5M free cash flow (derived). Acquisitions expand reach, but integration costs pose risks.
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