SPS Commerce, Inc.
105.18-4.81 (-4.37%)
Oct 29, 4:00:00 PM EDT · NasdaqGS · SPSC · USD
Key Stats
Market Cap
3.99BP/E (TTM)
48.25Basic EPS (TTM)
2.18Dividend Yield
0%Recent Filings
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.
8-K
Annual meeting elects board
SPS Commerce's stockholders, at the May 13, 2025 annual meeting, elected Chad Collins, Razat Gaurav, Marty Réaume, Tami Reller, Philip Soran, Anne Sempowski Ward, and Sven Wehrwein to the board until 2026. They ratified KPMG LLP as independent auditor for the year ending December 31, 2025, with 34.6 million votes for. Say-on-pay compensation won advisory approval, and investors favored annual frequency votes. Board continuity strengthens governance amid steady shareholder support.
8-K
Q1 revenue up 21%
SPS Commerce reported first-quarter 2025 revenue of $181.5 million, up 21% from $149.6 million a year ago, with recurring revenue surging 23%. Net income climbed to $22.2 million, or $0.58 per diluted share, while adjusted EBITDA rose 22% to $54.4 million. The company repurchased $40 million in shares amid a $141.6 million acquisition. Growth persists. Full-year revenue guidance holds at $758.5 million to $763.0 million, signaling resilience despite macro headwinds.
IPO
Website
Employees
Sector
Industry
CMRC
Commerce.com, Inc. - Series 1
4.74-0.14
CRM
Salesforce, Inc.
251.46-2.80
CXM
Sprinklr, Inc.
7.60-0.16
HUBS
HubSpot, Inc.
466.12-3.50
LSPD
Lightspeed Commerce Inc. Subord
12.22-0.38
SAP
SAP SE
259.64-10.42
SPT
Sprout Social, Inc
10.42-0.54
TRAK
ReposiTrak, Inc.
15.04-0.42
VTEX
VTEX
4.42-0.11
YAAS
Youxin Technology Ltd
2.43-0.03