SPSC
SPS Commerce Inc
NASDAQ: SPSC · TECHNOLOGY · SOFTWARE - APPLICATION
$56.12
+1.70% today
Updated 2026-04-30
Market cap
$2.07B
P/E ratio
22.48
P/S ratio
2.75x
EPS (TTM)
$2.46
Dividend yield
—
52W range
$51 – $153
Volume
0.7M
SPS Commerce Inc (SPSC) Financial statements
SEC filings — annual and quarterly data.
Profit margin
12.40%
Operating margin
18.00%
ROE
10.20%
ROA
6.72%
Debt/equity
0.01x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2007 | $25.20M | $-2.16M | 74.68% | -7.23% | -8.56% |
| 2008 | $30.70M | $-1.90M | 70.00% | -4.59% | -6.17% |
| 2009 | $37.75M | $1.16M | 68.96% | 4.98% | 3.08% |
| 2010 | $44.60M | $2.88M | 71.69% | 6.81% | 6.47% |
| 2011 | $57.97M | $13.70M | 73.49% | 1.96% | 23.64% |
| 2012 | $77.11M | $1.22M | 71.42% | 2.04% | 1.58% |
| 2013 | $104.39M | $1.05M | 69.56% | 1.70% | 1.01% |
| 2014 | $127.95M | $2.70M | 68.74% | 3.43% | 2.11% |
| 2015 | $158.52M | $4.64M | 68.43% | 4.43% | 2.93% |
| 2016 | $193.29M | $5.71M | 66.71% | 3.89% | 2.95% |
| 2017 | $220.57M | $-2.44M | 66.62% | 3.82% | -1.11% |
| 2018 | $248.24M | $23.87M | 67.07% | 10.77% | 9.62% |
| 2019 | $279.12M | $33.71M | 66.95% | 13.76% | 12.08% |
| 2020 | $312.63M | $45.59M | 68.07% | 16.04% | 14.58% |
| 2021 | $385.28M | $44.60M | 65.82% | 14.30% | 11.58% |
| 2022 | $450.88M | $55.13M | 66.05% | 15.79% | 12.23% |
| 2023 | $536.91M | $65.82M | 66.09% | 14.39% | 12.26% |
| 2024 | $637.76M | $77.05M | 66.96% | 13.94% | 12.08% |
| 2025 | $751.50M | $93.34M | 64.23% | 15.74% | 12.42% |