Friday 6 November 2026 Export SPSC’s income statement to Excel — free account

SPS Commerce, Inc.

SPSC Technology Software Application

SPS Commerce, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $751.5 million, up 17.8% from fiscal 2024.

Revenue: +4.08%
EPS: +27.6%
Free cash flow: +7.23%

Quarter to September 2026, against a year earlier

82.46 2.78 −3.26%

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Market cap: $3.0B
P/E: 36.4×
Fwd P/E: 35.4×
Dividend yield: —
F-score: 6/9
Altman Z: 12.01
Beneish M: −2.50
Dividend safety: n/a

Overview

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
ROE Full definition →	+8 more TTM periods Free account	10.21%	9.65%	8.26%	8.79%
Piotroski F-Score Full definition →		6	6	7	8
ROA Full definition →		8.48%	8.01%	6.94%	7.26%
ROIC Full definition →		8.99%	9.04%	8.07%	8.97%
Return on Tangible Assets Full definition →		41.66%	41.32%	34.17%	35.07%
Average Days of Receivables Full definition →		33.11	31.18	30.09	30.96
Free Cash Flow per Share Full definition →		4.02	4.47	5.44	5.64
Free Cash Flow Full definition →		152.27	166.92	198.70	202.64
Capital Expenditures Full definition →		(26.52)	(27.51)	(29.45)	(28.90)
Other line items
Cash ROIC Full definition →		13.53%	14.95%	17.87%	18.15%
Accounts Receivable Turnover Full definition →		12.50	11.86	11.78	11.68
Accounts Payable Turnover Full definition →		20.74	18.19	22.11	20.53
Inventory Turnover Full definition →		0.00	0.00	0.00	0.00
Average Days of Payables Full definition →		21.68	22.57	14.85	15.53
Days of Inventory on Hand Full definition →		0.00	0.00	0.00	0.00
Tax Rate Full definition →		(0.25)	(0.25)	(0.26)	(0.27)
Research and Development Expense of Revenue Full definition →		9.14%	9.07%	8.91%	8.73%
Selling, General and Administrative Expense of Revenue Full definition →		39.35%	39.91%	40.19%	39.83%
Share Based Compensation of Revenue Full definition →		7.15%	7.60%	7.98%	8.06%
Operating CF/Net income Full definition →		1.92	2.14	2.92	2.79
Depreciation/Fixed assets Full definition →		1.35	1.30	1.38	1.40
Capex/Depreciation Full definition →		(0.46)	(0.46)	(0.48)	(0.47)
Revenue per Share Full definition →		19.84	20.39	21.15	21.73
Operating CF per Share Full definition →		4.72	5.20	6.24	6.45
Capex per Share Full definition →		(0.70)	(0.74)	(0.81)	(0.80)
Capex to Sales Full definition →		0.04	0.04	0.04	0.04

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Columns are period end dates · fundamentals updated 2 Nov 2026

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