Pricing Log in Create free account
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%
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
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

SPS Commerce, Inc. (SPSC) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, SPS Commerce, Inc. (SPSC) trades at a EV/FCF of 13.7×. Over the past ten years it has ranged from 9.6× (June 2026) to 493× (October 2015); the current reading is higher than 4% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 21.2× (56.08%)
FY2024 48.2× (16.24%)
FY2023 57.6× 4.68%
FY2022 55.0× 5.65%
FY2021 52.1× 3.17%
FY2020 50.5× 70.02%
FY2019 29.7× (1.10%)
FY2018 30.0× 5.84%
FY2017 28.4× (70.63%)
FY2016 96.5× (47.05%)

Quarterly newest first

Period EV/FCF Change
Sep 2026 13.7× 42.11%
Jun 2026 9.6× (16.48%)
Mar 2026 11.5× (45.50%)
Dec 2025 21.2× (17.56%)
43 more quarters

Against its own ten years

Low 9.6× High 493×
Ten-year median 48.4×
Current reading's percentile 4

EV/FCF against peers

Company EV/FCF
VIA Via Transportation Inc. compare −57.1×
BULL Webull Corporation compare 1.0×
ASAN Asana, Inc. compare 9.2×
SPSC SPS Commerce, Inc. 13.7×
NATL NCR Atleos Corporation compare 17.8×
ALRM Alarm.com Holdings, Inc. compare 21.3×
INTA Intapp, Inc. compare 23.0×
AGYS Agilysys, Inc. compare 40.4×
FSLY Fastly, Inc. compare 56.7×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on SPSC