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
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SPS Commerce, Inc. (SPSC) Free cash flow
SPS Commerce, Inc.'s free cash flow for fiscal 2025 was $152.3M, up 10.9% from $137.4M in fiscal 2024. Over the twelve months to 30 September 2026 it was $202.6M. Over the past ten years it has ranged from $5.7M (fiscal 2015) to $152.3M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. SPS Commerce, Inc. ranks 64th of 222 Software Application companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $152.3M | 10.86% |
| FY2024 | $137.4M | 22.05% |
| FY2023 | $112.5M | 40.37% |
| FY2022 | $80.2M | (14.08%) |
| FY2021 | $93.3M | 29.42% |
| FY2020 | $72.1M | 23.86% |
| FY2019 | $58.2M | 41.06% |
| FY2018 | $41.3M | 73.54% |
| FY2017 | $23.8M | 121.06% |
| FY2016 | $10.8M | 89.65% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $58.5M | 1.85% |
| Jun 2026 | $57.4M | 18.44% |
| Mar 2026 | $48.5M | 26.87% |
| Dec 2025 | $38.2M | (29.94%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| BULL Webull Corporation compare | $759.0M |
| NATL NCR Atleos Corporation compare | $309.0M |
| ASAN Asana, Inc. compare | $245.6M |
| SPSC SPS Commerce, Inc. | $202.6M |
| ALRM Alarm.com Holdings, Inc. compare | $186.6M |
| INTA Intapp, Inc. compare | $151.5M |
| FSLY Fastly, Inc. compare | $130.6M |
| AGYS Agilysys, Inc. compare | $80.3M |
| VIA Via Transportation Inc. compare | −$48.3M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on SPSC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement