stockrowSPS 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) Operating margin
SPS Commerce, Inc.'s operating margin over the twelve months to 30 September 2026 was 13.8%, down 2.0 percentage points from fiscal 2025 (15.7%). Over the past ten years it has ranged from 3.31% (fiscal 2016) to 16.0% (fiscal 2020); the current reading is higher than 82% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.02%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 15.7% | 1.80 |
| FY2024 | 13.9% | (0.45) |
| FY2023 | 14.4% | (1.40) |
| FY2022 | 15.8% | 1.49 |
| FY2021 | 14.3% | (1.74) |
| FY2020 | 16.0% | 2.28 |
| FY2019 | 13.8% | 2.99 |
| FY2018 | 10.8% | 6.23 |
| FY2017 | 4.54% | 1.23 |
| FY2016 | 3.31% | (1.12) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 20.2% | 15.95 |
| Jun 2026 | 4.25% | (8.53) |
| Mar 2026 | 12.8% | (5.22) |
| Dec 2025 | 18.0% | 1.58 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| AGYS Agilysys, Inc. compare | 14.3% |
| SPSC SPS Commerce, Inc. | 13.8% |
| NATL NCR Atleos Corporation compare | 13.2% |
| ALRM Alarm.com Holdings, Inc. compare | 12.8% |
| BULL Webull Corporation compare | 12.4% |
| INTA Intapp, Inc. compare | −4.45% |
| FSLY Fastly, Inc. compare | −9.00% |
| VIA Via Transportation Inc. compare | −18.0% |
| ASAN Asana, Inc. compare | −19.4% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.02% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on SPSC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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