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

SPS Commerce, Inc. (SPSC) Return on equity

Alert me on Return on equity

SPS Commerce, Inc.'s return on equity over the twelve months to 30 September 2026 was 8.79%, down 1.4 percentage points from fiscal 2025 (10.2%). Over the past ten years it has ranged from 0.13% (fiscal 2017) to 11.8% (fiscal 2020); the current reading is higher than 73% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 10.2% 0.09
FY2024 10.1% (0.81)
FY2023 10.9% 0.13
FY2022 10.8% 0.94
FY2021 9.86% (1.90)
FY2020 11.8% 1.75
FY2019 10.0% 2.15
FY2018 7.86% 7.73
FY2017 0.13% (1.98)
FY2016 2.11% (0.06)

Against its own ten years

Low 0.13% High 11.8%
Ten-year median 10.0%
Current reading's percentile 73

Return on equity against peers

Company Return on equity
NATL NCR Atleos Corporation compare 59.7%
VIA Via Transportation Inc. compare 53.3%
ALRM Alarm.com Holdings, Inc. compare 14.2%
AGYS Agilysys, Inc. compare 13.6%
SPSC SPS Commerce, Inc. 8.79%
BULL Webull Corporation compare 4.74%
FSLY Fastly, Inc. compare −6.48%
INTA Intapp, Inc. compare −7.11%
ASAN Asana, Inc. compare −105.4%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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