SPSC
Sps Commerce Inc Information Technology Services-Prepackaged Software Russell 3000
$82.99Close
$3.1BMarket cap
$49.91 – $103.8952-week range
Late-januaryNext report · estimated
Highlights
Strengths
- Earnings growing EPS +26% year on year, faster than the quarter before (+90 pts)
Cautions
- Not in an uptrend 4 of 8 trend conditions
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
20%
1wk
down 10.4%
price change
1mo
up 0.7%
price change
12-month return
down 20%
market up 11% ·
its own down 32%
F-score
6 / 9
Mixed
Altman Z″
8.11
Low risk
P/E
33.4×
price / earnings
PEG
1.61
P/E / EPS growth
P/B
3.2×
price / book
Earnings yield
up 4.0%
EBIT / enterprise value
Cheaper than
58%
of the market · around average
Revenue growth
up 18%
year on year
EPS growth
up 26%
latest quarter · +90 pts
Sales growth
up 4%
latest quarter · -1 pts
ROE
up 10%
return on equity
Free cash margin
up 20%
$152.3M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-1.1×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- profitability slipped from last year
- short-term liquidity weakened
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- no new shares issued
- gross margin widened
Repair signals
- Gross margin 67.0% → 69.2%
Trade setup
ATR%
3.8%
$3.16 a day · 2×ATR $76.67
RS
56 / 99
vs the universe
Trend
4 / 8
trend template
Relative volume
1.3×
vs 50-day average
Up/down volume
1.01
50 sessions
Implied move
—
no scheduled report
Trend template · 4 of 8
- Price above the 150 and 200-day averages: passes
- 150-day average above the 200-day: fails
- 200-day average rising for a month: fails
- 50-day average above the 150 and 200-day: passes
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 29, 2026
Results reaction
Oct 29, 2026-1% vs market2 sessions after results
Financials
- Gross 69%
- Net 12%
- Free cash 20%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $312.6M | $385.3M | $450.9M | $536.9M | $637.8M | $751.5M |
| Gross margin | 68% | 66% | 66% | 66% | 67% | 69% |
| Operating income | $50.2M | $55.1M | $71.2M | $77.2M | $88.9M | $118.3M |
| Net income | $45.6M | $44.6M | $55.1M | $65.8M | $77.1M | $93.3M |
| Net margin | 15% | 12% | 12% | 12% | 12% | 12% |
| Earnings per share | $1.26 | $1.21 | $1.49 | $1.76 | $2.04 | $2.46 |
| Free cash flow | $72.1M | $93.3M | $80.2M | $112.5M | $137.4M | $152.3M |
| Free cash margin | 23% | 24% | 18% | 21% | 22% | 20% |
| Cash | $149.7M | $207.6M | $162.9M | $219.1M | $241.0M | $151.4M |
| Shareholders' equity | $420.7M | $484.3M | $537.1M | $667.5M | $854.7M | $973.9M |
| Shares outstanding | 35.49m | 36.01m | 36.16m | 36.82m | 37.66m | 37.52m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 29, 2026 | Quarterly ↗ | Sep 30, 2026 | 29d |
| Jul 30, 2026 | Quarterly ↗ | Jun 30, 2026 | 30d |
| Apr 30, 2026 | Quarterly ↗ | Mar 31, 2026 | 30d |
| Feb 19, 2026 | Annual ↗ | Dec 31, 2025 | 50d |
| Oct 30, 2025 | Quarterly ↗ | Sep 30, 2025 | 30d |
| Jul 30, 2025 | Quarterly ↗ | Jun 30, 2025 | 30d |
| Apr 24, 2025 | Quarterly ↗ | Mar 31, 2025 | 24d |
| Feb 19, 2025 | Annual ↗ | Dec 31, 2024 | 50d |
| Oct 24, 2024 | Quarterly ↗ | Sep 30, 2024 | 24d |
| Jul 25, 2024 | Quarterly ↗ | Jun 30, 2024 | 25d |
| Apr 25, 2024 | Quarterly ↗ | Mar 31, 2024 | 25d |
| Feb 21, 2024 | Annual ↗ | Dec 31, 2023 | 52d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Results ↗ |
| Jul 30, 2026 | Results ↗ |
| May 28, 2026 | Shareholder vote ↗ |
| May 21, 2026 | Director or officer change ↗ |
| Apr 30, 2026 | Results ↗ |
| Apr 14, 2026 | Director or officer change ↗ |
| Feb 12, 2026 | Material agreement · Director or officer change · Regulation FD ↗ |
| Feb 12, 2026 | Results · Director or officer change · Regulation FD · Other events ↗ |
| Oct 30, 2025 | Results · Director or officer change · Other events ↗ |
| Aug 20, 2025 | Director or officer change ↗ |
| Jul 30, 2025 | Results ↗ |
| May 13, 2025 | Shareholder vote ↗ |