SPS Financial Statements From 2010 to 2025

SPSC Stock  USD 128.61  0.30  0.23%   
SPS Commerce financial statements provide useful quarterly and yearly information to potential SPS Commerce investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on SPS Commerce financial statements helps investors assess SPS Commerce's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting SPS Commerce's valuation are summarized below:
Gross Profit
427.1 M
Profit Margin
0.1208
Market Capitalization
4.9 B
Enterprise Value Revenue
7.3076
Revenue
637.8 M
We have found one hundred twenty available fundamental trend indicators for SPS Commerce, which can be analyzed and compared to other ratios and to its competition. Investors should ensure to double-check all of SPS Commerce's current performance against the performance from 2010 to 2025 to make sure the company is sustainable for the next two years.

SPS Commerce Total Revenue

669.65 Million

Check SPS Commerce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPS Commerce's main balance sheet or income statement drivers, such as Depreciation And Amortization of 40.3 M, Interest Expense of 155.1 K or Selling General Administrative of 108.1 M, as well as many indicators such as Price To Sales Ratio of 5.39, Dividend Yield of 0.0 or PTB Ratio of 4.05. SPS financial statements analysis is a perfect complement when working with SPS Commerce Valuation or Volatility modules.
  
Check out the analysis of SPS Commerce Correlation against competitors.
For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.

SPS Commerce Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.1 BB450.4 M
Slightly volatile
Short and Long Term Debt Total13.5 M12.5 M20 M
Pretty Stable
Other Current Liabilities62.2 M59.3 M26.8 M
Slightly volatile
Total Current Liabilities154 M146.7 M64.3 M
Slightly volatile
Property Plant And Equipment Net48 M45.7 M25.5 M
Slightly volatile
Current Deferred Revenue78 M74.3 M30.3 M
Slightly volatile
Accounts Payable4.4 M8.6 M4.6 M
Slightly volatile
Cash126.4 M241 M134.1 M
Slightly volatile
Non Current Assets Total681.8 M649.3 M218.1 M
Slightly volatile
Non Currrent Assets Other23.7 M22.6 M8.4 M
Slightly volatile
Cash And Short Term Investments147.6 M241 M157 M
Slightly volatile
Net Receivables54.6 M52 M27.1 M
Slightly volatile
Good Will419.1 M399.2 M119.9 M
Slightly volatile
Common Stock Total Equity45.9 K43.7 K25.3 K
Slightly volatile
Common Stock Shares Outstanding33 M37.9 M33.2 M
Slightly volatile
Liabilities And Stockholders Equity1.1 BB450.4 M
Slightly volatile
Non Current Liabilities Total21.3 M29.9 M22 M
Very volatile
Other Current Assets93.3 M88.9 M32.7 M
Slightly volatile
Other Stockholder Equity267.9 M528.2 M282.1 M
Slightly volatile
Total Liabilities185.4 M176.5 M86.9 M
Slightly volatile
Property Plant And Equipment Gross140.2 M133.5 M42.1 M
Slightly volatile
Total Current Assets207.5 M381.9 M220.1 M
Slightly volatile
Short Term Debt4.2 M4.6 M4.8 M
Pretty Stable
Intangible Assets190.4 M181.3 M52.9 M
Slightly volatile
Common Stock23.9 K40 K23.8 K
Slightly volatile
Other Liabilities10.4 M14 M10.6 M
Pretty Stable
Other Assets17.5 M22.8 M18.4 M
Slightly volatile
Property Plant Equipment42.8 M40.8 M21.8 M
Slightly volatile
Net Tangible Assets205.4 M289.2 M189.7 M
Slightly volatile
Capital Surpluse332.2 M547.5 M318.1 M
Slightly volatile
Deferred Long Term Liabilities8.2 M6.7 M9.5 M
Pretty Stable
Deferred Long Term Asset Charges18.3 M20 M16.8 M
Slightly volatile
Net Invested Capital538.3 M854.7 M399.4 M
Slightly volatile
Net Working Capital240.9 M235.2 M201.7 M
Slightly volatile
Capital Stock38.7 K40 K26.8 K
Slightly volatile
Non Current Liabilities Other228.9 K241 K7.6 M
Pretty Stable
Capital Lease Obligations14.8 M12.5 M21.3 M
Slightly volatile

SPS Commerce Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization40.3 M38.4 M13.7 M
Slightly volatile
Selling General Administrative108.1 M102.9 M45 M
Slightly volatile
Selling And Marketing Expenses156.4 M148.9 M73.9 M
Slightly volatile
Total Revenue669.7 M637.8 M280.3 M
Slightly volatile
Gross Profit448.4 M427.1 M188.1 M
Slightly volatile
Other Operating Expenses576.3 M548.9 M246.1 M
Slightly volatile
Research Development65.9 M62.8 M28.4 M
Slightly volatile
EBITDA93.3 M88.9 M45.2 M
Slightly volatile
Cost Of Revenue221.2 M210.7 M92.3 M
Slightly volatile
Total Operating Expenses355.1 M338.2 M153.9 M
Slightly volatile
Tax Provision23.5 M22.4 M8.6 M
Slightly volatile
Interest Income1.5 M1.3 M954.8 K
Slightly volatile
Net Interest Income1.8 M1.3 M1.1 M
Slightly volatile
Reconciled Depreciation25.9 M42.2 M18.5 M
Slightly volatile

SPS Commerce Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation57.3 M54.6 M19.1 M
Slightly volatile
Begin Period Cash Flow111.8 M219.1 M120.5 M
Slightly volatile
Depreciation44.3 M42.2 M17.6 M
Slightly volatile
Other Non Cash Items8.7 M8.3 M3.1 M
Slightly volatile
Capital Expenditures10.6 M20 M11.3 M
Slightly volatile
End Period Cash Flow126.4 M241 M134.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.3910.76257.727
Slightly volatile
Days Sales Outstanding46.4929.780241.3222
Slightly volatile
Stock Based Compensation To Revenue0.08980.08550.0537
Slightly volatile
Capex To Depreciation0.870.47470.8044
Slightly volatile
EV To Sales10.9210.40417.5314
Slightly volatile
Inventory Turnover3.223.343.0655
Slightly volatile
Days Of Inventory On Hand82.4911390.9794
Slightly volatile
Payables Turnover13.0624.567317.1254
Slightly volatile
Sales General And Administrative To Revenue0.190.16140.1681
Slightly volatile
Average Inventory5.7 M5.5 M4.9 M
Slightly volatile
Research And Ddevelopement To Revenue0.120.09850.1062
Slightly volatile
Capex To Revenue0.03660.03140.0479
Slightly volatile
Cash Per Share4.266.46055.1408
Slightly volatile
Days Payables Outstanding29.0214.857125.0802
Slightly volatile
Intangibles To Total Assets0.590.56290.2974
Slightly volatile
Current Ratio4.722.60364.588
Slightly volatile
Receivables Turnover7.1512.25659.0945
Slightly volatile
Graham Number34.2632.629813.7747
Slightly volatile
Capex Per Share0.590.53730.4503
Very volatile
Revenue Per Share15.8617.095510.1914
Pretty Stable
Interest Debt Per Share0.320.33420.9838
Slightly volatile
Debt To Assets0.01150.01210.0539
Slightly volatile
Enterprise Value Over EBITDA61.5974.65365.1263
Slightly volatile
Operating Cycle28.2929.7802111
Very volatile
Days Of Payables Outstanding29.0214.857125.0802
Slightly volatile
Ebt Per Ebit0.821.11921.0249
Very volatile
Quick Ratio4.422.60364.2693
Slightly volatile
Cash Ratio3.091.64313.0224
Slightly volatile
Days Of Inventory Outstanding82.4911390.9794
Slightly volatile
Days Of Sales Outstanding46.4929.780241.3222
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.920.87260.785
Very volatile
Fixed Asset Turnover12.7513.943611.2015
Very volatile
Enterprise Value Multiple61.5974.65365.1263
Slightly volatile
Debt Ratio0.01150.01210.0539
Slightly volatile
Price Sales Ratio5.3910.76257.727
Slightly volatile
Asset Turnover0.850.61850.6644
Pretty Stable
Gross Profit Margin0.760.66960.6892
Slightly volatile

SPS Commerce Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.2 M3.6 M3.9 M
Slightly volatile
Enterprise Value3.8 M4.2 M4.6 M
Slightly volatile

SPS Fundamental Market Drivers

Forward Price Earnings67.1141
Cash And Short Term Investments241 M

SPS Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About SPS Commerce Financial Statements

SPS Commerce stakeholders use historical fundamental indicators, such as SPS Commerce's revenue or net income, to determine how well the company is positioned to perform in the future. Although SPS Commerce investors may analyze each financial statement separately, they are all interrelated. For example, changes in SPS Commerce's assets and liabilities are reflected in the revenues and expenses on SPS Commerce's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SPS Commerce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue74.3 M78 M
Total Revenue637.8 M669.7 M
Cost Of Revenue210.7 M221.2 M
Stock Based Compensation To Revenue 0.09  0.09 
Sales General And Administrative To Revenue 0.16  0.19 
Research And Ddevelopement To Revenue 0.10  0.12 
Capex To Revenue 0.03  0.04 
Revenue Per Share 17.10  15.86 
Ebit Per Revenue 0.14  0.15 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether SPS Commerce offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPS Commerce's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sps Commerce Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sps Commerce Stock:
Check out the analysis of SPS Commerce Correlation against competitors.
For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SPS Commerce. If investors know SPS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SPS Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
2.04
Revenue Per Share
17.096
Quarterly Revenue Growth
0.179
Return On Assets
0.0599
The market value of SPS Commerce is measured differently than its book value, which is the value of SPS that is recorded on the company's balance sheet. Investors also form their own opinion of SPS Commerce's value that differs from its market value or its book value, called intrinsic value, which is SPS Commerce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPS Commerce's market value can be influenced by many factors that don't directly affect SPS Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPS Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPS Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPS Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.