SPS Commerce Financials

SPSC Stock  USD 128.66  0.05  0.04%   
Based on the measurements of operating efficiency obtained from SPS Commerce's historical financial statements, SPS Commerce is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in April. At present, SPS Commerce's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 62.2 M, whereas Net Debt is projected to grow to (217.1 M). Key indicators impacting SPS Commerce's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio4.722.6036
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for SPS Commerce includes many different criteria found on its balance sheet. An individual investor should monitor SPS Commerce's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in SPS Commerce.

Net Income

80.91 Million

  
Please note, the presentation of SPS Commerce's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SPS Commerce's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SPS Commerce's management manipulating its earnings.

SPS Commerce Stock Summary

SPS Commerce competes with Tenable Holdings, Rapid7, F5 Networks, Check Point, and Consensus Cloud. SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota. Sps Commerce operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1901 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS78463M1071
CUSIP78463M107
LocationMinnesota; U.S.A
Business Address333 South Seventh
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.spscommerce.com
Phone612 435 9400
CurrencyUSD - US Dollar

SPS Commerce Key Financial Ratios

SPS Commerce Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets525.5M615.8M672.9M823.8M1.0B1.1B
Other Current Liab34.0M40.0M33.4M49.6M59.3M62.2M
Net Debt(127.2M)(187.0M)(145.6M)(205.1M)(228.5M)(217.1M)
Retained Earnings93.5M138.1M193.2M259.0M336.1M352.9M
Accounts Payable5.4M8.3M11.3M7.4M8.6M4.4M
Cash149.7M207.6M162.9M219.1M241.0M126.4M
Net Receivables33.6M34.6M39.4M46.8M52.0M54.6M
Good Will135.3M143.7M197.3M249.2M399.2M419.1M
Other Current Assets50.3M60.6M69.1M79.2M88.9M93.3M
Total Liab104.8M131.6M135.8M156.4M176.5M185.4M
Total Current Assets270.9M352.4M322.8M401.4M381.9M207.5M
Short Term Debt2.8M4.1M8.6M4.5M4.6M4.2M
Intangible Assets59.8M58.6M88.4M107.3M181.3M190.4M
Common Stock36K37K38K39K40K23.9K
Other Liab4.4M5.9M12.3M12.2M14.0M10.4M
Other Assets15.6M33.6M18.4M19.8M22.8M17.5M
Net Tangible Assets255.4M225.6M282.0M251.4M289.2M205.4M
Capital Surpluse354.1M393.5M433.3M476.1M547.5M332.2M
Inventory37.5M44.5M52.8M1.01.151.09

SPS Commerce Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense4.1M2.6M1.5M142K163.3K155.1K
Total Revenue312.6M385.3M450.9M536.9M637.8M669.7M
Gross Profit212.8M253.6M297.8M354.8M427.1M448.4M
Operating Income50.2M55.1M71.2M77.2M88.9M93.3M
Ebit50.2M55.1M71.2M77.2M88.8M93.3M
Research Development31.0M39.0M45.7M53.7M62.8M65.9M
Ebitda68.8M80.0M99.4M110.6M88.9M93.3M
Cost Of Revenue99.8M131.7M153.1M182.1M210.7M221.2M
Income Before Tax52.7M53.5M71.3M85.6M99.5M104.4M
Net Income45.6M44.6M55.1M65.8M77.1M80.9M
Income Tax Expense7.1M8.9M16.2M19.7M22.4M23.5M
Tax Provision7.1M8.9M16.2M17.3M22.4M23.5M

SPS Commerce Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(2.1M)1.8M(5.2M)12.0M13.7M14.4M
Change In Cash(29.6M)57.9M(44.7M)56.2M21.9M14.6M
Free Cash Flow72.1M93.3M80.2M112.5M137.4M144.2M
Depreciation18.7M24.9M28.2M34.7M42.2M44.3M
Other Non Cash Items5.6M5.0M3.6M8.1M8.3M8.7M
Capital Expenditures16.5M19.6M19.9M19.8M20.0M10.6M
Net Income45.6M44.6M55.1M65.8M77.1M80.9M
End Period Cash Flow149.7M207.6M162.9M219.1M241.0M126.4M
Change Receivables(6.8M)(5.9M)(5.0M)(6.4M)(5.8M)(6.1M)
Change To Netincome24.8M28.7M36.5M33.2M38.2M40.1M
Investments(5.3M)(10.0M)(112.8M)(145.6M)(110.5M)(104.9M)

SPS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SPS Commerce's current stock value. Our valuation model uses many indicators to compare SPS Commerce value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPS Commerce competition to find correlations between indicators driving SPS Commerce's intrinsic value. More Info.
SPS Commerce is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.59  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SPS Commerce is roughly  1.69 . At present, SPS Commerce's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPS Commerce's earnings, one of the primary drivers of an investment's value.

SPS Commerce Systematic Risk

SPS Commerce's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPS Commerce volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on SPS Commerce correlated with the market. If Beta is less than 0 SPS Commerce generally moves in the opposite direction as compared to the market. If SPS Commerce Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPS Commerce is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPS Commerce is generally in the same direction as the market. If Beta > 1 SPS Commerce moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in SPS Commerce Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SPS Commerce's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of SPS Commerce growth as a starting point in their analysis.

Price Earnings To Growth Ratio

6.24

At present, SPS Commerce's Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting.

SPS Commerce March 20, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of SPS Commerce help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPS Commerce. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPS Commerce based on widely used predictive technical indicators. In general, we focus on analyzing SPS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPS Commerce's daily price indicators and compare them against related drivers.

Complementary Tools for SPS Stock analysis

When running SPS Commerce's price analysis, check to measure SPS Commerce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPS Commerce is operating at the current time. Most of SPS Commerce's value examination focuses on studying past and present price action to predict the probability of SPS Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPS Commerce's price. Additionally, you may evaluate how the addition of SPS Commerce to your portfolios can decrease your overall portfolio volatility.
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