SPS Commerce Inc

SPS Commerce Inc

SPSC · NASDAQ · Technology / Software - Application

81.30USD-0.95 (-1.16%)

Price History

Full chart

Market Stats

Previous Close82.25
Open82.77
Day Range81.11 – 83.43
52-Week Range49.04 – 114.87
Volume208.60K
Market Cap2.92B
P/E (TTM)38.95
Forward P/E68.03
EPS2.08
Dividend Yield0.00%
Beta0.51
50-Day Avg76.81
200-Day Avg68.71

About

SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery through fully automated operations; and Analytics product that simplifies managing sell-through data from customers business partners that handle data acquisition, cleansing, normalization, and delivery. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies through single connection across all sales channels; and relationship management product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management, onboarding programs, and supplier score carding. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Chadwick Collins
  • Employees2.95K
  • Headquarters333 South Seventh Street, Minneapolis, MN, United States, 55402, USA
  • Websitehttps://www.spscommerce.com

Leadership

  • Mr. Chadwick CollinsCEO & Director · b. 1977
  • Mr. Jamie ThingelstadExecutive VP & CTO · b. 1972
  • Mr. Eduardo RosiniExecutive VP & Chief Commercial Officer · b. 1968
  • Mr. Joseph M. Del Preto IIExecutive VP & CFO · b. 1975
  • Ms. Maria PergolinoSenior VP & Chief Marketing Officer
  • Ms. Erica KoenigSenior VP & Chief Human Resources Officer
  • Mr. Michael SvatekSenior VP & Chief Product Officer

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue25.20M30.70M37.75M44.60M57.97M77.11M104.39M127.95M158.52M193.29M220.57M248.24M279.12M312.63M385.28M450.88M536.91M637.76M751.50M
Growth (%)-+21.82%+22.96%+18.15%+29.98%+33.01%+35.39%+22.57%+23.89%+21.94%+14.11%+12.55%+12.44%+12.00%+23.24%+17.03%+19.08%+18.78%+17.83%
Cost of Revenue6.38M9.21M11.71M12.63M15.37M22.04M31.78M39.99M50.04M64.35M73.63M81.75M92.24M99.84M131.68M153.06M182.07M210.71M231.63M
Gross Profit18.82M21.49M26.03M31.97M42.60M55.07M72.61M87.96M108.47M128.95M146.94M166.49M186.88M212.79M253.60M297.81M354.84M427.05M519.88M
Gross Margin74.68%70.00%68.96%71.69%73.49%71.42%69.56%68.74%68.43%66.71%66.62%67.07%66.95%68.07%65.82%66.05%66.09%66.96%69.18%
Operating Expense20.64M22.90M24.15M28.93M41.47M53.49M70.84M83.57M101.45M121.43M138.51M139.76M148.48M162.64M198.51M226.63M277.59M338.17M401.57M
Operating Income-1.82M-1.41M1.88M3.04M1.14M1.57M1.77M4.38M7.02M7.52M8.43M26.73M38.41M50.16M55.09M71.18M77.25M88.88M118.30M
Operating Margin-7.23%-4.59%4.98%6.81%1.96%2.04%1.70%3.43%4.43%3.89%3.82%10.77%13.76%16.04%14.30%15.79%14.39%13.94%15.74%
EBITDA28.00K581.00K2.97M4.58M3.73M6.29M9.82M12.95M16.59M18.85M21.76M39.42M54.84M68.82M78.45M99.37M110.60M141.71M176.56M
EBITDA Margin0.11%1.89%7.86%10.28%6.44%8.16%9.41%10.12%10.47%9.75%9.87%15.88%19.65%22.01%20.36%22.04%20.60%22.22%23.49%
Net Income-2.16M-1.90M1.16M2.88M13.70M1.22M1.05M2.70M4.64M5.71M-2.44M23.87M33.71M45.59M44.60M55.13M65.82M77.05M93.34M
Net Income Margin-8.56%-6.17%3.08%6.47%23.64%1.58%1.01%2.11%2.93%2.95%-1.11%9.62%12.08%14.58%11.58%12.23%12.26%12.08%12.42%
R&D3.55M3.64M4.30M4.35M5.84M8.17M10.87M13.49M17.95M21.98M23.18M22.09M28.30M31.02M39.04M45.75M53.65M62.81M68.68M
R&D as % of Total Revenue14.07%11.86%11.41%9.75%10.07%10.59%10.41%10.55%11.33%11.37%10.51%8.90%10.14%9.92%10.13%10.15%9.99%9.85%9.14%
Interest Expense439.00K419.00K270.00K74.00K027.00K0000004.11M2.61M1.54M142.00K---
Interest Expense % of Total Revenue1.74%1.36%0.72%0.17%0.00%0.04%0.00%0.00%0.00%0.00%0.00%0.00%1.47%0.83%0.40%0.03%---

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets20.69M19.20M21.92M57.88M77.62M159.20M223.33M243.78M261.73M298.37M335.52M386.12M447.44M526.46M615.85M672.91M823.84M1.03B1.17B
Total Liabilities80.80M81.04M82.39M14.37M18.07M24.38M30.56M38.68M39.55M49.10M58.70M67.15M92.56M105.74M131.59M135.84M156.37M176.54M195.97M
Total Equity-60.11M-61.84M-60.47M43.51M59.55M134.82M192.77M205.09M222.19M249.27M276.82M318.97M354.88M420.72M484.26M537.07M667.48M854.69M973.89M
Cash4.85M3.71M5.93M40.47M31.98M66.05M131.29M130.79M121.54M115.88M123.13M133.86M179.25M149.69M207.55M162.89M219.08M241.02M151.35M
Total Debt4.95M4.43M2.69M122.00K--------23.87M24.37M20.53M17.29M14.03M12.47M7.19M
Net Debt98.00K720.00K-3.24M-40.35M-31.98M-66.05M-131.29M-130.79M-121.54M-115.88M-123.13M-133.86M-155.38M-125.32M-187.02M-145.61M-205.05M-228.55M-144.16M

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-803.00K-807.00K5.16M4.92M4.49M6.83M18.24M16.79M14.43M18.77M31.05M55.02M71.79M88.56M112.89M100.05M132.30M157.40M178.79M
Investing Cash Flow-2.39M379.00K-1.00M-1.77M-13.43M-32.24M-5.70M-20.18M-31.28M-34.16M-22.62M-40.47M-14.31M-120.47M-46.70M-112.79M-92.64M-110.45M-169.15M
Financing Cash Flow6.10M-711.00K-1.94M31.39M452.00K59.48M52.70M3.48M8.25M10.11M-2.47M-3.77M-12.14M2.33M-8.36M-31.63M15.97M-23.03M-100.83M
Capital Expenditure1.12M884.00K1.00M1.77M2.58M5.98M5.70M7.58M8.76M8.01M7.27M13.75M13.59M16.47M19.59M19.88M19.76M20.05M26.52M
Free Cash Flow-1.93M-1.69M4.16M3.15M1.90M846.00K12.54M9.21M5.67M10.76M23.78M41.27M58.21M72.09M93.31M80.17M112.54M137.35M152.27M
Dividends Paid----0000000--------
FCF to OCF239.85%209.54%80.61%63.98%42.39%12.39%68.75%54.84%39.31%57.32%76.58%75.01%81.08%81.41%82.65%80.13%85.06%87.26%85.16%
Dividend Paid to FCF----0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateMay 18, 2010Jul 29, 2010Oct 28, 2010Feb 9, 2011Apr 28, 2011Jul 28, 2011Oct 27, 2011Feb 8, 2012Apr 26, 2012Jul 26, 2012Oct 25, 2012Feb 6, 2013Apr 25, 2013Jul 25, 2013Oct 24, 2013Feb 6, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Feb 5, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Feb 3, 2016Apr 21, 2016Jul 27, 2016Oct 27, 2016Feb 7, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Feb 6, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Feb 12, 2019Apr 25, 2019Jul 25, 2019Oct 24, 2019Feb 13, 2020Apr 30, 2020Jul 30, 2020Oct 28, 2020Feb 11, 2021Apr 29, 2021Jul 29, 2021Oct 28, 2021Feb 9, 2022Apr 28, 2022Jul 27, 2022Oct 27, 2022Feb 9, 2023Apr 26, 2023Jul 27, 2023Oct 26, 2023Feb 8, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Feb 6, 2025Apr 24, 2025Jul 30, 2025Oct 30, 2025Feb 12, 2026Apr 30, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate-0.010.030.030.030.020.030.040.040.050.040.050.050.060.070.060.070.080.080.070.090.080.100.100.110.100.130.130.100.100.100.100.160.170.200.230.260.260.280.300.320.310.330.340.370.400.420.420.470.490.520.540.580.630.670.700.740.770.830.870.850.911.001.010.980.720.91
EPS Actual0.050.030.040.030.030.020.040.040.050.060.050.060.060.070.080.070.070.080.090.090.090.090.110.140.110.120.140.140.130.120.120.130.200.250.260.270.300.300.330.350.380.370.390.400.430.460.470.460.550.530.630.630.670.690.750.750.860.800.920.891.001.001.131.141.100.87-
Surprise-200.00%33.33%0.00%0.00%0.00%33.33%0.00%25.00%20.00%25.00%20.00%20.00%16.67%14.29%16.67%0.00%0.00%12.50%28.57%0.00%12.50%10.00%40.00%0.00%20.00%7.69%7.69%30.00%20.00%20.00%30.00%25.00%47.06%30.00%17.39%15.38%15.38%17.86%16.67%18.75%19.35%18.18%17.65%16.22%15.00%11.90%9.52%17.02%8.16%21.15%16.67%15.52%9.52%11.94%7.14%16.22%3.90%10.84%2.83%17.65%9.89%13.00%12.87%12.24%20.83%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.92B
Enterprise Value2.76B
Trailing P/E38.95
Forward P/E68.03
PEG Ratio4.71
Price / Sales3.78
Price / Book3.12
EPS2.08
Book Value25.93
Revenue (TTM)772.49M
Gross Profit (TTM)539.36M
EBITDA183.20M
Profit Margin10.10%
Operating Margin16.11%
Return on Equity8.26%
Return on Assets6.81%
Shares Outstanding36.00M
Shares Float35.56M
Beta0.51
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 12 analystsTarget 75.45
  • Strong Buy
    7
  • Buy
    2
  • Hold
    3

Ownership Breakdown

Institutions
114.25%
Insiders
1.03%
Retail / Other
0.00%

Top Institutional Holders

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  • Vanguard Portfolio Management, LLC
    2.96M8.06%
  • Disciplined Growth Investors Inc
    2.12M5.79%
  • Neuberger Berman Group LLC
    1.79M4.88%
  • Vanguard Capital Management, LLC
    1.70M4.63%
  • State Street Corp
    1.50M4.09%
  • The Goldman Sachs Group Inc
    1.07M2.91%
  • Bank of America Corp
    998.62K2.72%
  • Geode Capital Management, LLC
    997.96K2.72%
  • Morgan Stanley - Brokerage Accounts
    960.88K2.62%
  • Engine Capital Management LP
    916.38K2.50%
  • Citadel Advisors Llc
    913.87K2.49%
  • Federated Hermes Inc
    901.63K2.46%
  • Anson Funds Management LP
    745.00K2.03%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.24M6.09%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.11M3.03%
  • Neuberger Genesis Inv
    1.02M2.77%
  • iShares Russell 2000 ETF
    959.41K2.61%
  • Vanguard Information Technology ETF
    955.60K2.60%
  • Vanguard Small Cap Index
    802.11K2.18%

Stock Splits

  • Aug 23, 20192:1