SPS Commerce Inc.
SPSC | NASDAQ
$81.65
+$1.91 (+2.40%)
At close: Sep 21, 2026, 4:00 PM ET
$82.79
+$1.14 (+1.40%)
Pre-market:
Sep 22, 2026, 4:50 AM ET
Market Data
Market Cap $2.87B
Enterprise Value $2.77B
Beta 0.51
Average Volume 625.01K
Shares Outstanding (Diluted) 37.03M
Shares Change YoY -2.82%
Institutional Ownership N/A
Exchange NASDAQ
ISIN US78463M1071
Price Performance
Price Change 1M 0.9%
Price Change 3M 49.0%
Price Change 6M 48.5%
Price Change YTD -7.1%
Price Change 1Y -25.9%
Price Change 3Y -52.0%
Price Change 5Y -51.3%
1M CAGR (ann.) 10.8%
1Y CAGR (ann.) -25.6%
5Y CAGR (ann.) -10.4%
All-Time CAGR 16.2%
Valuation
PE Ratio 39.44
Forward PE 14.68
PEG Ratio -7.03
Forward PEG 4.47
PS Ratio 3.81
Forward PS 3.50
PB Ratio 3.13
P/FCF Ratio 14.79
P/Adj. FCF Ratio 21.45
P/OCF Ratio 13.23
EV/Sales 3.59
EV/EBIT 29.37
EV/EBITDA 20.54
EV/FCF 13.95
Earnings Yield 2.5%
FCF Yield 6.8%
Adj. FCF Yield 4.7%
Financial Health
Net Cash $166.86M
Total Debt $6.31M
Cash & Short-Term Investments $173.17M
Total Assets $1.13B
Current Ratio 2.26
Quick Ratio 2.26
Debt / Equity Ratio 0.01
Debt / EBITDA 0.05
Debt / FCF 0.03
OCF / Debt 36.18
Interest Coverage 0.00
Altman Z-Score 10.94
Piotroski F-Score 7
Margins & Profitability
Gross Profit Margin 69.8%
Operating Profit Margin 12.8%
EBITDA Margin 23.7%
Net Profit Margin 10.1%
FCF Margin 25.7%
Adj. FCF Margin 17.7%
SBC / Revenue 8.0%
SBC Impact (per share) -31.0%
Returns
Return on Assets 6.9%
Return on Equity 8.1%
Return on Invested Capital 9.3%
Return on Capital Employed 12.5%
Return on Tangible Assets 18.9%
Historical Growth (CAGR)
Revenue CAGR 3Y 16.2%
Revenue CAGR 5Y 17.3%
Revenue CAGR 10Y 16.0%
EPS CAGR 3Y 7.6%
EPS CAGR 5Y 10.8%
EPS CAGR 10Y 30.9%
FCF CAGR 3Y 26.8%
FCF CAGR 5Y 17.3%
FCF CAGR 10Y 30.3%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 23
EPS Growth Next 3Y 48.1%
Revenue Growth Next 3Y 8.0%
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number $34.39
Graham Upside -57.9%
Lynch Fair Value $22.34
Lynch Upside -72.6%
Price Target $69
Price Target Upside -15.5%
Cash Flow
Operating Cash Flow $228.14M
Free Cash Flow $198.7M
Adj. Free Cash Flow $137.06M
FCF Per Share $5.38
OCF Per Share $6.17
OCF/S Ratio 29.5%
Income Statement
Revenue $772.49M
Gross Profit $529.78M
Operating Income $98.85M
EBITDA $135.02M
Net Income $78M
EPS (Diluted) $2.07
Revenue / Employee $262.04K
Profit / Employee $26.46K
Employees 2,948
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