SPS COMMERCE INC
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $751.5M | $637.8M | $536.9M | $450.9M | $385.3M |
| Gross profit | $519.9M | $427.1M | $354.8M | $297.8M | $253.6M |
| Operating income | $118.3M | $88.9M | $77.2M | $71.2M | $55.1M |
| Operating expenses | $401.6M | $338.2M | $277.6M | $226.6M | $198.5M |
| Cost of revenue | $231.6M | $210.7M | $182.1M | $153.1M | $131.7M |
| Cash from operations | $178.8M | $157.4M | $132.3M | $100.1M | $112.9M |
| Capital expenditure | $26.5M | $20.0M | $19.8M | $19.9M | $19.6M |
| Free cash flow | $152.3M | $137.4M | $112.5M | $80.2M | $93.3M |
| Share repurchases | $114.3M | $37.6M | $0 | $43.2M | $20.4M |
| Total assets | $1.2B | $1.0B | $823.8M | $672.9M | $615.8M |
| Total liabilities | $196.0M | $176.5M | $156.4M | $135.8M | $131.6M |
Shares outstanding 36.7M · Free float 97.3%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.