Stocktoria
SPS COMMERCE INC SPSC
SPS COMMERCE INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $751.5M | $637.8M | $536.9M | $450.9M | $385.3M | $312.6M | $279.1M | $248.2M | $220.6M | $193.3M |
| Gross profit | $519.9M | $427.1M | $354.8M | $297.8M | $253.6M | $212.8M | $186.9M | $166.5M | $146.5M | $128.8M |
| R&D expense | $68.7M | $62.8M | $53.7M | $45.7M | $39.0M | $31.0M | $28.3M | $22.1M | $23.2M | $22.0M |
| Operating income | $118.3M | $88.9M | $77.2M | $71.2M | $55.1M | $50.2M | $38.4M | $26.7M | $10.0M | $6.4M |
| Income tax | $30.5M | $22.4M | $19.7M | $16.2M | $8.9M | $7.1M | $8.4M | $4.5M | $10.3M | $2.8M |
| Net income | $93.3M | $77.1M | $65.8M | $55.1M | $44.6M | $45.6M | $33.7M | $23.9M | $351,000 | $5.0M |
| EPS (diluted) | $2.46 | $2.04 | $1.76 | $1.49 | $1.21 | $1.26 | $0.94 | $0.68 | $0.01 | $0.14 |
| Operating cash flow | $178.8M | $157.4M | $132.3M | $100.1M | $112.9M | $88.6M | $71.8M | $55.0M | $31.1M | $18.8M |
| Free cash flow | $152.3M | $137.4M | $112.5M | $80.2M | $93.3M | $72.1M | $58.2M | $41.3M | $23.8M | $10.8M |
| Cash & equivalents | $151.4M | $241.0M | $219.1M | $162.9M | $207.6M | $149.7M | $179.3M | $133.9M | $123.1M | $115.9M |
| Total assets | $1.2B | $1.0B | $823.8M | $672.9M | $615.8M | $526.5M | $447.4M | $386.1M | $339.7M | $298.4M |
| Total liabilities | $196.0M | $176.5M | $156.4M | $135.8M | $131.6M | $105.7M | $92.6M | $67.1M | $51.6M | $49.1M |
| Shareholders' equity | $973.9M | $854.7M | $667.5M | $537.1M | $484.3M | $420.7M | $354.9M | $319.0M | $288.1M | $257.8M |
Growth · year-over-year · Revenue CAGR 16.3%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +17.8% | +18.8% | +19.1% | +17.0% | +23.2% | +12.0% | +12.4% | +12.5% | +14.1% | +21.9% |
| Net income growth | +21.1% | +17.1% | +19.4% | +23.6% | -2.2% | +35.2% | +41.2% | +6701.1% | -92.9% | +7.0% |
| EPS growth | +20.6% | +15.9% | +18.1% | +23.1% | -4.0% | +34.0% | +38.2% | +6700.0% | -93.1% | +7.4% |
| Free cash flow growth | +10.9% | +22.1% | +40.4% | -14.1% | +29.4% | +23.9% | +41.1% | +73.5% | +121.1% | +89.7% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.