Symbols

SPSC

SPS Commerce·NASDAQ

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SPSC fundamentals

SPSC Q4 2025 Earnings

SPS Commerce (SPSC) released its earnings on Feb 12, 2026: revenue was 192.65M (YoY +12.72%), missed estimates; EPS was 1.14 (YoY +28.09%), beat estimates.

Revenue / YoY

192.65M

+12.72%

EPS / YoY

1.14

+28.09%

Report date

Feb 12, 2026

SPSC Earnings Call Summary for Q4,2025

Revenue Milestone: 100 consecutive quarters of growth, 2025 revenue $751.5 million (+18% YoY), driven by recurring revenue (+20% YoY).
AI Innovation: MAX AI solution launched, leveraging network data to enhance customer workflows and cross-sell opportunities.
Financial Strength: 2026 guidance for 7% revenue growth, 13-15% EBITDA expansion, and $300 million share buyback program.
Strategic Focus: Shifting to 1P sellers in Revenue Recovery, reducing 3P churn, and ARPU-driven growth (60% of 2025 growth).
Leadership Transition: Kim Nelson retiring; Joe Del Preto to lead as CFO, maintaining disciplined capital allocation.

Earnings

EPS

Revenue

Revenue & Expenses

SPSC has released its 2025 Q4 earnings report, with revenue of 192.65M, reflecting a YoY change of 12.72%, and net profit of 25.84M, showing a YoY change of 47.17%. The Sankey diagram below clearly presents SPSC's revenue sources and cost distribution.

Key Indicators

SPS Commerce (SPSC) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

SPS Commerce (SPSC)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Breakdown

Balance Sheet

SPS Commerce (SPSC)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Breakdown

Cash Flow

SPS Commerce (SPSC)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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