SPSCSPS Commerce, Inc.
$84.53-21% 1Y
$84.53
$49.9152 weeks$113.04
The financials
SPS Commerce, Inc. by the numbers
SPS Commerce, Inc. (SPSC) reported revenue of $198M in Q2 2026 (quarter ended Jun 30, 2026), up 5.6% from the same quarter a year earlier. That came with a gross margin of 70% and net income of $6.9M (3.5% of revenue). For the full year FY2025, revenue was $752M (+18% year on year) and net income $93M. Its largest product in Q2 2026 was Fulfillment at $170M, 89% of the disclosed total, well ahead of Analytics at 7.4%. The next results filing is expected around Oct 29, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $198M | $187M | +5.6% |
| Gross profit | $139M | $128M | +8.8% |
| Operating income | $8.4M | $26M | −68% |
| Net income | $6.9M | $20M | −65% |
| Diluted EPS | $0.19 | $0.52 | −63% |
| Product | Revenue | Share |
|---|---|---|
| Fulfillment | $170M | 89% |
| Analytics | $14M | 7.4% |
| Other | $6.3M | 3.3% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $190.4M (+3.2%)
Fulfillment grew +6.9% year on yearAnalytics +1.4% year on year
Segment Latestquarter on quarteryear on year
- Fulfillment$170.0M$170.0Mquarter on quarter +3.5%year on year +6.9%+3.5%+6.9%
- Analytics$14.1M$14.1Mquarter on quarter +0.05%year on year +1.4%+0.05%+1.4%
- Other$6.3M$6.3Mquarter on quarter +3.7%year on year +1.9%+3.7%+1.9%
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