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Companies/SPS Commerce, Inc.
Company profile

SPS Commerce, Inc.

NASDAQ: SPSC · Technology · Software - Infrastructure
PublicHQ Minneapolis, MN · HennepinCIK 0001092699Reports USD
#255 of 1,109 Technology companies by revenue68th-percentile growth
EA Score
83B+
FH 83DQ 89GM 79SS 72
v0.1 · 65/100 weight · provisional
↑ growth stability, filing timeliness · ↓ listing tenure, revenue growth (YoY)
Methodology →
Revenue TTM
$762.1M
Rev growth YoY (TTM)
+13.8%
Net income (FY)
$93.3M
Employees
2,783
Market cap
$2.2B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$751.5M$751.5M2025
Net income$93.3M$93.3M2025
Operating income$118.3M$118.3M2025
Total assets$1.2B$1.2B2025
Liabilities$196.0M$196.0M2025
Equity$973.9M$973.9M2025

Revenue trend

FY2019 – FY2025 · USD
$70.9M
FY19
$279.1M
FY19
$312.6M
FY20
$385.3M
FY21
$450.9M
FY22
$536.9M
FY23
$637.8M
FY24
$751.5M
FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

SPS Commerce, Inc. booked $751.5M in FY2025 revenue, growing 18% year over year — faster than most Technology companies we track, at a 12.4% net margin.

Peers · Technology
Aehr Test Systems60CInfleqtion Inc——NextNav Inc.29DePlus inc.75B+
Neighbors
Hennepin →
UnitedHealth Group Incorporated$447.6B80B+U.S. Bancorp$28.7B66BTarget Corporation$104.8B81B+Xcel Energy Inc.$11.5B67BAmeriprise Financial, Inc.$18.9B73BC.H. Robinson Worldwide, Inc.$16.2B73B
Key facts
CEOChadwick Collins
SectorTechnology
IndustrySoftware - Infrastructure
HeadquartersMinneapolis, MN
ExchangeNASDAQ: SPSC
Employees2,783
IPO date2010-04-22
Latest filings
8-K2026-05-288-K2026-05-2110-Q2026-04-308-K2026-04-30DEF 14A2026-04-148-K2026-04-1410-K2026-02-198-K2026-02-12
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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