SPS Commerce, Inc.
SPS Commerce, Inc. (SPSC) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for SPS Commerce, Inc. (SPSC), featuring income statements, balance sheets, and cash flow data.
SPS Commerce, Inc. (SPSC) Income Statement & Financial Overview
Access detailed annual and quarterly income data for SPS Commerce, Inc. SPSC financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $181.55M | $170.91M | $163.69M | $153.60M |
| Cost of Revenue | $56.91M | $55.59M | $51.62M | $56.86M |
| Gross Profit | $124.64M | $115.32M | $112.06M | $96.74M |
| Gross Profit Ratio | $0.69 | $0.67 | $0.68 | $0.63 |
| R&D Expenses | $17.44M | $17.14M | $15.29M | $14.37M |
| SG&A Expenses | $72.65M | $65.57M | $64.73M | $59.21M |
| Operating Expenses | $98.68M | $90.58M | $86.49M | $73.57M |
| Total Costs & Expenses | $147.005M | $146.16M | $138.12M | $130.43M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $13.54M | $0.00 | $11.10M | $9.52M |
| EBITDA | $41.71M | $24.74M | $36.67M | $32.69M |
| EBITDA Ratio | $0.23 | $0.14 | $0.22 | $0.21 |
| Operating Income | $25.96M | $24.74M | $25.57M | $23.16M |
| Operating Income Ratio | $0.14 | $0.14 | $0.16 | $0.15 |
| Other Income/Expenses (Net) | $2.21M | -$373000.00 | $3.78M | $4.06M |
| Income Before Tax | $28.16M | $24.37M | $29.35M | $27.22M |
| Income Before Tax Ratio | $0.16 | $0.14 | $0.18 | $0.18 |
| Income Tax Expense | $5.97M | $6.81M | $5.89M | $9.19M |
| Net Income | $22.20M | $17.56M | $23.46M | $18.03M |
| Net Income Ratio | $0.12 | $0.10 | $0.14 | $0.12 |
| EPS | $0.58 | $0.47 | $0.63 | $0.49 |
| Diluted EPS | $0.58 | $0.46 | $0.62 | $0.48 |
| Weighted Avg Shares Outstanding | $37.99M | $37.65M | $37.45M | $37.08M |
| Weighted Avg Shares Outstanding (Diluted) | $38.16M | $37.86M | $38.00M | $37.68M |
The company's financials show resilient growth, with revenue advancing from $153.60M in Q2 2024 to $181.55M in Q1 2025. Gross profit remained healthy with margins at 69% in Q1 2025 compared to 63% in Q2 2024. Operating income hit $25.96M last quarter, sustaining a consistent 14% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $41.71M. Net income rose to $22.20M, while earnings per share reached $0.58. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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