SPS Commerce, Inc.
Rank #98HypergrowthSPSC · Nasdaq · Technology
SPS Commerce, Inc. (SPSC) — Rank #98 by gross profitability (GP/assets 0.46) · ROE 9.9% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0001092699 · all metrics point-in-time as of the filing date.
About
SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States.
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It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery through fully automated operations; and Analytics product that simplifies managing sell-through data from customers business partners that handle data acquisition, cleansing, normalization, and delivery. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies through single connection across all sales channels; and relationship management product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management, onboarding programs, and supplier score carding. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc.
was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.
- Industry
- Software - Application
- Sector
- Technology
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- spscommerce.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2017-12-31filed 2018-02-26 | 2016-12-31filed 2017-02-27 | 2015-12-31filed 2016-02-24 | 2014-12-31filed 2015-02-20 |
|---|---|---|---|---|
| Assets | ||||
| Cash & equivalents | 123.1 | 115.9 | 121.5 | 130.8 |
| Short-term investments | 40.2 | — | — | — |
| Accounts receivable | 24.9 | 20.7 | 17.6 | 15.4 |
| Total current assets | 219.5 | 185.9 | 166.8 | 162.2 |
| Property, plant & equipment, net | 16.9 | 15.3 | 13.6 | 11.4 |
| Goodwill | 51.6 | 49.8 | 33.8 | 34.9 |
| Total assets | 335.5 | 298.4 | 261.7 | 243.8 |
| Liabilities | ||||
| Accounts payable | 4.5 | 2.3 | 2.2 | 4.0 |
| Accrued liabilities | 4.7 | 3.5 | 2.0 | 2.5 |
| Deferred revenue | 16.4 | 11.1 | 7.7 | 7.5 |
| Total current liabilities | 43.1 | 32.2 | 24.2 | 24.6 |
| Total liabilities | 58.7 | 49.1 | 39.5 | 38.7 |
| Equity | ||||
| Retained earnings | (19.9) | (33.7) | (39.4) | (44.1) |
| Total shareholders' equity | 276.8 | 249.3 | 222.2 | 205.1 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?