SPS Commerce, Inc. (SPSC) quarterly balance sheet — complete assets, liabilities & equity history
SPS Commerce, Inc. (SPSC) balance sheet — 19-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 330.4M | 328.74M | 268.61M | 315.62M | 269.38M | 251.84M | 381.91M | 344.65M | 406.94M | 420.29M | 401.44M | 359.74M | 384.98M | 346.38M | 322.81M | 339.27M | 365.55M | 351.47M | 352.44M | 343.25M |
| Cash & Short-Term Investments | 173.17M | 154.27M | 151.35M | 133.72M | 107.6M | 94.92M | 241.02M | 205.77M | 271.79M | 290.81M | 275.44M | 239.33M | 270.18M | 233.45M | 214.31M | 237.16M | 259.24M | 243.06M | 257.31M | 251.99M |
| Cash Only | 173.17M | 154.27M | 151.35M | 133.72M | 107.6M | 94.92M | 241.02M | 198.84M | 240.23M | 234.64M | 219.08M | 178.7M | 209.26M | 182.3M | 162.89M | 186.23M | 212.72M | 203.09M | 207.55M | 195.8M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.93M | 31.55M | 56.17M | 56.36M | 60.63M | 60.91M | 51.15M | 51.41M | 50.93M | 46.51M | 39.97M | 49.76M | 56.18M |
| Accounts Receivable | 71.68M | 72M | 68.17M | 67.44M | 67.51M | 63.39M | 52.03M | 55.57M | 55.4M | 52.13M | 46.84M | 45.14M | 44.99M | 43.44M | 39.44M | 36.79M | 40.1M | 38.78M | 34.56M | 35.33M |
| Days Sales Outstanding | 33.05 | 32.83 | 32.38 | 32.69 | 31.78 | 28.61 | 28.96 | 31.18 | 31.85 | 30.11 | 29.19 | 30.56 | 30.85 | 29.63 | 28.74 | 30.89 | 32.87 | 31.37 | 31.29 | 34.43 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 85.55M | 102.47M | 49.09M | 114.46M | 94.26M | 93.52M | 88.86M | 83.3M | 79.75M | 77.34M | 79.16M | 75.27M | 69.81M | 69.5M | 69.07M | 65.33M | 66.21M | 69.63M | 60.57M | 55.94M |
| Total Non-Current Assets | 795.03M | 832.47M | 901.25M | 843.06M | 851.73M | 857.22M | 649.32M | 658.65M | 447.58M | 419.56M | 422.4M | 427.67M | 350.56M | 350.55M | 350.1M | 297.82M | 257.23M | 261.84M | 263.4M | 248.03M |
| Property, Plant & Equipment | 49.13M | 51.01M | 48.14M | 48.17M | 47.55M | 47.11M | 45.74M | 44.56M | 42.16M | 42.26M | 43.91M | 44.52M | 43.18M | 43.53M | 44.63M | 42.68M | 41.58M | 42.51M | 42.75M | 43.7M |
| Fixed Asset Turnover | 3.95x | 3.88x | 4.00x | 3.97x | 3.96x | 3.91x | 3.79x | 3.78x | 3.64x | 3.47x | 3.28x | 3.09x | 3.01x | 2.86x | 2.80x | 2.72x | 2.60x | 2.47x | 2.38x | 2.27x |
| Goodwill | 539.41M | 540.84M | 541.72M | 543.03M | 543.51M | 533.94M | 399.18M | 423.51M | 268.87M | 248.81M | 249.18M | 252.04M | 202.79M | 199M | 197.28M | 165.91M | 142.96M | 144.16M | 143.66M | 134.68M |
| Intangible Assets | 172.45M | 206.07M | 215.81M | 225.26M | 237.1M | 252.28M | 181.29M | 168.13M | 107.52M | 99.29M | 107.34M | 103.6M | 77.63M | 84.54M | 88.35M | 70.74M | 53.6M | 56.16M | 58.59M | 52.47M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.19M | 0 |
| Other Non-Current Assets | 33.53M | 34.04M | 95.08M | 26.13M | 22.92M | 23.32M | 22.61M | 22.04M | 21.69M | 21.72M | 21.47M | 20.7M | 20.28M | 20.11M | 19.61M | 18.26M | 18.9M | 18.81M | 3.03M | 16.99M |
| Total Assets | 1.13B | 1.16B | 1.17B | 1.16B | 1.12B | 1.11B | 1.03B | 1B | 854.52M | 839.85M | 823.84M | 787.41M | 735.54M | 696.93M | 672.91M | 637.09M | 622.78M | 613.31M | 615.85M | 591.28M |
| Asset Turnover | 0.17x | 0.16x | 0.17x | 0.17x | 0.17x | 0.17x | 0.17x | 0.18x | 0.18x | 0.18x | 0.18x | 0.18x | 0.18x | 0.18x | 0.19x | 0.18x | 0.18x | 0.17x | 0.17x | 0.17x |
| Asset Growth % | 0.39% | 4.7% | 13.44% | 15.49% | 31.2% | 32.05% | 25.17% | 27.42% | 16.18% | 20.51% | 22.43% | 23.59% | 18.11% | 13.63% | 9.27% | 7.75% | 8.82% | 11.54% | 16.98% | 21.24% |
| Total Current Liabilities | 146.26M | 154.95M | 154.35M | 160.05M | 147.97M | 153.42M | 146.68M | 146.33M | 128.55M | 134.22M | 130.67M | 132.87M | 111.97M | 106.96M | 110.64M | 105.47M | 101.24M | 94.43M | 102.87M | 94.93M |
| Accounts Payable | 9.48M | 14.47M | 13.76M | 12.74M | 11.6M | 11.26M | 8.58M | 8.11M | 5.88M | 12.3M | 7.42M | 6.2M | 6.16M | 5.34M | 11.26M | 8.2M | 4.44M | 4.73M | 8.33M | 3.75M |
| Days Payables Outstanding | 21.92 | 18.53 | 18.32 | 19.33 | 17.39 | 15.68 | 13.81 | 12.46 | 14.55 | 16.08 | 11.59 | 12.49 | 11.75 | 17.38 | 21.54 | 15.06 | 11.12 | 16.61 | 15.6 | 12.98 |
| Short-Term Debt | 1.54M | 0 | 4.35M | 5.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 80.87M | 80.38M | 75.59M | 77.57M | 79.2M | 78.62M | 74.26M | 78.88M | 76.39M | 73.7M | 69.19M | 71.85M | 66.38M | 62.91M | 57.42M | 58.95M | 59.09M | 56.8M | 50.43M | 49.19M |
| Other Current Liabilities | 63.85M | 42.65M | 13.07M | 51.8M | 38.71M | 40.75M | 47.16M | 46.01M | 32.24M | 32.99M | 41.59M | 41.47M | 28.64M | 26.43M | 7.45M | 28.78M | 25.86M | 21.93M | 8.35M | 30.99M |
| Current Ratio | 2.26x | 2.12x | 1.74x | 1.97x | 1.82x | 1.64x | 2.60x | 2.36x | 3.17x | 3.13x | 3.07x | 2.71x | 3.44x | 3.24x | 2.92x | 3.22x | 3.61x | 3.72x | 3.43x | 3.62x |
| Quick Ratio | 2.26x | 2.12x | 1.74x | 1.97x | 1.82x | 1.64x | 2.60x | 2.36x | 3.17x | 3.13x | 3.07x | 2.71x | 3.44x | 3.24x | 2.92x | 3.22x | 3.61x | 3.72x | 3.43x | 3.62x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 40.69M | 44.1M | 41.62M | 39.69M | 23.36M | 34.7M | 29.86M | 27.6M | 22.55M | 22.67M | 25.7M | 27.69M | 22.59M | 24.08M | 25.2M | 23.96M | 24.52M | 27.36M | 28.71M | 25.83M |
| Long-Term Debt | 4.77M | 0 | 2.84M | 4.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 4.7M | 2.84M | 4.02M | 5.05M | 6.1M | 7.88M | 8.81M | 7.75M | 8.43M | 9.57M | 10.56M | 11.06M | 11.99M | 13.01M | 13.97M | 14.24M | 15.34M | 16.43M | 16.7M |
| Deferred Tax Liabilities | 30.93M | 33.8M | 33.2M | 30.22M | 12.53M | 20.3M | 15.54M | 11.61M | 7.01M | 7.54M | 8.97M | 10.28M | 5.81M | 6.98M | 7.42M | 4.84M | 5M | 6.9M | 7.14M | 3.97M |
| Other Non-Current Liabilities | 4.99M | 279K | -2.55M | -3.72M | 296K | 2.56M | 241K | 640K | 680K | 232K | 229K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 186.95M | 199.05M | 195.97M | 199.74M | 171.32M | 188.13M | 176.54M | 173.94M | 151.1M | 156.88M | 156.37M | 160.56M | 134.56M | 131.04M | 135.84M | 129.43M | 125.76M | 121.79M | 131.59M | 120.75M |
| Total Debt | 6.31M | 6.62M | 10.03M | 13.66M | 10.8M | 12.26M | 12.47M | 13.17M | 12.35M | 12.9M | 14.03M | 15.01M | 15.13M | 16.11M | 17.29M | 18.31M | 18.58M | 19.68M | 20.53M | 20.59M |
| Net Debt | -166.86M | -147.65M | -141.32M | -120.06M | -96.81M | -82.66M | -228.55M | -185.67M | -227.89M | -221.73M | -205.05M | -163.69M | -194.13M | -166.19M | -145.61M | -167.92M | -194.15M | -183.41M | -187.02M | -175.21M |
| Debt / Equity | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.03x | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x |
| Debt / EBITDA | - | 0.17x | 0.20x | 0.30x | 0.26x | 0.31x | 0.33x | 0.36x | 0.38x | 0.53x | 0.43x | 0.52x | 0.60x | 0.64x | 0.63x | 0.68x | 0.83x | 0.86x | 0.95x | 1.05x |
| Net Debt / EBITDA | - | -3.72x | -2.82x | -2.61x | -2.36x | -2.09x | -6.12x | -5.06x | -6.97x | -9.07x | -6.30x | -5.63x | -7.71x | -6.59x | -5.34x | -6.25x | -8.67x | -8.03x | -8.67x | -8.93x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | 17.93x | - | - | - | - | 28.33x | - | - | - | - |
| Total Equity | 938.48M | 962.16M | 973.89M | 958.94M | 949.78M | 920.92M | 854.69M | 829.37M | 703.42M | 682.97M | 667.48M | 626.84M | 600.98M | 565.89M | 537.07M | 507.66M | 497.02M | 491.52M | 484.26M | 470.53M |
| Equity Growth % | -1.19% | 4.48% | 13.95% | 15.62% | 35.02% | 34.84% | 28.05% | 32.31% | 17.05% | 20.69% | 24.28% | 23.48% | 20.92% | 15.13% | 10.91% | 7.89% | 9.3% | 11.58% | 15.1% | 19.14% |
| Book Value per Share | 25.35 | 25.70 | 25.79 | 25.24 | 24.93 | 24.13 | 22.58 | 21.83 | 18.67 | 18.12 | 17.73 | 16.68 | 16.06 | 15.23 | 14.53 | 13.75 | 13.48 | 13.29 | 13.03 | 12.71 |
| Total Shareholders' Equity | 938.48M | 962.16M | 973.89M | 958.94M | 949.78M | 920.92M | 854.69M | 829.37M | 703.42M | 682.97M | 667.48M | 626.84M | 600.98M | 565.89M | 537.07M | 507.66M | 497.02M | 491.52M | 484.26M | 470.53M |
| Common Stock | 40K | 40K | 40K | 40K | 40K | 40K | 40K | 39K | 39K | 39K | 39K | 39K | 39K | 39K | 38K | 38K | 38K | 38K | 38K | 38K |
| Retained Earnings | 456.03M | 449.17M | 429.44M | 403.6M | 378.03M | 358.3M | 336.1M | 318.54M | 295.08M | 277.05M | 259.05M | 240.03M | 223.19M | 208.51M | 193.22M | 177.31M | 161.44M | 150.69M | 138.09M | 125.32M |
| Treasury Stock | 0 | -226.9M | -177.95M | -152.1M | -122.1M | -102.1M | -99.75M | -99.75M | -162.19M | -148.89M | -128.89M | -128.89M | -128.89M | -128.89M | -128.89M | -128.38M | -115.9M | -100.9M | -85.68M | -75.91M |
| Accumulated OCI | -4.02M | -1.69M | -373K | -919K | 695K | -7.46M | -9.68M | -1.19M | -4.35M | -3.23M | 222K | -4.65M | -1.84M | -3.48M | -3.41M | -4.66M | -2.48M | -709K | -1.45M | -1.59M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |