SPS Commerce, Inc. (SPSC) Earnings History
Growth Compounder19 years of earnings data (2007–2025) · Consistent double-digit EPS growth over 5 years
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SPS Commerce, Inc. (SPSC) Earnings Overview
As of June 22, 2026, SPS Commerce, Inc. (SPSC) reported trailing twelve-month net income of $91M, reflecting +20.6% year-over-year growth. The company earned $2.43 per diluted share over the past four quarters, with a net profit margin of 12.4%.
Looking at the long-term picture, SPSC's 5-year EPS compound annual growth rate (CAGR) stands at +14.3%, showing solid earnings momentum. The company achieved its highest annual net income of $93M in fiscal 2025, representing a new all-time high.
SPS Commerce, Inc. maintains positive profitability with a gross margin of 64.2%, operating margin of 15.7%, and net margin of 12.4%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including GDDY ($870M net income, 17.7% margin), CWAN (-$48M net income, -5.3% margin), ALKT (-$50M net income, -10.7% margin), SPSC has room to improve margins relative to the peer group. Compare SPSC vs GDDY →
SPSC Earnings vs Peers
Earnings metrics vs comparable public companies
SPSC Historical Earnings Data (2007–2025)
19 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $93M | +21.1% | $118M | $2.46 | 12.4% | 15.7% |
| 2024 | $77M | +17.1% | $89M | $2.04 | 12.1% | 13.9% |
| 2023 | $66M | +19.4% | $77M | $1.76 | 12.3% | 14.4% |
| 2022 | $55M | +23.6% | $71M | $1.49 | 12.2% | 15.8% |
| 2021 | $45M | -2.2% | $55M | $1.21 | 11.6% | 14.3% |
| 2020 | $46M | +35.2% | $50M | $1.26 | 14.6% | 16.0% |
| 2019 | $34M | +41.2% | $38M | $0.94 | 12.1% | 13.8% |
| 2018 | $24M | +1078.4% | $27M | $0.68 | 9.6% | 10.8% |
| 2017 | -$2M | -142.7% | $8M | $-0.07 | -1.1% | 3.8% |
| 2016 | $6M | +23.1% | $8M | $0.17 | 3.0% | 3.9% |
| 2015 | $5M | +71.6% | $7M | $0.14 | 2.9% | 4.4% |
| 2014 | $3M | +157.3% | $4M | $0.08 | 2.1% | 3.4% |
| 2013 | $1M | -14.0% | $2M | $0.03 | 1.0% | 1.7% |
| 2012 | $1M | -91.1% | $2M | $0.04 | 1.6% | 2.0% |
| 2011 | $14M | +375.1% | $1M | $0.54 | 23.6% | 2.0% |
| 2010 | $3M | +148.2% | $3M | $0.12 | 6.5% | 6.8% |
| 2009 | $1M | +161.3% | $2M | $0.06 | 3.1% | 5.0% |
| 2008 | -$2M | +12.1% | -$1M | $-3.22 | -6.2% | -4.6% |
| 2007 | -$2M | - | -$2M | $-0.11 | -8.6% | -7.2% |
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SPSC — Frequently Asked Questions
Quick answers to the most common questions about buying SPSC stock.
What is SPSC earnings per share (EPS)?
SPSC trailing twelve-month (TTM) diluted EPS is $2.43, reflecting +20.6% year-over-year growth. The 5-year EPS CAGR is +14.3%. Complete EPS history from 2007 to 2025 is available in the table on this page.
What is SPS Commerce, Inc.'s net income?
SPS Commerce, Inc. (SPSC) trailing twelve-month net income is $91M as of 2025. Earnings grew +20.6% year-over-year. SPS Commerce, Inc. has been profitable for 8 consecutive years.
Is SPSC profitable?
Yes, SPSC is profitable with a TTM net income of $91M and a net profit margin of +12.4%. SPS Commerce, Inc. has generated profits for 8 consecutive years.
What is SPSC's earnings growth rate?
SPSC compound annual EPS growth rates (CAGR): 1-Year: +20.6%, 3-Year: +18.2%, 5-Year: +14.3%, 10-Year: +33.2%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2007 to 2025.
What are SPSC's profit margins?
SPS Commerce, Inc. net profit margin is +12.4%, operating margin is +15.7%, and gross margin is +64.2%. Margins are within a typical range for the sector. Return on Equity is +10.2%.
Is SPSC growing earnings?
Yes, SPSC earnings are accelerating — EPS growth of +20.6% exceeds the 5-year CAGR of +14.3%. TTM net income reached $91M. Earnings momentum is strengthening.
What was SPSC's best earnings year?
SPS Commerce, Inc.'s highest annual net income on record is $93M, achieved in fiscal year 2025. Earnings history on this page spans 2007 to 2025 and includes all annual and quarterly figures.
What were SPSC's earnings last quarter?
SPSC's most recent reported quarter was Q1 2026. Net income was $20M with diluted EPS of $0.53. For a full breakdown of all quarters, see the quarterly earnings table on this page.