Finanzen von SPS Commerce Inc (SPSC)SPSCSPS Commerce Inc

SPS Commerce, Inc. (SPSC) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Fulfillment, accounting for 85.9% of total sales, equivalent to $169.98M. Other significant revenue streams include Analytics and One-time revenues. Understanding this composition is critical for investors evaluating how SPSC navigates market cycles within the Software industry.

Evaluating the bottom line, SPS Commerce, Inc. maintains a gross margin of 65.42%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 16.11%, while the net margin is 3.47%. These profitability ratios, combined with a Return on Equity (ROE) of 8.26%, provide a clear picture of how effectively SPSC converts its operational activities into shareholder value.

In the context of the broader market, SPSC competes directly with industry leaders such as APPN and CLBT. With a market capitalization of $3.03B, it holds a significant position in the sector. When comparing efficiency, SPSC's gross margin of 65.42% stands against APPN's 71.21% and CLBT's 80.78%. Such benchmarking helps identify whether SPS Commerce, Inc. is trading at a premium or discount relative to its financial performance.

SPS Commerce's revenue has shown consistent growth, with Q2 2026 revenue at $197.8 million, a 6% increase year-over-year. The gross margin is strong at 65.42%, and the net margin has been impacted recently, dropping to 3.47% in Q2 2026, indicating some operational challenges.