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Sps Commerce (SPSC)
NASDAQ:SPSC
Earnings Data
Report Date
Apr 23, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.98Last Year’s EPS
1Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of strong execution and durable fundamentals—notably milestone growth streak, healthy revenue and EBITDA expansion, ARPU improvement, cash generation, acquisitions, and AI product launches— tempered by near-term headwinds: macro/tariff impacts, Amazon policy effects on revenue recovery, 3P customer declines, timing delays on enablement campaigns, and a conservative near-term revenue guide. Management emphasized margin expansion, buybacks, and strategic focus on 1P and AI-driven cross-sell as offsets to the short-term pressures.Company Guidance
100 Consecutive Quarters of Revenue Growth
SPS achieved its 100th consecutive quarter of revenue growth, underscoring long-term consistency in top-line performance and market position.
Strong Full-Year Revenue and Recurring Revenue Growth
FY2025 revenue of $751.5M, up 18% year-over-year; recurring revenue grew 20% year-over-year, driven by fulfillment growth.
Quarterly Results and Profitability Expansion
Q4 2025 revenue of $192.7M, up 13% YoY; Q4 adjusted EBITDA of $60.5M, up 22% YoY. FY2025 adjusted EBITDA grew 24% to $231.4M.
Recurring Business Strength and ARPU Improvement
Total recurring revenue customers ~54,600; annualized ARPU increased to approximately $14,300, supporting durable revenue per customer expansion.
Cash Generation and Shareholder Returns
Year-end cash and equivalents of $151.0M. Returned $115.0M via share repurchases in 2025 (76% of free cash flow deployed) and Board increased repurchase authorization to $300.0M.
Product & M&A Strategy: Revenue Recovery and AI
Acquired Carbon6 (building on prior SupplyPike acquisition) to expand revenue recovery capabilities (addressable market quoted at $750M for 1P U.S. sellers). Launched MACS agentic AI within the SPS network and announced analytics re-platforming to support AI use cases.
2026 Guidance & Margin Targets
FY2026 revenue guidance $798.5M–$806.9M (~7% growth at midpoint) and adjusted EBITDA guidance $261.0M–$265.5M (13%–15% growth). Company expects to expand adjusted EBITDA margin by ~2 percentage points annually.
SPSC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SPSC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | $64.75 | $61.92 | -4.37% |
Oct 30, 2025 | $103.89 | $82.24 | -20.84% |
Jul 30, 2025 | $139.56 | $108.86 | -22.00% |
Apr 24, 2025 | $139.03 | $137.81 | -0.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sps Commerce (SPSC) report earnings?
Sps Commerce (SPSC) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).
What is Sps Commerce (SPSC) earnings time?
Sps Commerce (SPSC) earnings time is at Apr 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SPSC EPS forecast?
SPSC EPS forecast for the fiscal quarter 2026 (Q1) is 0.98.
