SPS Commerce Net Income
| SPSC Stock | USD 79.53 0.53 0.67% |
As of the 9th of February, SPS Commerce has the variance of 2.96, and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of SPS Commerce, as well as the relationship between them.
SPS Commerce Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 3.9364 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 88.6 M | 93 M | |
| Net Income Applicable To Common Shares | 63.4 M | 66.6 M | |
| Net Income From Continuing Ops | 88.6 M | 93 M | |
| Net Income Per Share | 1.86 | 1.95 | |
| Net Income Per E B T | 0.89 | 1.55 |
SPS | Net Income | Build AI portfolio with SPS Stock |
Analyzing SPS Commerce's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing SPS Commerce's current valuation and future prospects.
Latest SPS Commerce's Net Income Growth Pattern
Below is the plot of the Net Income of SPS Commerce over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in SPS Commerce financial statement analysis. It represents the amount of money remaining after all of SPS Commerce operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is SPS Commerce's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SPS Commerce's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 77.05 M | 10 Years Trend |
|
Net Income |
| Timeline |
SPS Net Income Regression Statistics
| Arithmetic Mean | 32,462,753 | |
| Geometric Mean | 13,837,875 | |
| Coefficient Of Variation | 103.15 | |
| Mean Deviation | 28,689,386 | |
| Median | 23,872,000 | |
| Standard Deviation | 33,484,665 | |
| Sample Variance | 1121.2T | |
| Range | 95.5M | |
| R-Value | 0.93 | |
| Mean Square Error | 166.3T | |
| R-Squared | 0.86 | |
| Slope | 6,152,717 | |
| Total Sum of Squares | 17939.6T |
SPS Net Income History
Other Fundumenentals of SPS Commerce
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
SPS Commerce Net Income component correlations
SPS Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for SPS Commerce is extremely important. It helps to project a fair market value of SPS Stock properly, considering its historical fundamentals such as Net Income. Since SPS Commerce's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SPS Commerce's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SPS Commerce's interrelated accounts and indicators.
Click cells to compare fundamentals
Will Application Software sector continue expanding? Could SPS diversify its offerings? Factors like these will boost the valuation of SPS Commerce. If investors know SPS will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every SPS Commerce data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.081 | Earnings Share 2.24 | Revenue Per Share | Quarterly Revenue Growth 0.16 | Return On Assets |
Investors evaluate SPS Commerce using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating SPS Commerce's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause SPS Commerce's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between SPS Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPS Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, SPS Commerce's market price signifies the transaction level at which participants voluntarily complete trades.
SPS Commerce 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SPS Commerce's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SPS Commerce.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in SPS Commerce on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding SPS Commerce or generate 0.0% return on investment in SPS Commerce over 90 days. SPS Commerce is related to or competes with Euronet Worldwide, PagSeguro Digital, WeRide American, Avepoint, BlackBerry, DigitalOcean Holdings, and Clear Secure. SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide More
SPS Commerce Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SPS Commerce's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SPS Commerce upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.94 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.21 |
SPS Commerce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPS Commerce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPS Commerce's standard deviation. In reality, there are many statistical measures that can use SPS Commerce historical prices to predict the future SPS Commerce's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SPS Commerce's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SPS Commerce February 9, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 1.27 | |||
| Coefficient Of Variation | (4,157) | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.96 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 9.94 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.21 | |||
| Skewness | (1.02) | |||
| Kurtosis | 2.51 |
SPS Commerce Backtested Returns
SPS Commerce owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0163, which indicates the firm had a -0.0163 % return per unit of standard deviation over the last 3 months. SPS Commerce exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPS Commerce's risk adjusted performance of (0.01), and Variance of 2.96 to confirm the risk estimate we provide. The entity has a beta of 0.92, which indicates possible diversification benefits within a given portfolio. SPS Commerce returns are very sensitive to returns on the market. As the market goes up or down, SPS Commerce is expected to follow. At this point, SPS Commerce has a negative expected return of -0.0286%. Please make sure to validate SPS Commerce's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if SPS Commerce performance from the past will be repeated at some future point.
Auto-correlation | -0.82 |
Excellent reverse predictability
SPS Commerce has excellent reverse predictability. Overlapping area represents the amount of predictability between SPS Commerce time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPS Commerce price movement. The serial correlation of -0.82 indicates that around 82.0% of current SPS Commerce price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 21.01 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
SPS Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, SPS Commerce reported net income of 77.05 M. This is 85.7% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The net income for all United States stocks is 86.5% higher than that of the company.
SPS Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPS Commerce's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SPS Commerce could also be used in its relative valuation, which is a method of valuing SPS Commerce by comparing valuation metrics of similar companies.SPS Commerce is currently under evaluation in net income category among its peers.
SPS Commerce ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SPS Commerce's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SPS Commerce's managers, analysts, and investors.Environmental | Governance | Social |
SPS Commerce Institutional Holders
Institutional Holdings refers to the ownership stake in SPS Commerce that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of SPS Commerce's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SPS Commerce's value.| Shares | Geneva Capital Management | 2025-06-30 | 619 K | Jpmorgan Chase & Co | 2025-06-30 | 522.9 K | Riverbridge Partners Llc | 2025-06-30 | 518.4 K | Charles Schwab Investment Management Inc | 2025-06-30 | 505.3 K | Northern Trust Corp | 2025-06-30 | 501.7 K | Fred Alger Management, Llc | 2025-06-30 | 487.2 K | Dimensional Fund Advisors, Inc. | 2025-06-30 | 454.1 K | Bank Of America Corp | 2025-06-30 | 425.6 K | Disciplined Growth Investors Inc | 2025-06-30 | 425.1 K | Blackrock Inc | 2025-06-30 | 5.8 M | Vanguard Group Inc | 2025-06-30 | 4.7 M |
SPS Fundamentals
| Return On Equity | 0.0951 | ||||
| Return On Asset | 0.0626 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 2.87 B | ||||
| Shares Outstanding | 37.71 M | ||||
| Shares Owned By Insiders | 1.19 % | ||||
| Shares Owned By Institutions | 98.81 % | ||||
| Number Of Shares Shorted | 2.03 M | ||||
| Price To Earning | 103.21 X | ||||
| Price To Book | 3.13 X | ||||
| Price To Sales | 4.13 X | ||||
| Revenue | 637.76 M | ||||
| Gross Profit | 499.5 M | ||||
| EBITDA | 131.11 M | ||||
| Net Income | 77.05 M | ||||
| Cash And Equivalents | 259.24 M | ||||
| Cash Per Share | 7.20 X | ||||
| Total Debt | 12.47 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 3.61 X | ||||
| Book Value Per Share | 25.41 X | ||||
| Cash Flow From Operations | 157.4 M | ||||
| Short Ratio | 3.85 X | ||||
| Earnings Per Share | 2.24 X | ||||
| Price To Earnings To Growth | 4.71 X | ||||
| Target Price | 99.82 | ||||
| Number Of Employees | 2.78 K | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 3.01 B | ||||
| Total Asset | 1.03 B | ||||
| Retained Earnings | 336.1 M | ||||
| Working Capital | 235.22 M | ||||
| Current Asset | 166.79 M | ||||
| Current Liabilities | 24.23 M | ||||
| Net Asset | 1.03 B |
About SPS Commerce Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPS Commerce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPS Commerce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPS Commerce based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SPS Commerce offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPS Commerce's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sps Commerce Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sps Commerce Stock:Check out For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Will Application Software sector continue expanding? Could SPS diversify its offerings? Factors like these will boost the valuation of SPS Commerce. If investors know SPS will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every SPS Commerce data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.081 | Earnings Share 2.24 | Revenue Per Share | Quarterly Revenue Growth 0.16 | Return On Assets |
Investors evaluate SPS Commerce using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating SPS Commerce's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause SPS Commerce's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between SPS Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPS Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, SPS Commerce's market price signifies the transaction level at which participants voluntarily complete trades.