SPS Commerce Second Quarter 2025 Earnings: EPS Beats Expectations

August 04, 2025

SPS Commerce (NASDAQ:SPSC) Second Quarter 2025 Results

Key Financial Results

Revenue: US$187.4m (up 22% from 2Q 2024).
Net income: US$19.7m (up 9.4% from 2Q 2024).
Profit margin: 11% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses.
EPS: US$0.52 (up from US$0.49 in 2Q 2024).

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earnings-and-revenue-growth — NasdaqGS:SPSC Earnings and Revenue Growth August 4th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

SPS Commerce EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 26% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of SPS Commerce's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.