Duyuru • May 03
SPS Commerce, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2026 SPS Commerce, Inc. provided earnings guidance for the second quarter and full year of 2026. For the quarter, revenue is expected to be in the range of $194.5 million to $196.5 million, representing 4% to 5% year-over-year growth, Net income per diluted share is expected to be in the range of $0.53 to $0.56, with fully diluted weighted average shares outstanding of 37.3 million shares.
For the year, revenue is expected to be in the range of $796.0 million to $802.0 million, representing 6% to 7% growth over 2025, Net income per diluted share is expected to be in the range of $2.66 to $2.69, with fully diluted weighted average shares outstanding of 37.3 million shares. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: US$0.53 (vs US$0.58 in 1Q 2025) First quarter 2026 results: EPS: US$0.53 (down from US$0.58 in 1Q 2025). Revenue: US$192.1m (up 5.8% from 1Q 2025). Net income: US$19.7m (down 11% from 1Q 2025). Profit margin: 10% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Mike McConnell was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 17
SPS Commerce, Inc. to Report Q1, 2026 Results on Apr 30, 2026 SPS Commerce, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026 Duyuru • Apr 15
SPS Commerce, Inc., Annual General Meeting, May 28, 2026 SPS Commerce, Inc., Annual General Meeting, May 28, 2026. New Risk • Apr 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €52.50, the stock trades at a forward P/E ratio of 23x. Average trailing P/E is 18x in the Software industry in Italy. Board Change • Mar 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Mike McConnell was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Full year 2025 earnings released: EPS: US$2.46 (vs US$2.07 in FY 2024) Full year 2025 results: EPS: US$2.46 (up from US$2.07 in FY 2024). Revenue: US$751.5m (up 18% from FY 2024). Net income: US$93.3m (up 21% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €59.00, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 11x in the Software industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €103 per share. Duyuru • Feb 11
SPS Commerce Introduces Max, New Capabilities Embedded in SPS' Agentic Supply Chain Network SPS Commerce announced MAX, delivering new and unparalleled agentic capabilities. MAX draws on 300,000 trading connections, decades of expertise, proprietary network intelligence, and billions of transactions to help customers unlock greater value from AI. This announcement builds on SPS Commerce's recent introduction of AI-driven Fulfillment capabilities, representing a meaningful step forward in how customers experience and benefit from artificial intelligence across the supply chain. Unlike other AI tools in the market that surface dashboards, answer isolated questions or focus on proactive activities like mapping, MAX is embedded into existing supply chain workflows assessing and guiding customer connections to support the success of their business and trading relationships. MAX will initially be launched with three features: Chat, Monitor, and Connect. MAX Chat: Day-to-Day, Reinvented Chat is embedded directly into day-to-day operations. Customers will now have more direct access to the proprietary insights for working with trading partners. MAX will use these insights to spot patterns that signal potential issues, guide workflows at each step, and help teams resolve problems before they become chargebacks or rejected shipments. MAX Monitor: Always On. always Working: MAX continuously monitors transactions, workflow requirements, and exceptions across the 300,000 connections and billions of transactions across the network. It helps to automate routine tasks, surfaces critical insights proactively, and keeps operations moving by supporting teams even when they are offline saving time while improving performance. MAX Connect: Designed to Work Wherever You Do Ready for the agentic future, MAX Connect supports Model Context Protocol (MCP) and is built to collaborate with other agents across the ecosystem MAXimizing the impact of AI for retailers, suppliers, and logistics partners. MAX can collaborate with AI peers, ERPs, CRMs, and data platforms to bring network intelligence into existing workflows. Duyuru • Feb 02
SPS Commerce, Inc. to Report Q4, 2025 Results on Feb 12, 2026 SPS Commerce, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 12, 2026 Duyuru • Jan 09
SPS Commerce, Inc. Announces New Product Innovations Enabling Retailers and Brands to Meet the Needs of Evolving Supply Chains SPS Commerce, Inc. announced new products and capabilities to address four key trends reshaping how goods move from creation to consumption. These trends are based on insights from its team of supply chain experts and intelligence from its network, which enables over 750 million transactions annually. This capability connects SAP S/4HANA Private and Public Cloud editions directly to the SPS network, simplifying integrations and supporting real-time visibility across every connected channel. System Automation for Shopify - Shopify sellers expanding into retail often struggle to manage multiple ordering systems. This capability centralizes all orders, inventory, and shipping updates in one place and provides retailers with a consistent, accurate view of order status as sellers expand into more complex omnichannel operations. Companies across retail and manufacturing are shifting away from single-source supply networks toward more regional and diversified models. This transition introduces new partners, new geographies, and new layers of complexity. As production footprints shift, both retailers and suppliers must stay aligned with partners they have never worked with before and maintain visibility into performance across more tiers of the supply chain. SPS Commerce Relationship Center - enables companies to bring on new partners and expand into new regions. It streamlines onboarding, reduces time to revenue, and keeps both sides aligned during transitions, so disruptions are minimized. SPS Relationship Center gives retailers and suppliers a shared space to exchange item data, compliance requirements, and operational information. Every step of the supply chain is under scrutiny, meaning Manufacturers are also rewiring their own supply networks as they add new raw material providers, component suppliers, and production partners. The SPS Commerce Manufacturing Suite helps manufacturers improve the performance of their upstream supplier networks. By improving visibility into quality, timeliness, and production reliability, the solution supports more resilient manufacturing operations as companies diversify their supply bases. Retailers and suppliers are operating in a market where demand patterns shift frequently and often without warning. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €70.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Software industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €111 per share. Buy Or Sell Opportunity • Oct 31
Now 34% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to €69.00. The fair value is estimated to be €104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: US$0.68 (vs US$0.63 in 3Q 2024) Third quarter 2025 results: EPS: US$0.68 (up from US$0.63 in 3Q 2024). Revenue: US$189.9m (up 16% from 3Q 2024). Net income: US$25.6m (up 9.0% from 3Q 2024). Profit margin: 14% (in line with 3Q 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Duyuru • Oct 17
SPS Commerce, Inc. to Report Q3, 2025 Results on Oct 30, 2025 SPS Commerce, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Duyuru • Aug 21
SPS Commerce, Inc. Approves Appointment of Mark Partin as Director, Member of the Audit Committee, Effective August 18, 2025 On August 18, 2025, the Board of Directors of SPS Commerce, Inc. approved an increase in the size of the Board from seven to eight members and appointed Mark Partin as a director, effective August 18, 2025. Mr. Partin will serve as a director until the 2026 annual meeting of stockholders and until his successor is elected and qualified, or until his earlier death, resignation, or removal. The Board determined that Mr. Partin qualifies as an independent director pursuant to the listing standards of the Nasdaq Stock Market and the rules of the U.S. Securities and Exchange Commission (the SEC). The Board has also appointed Mr. Partin to serve on the Audit Committee. Duyuru • Jul 31
SPS Commerce, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2025 SPS Commerce, Inc. provided earnings guidance for the third quarter of 2025. For the quarter, the company's revenue is expected to be in the range of $191.7 million to $193.2 million, representing 17% to 18% year-over-year growth. Net income per diluted share is expected to be in the range of $0.50 to $0.54, with fully diluted weighted average shares outstanding of 38.5 million shares.
For the year, the company expects Revenue is expected to be in the range of $759.0 million to $763.0 million, representing 19% to 20% growth over 2024. Net income per diluted share is expected to be in the range of $2.17 to $2.22, with fully diluted weighted average shares outstanding of 38.3 million shares. Duyuru • Jul 17
SPS Commerce, Inc. to Report Q2, 2025 Results on Jul 30, 2025 SPS Commerce, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025