SPS COMMERCE INC earnings

SPS Commerce reported second quarter 2026 revenue of $197.8 million, up 5.6% from the prior-year quarter. For the first six months of 2026, revenue was $389.9 million, up 5.7%. Gross profit rose 8.8% to $138.8 million, and gross margin expanded to 70.2%, up 2.1 percentage points.

SPS Commerce reported first quarter 2026 revenue of $192.1 million, up 5.8% from the prior-year quarter, with recurring revenue growing 7%. Gross profit rose to $132.9 million, up 6.6%, and gross margin reached 69.2%, up 0.5 percentage points. Operating income moved the other way, falling to $24.6 million, down 5.4%.

SPS Commerce closed fiscal 2025 with fourth-quarter revenue of $192.7 million, up 12.7% from the prior-year quarter. That marked the 100th consecutive quarter of revenue growth. Recurring revenue grew 14% year over year in the quarter. Full-year revenue reached $751.5 million, up 17.8%.

SPS Commerce reported third quarter revenue of $189.9 million, up 16% from the prior-year quarter. It was the 99th consecutive quarter of topline growth, and recurring revenue grew 18% from the third quarter of 2024. Gross profit was $131.97 million, up 17.8%, and gross margin was 69.5%, up 1.0 percentage point.

SPS Commerce reported fiscal 2025 second quarter revenue of $187.4 million, up 22.0% from the prior-year quarter. Gross profit was $127.6 million, up 25.6%, operating income was $26.5 million, up 14.3%, net income was $19.7 million, up 9.4%, and diluted EPS was $0.52, up $0.04, all versus the prior-year quarter.

SPS Commerce opened fiscal 2025 with another quarter of double-digit growth. Revenue was $181.5 million, up 21.4% from the prior-year quarter, marking the 97th consecutive quarter of topline growth. Recurring revenue climbed 23% to $172.3 million and accounted for 95% of total revenue.

SPS Commerce closed fiscal 2024 with fourth-quarter revenue of $170.9 million, up 17.9% from the prior-year quarter, marking the company's 96th consecutive quarter of topline growth. Recurring revenue grew 19% in the quarter.

SPS Commerce kept revenue growth above 20% in the September quarter, its 95th consecutive quarter of topline growth. Revenue was $163.7 million, up 20.7% from $135.7 million in the prior-year quarter.

SPS Commerce reported $153.6 million of revenue in its fiscal 2024 second quarter, up 17.8% from $130.4 million in the same quarter a year earlier. The company called it the 94th consecutive quarter of topline growth, a streak it cites in both the earnings release and the 10-Q.

SPS Commerce reported its 93rd consecutive quarter of revenue growth in the first quarter of fiscal 2024. Revenue reached $149.6 million, up 18.8% from $125.9 million in the prior-year quarter. Net income rose 17.8% to $18.0 million, and diluted EPS came in at $0.48 against $0.41 a year earlier.

SPS Commerce closed fiscal 2023 with its 92nd consecutive quarter of topline growth. Fourth quarter revenue rose 18.8% to $144.96 million. Full-year revenue rose 19.1% to $536.91 million. Recurring revenue grew 19% from the fourth quarter of 2022 and 20% for the full year.

SPS Commerce reported $135.66 million in third quarter revenue, up 18.5% from the same period a year earlier. It was the company's 91st consecutive quarter of topline growth. Revenue for the first nine months of 2023 was $391.94 million, up 19.2%.

SPS Commerce reported second quarter fiscal 2023 revenue of $130.4 million, up 19.5% from $109.2 million in the prior-year quarter, and the company flagged the period as its 90th consecutive quarter of topline growth. Recurring revenue did most of the work.

SPS Commerce reported first-quarter FY2023 revenue of $125.9 million, up 19.7% from $105.2 million in the prior-year quarter. The company marked its 89th consecutive quarter of topline growth. Gross profit was $82.90 million, up 18.8% from $69.80 million.

SPS Commerce closed fiscal 2022 with fourth quarter revenue of $122.0 million, up 18.7% from $102.8 million a year earlier. That extends the company's streak to 88 consecutive quarters of topline growth. Full year revenue reached $450.9 million, up 17.0% from $385.3 million in 2021.

SPS Commerce reported third quarter 2022 revenue of $114.5 million, up 17% from the prior-year quarter. The company said this was its 87th consecutive quarter of topline growth. Recurring revenue grew 18% and made up 93% of total revenue, up from 92% a year earlier.

SPS Commerce reported second quarter 2022 revenue of $109.2 million, up 15.5% from the prior-year quarter. That marked the company's 86th consecutive quarter of topline growth.

SPS Commerce posted first-quarter 2022 revenue of $105.2 million, up 16.8% from $90.1 million in the first quarter of 2021. Net income rose to $12.6 million, or $0.34 per diluted share, from $10.2 million, or $0.28 per diluted share, a year earlier. Gross profit increased to $69.8 million from $60.1 million.

SPS Commerce closed fiscal 2021 with fourth quarter revenue of $102.76 million, up 23.3% from the prior-year quarter. Full year revenue reached $385.28 million, up 23.2% from the prior year. The company said the quarter marked its 84th consecutive quarter of revenue growth.

SPS Commerce reported third-quarter fiscal 2021 revenue of $97.9 million, up 23.0% from the prior-year quarter. The company said this was its 83rd consecutive quarter of revenue growth. Recurring revenue grew 20% from the third quarter of 2020.

SPS Commerce posted another quarter of top-line expansion. Revenue for the second quarter of 2021 ended June 30, 2021 was $94.5 million, up 25.1% from the prior-year quarter. That marked the 82nd consecutive quarter of revenue growth. Recurring revenue grew 22% from the second quarter of 2020.

SPS Commerce opened fiscal 2021 with first quarter revenue of $90.1 million, up 21.4% from $74.2 million in the first quarter of 2020. It was the 81st consecutive quarter of revenue growth for the retail cloud services provider.