SPSC
SPS Commerce, Inc.
NasdaqGSUSDEQUITY
Technology
DELAYED
Buy
+29/100
Last price
81.02
▲ 0.56 (0.70%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
80.47
Prev close
80.46
Day high
83.16
Day low
80.19
Volume
467.46K
Market cap
$2.92B
P/E (TTM)
38.95
52W range
49.04 – 114.87
Day trading desk
Gap from prior close
+0.01%
Prior close 80.46
VWAP
81.06
-0.04% from price
Relative volume
1.32×
Normal
Session range
3.70%
80.19 – 83.16
Position in range
28%
Near session low
ATR (14D)
2.75
3.39% of price
Prior day high
82.73
PDH
Prior day low
80.25
PDL
Bid / ask spread
—
Quote not published
Session volume
727.15K
Avg 549.80K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.38%
-3.3%
1M
-2.39%
-3.5%
3M
+37.11%
+32.6%
6M
+38.54%
+20.4%
YTD
-9.10%
-23.3%
1Y
-23.52%
-39.9%
3Y
-52.51%
-134.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SPSC open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+211.03K
Net buying
Buy transactions
12
213.03K shares
Sell transactions
2
2.00K shares
Net transactions
+14
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
370.44K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 28, 26 | RELLER TAMI L Director |
STOCK | 3.74K | $0 | Direct |
| May 28, 26 | PARTIN MARK W. Director |
STOCK | 3.74K | $0 | Direct |
| May 28, 26 | SORAN PHILIP E Director |
STOCK | 3.74K | $0 | Direct |
| May 28, 26 | MCCONNELL MICHAEL J Director |
STOCK | 3.74K | $0 | Direct |
| May 28, 26 | REAUME MARTY M Director |
STOCK | 3.74K | $0 | Direct |
| May 28, 26 | WARD ANNE SEMPOWSKI Director |
STOCK | 3.74K | $0 | Direct |
| May 28, 26 | CHIMA FUMBI F. Director |
STOCK | 3.74K | $0 | Direct |
| May 28, 26 | GAURAV RAZAT Director |
STOCK | 3.74K | $0 | Direct |
| May 8, 26 | THINGELSTAD JAMIE J Chief Technology Officer |
STOCK | 39.43K | $0 | Direct |
| May 7, 26 | REAUME MARTY M Director |
SELL | 1.00K | $57.03K | Direct |
| May 7, 26 | REAUME MARTY M Director |
CONVERSION | 1.00K | $51.80K | Direct |
| May 7, 26 | DEL PRETO JOSEPH M II Chief Financial Officer |
STOCK | 141.71K | $0 | Direct |
| Apr 7, 26 | REAUME MARTY M Director |
SELL | 1.00K | $57.90K | Direct |
| Apr 7, 26 | REAUME MARTY M Director |
CONVERSION | 1.00K | $51.80K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
COLLINS CHADWICK |
Chief Executive Officer | 174.24K | Sale |
DEL PRETO JOSEPH M II |
Chief Financial Officer | 141.71K | Stock Award(Grant) |
JUCKNIESS DANIEL |
Officer | 1.37M | Sale |
NELSON KIMBERLY K |
Chief Financial Officer | 185.62K | Sale |
REAUME MARTY M |
Director | 12.89K | Stock Award(Grant) |
RELLER TAMI L |
Director | 54.91K | Stock Award(Grant) |
ROSINI EDUARDO |
Officer | 109.87K | Stock Award(Grant) |
SORAN PHILIP E |
Director | 25.91K | Stock Award(Grant) |
THINGELSTAD JAMIE J |
Chief Technology Officer | 96.28K | Stock Award(Grant) |
WEHRWEIN SVEN A |
Director | 17.52K | Stock Award(Grant) |
Fundamentals
Market cap$2.92B
Enterprise value$2.75B
Revenue (TTM)$772.49M
Gross profit$539.36M
EBITDA$183.20M
Net income$78.00M
EPS (TTM)$2.08
Free cash flow$176.57M
Total cash$173.17M
Total debt$6.31M
Book value / share$25.93
Shares outstanding36.00M
Float35.56M
Short % of float10.72%
Dividend yield0.00%
Beta (5Y)0.62
Valuation & profitability ratios
Trailing P/E38.95
Forward P/E15.21
PEG ratio4.55
Price / sales—
Price / book3.12
EV / revenue3.56
EV / EBITDA15.01
Gross margin69.82%
Operating margin16.11%
Profit margin10.10%
Return on equity8.26%
Return on assets6.80%
Debt / equity0.67
Current ratio2.26
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $751.50M | $637.76M | $536.91M | $450.88M | +17.8% |
| Operating revenue | $751.50M | $637.76M | $536.91M | $450.88M | +17.8% |
| Cost of revenue | $231.63M | $210.71M | $182.07M | $153.06M | +9.9% |
| Gross profit | $519.88M | $427.05M | $354.84M | $297.81M | +21.7% |
| Research & development | $68.68M | $62.81M | $53.65M | $45.75M | +9.3% |
| Selling, general & admin | $295.72M | $251.85M | $207.82M | $169.11M | +17.4% |
| Total operating expense | $401.57M | $338.17M | $277.59M | $226.63M | +18.7% |
| Operating income | $118.30M | $88.88M | $77.25M | $71.18M | +33.1% |
| Pre-tax income | $123.83M | $99.48M | $85.56M | $71.32M | +24.5% |
| Tax provision | $30.50M | $22.42M | $19.74M | $16.19M | +36.0% |
| Net income | $93.34M | $77.05M | $65.82M | $55.13M | +21.1% |
| Net income to common | $93.34M | $77.05M | $65.82M | $55.13M | +21.1% |
| Basic EPS | 2.46 | 2.07 | 1.80 | 1.53 | +18.8% |
| Diluted EPS | 2.46 | 2.04 | 1.76 | 1.49 | +20.6% |
| EBIT | $118.30M | $88.88M | $77.25M | $71.18M | +33.1% |
| EBITDA | $176.56M | $131.11M | $112.00M | $99.37M | +34.7% |
| Basic shares | 37.88M | 37.31M | 36.65M | 36.12M | +1.5% |
| Diluted shares | 37.99M | 37.86M | 37.48M | 36.95M | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $151.35M | $241.02M | $219.08M | $162.89M | -37.2% |
| Cash & short-term investments | $151.35M | $241.02M | $275.44M | $214.31M | -37.2% |
| Accounts receivable | $68.17M | $52.03M | $46.84M | $39.44M | +31.0% |
| Total current assets | $335.30M | $381.91M | $401.44M | $322.81M | -12.2% |
| Property, plant & equipment | $48.14M | $45.74M | $43.91M | $44.63M | +5.3% |
| Goodwill & intangibles | $757.53M | $580.47M | $356.52M | $285.64M | +30.5% |
| Total assets | $1.17B | $1.03B | $823.84M | $672.91M | +13.4% |
| Total current liabilities | $154.35M | $146.68M | $130.67M | $110.64M | +5.2% |
| Total debt | $7.19M | $12.47M | $14.03M | $17.29M | -42.3% |
| Total liabilities | $195.97M | $176.54M | $156.37M | $135.84M | +11.0% |
| Retained earnings | $429.44M | $336.10M | $259.05M | $193.22M | +27.8% |
| Shareholder equity | $973.89M | $854.69M | $667.48M | $537.07M | +13.9% |
| Working capital | $180.95M | $235.22M | $270.77M | $212.17M | -23.1% |
| Net tangible assets | $216.36M | $274.22M | $310.95M | $251.44M | -21.1% |
| Shares issued | 40.05M | 39.59M | 38.97M | 38.31M | +1.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $93.34M | $77.05M | $65.82M | $55.13M | +21.1% |
| Depreciation & amortisation | $58.26M | $42.23M | $34.75M | $28.19M | +38.0% |
| Stock-based compensation | $53.73M | $54.56M | $45.51M | $33.40M | -1.5% |
| Change in working capital | -$54.27M | -$14.92M | -$11.82M | -$16.52M | -263.8% |
| Operating cash flow | $178.79M | $157.40M | $132.30M | $100.05M | +13.6% |
| Capital expenditure | -$26.52M | -$20.05M | -$19.76M | -$19.88M | -32.3% |
| Investing cash flow | -$169.15M | -$110.45M | -$92.64M | -$112.79M | -53.1% |
| Share buybacks | -$114.28M | -$37.57M | $0 | -$43.22M | -204.2% |
| Financing cash flow | -$100.83M | -$23.03M | $15.97M | -$31.63M | -337.9% |
| Free cash flow | $152.27M | $137.35M | $112.54M | $80.17M | +10.9% |
| End cash position | $151.35M | $241.02M | $219.08M | $162.89M | -37.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $197.81M | $192.12M | $192.65M | $189.90M | $187.40M | +3.0% |
| Operating revenue | $197.81M | $192.12M | $192.65M | $189.90M | $187.40M | +3.0% |
| Cost of revenue | $59.03M | $59.22M | $56.96M | $57.93M | $59.83M | -0.3% |
| Gross profit | $138.79M | $132.90M | $135.69M | $131.97M | $127.57M | +4.4% |
| Research & development | $16.96M | $17.92M | $16.69M | $17.28M | $17.27M | -5.4% |
| Selling, general & admin | $80.58M | $81.11M | $74.74M | $74.01M | $74.32M | -0.6% |
| Total operating expense | $106.92M | $108.34M | $101.01M | $100.78M | $101.10M | -1.3% |
| Operating income | $31.87M | $24.56M | $34.69M | $31.19M | $26.47M | +29.8% |
| Pre-tax income | $10.41M | $25.96M | $35.98M | $32.45M | $27.24M | -59.9% |
| Tax provision | $3.55M | $6.24M | $10.14M | $6.88M | $7.51M | -43.1% |
| Net income | $6.86M | $19.73M | $25.84M | $25.57M | $19.73M | -65.2% |
| Net income to common | $6.86M | $19.73M | $25.84M | $25.57M | $19.73M | -65.2% |
| Basic EPS | 0.19 | 0.53 | 0.69 | 0.67 | 0.52 | -64.2% |
| Diluted EPS | 0.19 | 0.53 | 0.68 | 0.67 | 0.52 | -64.2% |
| EBIT | $31.87M | $24.56M | $34.69M | $31.19M | $26.47M | +29.8% |
| EBITDA | $47.40M | $39.71M | $50.05M | $46.04M | $40.97M | +19.4% |
| Basic shares | 36.53M | 37.38M | 37.71M | 37.90M | 37.97M | -2.3% |
| Diluted shares | 36.58M | 37.44M | 37.76M | 37.99M | 38.10M | -2.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $173.17M | $154.27M | $151.35M | $133.72M | $107.60M | +12.2% |
| Cash & short-term investments | $173.17M | $154.27M | $151.35M | $133.72M | $107.60M | +12.2% |
| Accounts receivable | $63.69M | $65.11M | $68.17M | $67.44M | $67.51M | -2.2% |
| Total current assets | $330.40M | $328.74M | $335.30M | $315.62M | $269.38M | +0.5% |
| Property, plant & equipment | $49.13M | $51.01M | $48.14M | $48.17M | $47.55M | -3.7% |
| Goodwill & intangibles | $711.86M | $746.90M | $757.53M | $768.30M | $780.62M | -4.7% |
| Total assets | $1.13B | $1.16B | $1.17B | $1.16B | $1.12B | -3.1% |
| Total current liabilities | $146.26M | $154.95M | $154.35M | $160.05M | $147.97M | -5.6% |
| Total debt | $6.31M | $6.62M | $7.19M | $9.64M | $10.80M | -4.7% |
| Total liabilities | $186.95M | $199.05M | $195.97M | $199.74M | $171.32M | -6.1% |
| Retained earnings | $456.03M | $449.17M | $429.44M | $403.60M | $378.03M | +1.5% |
| Shareholder equity | $938.48M | $962.16M | $973.89M | $958.94M | $949.78M | -2.5% |
| Working capital | $184.13M | $173.79M | $180.95M | $155.57M | $121.41M | +6.0% |
| Net tangible assets | $226.63M | $215.25M | $216.36M | $190.64M | $169.16M | +5.3% |
| Shares issued | 36.19M | 40.24M | 40.05M | 39.97M | 39.90M | -10.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $6.86M | $19.73M | $25.84M | $25.57M | $19.73M | -65.2% |
| Depreciation & amortisation | $15.53M | $15.15M | $15.37M | $14.85M | $14.50M | +2.5% |
| Stock-based compensation | $18.70M | $18.07M | $10.41M | $14.45M | $15.00M | +3.4% |
| Change in working capital | $5.17M | $229.00K | -$14.40M | -$14.87M | -$17.81M | +2,155.5% |
| Operating cash flow | $66.03M | $55.63M | $45.87M | $60.61M | $32.32M | +18.7% |
| Capital expenditure | -$8.60M | -$7.14M | -$7.65M | -$6.06M | -$6.67M | -20.4% |
| Investing cash flow | $170.00K | -$7.14M | -$7.65M | -$6.06M | -$7.66M | +102.4% |
| Share buybacks | -$51.23M | -$47.12M | -$24.72M | -$30.00M | -$19.56M | -8.7% |
| Financing cash flow | -$47.31M | -$45.86M | -$20.68M | -$28.43M | -$12.77M | -3.2% |
| Free cash flow | $57.43M | $48.49M | $38.22M | $54.55M | $25.66M | +18.4% |
| End cash position | $173.17M | $154.27M | $151.35M | $133.72M | $107.60M | +12.2% |
Options analytics
Put / call volume
1.33
Put-heavy session
Put / call open interest
0.31
Positioning, not flow
Max pain
80.00
-1.3% from spot
ATM implied vol
70.0%
Nearest strike to spot
Skew (10% OTM)
-6.3%
Calls bid over puts
Call volume
15
Contracts, this expiry
Put volume
20
Contracts, this expiry
Heaviest call OI
85.00
159 contracts
Heaviest put OI
85.00
33 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.09 | 1.27 | +16.0% |
| Mar 2026 | 0.98 | 1.10 | +12.5% |
| Dec 2025 | 1.01 | 1.14 | +13.1% |
| Sep 2025 | 1.00 | 1.13 | +13.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.23 | 11 | $197.51M | +4.0% |
| Next quarter | 1.31 | 11 | $203.41M | +5.6% |
| Current year | 4.90 | 12 | $790.65M | +5.2% |
| Next year | 5.33 | 12 | $840.12M | +6.3% |
Analyst targets & ownership
Mean target$75.45
High target$103.00
Low target$59.00
Implied upside-6.87%
Analyst count11
ConsensusNONE
Strong buy / Buy1 / 2
Hold8
Sell / Strong sell1 / 0
Held by insiders1.03%
Held by institutions114.09%
Institutions holding444
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
81.89
-1.06% from price
SMA 20
81.30
-0.34% from price
SMA 50
79.19
+2.31% from price
SMA 100
68.30
+18.62% from price
SMA 200
68.57
+18.16% from price
EMA 12
81.68
-0.80% from price
EMA 26
80.87
+0.19% from price
EMA 50
77.75
+4.20% from price
RSI (14)
50.8
Neutral
MACD (12,26,9)
0.81
Hist -0.33
ATR (14)
2.75
3.39% of price
Realised vol 30D
34.7%
Annualised
Bollinger upper
84.44
20, 2σ
Bollinger lower
78.16
20, 2σ
50 / 200 cross
Golden
79.19 vs 68.57
Trend bias
Above 200
+18.16%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.45
Less volatile than market
Correlation to SPY
0.13
Largely independent
Realised vol 30D
34.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-55.8%
Peak to trough
Max drawdown 5Y
-76.8%
Peak to trough
ATR 14
2.75
3.39% of price
Beta (reported)
0.62
5Y monthly, from filing
Short interest
Shares short
3.25M
Prior 3.15M
Change vs prior
+2.9%
Shorts adding
% of float
10.72%
Elevated
% of shares out
9.02%
Against total outstanding
Days to cover
6.4
Crowded exit
Float
35.56M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 19, 26 | Needham | MAINTAINED | Buy | Buy |
| Jul 31, 26 | Morgan Stanley | MAINTAINED | Underweight | Underweight |
| Jul 31, 26 | Cantor Fitzgerald | MAINTAINED | Neutral | Neutral |
| Jul 31, 26 | Stifel | MAINTAINED | Hold | Hold |
| Jul 21, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Jul 21, 26 | Morgan Stanley | DOWNGRADE | Equal-Weight | Underweight |
| Jul 1, 26 | DA Davidson | MAINTAINED | Neutral | Neutral |
| May 4, 26 | Citigroup | MAINTAINED | Buy | Buy |
| May 1, 26 | DA Davidson | MAINTAINED | Neutral | Neutral |
| May 1, 26 | Cantor Fitzgerald | MAINTAINED | Neutral | Neutral |
| May 1, 26 | Needham | MAINTAINED | Buy | Buy |
| Apr 16, 26 | Rothschild & Co | DOWNGRADE | Buy | Neutral |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split2:1
Split dateAug 23, 2019
SEC filings
Periodic Financial Reports
10-Q · 2026-07-30
Periodic Financial Reports
10-Q/A · 2026-07-21
Annual report of employee stock purchase
11-K · 2026-06-29
Corporate Changes & Voting Matters
8-K · 2026-05-28
Corporate Changes & Voting Matters
8-K · 2026-05-21
Proxy Statements
DEFA14A · 2026-05-15
Corporate Changes & Voting Matters
8-K · 2026-04-30
Proxy Statements
DEFA14A · 2026-04-14
Headlines
This Company’s Software Manages Supply Chains for Retailers. Its Stock Can Surge 30%.
Barrons.com · 13d ago
3 Quality Growth Stocks For Investors Watching Global Trade And Software Demand
Simply Wall St. · 14d ago
Marketo Co-Founder Jon Miller Launches Phave, Marketing Automation That Reasons Instead of Following Rules
PR Newswire · 14d ago
SPS Commerce Brings Network Intelligence to AI, Enabling Supply Chain Leaders to Turn Investment into Insight
Business Wire · 22d ago
SPS Commerce (SPSC) Surges 7.1%: Is This an Indication of Further Gains?
Zacks · 23d ago
Why SPS Commerce Rallied on Friday
Motley Fool · 25d ago
Market Chatter: SPS Commerce in Talks to Be Acquired by GTCR
MT Newswires · 25d ago
SPS Commerce to Present at Citi's 2026 Global TMT Conference
GlobeNewswire · 34d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.