SPS Commerce Earnings Reports

SPS Commerce reported an 18% increase in revenue for Q4 2024, reaching $170.9 million. Recurring revenue saw a 19% year-over-year growth. Net income declined to $17.6 million ($0.46 per diluted share) from $19.0 million ($0.51 per share) in Q4 2023. However, non-GAAP EPS increased to $0.89 from $0.75. Adjusted EBITDA rose by 18% to $49.6 million.

SPS Commerce reported revenue of $163.7 million, a 21% increase year-over-year. Net income was $23.5 million, or $0.62 per diluted share, while non-GAAP income per diluted share was $0.92.

SPS Commerce reported strong second-quarter results with revenue of $153.6 million, reflecting 18% growth year-over-year. Recurring revenue also grew by 18%. The company's performance was driven by the increasing demand for its retail supply chain cloud services.

SPS Commerce reported a strong start to the year with revenue of $149.6 million, a 19% increase compared to the first quarter of 2023. Net income was $18.0 million, or $0.48 per diluted share, while non-GAAP income per diluted share was $0.86.

SPS Commerce reported Q4 2023 revenue of $145.0 million, a 19% increase compared to Q4 2022. Net income was $19.0 million, or $0.51 per diluted share, compared to $15.9 million, or $0.43 per diluted share in the prior year. Non-GAAP income per diluted share was $0.75, compared to $0.63 in Q4 2022.

SPS Commerce reported its Q3 2023 financial results, achieving its 91st consecutive quarter of topline growth. The company's revenue grew by 18% year-over-year, with recurring revenue growth of 20% year-over-year.

SPS Commerce announced its Q2 2023 financial results, highlighting a 19% year-over-year revenue increase and continued investment in supply chain technologies. The company remains focused on expanding its retail network and capitalizing on growth opportunities.

SPS Commerce reported its Q1 2023 financial results, marking the 89th consecutive quarter of topline growth. The company's revenue increased by 20% year-over-year, driven by the expansion of its network and the stability of its business model.

SPS Commerce announced financial results for the fourth quarter and year ended December 31, 2022. The company delivered its 88th consecutive quarter of topline growth, with fourth-quarter revenue growing 19% and recurring revenue growing 20% from the fourth quarter of 2021.

SPS Commerce reported revenue growth of 17% year-over-year and recurring revenue growth of 18% year-over-year in Q3 2022.

SPS Commerce reported its second quarter financial results, highlighting an 86th consecutive quarter of topline growth. Revenue increased by 15% year-over-year, and recurring revenue grew by 16% year-over-year. The company also announced a new share repurchase program.

SPS Commerce reported a 17% increase in revenue and an 18% increase in recurring revenue compared to Q1 2021. Net income and non-GAAP EPS also increased year-over-year.

SPS Commerce announced its Q4 2021 financial results, with revenue reaching $102.8 million, a 23% increase compared to Q4 2020. Recurring revenue grew by 21%. Net income was $12.8 million, or $0.34 per diluted share, while non-GAAP net income per diluted share was $0.46.

SPS Commerce announced financial results for the third quarter ended September 30, 2021. Revenue was $97.9 million, a 23% increase from Q3 2020. Net income was $11.4 million, or $0.31 per diluted share. The company also announced a new stock repurchase program of up to $50.0 million.

SPS Commerce announced financial results for the second quarter ended June 30, 2021, with revenue reaching $94.5 million, a 25% increase compared to the second quarter of 2020. Net income for the quarter was $10.2 million, or $0.28 per diluted share. The company's recurring revenue grew 22% year-over-year.

SPS Commerce reported a strong first quarter in 2021, achieving its 81st consecutive quarter of topline growth. Revenue increased by 21% compared to the first quarter of 2020, with recurring revenue growing by 18%. The company's net income also saw a rise, and ongoing investments have expanded the addressable market and strengthened competitive differentiation.

SPS Commerce announced its Q4 2020 financial results, achieving revenue of $83.3 million, a 15% increase compared to Q4 2019. The company's net income for the quarter was $13.5 million, or $0.37 per diluted share. SPS Commerce delivered its 80th consecutive quarter of topline growth.

SPS Commerce announced its Q3 2020 financial results, reporting a revenue of $79.6 million, a 12% increase compared to Q3 2019. Net income was $11.4 million, or $0.31 per diluted share, while non-GAAP income per diluted share was $0.39.

SPS Commerce reported revenue of $75.6 million for Q2 2020, a 10% increase from Q2 2019. Net income was $11.2 million, or $0.31 per diluted share, compared to $8.8 million, or $0.24 per diluted share in Q2 2019. Non-GAAP income per diluted share was $0.37, compared to $0.30 in Q2 2019.

SPS Commerce announced strong Q1 2020 results with revenue of $74.2 million, an 11% increase from Q1 2019. Net income was $9.5 million, or $0.26 per diluted share, and non-GAAP income per diluted share was $0.38.

SPS Commerce announced strong Q4 2019 results, with a 12% increase in revenue to $72.7 million and a 13% growth in recurring revenue. Net income rose to $9.2 million, or $0.25 per diluted share, while non-GAAP net income per diluted share reached $0.35. The company's adjusted EBITDA increased by 35% to $18.9 million.