To the full analysis
SPS Commerce stock: growth
SPSCSPS Commerce reported $751.51M in revenue for fiscal 2025, up 17.8% on the prior year, up 19.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
20.8%
per year from 2007 to 2025, per share −3.6%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2007 | |
|---|---|---|---|
| Revenue | 19.2% | 16.8% | 20.8% |
| Revenue per share | 17.5% | 15.3% | −3.6% |
| Earnings | 15.4% | 35.0% | no data |
| Earnings per share | 13.8% | 33.2% | no data |
| Free cash flow | 16.1% | 39.0% | no data |
| Free cash flow per share | 14.5% | 37.1% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $25.2M | −$2.16M | −$1.93M |
| 2008 | $30.7M | −$1.9M | −$1.69M |
| 2009 | $37.75M | $1.16M | $4.16M |
| 2010 | $44.6M | $2.88M | $3.15M |
| 2011 | $57.97M | $13.7M | $1.9M |
| 2012 | $77.11M | $1.22M | $846K |
| 2013 | $104.39M | $1.05M | $12.54M |
| 2014 | $127.95M | $2.7M | $9.21M |
| 2015 | $158.52M | $4.64M | $5.67M |
| 2016 | $193.3M | $5.71M | $10.76M |
| 2017 | $220.57M | −$2.44M | $23.78M |
| 2018 | $248.24M | $23.87M | $41.27M |
| 2019 | $279.12M | $33.71M | $58.21M |
| 2020 | $312.63M | $45.59M | $72.1M |
| 2021 | $385.28M | $44.6M | $93.31M |
| 2022 | $450.88M | $55.13M | $80.17M |
| 2023 | $536.91M | $65.82M | $112.54M |
| 2024 | $637.77M | $77.05M | $137.35M |
| 2025 | $751.51M | $93.34M | $152.27M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 25 Sep 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.