Nama Insights

SPS Commerce (SPSC)

Technology · Software Application · NASDAQ

SPS Commerce (SPSC) is a Technology company in the Software Application industry. It has a market capitalization of $2.90B, a trailing price-to-earnings ratio of 16.7 and a free-cash-flow yield of 4.9%. Over the most recent reported fiscal year, revenue grew 17.8% and free cash flow per share grew 10.5%. Nama's AI scorecard rates it Buy, 8.4 out of 10. On 12-month momentum it ranks in the lagging band of its market.
AI scorecard
Buy · 8.4/10
Clearly positive, short of the top band. As of Nov 7, 2026.
Momentum
Lagging · +0.7% over 12 months ex. last
Second-worst fifth of its market on the past year's move.
Shariah screen
Shariah Compliant
Passes our debt, cash and income screen; not a scholar's ruling.
Off its high
-62.5%
How far the last close sits under the highest price of the past five years.
Market cap$2.90B
Trailing P/E16.7
Price / book3.2
Price / sales3.7
FCF yield4.9%
Dividend yield—
Gross margin69.8%
Operating margin15.8%
Net margin10.1%
Revenue growth (YoY)+17.8%
Revenue growth (3-yr annual)+18.6%
EPS growth (YoY)+23.1%
FCF/share growth (YoY)+10.5%
Beta0.6
ExchangeNASDAQ
SectorTechnology
IndustrySoftware Application

SPSC earnings

Next report: Feb 11, 2027 (Q4 2026, EPS estimate $1.34). Beat the EPS estimate in 4 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Oct 29, 2026 $1.39 $1.23 +13.0% $197.65M
Q2 2026 Jul 30, 2026 $1.27 $1.09 +16.5% $197.81M
Q1 2026 Apr 30, 2026 $1.10 $0.98 +12.2% $192.12M
Q4 2025 Feb 12, 2026 $1.14 $1.01 +12.9% $192.65M

SPSC analyst price target

Median target $82.00 from 11 analysts, ranging $70.00 – $103.00.

Software Application peers

TickerCompanyMarket capP/E
SAP SAP $269.45B 29.7
SHOP Shopify $191.58B 85.1
CRM Salesforce $175.83B 12.7
UBER Uber Technologies $140.05B 40.6
ADP Automatic Data Processing $119.75B 26.5
NOW ServiceNow $105.84B 26.9
SNOW Snowflake $97.33B 195.7
ADBE Adobe $93.14B 10.1
Explore live SPSC data on Nama Insights →

Recent Congressional trades

SPS Commerce trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
Thomas R Tillis Senate Sell $1,001 - $15,000 —

SPSC FAQ

Is SPSC a buy?
Nama's AI scorecard currently rates SPS Commerce Buy (8.4 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is SPSC's P/E ratio?
SPS Commerce trades at a trailing price-to-earnings ratio of 16.7.
When does SPSC report earnings?
SPS Commerce's next scheduled report is on Feb 11, 2027. Analysts expect EPS of $1.34.
What is the SPSC price target?
The median analyst price target from 11 analysts is $82.00, with a range of $70.00 – $103.00.
Is SPSC Shariah compliant?
Nama's AAOIFI-style screen reads SPS Commerce as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.