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/E
16.7
Price / book
3.2
Price / sales
3.7
FCF yield
4.9%
Dividend yield
—
Gross margin
69.8%
Operating margin
15.8%
Net margin
10.1%
Revenue growth (YoY)
+17.8%
Revenue growth (3-yr annual)
+18.6%
EPS growth (YoY)
+23.1%
FCF/share growth (YoY)
+10.5%
Beta
0.6
Exchange
NASDAQ
Sector
Technology
Industry
Software Application
SPSC earnings
Next report: Feb 11, 2027 (Q4 2026, EPS estimate $1.34).
Beat the EPS estimate in 4 of 4 recent quarters.
Quarter
Reported
EPS
Estimate
Surprise
Revenue
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.
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.