Sps Commerce (SPSC) Change in Receivables (2010 - 2026)
Sps Commerce's Change in Receivables was $4.4 million in Q3 2026, up 69.9% from $2.59 million a year earlier and up 35.6% from the prior quarter.
Sps Commerce (SPSC) Change in Receivables (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sps Commerce's Change in Receivables was $10.53 million through Sep 30, 2026, down 27.4% year-over-year; for FY2025, it came in at $20.3 million, up 110.3% from FY2024.
- Change in Receivables shows a five-year compound annual growth rate of 27.9% (FY2020 to FY2025).
- In earlier years, Change in Receivables was $9.65 million in FY2024 (-19.2%), $11.95 million in FY2023 (+85.7%), $6.44 million in FY2022 (+29.8%) and $4.96 million in FY2021 (-16.3%).
- The Q3 2026 figure marks the highest quarterly Change in Receivables since Q2 2025.
- Compared with a year earlier, Change in Receivables was higher in three of the last four quarters, with growth averaging 16.7%.
- The best year-over-year quarter for Change in Receivables over five years was Q1 2022 (growth of 96.7%); the worst was Q2 2026 (a decline of 48.3%).
- Per Business Quant data, SPSC's Change in Receivables in the three quarters before Q3 2026 was $3.24 million (Q2 2026), -$1.1 million (Q1 2026) and $4 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn | -71.70 Mn |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn | 53.12 Mn |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn | -22.77 Mn |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn | 7.00 Mn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | 49.44 Mn |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn | -21.91 Mn |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn | 14.50 Mn |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn | 19.00 Mn |
| 10 | Sps Commerce | 2.94 Bn | 2.28 Bn | 140.55 Mn | 4.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.40 Mn |
| Jun 30, 2026 | 3.24 Mn |
| Mar 31, 2026 | -1.10 Mn |
| Dec 31, 2025 | 4.00 Mn |
| Sep 30, 2025 | 2.59 Mn |
| Jun 30, 2025 | 6.27 Mn |
| Mar 31, 2025 | 7.44 Mn |
| Dec 31, 2024 | -1.80 Mn |
| Sep 30, 2024 | 49,000.00 |
| Jun 30, 2024 | 4.65 Mn |
| Mar 31, 2024 | 6.76 Mn |
| Dec 31, 2023 | 3.15 Mn |
| Sep 30, 2023 | -1.14 Mn |
| Jun 30, 2023 | 3.72 Mn |
| Mar 31, 2023 | 6.22 Mn |
| Dec 31, 2022 | 2.44 Mn |
| Sep 30, 2022 | -3.86 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 5.56 Mn |
| Dec 31, 2021 | -368,000.00 |
Sps Commerce Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=SPSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "SPSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();