Sps Commerce (SPSC) Change in Receivables (2010 - 2026)

Sps Commerce's (SPSC) quarterly Change in Receivables came in at -$1.1 million in Q1 2026, down 114.82% year-on-year from $7.4 million in Q1 2025, and down 127.6% on a QoQ basis from $4.0 million in Q4 2025.

Sps Commerce (SPSC) Change in Receivables (2010 - 2026) Analysis & Trends

Sps Commerce (SPSC) has 17 years of Change in Receivables data on file, last reported at -$1.1 million in Q1 2026.

  • On a quarterly basis, Change in Receivables fell 114.82% year-over-year to -$1.1 million in Q1 2026; TTM through Mar 2026 was $11.8 million, a 13.68% increase from a year earlier, with the FY2025 full-year figure at $20.3 million, up 110.27% from the prior year.
  • Change in Receivables for Q1 2026 stood at -$1.1 million, down from $4.0 million in the prior quarter.
  • Over the last five years, Change in Receivables for SPSC reached as high as $7.4 million in Q1 2025 and fell as low as -$3.9 million in Q3 2022.
  • Historically, Change in Receivables has averaged $2.8 million across 5 years, with a median of $3.1 million in 2023.
  • Across the five-year window, Change in Receivables plunged 157.26% in 2024 and soared 5181.63% in 2025, its largest moves.
  • Year by year, Change in Receivables stood at $2.4 million in 2022, then advanced by 29.27% to $3.1 million in 2023, then plunged by 157.26% to -$1.8 million in 2024, then jumped by 321.63% to $4.0 million in 2025, then sank by 127.6% to -$1.1 million in 2026.
  • Per Business Quant data, the three most recent Change in Receivables figures were -$1.1 million in Q1 2026, $4.0 million in Q4 2025, and $2.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -2.11 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 74.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -9.43 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 441.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 179.30 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -747.22 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 18.55 Mn
10 Sps Commerce 2.37 Bn 2.22 Bn 132.90 Mn -1.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.10 Mn
Mar 31, 2026 -1.10 Mn
Dec 31, 2025 4.00 Mn
Dec 31, 2025 4.00 Mn
Sep 30, 2025 2.59 Mn
Sep 30, 2025 2.59 Mn
Jun 30, 2025 6.27 Mn
Jun 30, 2025 6.27 Mn
Mar 31, 2025 7.44 Mn
Mar 31, 2025 7.44 Mn
Dec 31, 2024 -1.80 Mn
Dec 31, 2024 -1.80 Mn
Sep 30, 2024 49,000.00
Sep 30, 2024 49,000.00
Jun 30, 2024 4.65 Mn
Jun 30, 2024 4.65 Mn
Mar 31, 2024 6.76 Mn
Mar 31, 2024 6.76 Mn
Dec 31, 2023 3.15 Mn
Dec 31, 2023 3.15 Mn