Sps Commerce (SPSC) Change in Receivables (2010 - 2026)
Sps Commerce (SPSC) reported Change in Receivables of -$1.1 million for Q1 2026, down 114.82% year-over-year from $7.4 million in Q1 2025, and down 127.6% quarter-over-quarter 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.
- Change in Receivables for Q1 2026 came in at -$1.1 million, down 114.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.8 million (up 13.68% YoY), and the FY2025 annual result was $20.3 million, up 110.27% from the prior year.
- Change in Receivables retreated to -$1.1 million in Q1 2026 per SPSC's latest filing, from $4.0 million in the prior quarter.
- Over five years, Change in Receivables peaked at $7.4 million in Q1 2025 and troughed at -$3.9 million in Q3 2022.
- A 5-year average of $2.8 million and a median of $3.1 million in 2023 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2024 and 2025: Change in Receivables slumped 157.26% in 2024, then surged 5181.63% in 2025.
- A 5-year view of Change in Receivables shows it stood at $2.4 million in 2022, then increased by 29.27% to $3.1 million in 2023, then tumbled by 157.26% to -$1.8 million in 2024, then jumped by 321.63% to $4.0 million in 2025, then plunged by 127.6% to -$1.1 million in 2026.
- Business Quant data shows SPSC's Change in Receivables at -$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 Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -2.11 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 74.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | -9.43 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 18.55 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | -912.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 179.30 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | -116.00 Mn |
| 10 | Sps Commerce | 2.05 Bn | 1.90 Bn | 132.90 Mn | -1.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |