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Sps Commerce (SPSC) Cost of Revenue (2016 - 2025)

Sps Commerce (SPSC) has disclosed Cost of Revenue for 16 consecutive years, with $41.7 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 58.68% to $41.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $185.5 million through Dec 2025, down 17.83% year-over-year, with the annual reading at $169.1 million for FY2025, 19.73% down from the prior year.
  • Cost of Revenue for Q4 2025 was $41.7 million at Sps Commerce, down from $42.3 million in the prior quarter.
  • The five-year high for Cost of Revenue was $101.0 million in Q4 2024, with the low at $21.4 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $43.6 million, with a median of $36.6 million recorded in 2024.
  • The sharpest move saw Cost of Revenue skyrocketed 1072.2% in 2021, then plummeted 58.68% in 2025.
  • Over 5 years, Cost of Revenue stood at $35.6 million in 2021, then skyrocketed by 120.27% to $78.5 million in 2022, then grew by 17.65% to $92.3 million in 2023, then increased by 9.39% to $101.0 million in 2024, then tumbled by 58.68% to $41.7 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at $41.7 million, $42.3 million, and $59.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.