Sps Commerce (SPSC) Cost of Revenue (2010 - 2026)
Sps Commerce's (SPSC) quarterly Cost of Revenue came in at $59.0 million in Q2 2026, down 1.33% year-over-year from $59.8 million in Q2 2025, and little changed quarter-over-quarter from $59.2 million in Q1 2026.
Analysis
Sps Commerce (SPSC) Cost of Revenue (2010 - 2026) Analysis & Trends
Sps Commerce (SPSC) has reported Cost of Revenue for 17 consecutive years, with $59.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 1.33% year-over-year to $59.0 million in Q2 2026; TTM through Jun 2026 was $233.1 million, a 4.1% increase from a year earlier, with the FY2025 full-year figure at $231.6 million, up 9.93% from the prior year.
- Cost of Revenue was $59.0 million for Q2 2026 at Sps Commerce, roughly flat from $59.2 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $59.8 million in Q2 2025 and troughed at $35.4 million in Q1 2022.
- A 5-year average of $49.8 million and a median of $51.6 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue rose 21.4% in 2023 and decreased 1.33% in 2026, its largest moves.
- Over 5 years, Cost of Revenue stood at $41.5 million in 2022, then rose by 18.05% to $49.0 million in 2023, then gained by 13.35% to $55.6 million in 2024, then rose by 2.47% to $57.0 million in 2025, then gained by 3.64% to $59.0 million in 2026.
- The last three Cost of Revenue figures came in at $59.0 million (Q2 2026), $59.2 million (Q1 2026), and $57.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 117.70 Mn |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 129.46 Mn |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 43.45 Mn |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 59.03 Mn |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | 80.10 Mn |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 23.28 Mn |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 51.44 Mn |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | 14.21 Mn |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 49.63 Mn |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 853,744.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.03 Mn |
| Mar 31, 2026 | 59.22 Mn |
| Dec 31, 2025 | 56.96 Mn |
| Sep 30, 2025 | 57.93 Mn |
| Jun 30, 2025 | 59.83 Mn |
| Mar 31, 2025 | 56.91 Mn |
| Dec 31, 2024 | 55.59 Mn |
| Sep 30, 2024 | 51.62 Mn |
| Jun 30, 2024 | 52.02 Mn |
| Mar 31, 2024 | 51.49 Mn |
| Dec 31, 2023 | 49.04 Mn |
| Sep 30, 2023 | 45.52 Mn |
| Jun 30, 2023 | 44.54 Mn |
| Mar 31, 2023 | 42.96 Mn |
| Dec 31, 2022 | 41.54 Mn |
| Sep 30, 2022 | 38.61 Mn |
| Jun 30, 2022 | 37.53 Mn |
| Mar 31, 2022 | 35.39 Mn |
| Dec 31, 2021 | 35.64 Mn |
| Sep 30, 2021 | 34.34 Mn |