Sps Commerce (SPSC) EBIT Margin (2010 - 2026)
Sps Commerce (SPSC) reported EBIT Margin of 4.25% for Q2 2026, down 9.87 percentage points from 14.12% a year earlier and down 8.53 percentage points from the prior quarter.
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Analysis
Sps Commerce (SPSC) EBIT Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sps Commerce's EBIT Margin came in at 12.80%, down 1.81 percentage points year-over-year; for FY2025, it was 15.74%, up 1.81 percentage points from FY2024.
- EBIT Margin has a five-year change of -0.30 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 13.94% in FY2024 (-0.45 pp), 14.39% in FY2023 (-1.40 pp), 15.79% in FY2022 (+1.49 pp) and 14.30% in FY2021 (-1.75 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBIT Margin since Q4 2017.
- Year over year, EBIT Margin gained in four of the last eight quarters, with an average year-over-year change of -0.61 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q1 2025 (a gain of 4.00 percentage points); the low point was Q2 2026 (a drop of 9.87 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.78% (Q1 2026), 18.00% (Q4 2025) and 16.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.09 Bn | 17.34 Bn | 695.95 Mn | 29.64% |
| 3 | Samsara | 22.22 Bn | 18.99 Bn | 392.58 Mn | 0.96% |
| 4 | Toast | 17.58 Bn | 10.25 Bn | 516.00 Mn | 7.97% |
| 5 | Ptc | 15.23 Bn | 14.05 Bn | 490.47 Mn | 27.75% |
| 6 | Trimble | 13.37 Bn | 12.44 Bn | 674.90 Mn | 13.58% |
| 7 | Duolingo | 13.34 Bn | 8.51 Bn | 216.74 Mn | 11.37% |
| 8 | Manhattan Associates | 11.67 Bn | 10.66 Bn | 168.33 Mn | 22.24% |
| 9 | Costar | 10.92 Bn | 4.88 Bn | 728.00 Mn | 8.22% |
| 10 | Sps Commerce | 2.97 Bn | 2.36 Bn | 138.79 Mn | 4.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.25% |
| Mar 31, 2026 | 12.78% |
| Dec 31, 2025 | 18.00% |
| Sep 30, 2025 | 16.42% |
| Jun 30, 2025 | 14.12% |
| Mar 31, 2025 | 14.30% |
| Dec 31, 2024 | 14.48% |
| Sep 30, 2024 | 15.62% |
| Jun 30, 2024 | 15.08% |
| Mar 31, 2024 | 10.30% |
| Dec 31, 2023 | 15.79% |
| Sep 30, 2023 | 15.18% |
| Jun 30, 2023 | 13.06% |
| Mar 31, 2023 | 13.29% |
| Dec 31, 2022 | 15.58% |
| Sep 30, 2022 | 17.20% |
| Jun 30, 2022 | 14.63% |
| Mar 31, 2022 | 15.69% |
| Dec 31, 2021 | 14.96% |
| Sep 30, 2021 | 13.81% |
API Access
Sps Commerce EBIT Margin 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=ebit-margin&ticker=SPSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();