Sps Commerce (SPSC) EBITDA (2010 - 2026)

Sps Commerce (SPSC) reported EBITDA of $18.4 million for Q1 2026, down 24.6% year-over-year from $24.4 million in Q1 2025, and down 30.22% quarter-over-quarter from $26.4 million in Q4 2025.

Sps Commerce (SPSC) EBITDA (2010 - 2026) Analysis & Trends

Sps Commerce (SPSC) has 17 years of EBITDA data on file, last reported at $18.4 million in Q1 2026.

  • EBITDA for Q1 2026 came in at $18.4 million, down 24.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $96.6 million (up 25.48% YoY), and the FY2025 annual result was $102.6 million, up 52.87% from the prior year.
  • EBITDA fell to $18.4 million in Q1 2026 per SPSC's latest filing, from $26.4 million in the prior quarter.
  • Over five years, EBITDA peaked at $27.9 million in Q2 2025 and troughed at $9.0 million in Q2 2022.
  • A 5-year average of $18.3 million and a median of $16.9 million in 2024 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2024 and 2025: EBITDA plunged 62.06% in 2024, then soared 191.22% in 2025.
  • A 5-year view of EBITDA shows it stood at $17.2 million in 2022, then surged by 39.15% to $23.9 million in 2023, then sank by 62.06% to $9.1 million in 2024, then soared by 191.22% to $26.4 million in 2025, then tumbled by 30.22% to $18.4 million in 2026.
  • Business Quant data shows SPSC's EBITDA at $18.4 million in Q1 2026, $26.4 million in Q4 2025, and $24.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 145.23 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 1.92 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -586.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 2.35 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 431.33 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 457.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -1.37 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.24 Bn
10 Sps Commerce 2.05 Bn 1.90 Bn 132.90 Mn 18.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.41 Mn
Dec 31, 2025 26.39 Mn
Sep 30, 2025 23.96 Mn
Jun 30, 2025 27.88 Mn
Mar 31, 2025 24.42 Mn
Dec 31, 2024 9.06 Mn
Sep 30, 2024 26.63 Mn
Jun 30, 2024 16.91 Mn
Mar 31, 2024 14.55 Mn
Dec 31, 2023 23.88 Mn
Sep 30, 2023 14.03 Mn
Jun 30, 2023 16.32 Mn
Mar 31, 2023 15.22 Mn
Dec 31, 2022 17.16 Mn
Sep 30, 2022 13.69 Mn
Jun 30, 2022 8.98 Mn
Mar 31, 2022 13.34 Mn
Dec 31, 2021 12.91 Mn
Sep 30, 2021 10.50 Mn
Jun 30, 2021 10.35 Mn