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| Date | Value |
|---|---|
| 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 |