Sps Commerce (SPSC) EBT Margin (2010 - 2026)
Sps Commerce's (SPSC) quarterly EBT Margin came in at 5.26% in Q2 2026, down 927.0% year-over-year from 0.64% in Q2 2025, and down 61.06% quarter-over-quarter from 13.51% in Q1 2026.
Analysis
Sps Commerce (SPSC) EBT Margin (2010 - 2026) Analysis & Trends
Sps Commerce (SPSC) has reported EBT Margin for 17 consecutive years, with 5.26% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin fell 927.0% year-over-year to 5.26% in Q2 2026; TTM through Jun 2026 was 13.57%, a 194.0% decrease from a year earlier, with the FY2025 full-year figure at 16.48%, up 88.0% from the prior year.
- EBT Margin was 5.26% for Q2 2026 at Sps Commerce, down from 13.51% in the prior quarter.
- Over five years, EBT Margin peaked at 18.68% in Q4 2025 and troughed at 5.26% in Q2 2026.
- A 5-year average of 15.19% and a median of 15.8% in 2022 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin soared 442 bps in 2025 and tumbled 927 bps in 2026, its largest moves.
- Over 5 years, EBT Margin stood at 17.02% in 2022, then rose by 7 bps to 18.17% in 2023, then decreased by 22 bps to 14.26% in 2024, then soared by 31 bps to 18.68% in 2025, then plunged by 72 bps to 5.26% in 2026.
- The last three EBT Margin figures came in at 5.26% (Q2 2026), 13.51% (Q1 2026), and 18.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 10.22% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 22.57% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 33.72% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 5.26% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -14.29% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 27.50% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 21.41% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -16.02% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -6.21% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 36.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.26% |
| Mar 31, 2026 | 13.51% |
| Dec 31, 2025 | 18.68% |
| Sep 30, 2025 | 17.09% |
| Jun 30, 2025 | 14.54% |
| Mar 31, 2025 | 15.51% |
| Dec 31, 2024 | 14.26% |
| Sep 30, 2024 | 17.93% |
| Jun 30, 2024 | 17.72% |
| Mar 31, 2024 | 12.39% |
| Dec 31, 2023 | 18.17% |
| Sep 30, 2023 | 16.44% |
| Jun 30, 2023 | 14.50% |
| Mar 31, 2023 | 14.31% |
| Dec 31, 2022 | 17.02% |
| Sep 30, 2022 | 16.59% |
| Jun 30, 2022 | 13.40% |
| Mar 31, 2022 | 16.10% |
| Dec 31, 2021 | 14.84% |
| Sep 30, 2021 | 13.08% |