Sps Commerce (SPSC) EBT Margin (2010 - 2026)
Sps Commerce (SPSC) reported EBT Margin of 13.51% for Q1 2026, down 200.0% year-over-year from 13.51% in Q1 2025, and down 27.63% on a QoQ basis from 18.68% in Q4 2025.
Sps Commerce (SPSC) has 17 years of EBT Margin data on file, last reported at 13.51% in Q1 2026.
- Quarterly EBT Margin fell 200.0% year-over-year to 13.51% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.96% (down 33.0% YoY) and the FY2025 annual result came in at 16.48%, up 88.0% from the prior year.
- EBT Margin retreated to 13.51% in Q1 2026 per SPSC's latest filing, from 18.68% in the prior quarter.
- Across five years, EBT Margin topped out at 18.68% in Q4 2025 and bottomed at 12.39% in Q1 2024.
- The 5-year median for EBT Margin is 16.1% (2022), against an average of 15.77%.
- The widest annual swing landed in 2024, when EBT Margin tumbled 391 bps; it then surged 442 bps in 2025.
- Tracing SPSC's EBT Margin over 5 years: stood at 17.02% in 2022, then increased by 7 bps to 18.17% in 2023, then retreated by 22 bps to 14.26% in 2024, then surged by 31 bps to 18.68% in 2025, then dropped by 28 bps to 13.51% in 2026.
- Per Business Quant, the three latest SPSC EBT Margin figures stand at 13.51% (Q1 2026), 18.68% (Q4 2025), and 17.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.74% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 23.39% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 3.76% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -20.00% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 17.85% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.04% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.86% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 30.00% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 47.29% |
| 10 | Sps Commerce | 2.01 Bn | 1.85 Bn | 132.90 Mn | 13.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 13.91% |
| Mar 31, 2021 | 13.69% |
| Dec 31, 2020 | 17.84% |
| Sep 30, 2020 | 18.07% |
| Jun 30, 2020 | 16.64% |
| Mar 31, 2020 | 14.64% |
| Dec 31, 2019 | 16.23% |
| Sep 30, 2019 | 16.40% |
| Jun 30, 2019 | 15.73% |
| Mar 31, 2019 | 11.73% |
| Dec 31, 2018 | 13.45% |
| Sep 30, 2018 | 13.78% |
| Jun 30, 2018 | 10.38% |
| Mar 31, 2018 | 7.72% |
| Dec 31, 2017 | 1.13% |
| Sep 30, 2017 | 6.12% |
| Jun 30, 2017 | 5.72% |
| Mar 31, 2017 | 6.77% |
| Dec 31, 2016 | 3.09% |
| Sep 30, 2016 | 7.57% |
| Jun 30, 2016 | 1.39% |
| Mar 31, 2016 | 3.84% |
| Dec 31, 2015 | 7.08% |
| Sep 30, 2015 | 5.51% |
| Jun 30, 2015 | 2.59% |
| Mar 31, 2015 | 2.29% |
| Dec 31, 2014 | 2.97% |
| Sep 30, 2014 | 4.21% |
| Jun 30, 2014 | 3.53% |
| Mar 31, 2014 | 2.04% |
| Dec 31, 2013 | 2.53% |
| Sep 30, 2013 | 1.63% |
| Jun 30, 2013 | 1.78% |
| Mar 31, 2013 | 0.56% |
| Dec 31, 2012 | 0.70% |
| Sep 30, 2012 | 0.25% |
| Jun 30, 2012 | 4.07% |
| Mar 31, 2012 | 2.47% |
| Dec 31, 2011 | 2.12% |
| Sep 30, 2011 | 1.66% |
| Jun 30, 2011 | -0.22% |
| Mar 31, 2011 | 4.12% |
| Dec 31, 2010 | 3.67% |
| Sep 30, 2010 | 7.65% |
| Jun 30, 2010 | 6.18% |