Sps Commerce (SPSC) Enterprise Value (2010 - 2026)
Sps Commerce's Enterprise Value came in at $1.9 billion for Q2 2026, down 62.5% from $5.05 billion a year earlier and down 0.3% from the prior quarter.
Sps Commerce (SPSC) Enterprise Value (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Sps Commerce reported Enterprise Value of $1.46 billion, down 67.7% year-over-year; for FY2025, it was $3.19 billion, down 52.3% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of -2.7% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $6.69 billion in FY2024 (-2.5%), $6.86 billion in FY2023 (+54.9%), $4.43 billion in FY2022 (-9.0%) and $4.87 billion in FY2021 (+32.8%).
- The Q2 2026 figure represents the lowest quarterly Enterprise Value since Q1 2020.
- Year-over-year, Enterprise Value has declined for seven consecutive quarters, with an average decline of 32.1% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2021 (growth of 123.1%), and the weakest in Q2 2026 (a decline of 62.5%).
- Business Quant data shows SPSC's Enterprise Value at $1.9 billion (Q1 2026), $3.19 billion (Q4 2025) and $3.8 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Sps Commerce | 2.93 Bn | 2.32 Bn | 138.79 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.90 Bn |
| Mar 31, 2026 | 1.90 Bn |
| Dec 31, 2025 | 3.19 Bn |
| Sep 30, 2025 | 3.80 Bn |
| Jun 30, 2025 | 5.05 Bn |
| Mar 31, 2025 | 4.95 Bn |
| Dec 31, 2024 | 6.69 Bn |
| Sep 30, 2024 | 7.09 Bn |
| Jun 30, 2024 | 6.71 Bn |
| Mar 31, 2024 | 6.56 Bn |
| Dec 31, 2023 | 6.86 Bn |
| Sep 30, 2023 | 6.02 Bn |
| Jun 30, 2023 | 6.77 Bn |
| Mar 31, 2023 | 5.33 Bn |
| Dec 31, 2022 | 4.43 Bn |
| Sep 30, 2022 | 4.24 Bn |
| Jun 30, 2022 | 3.81 Bn |
| Mar 31, 2022 | 4.50 Bn |
| Dec 31, 2021 | 4.87 Bn |
| Sep 30, 2021 | 5.55 Bn |
Sps Commerce Enterprise Value 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=enterprise-value&ticker=SPSC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();