Sps Commerce (SPSC) Enterprise Value (2010 - 2026)

Sps Commerce's (SPSC) quarterly Enterprise Value came in at -$154.3 million in Q1 2026, down 62.53% year-on-year from -$411.7 million in Q1 2025, and down 1.93% on a QoQ basis from -$151.4 million in Q4 2025.

Sps Commerce (SPSC) Enterprise Value (2010 - 2026) Analysis & Trends

Sps Commerce (SPSC) has 17 years of Enterprise Value data on file, last reported at -$154.3 million in Q1 2026.

  • On a quarterly basis, Enterprise Value fell 62.53% year-over-year to -$154.3 million in Q1 2026; TTM through Mar 2026 was -$154.3 million, a 62.53% decrease from a year earlier, with the FY2025 full-year figure at -$151.4 million, up 37.2% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$154.3 million, down from -$151.4 million in the prior quarter.
  • Over the last five years, Enterprise Value for SPSC reached as high as -$94.9 million in Q1 2025 and fell as low as -$290.8 million in Q1 2024.
  • Historically, Enterprise Value has averaged -$213.1 million across 5 years, with a median of -$237.2 million in 2022.
  • Across the five-year window, Enterprise Value jumped 67.36% in 2025 and sank 62.53% in 2026, its largest moves.
  • Year by year, Enterprise Value stood at -$214.3 million in 2022, then retreated by 28.53% to -$275.4 million in 2023, then rose by 12.5% to -$241.0 million in 2024, then jumped by 37.2% to -$151.4 million in 2025, then declined by 1.93% to -$154.3 million in 2026.
  • Per Business Quant data, the three most recent Enterprise Value figures were -$154.3 million in Q1 2026, -$151.4 million in Q4 2025, and -$133.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 201.80 Bn 181.57 Bn 8.16 Bn -19.64 Bn
2 Full Truck Alliance 192.09 Bn 189.39 Bn - -2.64 Bn
3 Shopify 163.21 Bn 157.46 Bn 1.55 Bn -5.74 Bn
4 Salesforce 153.24 Bn 141.40 Bn 8.56 Bn -11.84 Bn
5 Uber Technologies 138.87 Bn 137.66 Bn 5.95 Bn -1.04 Bn
6 ServiceNow 111.15 Bn 106.48 Bn 2.82 Bn -4.66 Bn
7 Automatic Data Processing 103.29 Bn 100.06 Bn 2.87 Bn -3.23 Bn
8 Adobe 97.13 Bn 91.51 Bn 5.90 Bn -5.63 Bn
9 Snowflake 94.21 Bn 91.26 Bn 926.45 Mn -2.95 Bn
10 Sps Commerce 2.47 Bn 2.32 Bn 132.90 Mn -154.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -154.27 Mn
Dec 31, 2025 -151.36 Mn
Sep 30, 2025 -133.73 Mn
Jun 30, 2025 -107.60 Mn
Mar 31, 2025 -94.92 Mn
Dec 31, 2024 -241.02 Mn
Sep 30, 2024 -205.77 Mn
Jun 30, 2024 -271.79 Mn
Mar 31, 2024 -290.81 Mn
Dec 31, 2023 -275.44 Mn
Sep 30, 2023 -239.33 Mn
Jun 30, 2023 -270.18 Mn
Mar 31, 2023 -233.45 Mn
Dec 31, 2022 -214.31 Mn
Sep 30, 2022 -237.16 Mn
Jun 30, 2022 -259.24 Mn
Mar 31, 2022 -243.06 Mn
Dec 31, 2021 -257.31 Mn
Sep 30, 2021 -251.99 Mn
Jun 30, 2021 -233.37 Mn