Sps Commerce (SPSC) EV to CFO (2011 - 2026)
Sps Commerce's EV to CFO was 8.31 in Q2 2026, down 72.7% from 30.41 a year earlier and down 15.1% from the prior quarter.
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Analysis
Sps Commerce (SPSC) EV to CFO (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sps Commerce's EV to CFO was 6.39 through Jun 30, 2026, down 76.5% year-over-year; for FY2025, it was 17.86, down 58.0% from FY2024.
- In earlier years, EV to CFO was 42.49 in FY2024 (-18.1%), 51.87 in FY2023 (+17.2%), 44.27 in FY2022 (+2.7%) and 43.13 in FY2021 (+4.2%).
- The Q2 2026 figure marks the lowest quarterly EV to CFO in data going back to Q2 2011.
- Compared with a year earlier, EV to CFO has declined for ten straight quarters, with an average decline of 42.9% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q3 2021 (growth of 84.2%); the worst was Q2 2026 (a decline of 72.7%).
- Per Business Quant data, SPSC's EV to CFO in the three quarters before Q2 2026 was 9.79 (Q1 2026), 17.86 (Q4 2025) and 21.88 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.31 |
| Mar 31, 2026 | 9.79 |
| Dec 31, 2025 | 17.86 |
| Sep 30, 2025 | 21.88 |
| Jun 30, 2025 | 30.41 |
| Mar 31, 2025 | 30.30 |
| Dec 31, 2024 | 42.49 |
| Sep 30, 2024 | 47.38 |
| Jun 30, 2024 | 47.86 |
| Mar 31, 2024 | 45.32 |
| Dec 31, 2023 | 51.87 |
| Sep 30, 2023 | 48.92 |
| Jun 30, 2023 | 56.91 |
| Mar 31, 2023 | 45.43 |
| Dec 31, 2022 | 44.27 |
| Sep 30, 2022 | 39.33 |
| Jun 30, 2022 | 40.14 |
| Mar 31, 2022 | 47.01 |
| Dec 31, 2021 | 43.13 |
| Sep 30, 2021 | 53.05 |
API Access
Sps Commerce EV to CFO 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=ev-to-cfo&ticker=SPSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();