Sps Commerce (SPSC) EV to CFO (2011 - 2026)
Sps Commerce's EV to CFO was 11.88 in Q3 2026, down 45.7% from 21.88 a year earlier but up 42.9% from the prior quarter.
Sps Commerce (SPSC) EV to CFO (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sps Commerce's EV to CFO was 9.81 through Sep 30, 2026, down 49.2% 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%).
- Quarterly EV to CFO has moved between 8.31 (Q2 2026) and 56.91 (Q2 2023) over five years.
- Compared with a year earlier, EV to CFO has declined for 11 straight quarters, with an average decline of 48.2% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q2 2023 (growth of 41.8%); the worst was Q2 2026 (a decline of 72.7%).
- Per Business Quant data, SPSC's EV to CFO in the three quarters before Q3 2026 was 8.31 (Q2 2026), 9.79 (Q1 2026) and 17.86 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn |
| 10 | Sps Commerce | 2.94 Bn | 2.28 Bn | 140.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.88 |
| 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 |
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_KEY
import 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();