Sps Commerce (SPSC) EV to EBIT (2011 - 2026)
Sps Commerce's EV to EBIT was 25.56 in Q3 2026, down 27.0% from 35.03 a year earlier but up 33.3% from the prior quarter.
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Analysis
Sps Commerce (SPSC) EV to EBIT (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sps Commerce's EV to EBIT was 21.11 through Sep 30, 2026, down 31.8% year-over-year; for FY2025, it came in at 26.99, down 64.1% from FY2024.
- In earlier years, EV to EBIT was 75.25 in FY2024 (-15.3%), 88.83 in FY2023 (+42.7%), 62.23 in FY2022 (-29.6%) and 88.38 in FY2021 (+20.9%).
- Quarterly EV to EBIT has moved between 16.27 (Q1 2026) and 93.40 (Q2 2023) over five years.
- Compared with a year earlier, EV to EBIT has declined for ten straight quarters, with an average decline of 46.7% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q2 2023 (growth of 50.3%); the worst was Q1 2026 (a decline of 67.3%).
- Per Business Quant data, SPSC's EV to EBIT in the three quarters before Q3 2026 was 19.18 (Q2 2026), 16.27 (Q1 2026) and 26.99 (Q4 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.56 |
| Jun 30, 2026 | 19.18 |
| Mar 31, 2026 | 16.27 |
| Dec 31, 2025 | 26.99 |
| Sep 30, 2025 | 35.03 |
| Jun 30, 2025 | 49.19 |
| Mar 31, 2025 | 49.77 |
| Dec 31, 2024 | 75.25 |
| Sep 30, 2024 | 81.45 |
| Jun 30, 2024 | 81.73 |
| Mar 31, 2024 | 86.40 |
| Dec 31, 2023 | 88.83 |
| Sep 30, 2023 | 82.06 |
| Jun 30, 2023 | 93.40 |
| Mar 31, 2023 | 74.65 |
| Dec 31, 2022 | 62.23 |
| Sep 30, 2022 | 62.77 |
| Jun 30, 2022 | 62.14 |
| Mar 31, 2022 | 76.29 |
| Dec 31, 2021 | 88.38 |
API Access
Sps Commerce EV to EBIT 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-ebit&ticker=SPSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();