Sps Commerce (SPSC) EV to FCF (2011 - 2026)
Sps Commerce's (SPSC) EV to FCF came in at 13.57 for Q3 2026, down 46.9% from 25.58 a year earlier but up 42.2% from the prior quarter.
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Analysis
Sps Commerce (SPSC) EV to FCF (2011 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to FCF at Sps Commerce was 11.21, down 50.4% year-over-year; for FY2025, it was 20.97, down 56.9% from FY2024.
- In prior years, Sps Commerce's EV to FCF was 48.69 in FY2024 (-20.1%), 60.97 in FY2023 (+10.4%), 55.25 in FY2022 (+5.9%) and 52.18 in FY2021 (+2.6%).
- Quarterly EV to FCF has run from a low of 9.54 in Q2 2026 to a high of 69.43 in Q2 2023 over five years.
- On a year-over-year basis, EV to FCF has declined in each of the last 11 quarters, with an average decline of 48.1% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q1 2022, with growth of 42.6%; the weakest was Q2 2026, with a decline of 73.2%.
- According to Business Quant data, EV to FCF for the three prior quarters was 9.54 (Q2 2026), 11.40 (Q1 2026) and 20.97 (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 | 13.57 |
| Jun 30, 2026 | 9.54 |
| Mar 31, 2026 | 11.40 |
| Dec 31, 2025 | 20.97 |
| Sep 30, 2025 | 25.58 |
| Jun 30, 2025 | 35.61 |
| Mar 31, 2025 | 35.19 |
| Dec 31, 2024 | 48.69 |
| Sep 30, 2024 | 53.91 |
| Jun 30, 2024 | 55.17 |
| Mar 31, 2024 | 51.77 |
| Dec 31, 2023 | 60.97 |
| Sep 30, 2023 | 59.25 |
| Jun 30, 2023 | 69.43 |
| Mar 31, 2023 | 55.21 |
| Dec 31, 2022 | 55.25 |
| Sep 30, 2022 | 47.17 |
| Jun 30, 2022 | 50.20 |
| Mar 31, 2022 | 59.98 |
| Dec 31, 2021 | 52.18 |
API Access
Sps Commerce EV to FCF 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-fcf&ticker=SPSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();