Sps Commerce (SPSC) EV to FCF (2011 - 2026)
Sps Commerce's (SPSC) EV to FCF came in at 9.54 for Q2 2026, down 73.2% from 35.61 a year earlier and down 16.3% 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 Jun 30, 2026, EV to FCF at Sps Commerce was 7.33, down 76.9% 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%).
- The Q2 2026 figure stands as the lowest quarterly EV to FCF in data going back to Q2 2011.
- On a year-over-year basis, EV to FCF has declined in each of the last ten quarters, with an average decline of 43.4% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q3 2021, with growth of 84.2%; 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 11.40 (Q1 2026), 20.97 (Q4 2025) and 25.58 (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 | 46.20 Bn | 18.45 Bn | 695.95 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn |
| 10 | Sps Commerce | 2.98 Bn | 2.37 Bn | 138.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 65.90 |
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();