Sps Commerce (SPSC) FCF Margin (2010 - 2026)
Sps Commerce (SPSC) reported FCF Margin of 25.24% for Q1 2026, up 660.0% year-over-year from 3.32% in Q1 2025, and up 27.22% on a QoQ basis from 19.84% in Q4 2025.
Sps Commerce (SPSC) has 17 years of FCF Margin data on file, last reported at 25.24% in Q1 2026.
- Quarterly FCF Margin rose 660.0% year-over-year to 25.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.9% (up 90.0% YoY) and the FY2025 annual result came in at 20.26%, down 127.0% from the prior year.
- FCF Margin grew to 25.24% in Q1 2026 per SPSC's latest filing, from 19.84% in the prior quarter.
- Across five years, FCF Margin topped out at 29.69% in Q3 2022 and bottomed at 0.01% in Q1 2022.
- The 5-year median for FCF Margin is 20.1% (2024), against an average of 20.33%.
- The widest annual swing landed in 2022, when FCF Margin plunged 2037 bps; it then jumped 1301 bps in 2023.
- Tracing SPSC's FCF Margin over 5 years: stood at 14.41% in 2022, then jumped by 36 bps to 19.65% in 2023, then gained by 2 bps to 20.1% in 2024, then declined by 1 bps to 19.84% in 2025, then rose by 27 bps to 25.24% in 2026.
- Per Business Quant, the three latest SPSC FCF Margin figures stand at 25.24% (Q1 2026), 19.84% (Q4 2025), and 28.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Sps Commerce | 2.01 Bn | 1.85 Bn | 132.90 Mn | 25.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.24% |
| Dec 31, 2025 | 19.84% |
| Sep 30, 2025 | 28.73% |
| Jun 30, 2025 | 13.69% |
| Mar 31, 2025 | 18.64% |
| Dec 31, 2024 | 20.10% |
| Sep 30, 2024 | 29.38% |
| Jun 30, 2024 | 15.87% |
| Mar 31, 2024 | 20.41% |
| Dec 31, 2023 | 19.65% |
| Sep 30, 2023 | 28.12% |
| Jun 30, 2023 | 22.64% |
| Mar 31, 2023 | 13.01% |
| Dec 31, 2022 | 14.41% |
| Sep 30, 2022 | 29.69% |
| Jun 30, 2022 | 26.20% |
| Mar 31, 2022 | -0.01% |
| Dec 31, 2021 | 26.57% |
| Sep 30, 2021 | 20.51% |
| Jun 30, 2021 | 29.17% |
| Mar 31, 2021 | 20.36% |
| Dec 31, 2020 | 21.85% |
| Sep 30, 2020 | 32.04% |
| Jun 30, 2020 | 23.42% |
| Mar 31, 2020 | 14.42% |
| Dec 31, 2019 | 21.50% |
| Sep 30, 2019 | 25.75% |
| Jun 30, 2019 | 24.82% |
| Mar 31, 2019 | 10.91% |
| Dec 31, 2018 | 20.85% |
| Sep 30, 2018 | 18.94% |
| Jun 30, 2018 | 16.86% |
| Mar 31, 2018 | 9.25% |
| Dec 31, 2017 | 22.37% |
| Sep 30, 2017 | 3.85% |
| Jun 30, 2017 | 10.12% |
| Mar 31, 2017 | 17.54% |
| Dec 31, 2016 | 12.49% |
| Sep 30, 2016 | -2.72% |
| Jun 30, 2016 | 1.96% |
| Mar 31, 2016 | 10.52% |
| Dec 31, 2015 | 12.51% |
| Sep 30, 2015 | 7.60% |
| Jun 30, 2015 | -8.87% |
| Mar 31, 2015 | 2.04% |
| Dec 31, 2014 | 5.60% |
| Sep 30, 2014 | 11.27% |
| Jun 30, 2014 | 2.77% |
| Mar 31, 2014 | 9.32% |
| Dec 31, 2013 | 5.24% |
| Sep 30, 2013 | 15.48% |
| Jun 30, 2013 | 5.60% |
| Mar 31, 2013 | 22.99% |
| Dec 31, 2012 | -20.35% |
| Sep 30, 2012 | 13.52% |
| Jun 30, 2012 | 9.58% |
| Mar 31, 2012 | 5.89% |
| Dec 31, 2011 | 0.45% |
| Sep 30, 2011 | 10.90% |
| Jun 30, 2011 | 0.47% |
| Mar 31, 2011 | 0.57% |
| Dec 31, 2010 | 2.56% |
| Sep 30, 2010 | 11.78% |