Sps Commerce (SPSC) FCF Margin (2010 - 2026)
Sps Commerce's (SPSC) quarterly FCF Margin came in at 29.03% in Q2 2026, up 1534.0% year-over-year from 1.78% in Q2 2025, and up 15.03% quarter-over-quarter from 25.24% in Q1 2026.
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Sps Commerce (SPSC) FCF Margin (2010 - 2026) Analysis & Trends
Sps Commerce (SPSC) has reported FCF Margin for 17 consecutive years, with 29.03% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 1534.0% year-over-year to 29.03% in Q2 2026; TTM through Jun 2026 was 25.72%, a 555.0% increase from a year earlier, with the FY2025 full-year figure at 20.26%, down 127.0% from the prior year.
- FCF Margin was 29.03% for Q2 2026 at Sps Commerce, up from 25.24% in the prior quarter.
- Over five years, FCF Margin peaked at 29.69% in Q3 2022 and troughed at 0.01% in Q1 2022.
- A 5-year average of 20.81% and a median of 20.25% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin tumbled 2037 bps in 2022 and soared 1534 bps in 2026, its largest moves.
- Over 5 years, FCF Margin stood at 14.41% in 2022, then surged by 36 bps to 19.65% in 2023, then advanced by 2 bps to 20.1% in 2024, then fell by 1 bps to 19.84% in 2025, then surged by 46 bps to 29.03% in 2026.
- The last three FCF Margin figures came in at 29.03% (Q2 2026), 25.24% (Q1 2026), and 19.84% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 15.28% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 30.11% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 40.14% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 29.03% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -9.33% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 21.36% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 37.08% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | 12.35% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 3.22% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 38.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.03% |
| 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% |