Sps Commerce (SPSC) Free Cash Flow (2010 - 2026)

Sps Commerce's (SPSC) quarterly Free Cash Flow came in at $48.5 million in Q1 2026, up 43.32% year-on-year from $33.8 million in Q1 2025, and up 26.87% on a QoQ basis from $38.2 million in Q4 2025.

Sps Commerce (SPSC) Free Cash Flow (2010 - 2026) Analysis & Trends

Sps Commerce (SPSC) has 17 years of Free Cash Flow data on file, last reported at $48.5 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 43.32% year-over-year to $48.5 million in Q1 2026; TTM through Mar 2026 was $166.9 million, a 18.68% increase from a year earlier, with the FY2025 full-year figure at $152.3 million, up 10.86% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $48.5 million, up from $38.2 million in the prior quarter.
  • Over the last five years, Free Cash Flow for SPSC reached as high as $54.6 million in Q3 2025 and fell as low as -$8000.0 in Q1 2022.
  • Historically, Free Cash Flow has averaged $31.2 million across 5 years, with a median of $30.5 million in 2024.
  • Across the five-year window, Free Cash Flow slumped 100.04% in 2022 and surged 204725.0% in 2023, its largest moves.
  • Year by year, Free Cash Flow stood at $17.6 million in 2022, then surged by 62.04% to $28.5 million in 2023, then gained by 20.55% to $34.3 million in 2024, then gained by 11.27% to $38.2 million in 2025, then grew by 26.87% to $48.5 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $48.5 million in Q1 2026, $38.2 million in Q4 2025, and $54.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.39 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 235.34 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 476.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 473.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 2.19 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 232.77 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 306.96 Mn
10 Sps Commerce 2.37 Bn 2.22 Bn 132.90 Mn 48.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.49 Mn
Mar 31, 2026 48.49 Mn
Dec 31, 2025 38.22 Mn
Dec 31, 2025 38.22 Mn
Sep 30, 2025 54.56 Mn
Sep 30, 2025 54.56 Mn
Jun 30, 2025 25.66 Mn
Jun 30, 2025 25.66 Mn
Mar 31, 2025 33.83 Mn
Mar 31, 2025 33.83 Mn
Dec 31, 2024 34.35 Mn
Dec 31, 2024 34.35 Mn
Sep 30, 2024 48.09 Mn
Sep 30, 2024 48.09 Mn
Jun 30, 2024 24.38 Mn
Jun 30, 2024 24.38 Mn
Mar 31, 2024 30.53 Mn
Mar 31, 2024 30.53 Mn
Dec 31, 2023 28.49 Mn
Dec 31, 2023 28.49 Mn