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| Date | Value |
|---|---|
| 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 |