Sps Commerce SPSC
NASDAQ SPSC
$83.00 -1.21 (-1.44%)
At close: Sep 4, 2026 · 4:00 PM EDT

Sps Commerce (SPSC) Gross Margin (2010 - 2026)

Sps Commerce's (SPSC) quarterly Gross Margin came in at 70.16% in Q2 2026, up 208.0% year-over-year from 22.78% in Q2 2025, and up 1.42% quarter-over-quarter from 69.18% in Q1 2026.

Analysis

Sps Commerce (SPSC) Gross Margin (2010 - 2026) Analysis & Trends

Sps Commerce (SPSC) has reported Gross Margin for 17 consecutive years, with 70.16% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 208.0% year-over-year to 70.16% in Q2 2026; TTM through Jun 2026 was 69.82%, a 165.0% increase from a year earlier, with the FY2025 full-year figure at 69.18%, up 222.0% from the prior year.
  • Gross Margin was 70.16% for Q2 2026 at Sps Commerce, up from 69.18% in the prior quarter.
  • Over five years, Gross Margin peaked at 70.44% in Q4 2025 and troughed at 65.58% in Q1 2024.
  • A 5-year average of 67.34% and a median of 66.4% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin sank 81 bps in 2022 and soared 307 bps in 2025, its largest moves.
  • Over 5 years, Gross Margin stood at 65.96% in 2022, then rose by 0 bps to 66.17% in 2023, then advanced by 2 bps to 67.48% in 2024, then gained by 4 bps to 70.44% in 2025, then dropped by 0 bps to 70.16% in 2026.
  • The last three Gross Margin figures came in at 70.16% (Q2 2026), 69.18% (Q1 2026), and 70.44% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Samsara 23.42 Bn 22.61 Bn 361.14 Mn 75.42%
2 Manhattan Associates 12.46 Bn 12.28 Bn 168.33 Mn 56.53%
3 Descartes Systems 6.79 Bn 6.41 Bn 150.18 Mn 77.56%
4 Sps Commerce 3.00 Bn 2.83 Bn 138.79 Mn 70.16%
5 Via Transportation 2.29 Bn 1.96 Bn 55.61 Mn 40.98%
6 Karooooo 2.02 Bn 1.93 Bn 54.38 Mn 71.25%
7 Ituran Location & Control 1.02 Bn 928.36 Mn 53.35 Mn 50.91%
8 Verra Mobility 618.57 Mn 563.77 Mn 249.38 Mn 94.61%
9 Powerfleet 405.36 Mn 378.73 Mn 61.16 Mn 55.20%
10 ReposiTrak 144.96 Mn 116.26 Mn 5.00 Mn 85.42%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 70.16%
Mar 31, 2026 69.18%
Dec 31, 2025 70.44%
Sep 30, 2025 69.49%
Jun 30, 2025 68.08%
Mar 31, 2025 68.65%
Dec 31, 2024 67.48%
Sep 30, 2024 68.46%
Jun 30, 2024 66.13%
Mar 31, 2024 65.58%
Dec 31, 2023 66.17%
Sep 30, 2023 66.45%
Jun 30, 2023 65.84%
Mar 31, 2023 65.87%
Dec 31, 2022 65.96%
Sep 30, 2022 66.28%
Jun 30, 2022 65.62%
Mar 31, 2022 66.36%
Dec 31, 2021 65.32%
Sep 30, 2021 64.92%