Growth Metrics

Sps Commerce (SPSC) Gross Margin (2016 - 2025)

Sps Commerce (SPSC) has disclosed Gross Margin for 16 consecutive years, with 70.44% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 296.0% to 70.44% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 69.18% through Dec 2025, up 222.0% year-over-year, with the annual reading at 69.18% for FY2025, 222.0% up from the prior year.
  • Gross Margin for Q4 2025 was 70.44% at Sps Commerce, up from 69.49% in the prior quarter.
  • The five-year high for Gross Margin was 70.44% in Q4 2025, with the low at 64.92% in Q3 2021.
  • Average Gross Margin over 5 years is 66.81%, with a median of 66.32% recorded in 2022.
  • The sharpest move saw Gross Margin tumbled -360bps in 2021, then surged 307bps in 2025.
  • Over 5 years, Gross Margin stood at 65.32% in 2021, then rose by 1bps to 65.96% in 2022, then rose by 0bps to 66.17% in 2023, then increased by 2bps to 67.48% in 2024, then grew by 4bps to 70.44% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 70.44%, 69.49%, and 68.08% for Q4 2025, Q3 2025, and Q2 2025 respectively.