Sps Commerce (SPSC) Invested Capital (2010 - 2026)
Sps Commerce (SPSC) reported Invested Capital of $962.2 million for Q1 2026, up 4.48% year-over-year from $920.9 million in Q1 2025, and down 1.2% quarter-over-quarter from $973.9 million in Q4 2025.
Sps Commerce (SPSC) Invested Capital (2010 - 2026) Analysis & Trends
Sps Commerce (SPSC) has 17 years of Invested Capital data on file, last reported at $962.2 million in Q1 2026.
- Invested Capital for Q1 2026 came in at $962.2 million, up 4.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $962.2 million (up 4.48% YoY), and the FY2025 annual result was $973.9 million, up 13.95% from the prior year.
- Invested Capital slipped to $962.2 million in Q1 2026 per SPSC's latest filing, from $973.9 million in the prior quarter.
- Over five years, Invested Capital peaked at $973.9 million in Q4 2025 and troughed at $491.5 million in Q1 2022.
- A 5-year average of $725.3 million and a median of $683.0 million in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2025 and 2026: Invested Capital soared 35.02% in 2025, then grew 4.48% in 2026.
- A 5-year view of Invested Capital shows it stood at $537.1 million in 2022, then gained by 24.28% to $667.5 million in 2023, then advanced by 28.05% to $854.7 million in 2024, then climbed by 13.95% to $973.9 million in 2025, then declined by 1.2% to $962.2 million in 2026.
- Business Quant data shows SPSC's Invested Capital at $962.2 million in Q1 2026, $973.9 million in Q4 2025, and $958.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 60.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 5.83 Bn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 24.75 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.50 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 73.52 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 6.99 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 11.73 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 6.35 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 16.32 Bn |
| 10 | Sps Commerce | 2.05 Bn | 1.90 Bn | 132.90 Mn | 962.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 962.16 Mn |
| Dec 31, 2025 | 973.89 Mn |
| Sep 30, 2025 | 958.94 Mn |
| Jun 30, 2025 | 949.78 Mn |
| Mar 31, 2025 | 920.92 Mn |
| Dec 31, 2024 | 854.69 Mn |
| Sep 30, 2024 | 829.37 Mn |
| Jun 30, 2024 | 703.42 Mn |
| Mar 31, 2024 | 682.97 Mn |
| Dec 31, 2023 | 667.48 Mn |
| Sep 30, 2023 | 626.84 Mn |
| Jun 30, 2023 | 600.98 Mn |
| Mar 31, 2023 | 565.89 Mn |
| Dec 31, 2022 | 537.07 Mn |
| Sep 30, 2022 | 507.66 Mn |
| Jun 30, 2022 | 497.02 Mn |
| Mar 31, 2022 | 491.52 Mn |
| Dec 31, 2021 | 484.26 Mn |
| Sep 30, 2021 | 470.53 Mn |
| Jun 30, 2021 | 454.75 Mn |