Growth Metrics

Sps Commerce (SPSC) Leases (2019 - 2026)

Sps Commerce (SPSC) reported Leases of $4.9 million for Q1 2026, down 42.36% year-over-year from $8.4 million in Q1 2025, and down 3.36% on a QoQ basis from $5.0 million in Q4 2025.

Sps Commerce (SPSC) has 8 years of Leases data on file, last reported at $4.9 million in Q1 2026.

  • Quarterly Leases fell 42.36% year-over-year to $4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.9 million (down 42.36% YoY) and the FY2025 annual result came in at $5.0 million, down 38.66% from the prior year.
  • Leases retreated to $4.9 million in Q1 2026 per SPSC's latest filing, from $5.0 million in the prior quarter.
  • Across five years, Leases topped out at $10.2 million in Q1 2022 and bottomed at $4.9 million in Q1 2026.
  • The 5-year median for Leases is $8.2 million (2024), against an average of $7.9 million.
  • The widest annual swing landed in 2025, when Leases grew 15.63%; it then sank 42.36% in 2026.
  • Tracing SPSC's Leases over 5 years: stood at $9.2 million in 2022, then slipped by 14.26% to $7.9 million in 2023, then climbed by 4.2% to $8.2 million in 2024, then slumped by 38.66% to $5.0 million in 2025, then fell by 3.36% to $4.9 million in 2026.
  • Per Business Quant, the three latest SPSC Leases figures stand at $4.9 million (Q1 2026), $5.0 million (Q4 2025), and $6.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 2.00 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.46 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 84.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 831.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 305.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 400.80 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 601.00 Mn
10 Sps Commerce 2.00 Bn 1.84 Bn 132.90 Mn 4.86 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 4.86 Mn
Dec 31, 2025 5.03 Mn
Sep 30, 2025 6.72 Mn
Jun 30, 2025 7.40 Mn
Mar 31, 2025 8.42 Mn
Dec 31, 2024 8.19 Mn
Sep 30, 2024 8.41 Mn
Jun 30, 2024 7.08 Mn
Mar 31, 2024 7.29 Mn
Dec 31, 2023 7.86 Mn
Sep 30, 2023 8.32 Mn
Jun 30, 2023 7.97 Mn
Mar 31, 2023 8.45 Mn
Dec 31, 2022 9.17 Mn
Sep 30, 2022 9.76 Mn
Jun 30, 2022 9.58 Mn
Mar 31, 2022 10.25 Mn
Dec 31, 2021 10.85 Mn
Sep 30, 2021 12.67 Mn
Jun 30, 2021 13.35 Mn
Mar 31, 2021 15.30 Mn
Dec 31, 2020 15.58 Mn
Sep 30, 2020 14.09 Mn
Mar 31, 2020 15.17 Mn
Dec 31, 2019 15.74 Mn
Sep 30, 2019 13.65 Mn
Jun 30, 2019 14.04 Mn
Mar 31, 2019 15.23 Mn