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