Growth Metrics

Sps Commerce (SPSC) Net Margin (2016 - 2026)

Sps Commerce (SPSC) has disclosed Net Margin for 17 consecutive years, with 10.27% as the latest value for Q1 2026.

  • For Q1 2026, Net Margin fell 196.0% year-over-year to 10.27%; the TTM value through Mar 2026 reached 11.92%, down 21.0%, while the annual FY2025 figure was 12.42%, 34.0% up from the prior year.
  • Net Margin hit 10.27% in Q1 2026 for Sps Commerce, down from 13.41% in the prior quarter.
  • Across five years, Net Margin topped out at 14.33% in Q3 2024 and bottomed at 9.85% in Q2 2022.
  • Average Net Margin over 5 years is 12.11%, with a median of 12.15% recorded in 2023.
  • Year-over-year, Net Margin plummeted -284bps in 2024 and then soared 314bps in 2025.
  • Sps Commerce's Net Margin stood at 13.04% in 2022, then rose by 1bps to 13.11% in 2023, then dropped by -22bps to 10.27% in 2024, then soared by 31bps to 13.41% in 2025, then decreased by -23bps to 10.27% in 2026.
  • According to Business Quant data, Net Margin over the past three periods came in at 10.27%, 13.41%, and 13.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.