Sps Commerce (SPSC) Operating Expenses (2010 - 2026)
Sps Commerce's (SPSC) quarterly Operating Expenses came in at $130.4 million in Q2 2026, up 28.95% year-over-year from $101.1 million in Q2 2025, and up 20.33% quarter-over-quarter from $108.3 million in Q1 2026.
Analysis
Sps Commerce (SPSC) Operating Expenses (2010 - 2026) Analysis & Trends
Sps Commerce (SPSC) has reported Operating Expenses for 17 consecutive years, with $130.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 28.95% year-over-year to $130.4 million in Q2 2026; TTM through Jun 2026 was $440.5 million, a 16.89% increase from a year earlier, with the FY2025 full-year figure at $401.6 million, up 18.75% from the prior year.
- Operating Expenses was $130.4 million for Q2 2026 at Sps Commerce, up from $108.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $130.4 million in Q2 2026 and troughed at $53.3 million in Q1 2022.
- A 5-year average of $82.4 million and a median of $80.5 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 28.95% in 2026, down 9.8% in 2026.
- Over 5 years, Operating Expenses stood at $61.5 million in 2022, then grew by 18.84% to $73.0 million in 2023, then gained by 24.01% to $90.6 million in 2024, then grew by 11.52% to $101.0 million in 2025, then gained by 29.07% to $130.4 million in 2026.
- The last three Operating Expenses figures came in at $130.4 million (Q2 2026), $108.3 million (Q1 2026), and $101.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 353.95 Mn |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 231.56 Mn |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 47.13 Mn |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 130.37 Mn |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | 77.36 Mn |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -18.29 Mn |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 24.07 Mn |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | 296.37 Mn |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 60.89 Mn |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 4.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 130.37 Mn |
| Mar 31, 2026 | 108.35 Mn |
| Dec 31, 2025 | 101.01 Mn |
| Sep 30, 2025 | 100.78 Mn |
| Jun 30, 2025 | 101.10 Mn |
| Mar 31, 2025 | 98.68 Mn |
| Dec 31, 2024 | 90.58 Mn |
| Sep 30, 2024 | 86.49 Mn |
| Jun 30, 2024 | 78.41 Mn |
| Mar 31, 2024 | 82.69 Mn |
| Dec 31, 2023 | 73.04 Mn |
| Sep 30, 2023 | 69.54 Mn |
| Jun 30, 2023 | 68.84 Mn |
| Mar 31, 2023 | 66.17 Mn |
| Dec 31, 2022 | 61.46 Mn |
| Sep 30, 2022 | 56.19 Mn |
| Jun 30, 2022 | 55.68 Mn |
| Mar 31, 2022 | 53.29 Mn |
| Dec 31, 2021 | 51.75 Mn |
| Sep 30, 2021 | 50.02 Mn |