Sps Commerce (SPSC) Operating Expenses (2010 - 2026)
Sps Commerce (SPSC) posted quarterly Operating Expenses of $130.4 million for 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.
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.
- In Q2 2026, Operating Expenses rose 28.95% year-over-year to $130.4 million; the TTM figure through Jun 2026 stood at $440.5 million (up 16.89% YoY), while the FY2025 annual figure was $401.6 million, up 18.75% from the prior year.
- Operating Expenses advanced to $130.4 million in Q2 2026 per SPSC's latest filing, from $108.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $130.4 million in Q2 2026 and bottomed at $53.3 million in Q1 2022.
- Historically, Operating Expenses has averaged $82.4 million across 5 years, with a median of $80.5 million in 2024.
- On a YoY basis, Operating Expenses climbed as much as 28.95% in 2026 and fell as far as 9.8% in 2026.
- Sps Commerce's Operating Expenses stood at $61.5 million in 2022, then rose by 18.84% to $73.0 million in 2023, then climbed by 24.01% to $90.6 million in 2024, then rose by 11.52% to $101.0 million in 2025, then climbed by 29.07% to $130.4 million in 2026.
- Business Quant data shows SPSC's Operating Expenses at $130.4 million in Q2 2026, $108.3 million in Q1 2026, and $101.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Sps Commerce | 2.87 Bn | 2.70 Bn | 138.79 Mn | 130.37 Mn |
Historic Data
Download 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 |