Sps Commerce (SPSC) Operating Leases (2019 - 2026)
Sps Commerce's (SPSC) quarterly Operating Leases came in at $6.3 million in Q2 2026, down 41.6% year-over-year from $10.8 million in Q2 2025, and down 4.71% quarter-over-quarter from $6.6 million in Q1 2026.
Analysis
Sps Commerce (SPSC) Operating Leases (2019 - 2026) Analysis & Trends
Sps Commerce (SPSC) has reported Operating Leases for 8 consecutive years, with $6.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases fell 41.6% year-over-year to $6.3 million in Q2 2026; TTM through Jun 2026 was $6.3 million, a 41.6% decrease from a year earlier, with the FY2025 full-year figure at $2.8 million, down 63.99% from the prior year.
- Operating Leases was $6.3 million for Q2 2026 at Sps Commerce, down from $6.6 million in the prior quarter.
- Over five years, Operating Leases peaked at $18.6 million in Q2 2022 and troughed at $2.8 million in Q4 2025.
- A 5-year average of $12.0 million and a median of $12.6 million in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases advanced 9.66% in 2022 and plunged 63.99% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $13.0 million in 2022, then retreated by 26.44% to $9.6 million in 2023, then retreated by 17.6% to $7.9 million in 2024, then plunged by 63.99% to $2.8 million in 2025, then surged by 122.12% to $6.3 million in 2026.
- The last three Operating Leases figures came in at $6.3 million (Q2 2026), $6.6 million (Q1 2026), and $2.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.31 Mn |
| Mar 31, 2026 | 6.62 Mn |
| Dec 31, 2025 | 2.84 Mn |
| Sep 30, 2025 | 9.64 Mn |
| Jun 30, 2025 | 10.80 Mn |
| Mar 31, 2025 | 12.26 Mn |
| Dec 31, 2024 | 7.89 Mn |
| Sep 30, 2024 | 13.17 Mn |
| Jun 30, 2024 | 12.35 Mn |
| Mar 31, 2024 | 12.90 Mn |
| Dec 31, 2023 | 9.57 Mn |
| Sep 30, 2023 | 15.01 Mn |
| Jun 30, 2023 | 15.13 Mn |
| Mar 31, 2023 | 16.12 Mn |
| Dec 31, 2022 | 13.01 Mn |
| Sep 30, 2022 | 18.31 Mn |
| Jun 30, 2022 | 18.58 Mn |
| Mar 31, 2022 | 15.34 Mn |
| Dec 31, 2021 | 16.43 Mn |
| Sep 30, 2021 | 16.70 Mn |