Sps Commerce (SPSC) Operating Leases (2019 - 2026)
Sps Commerce (SPSC) posted quarterly Operating Leases of $6.3 million for 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.
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.
- In Q2 2026, Operating Leases fell 41.6% year-over-year to $6.3 million; the TTM figure through Jun 2026 stood at $6.3 million (down 41.6% YoY), while the FY2025 annual figure was $2.8 million, down 63.99% from the prior year.
- Operating Leases fell to $6.3 million in Q2 2026 per SPSC's latest filing, from $6.6 million in the prior quarter.
- Across five years, Operating Leases topped out at $18.6 million in Q2 2022 and bottomed at $2.8 million in Q4 2025.
- Historically, Operating Leases has averaged $12.0 million across 5 years, with a median of $12.6 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Leases climbed 9.66% — and 2025, when it tumbled 63.99%.
- Sps Commerce's Operating Leases stood at $13.0 million in 2022, then slipped by 26.44% to $9.6 million in 2023, then slipped by 17.6% to $7.9 million in 2024, then plunged by 63.99% to $2.8 million in 2025, then jumped by 122.12% to $6.3 million in 2026.
- Business Quant data shows SPSC's Operating Leases at $6.3 million in Q2 2026, $6.6 million in Q1 2026, and $2.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Sps Commerce | 2.87 Bn | 2.70 Bn | 138.79 Mn |
Historic Data
Download 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 | 5.05 Mn |
| Mar 31, 2025 | 12.26 Mn |
| Dec 31, 2024 | 7.89 Mn |
| Sep 30, 2024 | 8.81 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 | 11.99 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 |