Sps Commerce (SPSC) Price to Sales (2011 - 2026)
Sps Commerce's (SPSC) Price to Sales stood at 3.76 in Q3 2026, down 30.2% from 5.38 a year earlier but up 40.4% from the prior quarter.
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Analysis
Sps Commerce (SPSC) Price to Sales (2011 - 2026) Analysis & Trends
For FY2025, Sps Commerce's Price to Sales came in at 4.45, down 59.0% from FY2024.
- Across earlier years, Price to Sales came in at 10.86 in FY2024 (-18.3%), 13.29 in FY2023 (+29.1%), 10.30 in FY2022 (-22.6%) and 13.30 in FY2021 (+7.9%).
- Quarterly Price to Sales has ranged from 2.68 in Q2 2026 to 14.28 in Q2 2023 over the past five years.
- On a year-over-year basis, Price to Sales has declined for ten consecutive quarters, with an average decline of 45.9% over the last eight quarters.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 45.5% in Q2 2023, against a decline of 64.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.68 (Q2 2026), 2.70 (Q1 2026) and 4.45 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn |
| 10 | Sps Commerce | 2.94 Bn | 2.28 Bn | 140.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.76 |
| Jun 30, 2026 | 2.68 |
| Mar 31, 2026 | 2.70 |
| Dec 31, 2025 | 4.45 |
| Sep 30, 2025 | 5.38 |
| Jun 30, 2025 | 7.34 |
| Mar 31, 2025 | 7.53 |
| Dec 31, 2024 | 10.86 |
| Sep 30, 2024 | 11.92 |
| Jun 30, 2024 | 11.95 |
| Mar 31, 2024 | 12.22 |
| Dec 31, 2023 | 13.29 |
| Sep 30, 2023 | 12.18 |
| Jun 30, 2023 | 14.28 |
| Mar 31, 2023 | 11.80 |
| Dec 31, 2022 | 10.30 |
| Sep 30, 2022 | 10.37 |
| Jun 30, 2022 | 9.81 |
| Mar 31, 2022 | 11.84 |
| Dec 31, 2021 | 13.30 |
API Access
Sps Commerce Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=SPSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "SPSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();