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Sps Commerce (SPSC) Research & Development (2016 - 2025)

Sps Commerce (SPSC) has disclosed Research & Development for 16 consecutive years, with $16.7 million as the latest value for Q4 2025.

  • Quarterly Research & Development fell 2.61% to $16.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $68.7 million through Dec 2025, up 9.35% year-over-year, with the annual reading at $68.7 million for FY2025, 9.35% up from the prior year.
  • Research & Development for Q4 2025 was $16.7 million at Sps Commerce, down from $17.3 million in the prior quarter.
  • The five-year high for Research & Development was $17.4 million in Q1 2025, with the low at $8.7 million in Q1 2021.
  • Average Research & Development over 5 years is $13.5 million, with a median of $13.4 million recorded in 2023.
  • The sharpest move saw Research & Development soared 34.78% in 2021, then dropped 2.61% in 2025.
  • Over 5 years, Research & Development stood at $10.6 million in 2021, then rose by 17.97% to $12.5 million in 2022, then increased by 13.91% to $14.2 million in 2023, then increased by 20.58% to $17.1 million in 2024, then decreased by 2.61% to $16.7 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $16.7 million, $17.3 million, and $17.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.