Sps Commerce SPSC
NASDAQ SPSC
$83.00 -1.21 (-1.44%)
At close: Sep 4, 2026 · 4:00 PM EDT

Sps Commerce (SPSC) Research & Development (2010 - 2026)

Sps Commerce's (SPSC) quarterly Research & Development came in at $43.9 million in Q2 2026, up 1.16% year-over-year from $43.4 million in Q2 2025, and down 1.78% quarter-over-quarter from $44.7 million in Q1 2026.

Analysis

Sps Commerce (SPSC) Research & Development (2010 - 2026) Analysis & Trends

Sps Commerce (SPSC) has reported Research & Development for 17 consecutive years, with $43.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development rose 1.16% year-over-year to $43.9 million in Q2 2026; TTM through Jun 2026 was $172.7 million, a 6.71% increase from a year earlier, with the FY2025 full-year figure at $169.1 million, up 13.57% from the prior year.
  • Research & Development was $43.9 million for Q2 2026 at Sps Commerce, down from $44.7 million in the prior quarter.
  • Over five years, Research & Development peaked at $44.7 million in Q1 2026 and troughed at $24.6 million in Q2 2022.
  • A 5-year average of $35.1 million and a median of $36.1 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development climbed 25.27% in 2024 and rose 1.16% in 2026, its largest moves.
  • Over 5 years, Research & Development stood at $27.2 million in 2022, then rose by 22.11% to $33.2 million in 2023, then climbed by 18.08% to $39.2 million in 2024, then rose by 6.43% to $41.7 million in 2025, then rose by 5.26% to $43.9 million in 2026.
  • The last three Research & Development figures came in at $43.9 million (Q2 2026), $44.7 million (Q1 2026), and $41.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Samsara 23.42 Bn 22.61 Bn 361.14 Mn 203.60 Mn
2 Manhattan Associates 12.46 Bn 12.28 Bn 168.33 Mn 34.77 Mn
3 Descartes Systems 6.79 Bn 6.41 Bn 150.18 Mn 27.40 Mn
4 Sps Commerce 3.00 Bn 2.83 Bn 138.79 Mn 43.94 Mn
5 Via Transportation 2.29 Bn 1.96 Bn 55.61 Mn 26.11 Mn
6 Karooooo 2.02 Bn 1.93 Bn 54.38 Mn -3.62 Mn
7 Ituran Location & Control 1.02 Bn 928.36 Mn 53.35 Mn 5.54 Mn
8 Verra Mobility 618.57 Mn 563.77 Mn 249.38 Mn -
9 Powerfleet 405.36 Mn 378.73 Mn 61.16 Mn 4.36 Mn
10 ReposiTrak 144.96 Mn 116.26 Mn 5.00 Mn 1.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 43.94 Mn
Mar 31, 2026 44.73 Mn
Dec 31, 2025 41.74 Mn
Sep 30, 2025 42.32 Mn
Jun 30, 2025 43.43 Mn
Mar 31, 2025 41.63 Mn
Dec 31, 2024 39.22 Mn
Sep 30, 2024 37.58 Mn
Jun 30, 2024 35.69 Mn
Mar 31, 2024 36.43 Mn
Dec 31, 2023 33.21 Mn
Sep 30, 2023 30.29 Mn
Jun 30, 2023 30.35 Mn
Mar 31, 2023 29.08 Mn
Dec 31, 2022 27.20 Mn
Sep 30, 2022 25.33 Mn
Jun 30, 2022 24.58 Mn
Mar 31, 2022 24.66 Mn
Dec 31, 2021 22.66 Mn
Sep 30, 2021 22.08 Mn