Sps Commerce (SPSC) Short-term Investments (2015 - 2024)

Sps Commerce's (SPSC) quarterly Short-term Investments came in at $6.9 million in Q3 2024, down 88.57% year-on-year from $60.6 million in Q4 2023, and down 78.03% on a QoQ basis from $31.6 million in Q2 2024.

Sps Commerce (SPSC) Short-term Investments (2015 - 2024) Analysis & Trends

Sps Commerce (SPSC) has 10 years of Short-term Investments data on file, last reported at $6.9 million in Q3 2024.

  • On a quarterly basis, Short-term Investments fell 88.57% year-over-year to $6.9 million in Q3 2024; TTM through Sep 2024 was $6.9 million, a 88.57% decrease from a year earlier, with the FY2023 full-year figure at $56.4 million, up 9.62% from the prior year.
  • Short-term Investments for Q3 2024 stood at $6.9 million, down from $31.6 million in the prior quarter.
  • Over the last five years, Short-term Investments for SPSC reached as high as $60.9 million in Q2 2023 and fell as low as $6.9 million in Q3 2024.
  • Historically, Short-term Investments has averaged $45.9 million across 5 years, with a median of $50.3 million in 2021.
  • Across the five-year window, Short-term Investments surged 31.68% in 2021 and slumped 88.57% in 2024, its largest moves.
  • Year by year, Short-term Investments stood at $37.8 million in 2020, then jumped by 31.68% to $49.8 million in 2021, then gained by 3.32% to $51.4 million in 2022, then climbed by 9.62% to $56.4 million in 2023, then plunged by 87.7% to $6.9 million in 2024.
  • Per Business Quant data, the three most recent Short-term Investments figures were $6.9 million in Q3 2024, $31.6 million in Q2 2024, and $56.2 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Sps Commerce 2.37 Bn 2.22 Bn 132.90 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 6.93 Mn
Jun 30, 2024 31.55 Mn
Mar 31, 2024 56.17 Mn
Dec 31, 2023 56.36 Mn
Sep 30, 2023 60.63 Mn
Jun 30, 2023 60.91 Mn
Mar 31, 2023 51.15 Mn
Dec 31, 2022 51.41 Mn
Sep 30, 2022 50.93 Mn
Jun 30, 2022 46.51 Mn
Mar 31, 2022 39.97 Mn
Dec 31, 2021 49.76 Mn
Sep 30, 2021 56.18 Mn
Jun 30, 2021 49.00 Mn
Mar 31, 2021 39.17 Mn
Dec 31, 2020 37.79 Mn
Sep 30, 2020 52.30 Mn
Mar 31, 2020 30.07 Mn
Dec 31, 2019 34.28 Mn
Sep 30, 2019 51.45 Mn