Sps Commerce (SPSC) Tax Rate (2010 - 2026)
Sps Commerce's (SPSC) quarterly Tax Rate came in at 34.06% in Q2 2026, up 650.0% year-over-year from 4.54% in Q2 2025, and up 41.85% quarter-over-quarter from 24.01% in Q1 2026.
Analysis
Sps Commerce (SPSC) Tax Rate (2010 - 2026) Analysis & Trends
Sps Commerce (SPSC) has reported Tax Rate for 17 consecutive years, with 34.06% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 650.0% year-over-year to 34.06% in Q2 2026; TTM through Jun 2026 was 25.57%, a 158.0% increase from a year earlier, with the FY2025 full-year figure at 24.63%, up 209.0% from the prior year.
- Tax Rate was 34.06% for Q2 2026 at Sps Commerce, up from 24.01% in the prior quarter.
- Over five years, Tax Rate peaked at 34.06% in Q2 2026 and troughed at 2.87% in Q1 2024.
- A 5-year average of 23.48% and a median of 24.25% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 1222 bps in 2024 and soared 1832 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 23.36% in 2022, then grew by 19 bps to 27.83% in 2023, then grew by 0 bps to 27.95% in 2024, then increased by 1 bps to 28.18% in 2025, then climbed by 21 bps to 34.06% in 2026.
- The last three Tax Rate figures came in at 34.06% (Q2 2026), 24.01% (Q1 2026), and 28.18% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 9.03% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 25.09% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | - |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 34.06% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -1.03% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -25.59% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | -20.47% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -14.10% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -19.94% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 21.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.06% |
| Mar 31, 2026 | 24.01% |
| Dec 31, 2025 | 28.18% |
| Sep 30, 2025 | 21.21% |
| Jun 30, 2025 | 27.57% |
| Mar 31, 2025 | 21.19% |
| Dec 31, 2024 | 27.95% |
| Sep 30, 2024 | 20.07% |
| Jun 30, 2024 | 33.76% |
| Mar 31, 2024 | 2.87% |
| Dec 31, 2023 | 27.83% |
| Sep 30, 2023 | 24.48% |
| Jun 30, 2023 | 22.38% |
| Mar 31, 2023 | 15.09% |
| Dec 31, 2022 | 23.36% |
| Sep 30, 2022 | 16.49% |
| Jun 30, 2022 | 26.50% |
| Mar 31, 2022 | 25.57% |
| Dec 31, 2021 | 16.31% |
| Sep 30, 2021 | 10.59% |