Sps Commerce (SPSC) Tax Rate (2010 - 2026)
Sps Commerce (SPSC) reported Tax Rate of 24.01% for Q1 2026, up 283.0% year-over-year from 6.27% in Q1 2025, and down 14.77% on a QoQ basis from 28.18% in Q4 2025.
Sps Commerce (SPSC) has 17 years of Tax Rate data on file, last reported at 24.01% in Q1 2026.
- Quarterly Tax Rate rose 283.0% year-over-year to 24.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.29% (down 24.0% YoY) and the FY2025 annual result came in at 24.63%, up 209.0% from the prior year.
- Tax Rate fell to 24.01% in Q1 2026 per SPSC's latest filing, from 28.18% in the prior quarter.
- Across five years, Tax Rate topped out at 33.76% in Q2 2024 and bottomed at 2.87% in Q1 2024.
- The 5-year median for Tax Rate is 24.01% (2026), against an average of 22.85%.
- The widest annual swing landed in 2024, when Tax Rate plunged 1222 bps; it then surged 1832 bps in 2025.
- Tracing SPSC's Tax Rate over 5 years: stood at 23.36% in 2022, then climbed by 19 bps to 27.83% in 2023, then climbed by 0 bps to 27.95% in 2024, then grew by 1 bps to 28.18% in 2025, then fell by 15 bps to 24.01% in 2026.
- Per Business Quant, the three latest SPSC Tax Rate figures stand at 24.01% (Q1 2026), 28.18% (Q4 2025), and 21.21% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Sps Commerce | 2.00 Bn | 1.84 Bn | 132.90 Mn | 24.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.01 |
| Mar 31, 2026 | 24.01 |
| Dec 31, 2025 | 28.18 |
| Dec 31, 2025 | 28.18 |
| Sep 30, 2025 | 21.21 |
| Sep 30, 2025 | 21.21 |
| Jun 30, 2025 | 27.57 |
| Jun 30, 2025 | 27.57 |
| Mar 31, 2025 | 21.19 |
| Mar 31, 2025 | 21.19 |
| Dec 31, 2024 | 27.95 |
| Dec 31, 2024 | 27.95 |
| Sep 30, 2024 | 20.07 |
| Sep 30, 2024 | 20.07 |
| Jun 30, 2024 | 33.76 |
| Jun 30, 2024 | 33.76 |
| Mar 31, 2024 | 2.87 |
| Mar 31, 2024 | 2.87 |
| Dec 31, 2023 | 27.83 |
| Dec 31, 2023 | 27.83 |
| Sep 30, 2023 | 24.48 |
| Sep 30, 2023 | 24.48 |
| Jun 30, 2023 | 22.38 |
| Jun 30, 2023 | 22.38 |
| Mar 31, 2023 | 15.09 |
| Mar 31, 2023 | 15.09 |
| Dec 31, 2022 | 23.36 |
| Dec 31, 2022 | 23.36 |
| Sep 30, 2022 | 16.49 |
| Sep 30, 2022 | 16.49 |
| Jun 30, 2022 | 26.50 |
| Jun 30, 2022 | 26.50 |
| Mar 31, 2022 | 25.57 |
| Mar 31, 2022 | 25.57 |
| Dec 31, 2021 | 16.31 |
| Dec 31, 2021 | 16.31 |
| Sep 30, 2021 | 10.59 |
| Sep 30, 2021 | 10.59 |
| Jun 30, 2021 | 22.54 |
| Jun 30, 2021 | 22.54 |
| Mar 31, 2021 | 17.32 |
| Mar 31, 2021 | 17.32 |
| Dec 31, 2020 | 9.36 |
| Dec 31, 2020 | 9.36 |
| Sep 30, 2020 | 20.66 |
| Sep 30, 2020 | 20.66 |
| Jun 30, 2020 | 11.01 |
| Jun 30, 2020 | 11.01 |
| Mar 31, 2020 | 12.41 |
| Mar 31, 2020 | 12.41 |
| Dec 31, 2019 | 22.36 |
| Dec 31, 2019 | 22.36 |
| Sep 30, 2019 | 23.14 |
| Sep 30, 2019 | 23.14 |
| Jun 30, 2019 | 18.43 |
| Jun 30, 2019 | 18.43 |
| Mar 31, 2019 | 13.24 |
| Mar 31, 2019 | 13.24 |
| Dec 31, 2018 | -26.21 |
| Dec 31, 2018 | -26.21 |
| Sep 30, 2018 | 6.98 |
| Sep 30, 2018 | 6.98 |
| Jun 30, 2018 | 14.63 |
| Jun 30, 2018 | 14.63 |
| Mar 31, 2018 | 28.64 |
| Mar 31, 2018 | 28.64 |
| Dec 31, 2017 | -471.34 |
| Dec 31, 2017 | -471.34 |
| Sep 30, 2017 | 36.58 |
| Sep 30, 2017 | 36.58 |
| Jun 30, 2017 | 36.43 |
| Jun 30, 2017 | 36.43 |
| Mar 31, 2017 | 14.96 |
| Mar 31, 2017 | 14.96 |
| Dec 31, 2016 | 33.04 |
| Dec 31, 2016 | 33.04 |
| Sep 30, 2016 | 32.72 |
| Sep 30, 2016 | 32.72 |
| Jun 30, 2016 | 46.42 |
| Jun 30, 2016 | 46.42 |
| Mar 31, 2016 | 40.41 |
| Mar 31, 2016 | 40.41 |
| Dec 31, 2015 | 16.54 |
| Dec 31, 2015 | 16.54 |
| Sep 30, 2015 | 42.87 |
| Sep 30, 2015 | 42.87 |
| Jun 30, 2015 | 35.35 |
| Jun 30, 2015 | 35.35 |
| Mar 31, 2015 | 30.81 |
| Mar 31, 2015 | 30.81 |
| Dec 31, 2014 | -110.93 |
| Dec 31, 2014 | -110.93 |
| Sep 30, 2014 | 38.83 |
| Sep 30, 2014 | 38.83 |
| Jun 30, 2014 | 41.86 |
| Jun 30, 2014 | 41.86 |
| Mar 31, 2014 | 36.89 |
| Mar 31, 2014 | 36.89 |
| Dec 31, 2013 | 58.47 |
| Dec 31, 2013 | 58.47 |
| Sep 30, 2013 | 38.50 |
| Sep 30, 2013 | 38.50 |
| Jun 30, 2013 | 36.98 |
| Jun 30, 2013 | 36.98 |
| Mar 31, 2013 | -49.62 |
| Mar 31, 2013 | -49.62 |
| Dec 31, 2012 | -131.65 |
| Dec 31, 2012 | -131.65 |
| Sep 30, 2012 | -248.00 |
| Sep 30, 2012 | -248.00 |
| Jun 30, 2012 | 41.32 |
| Jun 30, 2012 | 41.32 |
| Mar 31, 2012 | 37.41 |
| Mar 31, 2012 | 37.41 |
| Dec 31, 2011 | -3,811.61 |
| Dec 31, 2011 | -3,811.61 |
| Sep 30, 2011 | 31.40 |
| Sep 30, 2011 | 31.40 |
| Jun 30, 2011 | -251.61 |
| Jun 30, 2011 | -251.61 |
| Mar 31, 2011 | 5.57 |
| Mar 31, 2011 | 5.57 |
| Dec 31, 2010 | -0.92 |
| Dec 31, 2010 | -0.92 |
| Sep 30, 2010 | -0.80 |
| Sep 30, 2010 | -0.80 |
| Jun 30, 2010 | 5.62 |
| Jun 30, 2010 | 5.62 |