Sps Commerce (SPSC) Tax Rate (2010 - 2026)
Sps Commerce (SPSC) reported Tax Rate of 25.71% for Q3 2026, up 4.50 percentage points from 21.21% a year earlier but down 8.35 percentage points from the prior quarter.
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Analysis
Sps Commerce (SPSC) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Sps Commerce's Tax Rate came in at 26.87%, up 2.66 percentage points year-over-year; for FY2025, it came in at 24.63%, up 2.09 percentage points from FY2024.
- Tax Rate has a five-year change of +11.16 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 22.54% in FY2024 (-0.53 pp), 23.07% in FY2023 (+0.37 pp), 22.70% in FY2022 (+5.99 pp) and 16.70% in FY2021 (+3.24 pp).
- Five-year quarterly Tax Rate spans a low of 2.87% in Q1 2024 and a high of 34.06% in Q2 2026.
- Year over year, Tax Rate has now increased in each of the last five quarters, with an average year-over-year change of +3.43 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q1 2025 (a gain of 18.32 percentage points); the low point was Q1 2024 (a drop of 12.22 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 34.06% (Q2 2026), 24.01% (Q1 2026) and 28.18% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn | 7.42% |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn | 22.08% |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn | 3.98% |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | 25.99% |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn | 22.07% |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn | 51.28% |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn | 11.90% |
| 10 | Sps Commerce | 2.94 Bn | 2.28 Bn | 140.55 Mn | 25.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.71% |
| 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% |
API Access
Sps Commerce Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SPSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SPSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();