What is SPS Commerce's capex?

SPS Commerce (SPSC) reported capex of $7.14M in Q1 2026.

How has SPS Commerce's capex changed year-over-year?

SPS Commerce's capex increased by 16.1% year-over-year, from $6.15M to $7.14M.

What is the long-term trend for SPS Commerce's capex?

Over 4 years (2021 to 2025), SPS Commerce's capex has grown at a 7.9% compound annual growth rate (CAGR), from $19.59M to $26.52M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

SPS Commerce SPSC CapEx

CapEx at other companies

International Business MachinesIBM

$232M-4.9%

Open TextOTEX

$49.72M+75.0%

SalesforceCRM

$145M-19.0%

Ryder SystemR

$427M-16.9%

Affirm Holdings, Inc.AFRM

$61.41M+15.8%

TeradataTDC

$10M+900%

Other financials

Income statement

See full

Revenue$192.1M+5.8%

Gross profit$132.9M+6.6%

Operating income$24.6M-5.4%

Net income$19.7M-11.1%

EPS (diluted)$0.53-8.6%

Balance sheet

See full

Cash & equivalents$154.3M+62.5%

Total debt$6.6M-46.0%

Total equity$962.2M+4.5%

Total assets$1.2B+4.7%

Cash flow

See full

Operating cash flow$55.6M+39.1%

Free cash flow$48.5M+43.3%

Valuation

See full

Market cap$2.01B-58.8%

Enterprise value$1.86B-61.1%

P/E22.1×-37.9×

P/S2.6×-4.6×

Profitability

See full

Gross margin69.3%+1.6pp

Operating margin15.3%+0.5pp

Net margin11.9%-0.2pp

FCF margin21.9%+0.9pp

Returns & leverage

See full

Return on equity9.7%-0.5pp

Debt / equity0×0.0×

Current ratio2.1×+0.5×

Where this comes from

Reported directly by SPS Commerce in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: SPS Commerce’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about SPS Commerce's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is SPS Commerce's capex?: SPS Commerce (SPSC) reported capex of $7.14M in Q1 2026.
How has SPS Commerce's capex changed year-over-year?: SPS Commerce's capex increased by 16.1% year-over-year, from $6.15M to $7.14M.
What is the long-term trend for SPS Commerce's capex?: Over 4 years (2021 to 2025), SPS Commerce's capex has grown at a 7.9% compound annual growth rate (CAGR), from $19.59M to $26.52M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.