Skip to content
OpenCapital
Get started

SPS Commerce SPSC Free cash flow margin

Free cash flow margin at other companies

International Business Machines logo
International Business MachinesIBM
18.7%-1.3pp
Open Text logo
Open TextOTEX
15.5%+2.0pp
Salesforce logo
SalesforceCRM
34.2%+1.5pp
Ryder System logo
Ryder SystemR
-0%0.0pp
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
19.8%-0.4pp
Symbotic Inc. logo
Symbotic Inc.SYM
6.7%+4.0pp

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%
CapEx$7.1M+16.1%
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

Returns & leverage

See full
Return on equity9.7%-0.5pp
Debt / equity0×0.0×
Current ratio2.1×+0.5×

Where this comes from

Calculated from SPS Commerce’s reported figures.

free cash flow/total revenue=21.9%

Based on trailing twelve months.

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 free cash flow margin.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is SPS Commerce's free cash flow margin?
SPS Commerce (SPSC) reported free cash flow margin of 21.9% in Q1 2026.
How has SPS Commerce's free cash flow margin changed year-over-year?
SPS Commerce's free cash flow margin increased by 4.3% year-over-year, from 21% to 21.9%.
What is the long-term trend for SPS Commerce's free cash flow margin?
Over 5 years (2020 to 2025), SPS Commerce's free cash flow margin has grown at a -2.6% compound annual growth rate (CAGR), from 23.1% to 20.3%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.