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SPS Commerce SPSC Operating Lease Liability - Undiscounted Excess Amount

Operating Lease Liability - Undiscounted Excess Amount at other companies

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Other financials

Income statement

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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

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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

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Operating cash flow$55.6M+39.1%
CapEx$7.1M+16.1%
Free cash flow$48.5M+43.3%

Valuation

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Market cap$2.69B-32.2%
Enterprise value$2.54B-34.3%
P/E29.6×-18.2×
P/S3.5×-2.1×

Profitability

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Gross margin69.3%+1.6pp
Operating margin15.3%+0.5pp
Net margin11.9%-0.2pp
FCF margin21.9%+0.9pp

Returns & leverage

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Return on equity9.7%-0.5pp
Debt / equity0.0×
Current ratio2.1×+0.5×

Where this comes from

Reported directly by SPS Commerce in its filing.

Tagged under the XBRL concept us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

The source filing: SPS Commerce’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001092699-26-000043
(in thousands)
2027(16,648)
20281,329
20292,884
20302,932
Thereafter30,161
Total future gross payments24,030
Less: imputed interest(17,412)
Total operating lease liabilities$6,618

Item 1. Financial Statements (unaudited)

FAQ

What is SPS Commerce's operating lease liability - undiscounted excess amount?
SPS Commerce (SPSC) reported operating lease liability - undiscounted excess amount of $17.41M in Q1 2026.
How has SPS Commerce's operating lease liability - undiscounted excess amount changed year-over-year?
SPS Commerce's operating lease liability - undiscounted excess amount increased by 2922.9% year-over-year, from $576K to $17.41M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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