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SPS Commerce SPSC Accounts Payable

Accounts Payable at other companies

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International Business MachinesIBM
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EPAM SystemsEPAM

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$2.04B-58.8%
Enterprise value$1.89B-61.1%
P/E22.4×-38.4×
P/S2.7×-4.7×

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:IncreaseDecreaseInAccountsPayable.

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

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Questions, answered.

What is SPS Commerce's accounts payable?
SPS Commerce (SPSC) reported accounts payable of -$792K in Q1 2026.
How has SPS Commerce's accounts payable changed year-over-year?
SPS Commerce's accounts payable decreased by 147.2% year-over-year, from $1.68M to -$792K.
What is the long-term trend for SPS Commerce's accounts payable?
Over 3 years (2021 to 2025), SPS Commerce's accounts payable has grown at a 27.8% compound annual growth rate (CAGR), from $2.26M to $4.72M.
What does accounts payable mean?
Measures the net change in obligations to suppliers for goods and services received on credit. An increase in accounts payable serves as a source of operating cash flow, indicating the company is effectively managing its payment terms. It is a primary indicator of short-term liquidity management.