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SPS Commerce SPSC Accrued liabilities

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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$2.04B-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:IncreaseDecreaseInAccruedLiabilities.

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 accrued liabilities?
SPS Commerce (SPSC) reported accrued liabilities of $893K in Q1 2026.
How has SPS Commerce's accrued liabilities changed year-over-year?
SPS Commerce's accrued liabilities decreased by 76.9% year-over-year, from $3.87M to $893K.
What is the long-term trend for SPS Commerce's accrued liabilities?
Over 2 years (2021 to 2025), SPS Commerce's accrued liabilities has grown at a 87.3% compound annual growth rate (CAGR), from $1.02M to -$3.57M.
What does accrued liabilities mean?
Represents the net change in obligations for expenses that have been incurred but not yet invoiced or paid. This category includes various operational costs such as professional fees, utilities, or other services. Monitoring this helps track the company's short-term debt and expense accrual patterns.