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SPS Commerce SPSC Prepaid & Other Current

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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$2.64B-33.4%
Enterprise value$2.49B-35.6%
P/E29.1×-18.8×
P/S3.5×-2.2×

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:DeferredCostsCurrent.

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, except shares) / ASSETSMarch 31,2026 / (unaudited)December 31,2025
Accounts receivable72,00375,295
Allowance for credit losses(6,897)(7,129)
Accounts receivable, net65,10668,166
Deferred costs65,90666,693
Other assets43,45749,090
Total current assets328,740335,304
Property and equipment, net46,15443,117
Operating lease right-of-use assets4,8565,025

Item 1. Financial Statements (unaudited)

FAQ

What is SPS Commerce's prepaid & other current?
SPS Commerce (SPSC) reported prepaid & other current of $65.91M in Q1 2026.
How has SPS Commerce's prepaid & other current changed year-over-year?
SPS Commerce's prepaid & other current decreased by 1.8% year-over-year, from $67.11M to $65.91M.
What is the long-term trend for SPS Commerce's prepaid & other current?
Over 5 years (2020 to 2025), SPS Commerce's prepaid & other current has grown at a 11.9% compound annual growth rate (CAGR), from $37.99M to $66.69M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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