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SPS Commerce SPSC Total 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$2.59B-38.1%
Enterprise value$2.44B-40.2%
P/E28.5×-21.9×
P/S3.4×-2.5×

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:Liabilities.

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
Operating lease liabilities, non-current4,7002,839
Deferred income tax liabilities33,80133,201
Other liabilities, non-current279287
Total liabilities199,048195,966
Commitments and contingencies (Note I)
Stockholders' equity
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.001 par value; 110,000,000 shares authorized; 40,240,558 and 40,048,410 shares issued; and 36,948,282 and 37,517,239 shares outstanding, respectively4040

Item 1. Financial Statements (unaudited)

FAQ

What is SPS Commerce's total liabilities?
SPS Commerce (SPSC) reported total liabilities of $199.05M in Q1 2026.
How has SPS Commerce's total liabilities changed year-over-year?
SPS Commerce's total liabilities increased by 5.8% year-over-year, from $188.13M to $199.05M.
What is the long-term trend for SPS Commerce's total liabilities?
Over 5 years (2020 to 2025), SPS Commerce's total liabilities has grown at a 13.1% compound annual growth rate (CAGR), from $105.74M to $195.97M.
What does total liabilities mean?
The sum of all current and non-current obligations — everything the company owes to creditors, employees, governments, and other stakeholders.

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