SPS Commerce Inc
SPSC- Exchange
- Nasdaq
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001092699
In the last 90 days, SPS Commerce Inc insiders filed 0 open-market purchases and 2 sales; 319 institutions reported holding it in 13F filings for Q2 2026, worth $2.23B in total; no superinvestor holds it.
Key figures
- Market capClose on Nov 11, 2026
- $2.94B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $1.31M in total
- 2
- 13F holdersQ2 2026, −8 vs. previous quarter
- 319
- 13F valueReported value at the end of Q2 2026
- $2.23B
- Superinvestors holdingAt the end of Q2 2026
- 0
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $751.5M
- +17.8% year over year
- Net income, FY2025
- $93.3M
- +21.1% year over year
- Free cash flow, FY2025
- $152.3M
- +10.9% year over year
- Revenue, Q3 FY2026
- $197.6M
- +4.1% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 2.47M
- Shares sold short
- Change
- −394.1K
- −13.8% vs. previous
- Days to cover
- 4.85
- At average daily volume
Superinvestors holding SPSC, Q2 2026
Go to the superinvestors tabNo superinvestor reported holding SPSC at the end of Q2 2026.
Latest insider trades
See all insider tradesOpen-market purchases and sales by SPS Commerce Inc insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Nov 10, 2026 (view filing)4:14 PM ET | Nov 6 | 4 days | Thingelstad JamieEVP, Chief Technology Officer | SSale | −11.2K | $81.59 | −$913.5K | −10.5%95.8K after | |
| Nov 5, 2026 (view filing)5:38 PM ET | Nov 3 | 2 days | Reaume Marty MDirector | SSale | −4.54K | $86.86 | −$394.0K | −26.0%12.9K after | |
| May 11, 2026 (view filing) | May 7 | 4 days | Reaume Marty MDirector | SSale | −1.00K | $57.03 | −$57.0K | −9.8%9.16K after | 10b5-1 |
| Apr 9, 2026 (view filing) | Apr 7 | 2 days | Reaume Marty MDirector | SSale | −1.00K | $57.90 | −$57.9K | −9.8%9.16K after | 10b5-1 |
| Mar 11, 2026 (view filing) | Mar 9 | 2 days | Reaume Marty MDirector | SSale | −1.00K | $62.73 | −$62.7K | −9.8%9.16K after | 10b5-1 |
| Feb 24, 2026 (view filing) | Feb 20 | 4 days | Collins ChadwickChief Executive Officer | SSale | −13.4K | $58.66 | −$785.1K | −15.6%72.2K after | 3 lots10b5-1 |
| Feb 24, 2026 (view filing) | Feb 20 | 4 days | Nelson Kimberly K.EVP & CFO | SSale | −6.30K | $58.66 | −$369.5K | −4.2%145.5K after | 3 lots10b5-1 |
| Feb 24, 2026 (view filing) | Feb 24 | Same day | Thingelstad JamieEVP, Chief Technology Officer | SSale | −2.42K | $54.94 | −$132.9K | −4.1%56.3K after | 2 lots10b5-1 |
| Feb 11, 2026 (view filing) | Feb 9 | 2 days | Reaume Marty MDirector | SSale | −1.00K | $79.92 | −$79.9K | −9.8%9.16K after | 10b5-1 |
| Jan 9, 2026 (view filing) | Jan 7 | 2 days | Reaume Marty MDirector | SSale | −1.73K | $92.26 | −$159.8K | −15.9%9.16K after | 2 lots10b5-1 |
Top 10 13F holders, Q2 2026
See all 319 holdersThe largest institutional positions in SPS Commerce Inc at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,934,211 | $339.3M | 0.01% | +105,575+1.8% | Added |
| Vanguard Portfolio Management LLC | 2,914,709 | $166.6M | 0.01% | −44,130−1.5% | Reduced |
| Disciplined Growth Investors Inc | 2,123,881 | $121.4M | 2.06% | +1,312,943+161.9% | Added |
| Neuberger Berman Group LLC | 1,780,876 | $101.8M | 0.07% | −9,422−0.5% | Reduced |
| Vanguard Capital Management LLC | 1,598,383 | $91.4M | 0.00% | −99,740−5.9% | Reduced |
| State Street Corp | 1,545,696 | $88.4M | 0.00% | +45,886+3.1% | Added |
| Geode Capital Management, LLC | 1,266,247 | $72.4M | 0.00% | +268,288+26.9% | Added |
| Goldman Sachs Group Inc | 1,107,434 | $63.3M | 0.01% | +38,218+3.6% | Added |
| Morgan Stanley | 997,970 | $57.1M | 0.00% | +37,090+3.9% | Added |
| Jupiter Topco LLC | 984,427 | $56.3M | 0.02% | +984,427 | New |
Holders of 5% or more of SPSC
See all 4 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of SPS Commerce Inc.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| BlackRock, Inc. | 13G/A | 14.70%5.58M shares | – | Oct 17, 20251 filing | Oct 17, 2025 | SEC |
| Vanguard Portfolio Management LLC | 13G | 8.01%3.00M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
| Disciplined Growth Investors Inc | 13G | 5.90%2.12M shares | New | Aug 14, 20261 filing | Aug 14, 2026 | SEC |
| Vanguard Capital Management LLC | 13G | 5.30%1.98M shares | New | Apr 30, 20261 filing | Apr 30, 2026 | SEC |
Politician trades
All politician trades in SPSC2 members of Congress reported 3 trades in SPS Commerce Inc since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Jun 8, 2020 |  Peter Welch House · VT | Sell (partial) | $1K-$15K |
| Jun 8, 2020 | Peter Welch House · VT | Sell | $1K-$15K |
| Apr 27, 2020 |  Donna E. Shalala House · FL | Sell | $1K-$15K |
House · VT · Jun 8, 2020
Sell (partial)$1K-$15K
House · VT · Jun 8, 2020
Sell$1K-$15K
House · FL · Apr 27, 2020
Sell$1K-$15K