SPS Commerce, Inc. - Common Stock (SPSC)
Technology › Services-Prepackaged Software
Price History
Feb 9, 2026 — Aug 4, 2026Investment Snapshot
- Trading 62% above Graham Number — above intrinsic value estimate
- Piotroski F-Score 6/9 — moderate financial health
- ROE of 7.7% — below-average profitability
- Revenue growing at 18% annually
SPS Commerce, Inc. - Common Stock (SPSC) is a Technology company operating in Services-Prepackaged Software, listed on the NASDAQ , with a market capitalisation of $2.0 billion . Key value metrics: P/E ratio 27.8, P/B ratio 2.13, Piotroski F-Score 6 out of 9 (moderate financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
SPS Commerce, Inc. - Common Stock — Fundamental Analysis Summary
SPS Commerce, Inc. - Common Stock (SPSC) is currently trading 62% above its Graham Number of $34.23, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 27.8x.
On financial health, SPSC shows a moderate Piotroski F-Score of 6/9, and modest return on equity of 7.7% (sector average: -1.7%), and minimal leverage with a debt-to-equity ratio of 0.20.
StockPik's composite Value Score for SPSC is 74/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
SPSC reports a high gross margin of 69.2% (sector average: 42.4%) and a solid operating margin of 11.8%.
SPSC shows revenue growing at 18% year-over-year, with earnings growing at 21%.