SPS COMMERCE INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $193.3m $220.6m $248.2m $279.1m $312.6m $385.3m $450.9m $536.9m $637.8m $751.5m
Cost of Revenue $64.3m $73.6m $81.7m $92.2m $99.8m $131.7m $153.1m $182.1m $210.7m $231.6m
Gross Profit $128.9m $146.9m $166.5m $186.9m $212.8m $253.6m $297.8m $354.8m $427.1m $519.9m
Operating Expenses $121.4m $138.5m $139.8m $148.5m $162.6m $198.5m $226.6m $277.6m $338.2m $401.6m
Operating Income (Loss) $7.5m $8.4m $26.7m $38.4m $50.2m $55.1m $71.2m $77.2m $88.9m $118.3m
Additional Financial Items
Amortization of Intangible Assets $4.7m $4.6m $4.1m $5.3m $5.5m $10.1m $11.8m $16.1m $23.5m $37.2m
Capitalized Computer Software, Amortization $86k $112k $229k
Foreign Currency Transaction Gain (Loss), before Tax ($1.5m) ($1.0m) $1.7m $115k $388k
Goodwill, Impairment Loss $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $8.8m $9.1m $28.3m $42.1m $52.7m $53.5m $71.3m $85.6m $99.5m $123.8m
Investment Income, Net $278k $1.7m $7.7m $10.6m $4.6m
Net Income (Loss) Attributable to Parent $5.7m ($2.4m) $23.9m $33.7m $45.6m $44.6m $55.1m $65.8m $77.1m $93.3m
Earnings Per Share, Basic $0.34 ($0.14) $1.39 $0.96 $1.29 $1.24 $1.53 $1.80 $2.07 $2.46
Earnings Per Share, Diluted $0.33 ($0.14) $1.36 $0.94 $1.26 $1.21 $1.49 $1.76 $2.04 $2.46
Weighted Average Number of Shares Outstanding, Basic 16.9m 17.2m 17.2m 35.0m 35.2m 35.9m 36.1m 36.6m 37.3m 37.9m
Weighted Average Number of Shares Outstanding, Diluted 17.2m 17.2m 17.6m 36.0m 36.3m 37.0m 37.0m 37.5m 37.9m 38.0m
Other income (expense):
Research and Development Expense $22.0m $23.2m $22.1m $28.3m $31.0m $39.0m $45.7m $53.7m $62.8m $68.7m
Selling and Marketing Expense $65.9m $73.3m $71.7m $70.1m $76.0m $88.0m $101.8m $122.9m $148.9m $169.1m
General and Administrative Expense $28.8m $37.5m $41.9m $44.7m $50.1m $61.3m $67.3m $84.9m $102.9m $126.6m
Other Nonoperating Income (Expense) $732k ($320k) ($720k) $272k $1.3m ($366k) ($502k) ($1.1m) ($104k) $495k
Income Tax Expense (Benefit) $3.1m $11.6m $4.5m $8.4m $7.1m $8.9m $16.2m $19.7m $22.4m $30.5m
Nonoperating Income (Expense) $1.3m $712k $1.6m $3.7m $2.5m ($1.5m) $142k $8.3m $10.6m $5.5m
Interest Income (Expense), Net $601k $1.0m $2.3m $2.9m $1.1m