SPS Commerce, Inc. (SPSC)

SPS Commerce Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	107.6	241.02	219.08	162.89	207.55	149.69
Short-Term Investments	-	-	56.36	51.41	49.76	37.79
Cash & Short-Term Investments	107.6	241.02	275.44	214.31	257.31	187.48
Cash Growth	-60.41%	-12.50%	28.53%	-16.71%	37.25%	-12.20%
Receivables	67.51	52.04	46.84	39.44	34.56	33.58
Other Current Assets	94.26	88.86	79.16	69.07	60.57	50.3
Total Current Assets	269.38	381.91	401.44	322.81	352.44	271.36
Property, Plant & Equipment	47.55	45.74	43.91	44.63	42.75	42.01
Long-Term Investments	-	-	-	-	-	2.5
Goodwill	543.51	399.18	249.18	197.28	143.66	134.85
Other Intangible Assets	237.11	181.29	107.34	88.35	58.59	61.41
Long-Term Deferred Tax Assets	0.65	0.51	0.51	0.23	0.18	0.19
Long-Term Deferred Charges	21.1	20.57	20.35	17.42	15.19	12.61
Other Long-Term Assets	1.82	2.03	1.13	2.19	3.03	1.52
Total Assets	1,121	1,031	823.84	672.91	615.85	526.46
Accounts Payable	11.6	8.58	7.42	11.26	8.33	5.35
Accrued Expenses	51.42	59.27	49.6	37.69	40.01	34.03
Current Portion of Leases	5.75	4.58	4.46	4.28	4.11	2.8
Current Unearned Revenue	79.2	74.26	69.19	57.42	50.43	37.95
Total Current Liabilities	147.97	146.68	130.67	110.64	102.87	80.13
Long-Term Leases	5.05	7.89	9.57	13.01	16.43	19.67
Long-Term Unearned Revenue	5.48	6.19	6.93	4.77	5.14	3
Long-Term Deferred Tax Liabilities	12.53	15.54	8.97	7.42	7.15	2.94
Other Long-Term Liabilities	0.3	0.24	0.23	-	-	-
Total Liabilities	171.32	176.54	156.37	135.84	131.59	105.74
Common Stock	0.04	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	693.11	627.98	537.06	476.12	433.26	393.46
Retained Earnings	378.03	336.1	259.05	193.22	138.09	93.49
Treasury Stock	-122.1	-99.75	-128.89	-128.89	-85.68	-65.25
Comprehensive Income & Other	0.7	-9.68	0.22	-3.41	-1.45	-1.02
Shareholders' Equity	949.78	854.69	667.48	537.07	484.26	420.72
Total Liabilities & Equity	1,121	1,031	823.84	672.91	615.85	526.46
Total Debt	10.8	12.47	14.03	17.29	20.53	22.47
Net Cash (Debt)	96.81	228.55	261.41	197.02	236.78	165.01
Net Cash Growth	-62.69%	-12.57%	32.68%	-16.79%	43.49%	-13.00%
Net Cash Per Share	2.54	6.04	6.98	5.33	6.41	4.55
Filing Date Shares Outstanding	37.91	37.77	36.97	36.31	36.01	35.58
Total Common Shares Outstanding	37.93	37.66	36.82	36.16	36.01	35.49
Working Capital	121.41	235.22	270.77	212.17	249.57	191.22
Book Value Per Share	25.04	22.69	18.13	14.85	13.45	11.86
Tangible Book Value	169.16	274.22	310.96	251.44	282.01	224.46
Tangible Book Value Per Share	4.46	7.28	8.45	6.95	7.83	6.33
Machinery	35.68	36.69	45.37	41.29	40.3	39.27
Leasehold Improvements	15.06	15	15.39	16.53	16.69	12.75

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q