The table below shows SPS COMMERCE INC's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$751.50M
$637.76M
$536.91M
$450.88M
$385.28M
$312.63M
Cost of revenue
$231.63M
$210.71M
$182.07M
$153.06M
$131.68M
$99.84M
Gross profit
$519.88M
$427.05M
$354.84M
$297.81M
$253.60M
$212.79M
R&D
$68.68M
$62.81M
$53.65M
$45.75M
$39.04M
$31.02M
SPSC annual revenue (10-K history)
SPS COMMERCE INC reported annual revenue of $751.50M for fiscal year 2025. That is up 17.8% from $637.76M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $193.29M (FY 2016) to $751.50M. Figures come from the company's audited annual reports as filed with the SEC.
