SPS Commerce Inc (SPSC) — Cash Flow Quality Index

Latest as of March 2026: 2.82x

SPS Commerce Inc (SPSC) has a Cash Flow Quality Index of 2.82x as of March 2026. Operating cash flow of $55.63 Million exceeds net income of $19.73 Million, indicating high earnings quality where cash backs reported profits. Explore SPSC long-term investments to assets to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.82x
Operating CF / Net Income

Operating Cash Flow

$55.63 Million
USD

Net Income

$19.73 Million
USD

Data as of

Mar 2026
Most recent filing

SPS Commerce Inc Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for SPS Commerce Inc across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of SPS Commerce Inc to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for SPS Commerce Inc (2009–2025)

Year-by-year earnings quality comparison for SPS Commerce Inc. For live market cap and the full company financial profile, see SPS Commerce Inc market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.92x $178.79 Million $93.34 Million ▼ -6.2%
2024 2.04x $157.40 Million $77.05 Million ▲ +1.6%
2023 2.01x $132.30 Million $65.82 Million ▲ +10.8%
2022 1.81x $100.05 Million $55.13 Million ▼ -28.3%
2021 2.53x $112.89 Million $44.60 Million ▲ +30.3%
2020 1.94x $88.56 Million $45.59 Million ▼ -8.8%
2019 2.13x $71.79 Million $33.71 Million ▼ -7.6%
2018 2.30x $55.02 Million $23.87 Million ▼ -29.9%
2016 3.29x $18.77 Million $5.71 Million ▲ +5.7%
2015 3.11x $14.43 Million $4.64 Million ▼ -49.9%
2014 6.21x $16.79 Million $2.70 Million ▼ -64.2%
2013 17.36x $18.24 Million $1.05 Million ▲ +210.6%
2012 5.59x $6.83 Million $1.22 Million ▲ +1607.4%
2011 0.33x $4.49 Million $13.70 Million ▼ -80.8%
2010 1.71x $4.92 Million $2.88 Million ▼ -61.6%
2009 4.44x $5.16 Million $1.16 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.