SPS Commerce Inc (SPSC) — Cash Flow Quality Index
SPS Commerce Inc (SPSC) has a Cash Flow Quality Index of 9.62x as of June 2026. Operating cash flow of $66.03 Million exceeds net income of $6.86 Million, indicating high earnings quality where cash backs reported profits. Explore SPS Commerce Inc (SPSC) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see SPS Commerce Inc (SPSC) cash conversion ratio.
Annual Cash Flow Quality Index for SPS Commerce Inc (2009–2025)
Year-by-year earnings quality comparison for SPS Commerce Inc.
| 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 | — |