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 SPS Commerce Inc (SPSC) cash conversion ratio to assess how effectively this company generates cash.

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 SPS Commerce Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 market cap of 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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.