SPS Commerce Inc (SPSC) — Financial Flexibility Index

Latest as of March 2026: 0.32x

SPS Commerce Inc (SPSC) has a Financial Flexibility Index of 0.32x as of March 2026. Free cash flow of $62.77 Million (operating CF $55.63 Million minus capex $7.14 Million) represents 0% of total liabilities ($199.05 Million). Check SPS Commerce Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.32x
Free Cash Flow / Total Liabilities

Free Cash Flow

$62.77 Million
Operating CF − Capex

Total Liabilities

$199.05 Million
USD

Capital Expenditures

$7.14 Million
USD

SPS Commerce Inc Financial Flexibility Index (2007–2025)

Historical Financial Flexibility Index trend for SPS Commerce Inc across 19 annual periods. See SPS Commerce Inc (SPSC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for SPS Commerce Inc (2007–2025)

Year-by-year free cash flow to debt coverage for SPS Commerce Inc. For the full company profile including market capitalisation, see market value of SPS Commerce Inc.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 1.05x $205.31 Million $178.79 Million $195.97 Million ▲ +4.2%
2024 1.01x $177.44 Million $157.40 Million $176.54 Million ▲ +3.4%
2023 0.97x $152.06 Million $132.30 Million $156.37 Million ▲ +10.1%
2022 0.88x $119.93 Million $100.05 Million $135.84 Million ▼ -12.3%
2021 1.01x $132.48 Million $112.89 Million $131.59 Million ▲ +1.4%
2020 0.99x $105.03 Million $88.56 Million $105.74 Million ▲ +7.7%
2019 0.92x $85.38 Million $71.79 Million $92.56 Million ▼ -9.9%
2018 1.02x $68.77 Million $55.02 Million $67.15 Million ▲ +56.9%
2017 0.65x $38.32 Million $31.05 Million $58.70 Million ▲ +19.7%
2016 0.55x $26.77 Million $18.77 Million $49.10 Million ▼ -7.0%
2015 0.59x $23.19 Million $14.43 Million $39.55 Million ▼ -6.9%
2014 0.63x $24.37 Million $16.79 Million $38.68 Million ▼ -19.6%
2013 0.78x $23.94 Million $18.24 Million $30.56 Million ▲ +49.1%
2012 0.53x $12.81 Million $6.83 Million $24.38 Million ▲ +34.3%
2011 0.39x $7.07 Million $4.49 Million $18.07 Million ▼ -15.9%
2010 0.47x $6.69 Million $4.92 Million $14.37 Million ▲ +522.8%
2009 0.07x $6.16 Million $5.16 Million $82.39 Million ▲ +7766.9%
2008 0.00x $77.00K $-807.00K $81.04 Million ▼ -76.0%
2007 0.00x $320.00K $-803.00K $80.80 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities