SPS Commerce Inc (SPSC) — Free Cash Flow Generation Index

Latest as of March 2026: 0.87x

SPS Commerce Inc (SPSC) has a Free Cash Flow Generation Index of 0.87x as of March 2026. Free cash flow of $48.49 Million represents 1% of operating cash flow ($55.63 Million). Read SPS Commerce Inc debt and liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.87x
Free Cash Flow / Operating CF

Free Cash Flow

$48.49 Million
USD

Operating Cash Flow

$55.63 Million
USD

Capital Expenditures

$7.14 Million
USD

SPS Commerce Inc Free Cash Flow Generation Index (2009–2025)

Historical FCF Generation Index trend for SPS Commerce Inc across 17 annual periods. Explore SPS Commerce Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for SPS Commerce Inc (2009–2025)

Year-by-year Free Cash Flow Generation Index for SPS Commerce Inc. For the full company profile including market capitalisation, see SPS Commerce Inc (SPSC) market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.85x $152.27 Million $178.79 Million $26.52 Million ▼ -2.4%
2024 0.87x $137.35 Million $157.40 Million $20.05 Million ▲ +2.6%
2023 0.85x $112.54 Million $132.30 Million $19.76 Million ▲ +6.2%
2022 0.80x $80.17 Million $100.05 Million $19.88 Million ▼ -3.0%
2021 0.83x $93.31 Million $112.89 Million $19.59 Million ▲ +1.5%
2020 0.81x $72.09 Million $88.56 Million $16.47 Million ▲ +0.4%
2019 0.81x $58.21 Million $71.79 Million $13.59 Million ▲ +8.1%
2018 0.75x $41.27 Million $55.02 Million $13.75 Million ▼ -2.1%
2017 0.77x $23.78 Million $31.05 Million $7.27 Million ▲ +33.6%
2016 0.57x $10.76 Million $18.77 Million $8.01 Million ▲ +45.8%
2015 0.39x $5.67 Million $14.43 Million $8.76 Million ▼ -28.3%
2014 0.55x $9.21 Million $16.79 Million $7.58 Million ▼ -20.2%
2013 0.69x $12.54 Million $18.24 Million $5.70 Million ▲ +455.0%
2012 0.12x $846.00K $6.83 Million $5.98 Million ▼ -70.8%
2011 0.42x $1.90 Million $4.49 Million $2.58 Million ▼ -33.7%
2010 0.64x $3.15 Million $4.92 Million $1.77 Million ▼ -20.6%
2009 0.81x $4.16 Million $5.16 Million $1.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).