SPS Commerce Inc

NASDAQ:SPSC USA Software - Application
Market Cap
$2.24 Billion
Market Cap Rank
#4683 Global
#2895 in USA
Share Price
$59.45
Change (1 day)
-1.82%
52-Week Range
$54.14 - $152.67
All Time High
$215.42
About

SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. The company offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, manufacturers, distributors, and logistics firm; and manages omnichannel, supply chain, and other business requirements. It also provides Fulfillment, a comprehensive solut… Read more

Market Cap & Net Worth: SPS Commerce Inc (SPSC)

SPS Commerce Inc (NASDAQ:SPSC) has a market capitalization of $2.24 Billion ($2.24 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4683 globally and #2895 in its home market, demonstrating a -6.70% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying SPS Commerce Inc's stock price $59.45 by its total outstanding shares 37709094 (37.71 Million).

SPS Commerce Inc Market Cap History: 2015 to 2026

SPS Commerce Inc's market capitalization history from 2015 to 2026. Data shows growth from $1.32 Billion to $2.24 Billion (4.29% CAGR).

Index Memberships

SPS Commerce Inc is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$33.26 Trillion 0.01% #568 of 3165
S&P Small-Cap 600 Index
SML
$1.35 Trillion 0.43% #242 of 602

Weight: SPS Commerce Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

SPS Commerce Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how SPS Commerce Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

4.47x

SPS Commerce Inc's market cap is 4.47 times its annual revenue

Industry average:
1.98x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

36.01x

SPS Commerce Inc's market cap is 36.01 times its annual earnings

Industry average:
19.85x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $1.32 Billion $193.29 Million $5.71 Million 6.82x 230.78x
2017 $916.14 Million $220.57 Million -$2.44 Million 4.15x N/A
2018 $1.55 Billion $248.24 Million $23.87 Million 6.26x 65.07x
2019 $2.09 Billion $279.12 Million $33.71 Million 7.49x 61.99x
2020 $4.09 Billion $312.63 Million $45.59 Million 13.10x 89.83x
2021 $5.37 Billion $385.28 Million $44.60 Million 13.93x 120.36x
2022 $4.84 Billion $450.88 Million $55.13 Million 10.74x 87.84x
2023 $7.31 Billion $536.91 Million $65.82 Million 13.61x 111.05x
2024 $6.94 Billion $637.76 Million $77.05 Million 10.88x 90.04x
2025 $3.36 Billion $751.50 Million $93.34 Million 4.47x 36.01x

Competitor Companies of SPSC by Market Capitalization

Companies near SPS Commerce Inc in the global market cap rankings as of March 18, 2026.

Key companies related to SPS Commerce Inc by market ranking:

  • SAP SE (PINK:SAPGF): Ranked #61 globally with a market cap of $238.59 Billion USD.
  • Shopify Inc (NYSE:SHOP): Ranked #75 globally with a market cap of $196.50 Billion USD.
  • Salesforce.com Inc (NYSE:CRM): Ranked #86 globally with a market cap of $180.61 Billion USD.
  • Uber Technologies Inc (NYSE:UBER): Ranked #118 globally with a market cap of $150.35 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#61 SAP SE PINK:SAPGF $238.59 Billion $246.20
#75 Shopify Inc NYSE:SHOP $196.50 Billion $161.08
#86 Salesforce.com Inc NYSE:CRM $180.61 Billion $198.34
#118 Uber Technologies Inc NYSE:UBER $150.35 Billion $74.66

SPS Commerce Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, SPS Commerce Inc's market cap moved from $1.32 Billion to $ 2.24 Billion, with a yearly change of 4.29%.

Year Market Cap Change (%)
2026 $2.24 Billion -33.30%
2025 $3.36 Billion -51.56%
2024 $6.94 Billion -5.08%
2023 $7.31 Billion +50.93%
2022 $4.84 Billion -9.78%
2021 $5.37 Billion +31.09%
2020 $4.09 Billion +95.94%
2019 $2.09 Billion +34.55%
2018 $1.55 Billion +69.54%
2017 $916.14 Million -30.48%
2016 $1.32 Billion -0.46%
2015 $1.32 Billion --

End of Day Market Cap According to Different Sources

On Mar 17th, 2026 the market cap of SPS Commerce Inc was reported to be:

Source Market Cap
Yahoo Finance $2.24 Billion USD
MoneyControl $2.24 Billion USD
MarketWatch $2.24 Billion USD
marketcap.company $2.24 Billion USD
Reuters $2.24 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.