SPS Commerce Inc (NASDAQ:SPSC) — Market Cap & Net Worth
Market Cap & Net Worth: SPS Commerce Inc (SPSC)
SPS Commerce Inc (NASDAQ:SPSC) has a market capitalization of $2.64 Billion ($2.64 Billion) as of September 17, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #5273 globally and #1761 in its home market, demonstrating a -1.21% 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 $82.00 by its total outstanding shares 36000174 (36.00 Million). Also see SPSC current and non-current assets for a full breakdown of the balance sheet.
SPS Commerce Inc Market Cap History: 2015 to 2026
SPS Commerce Inc's market capitalization history from 2015 to 2026. Data shows growth from $1.26 Billion to $2.95 Billion (7.20% CAGR). Also see cash flow conversion of SPS Commerce Inc for how efficiently the company converts equity into cash flow.
Index Memberships
SPS Commerce Inc is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$41.74 Trillion | 0.01% | #599 of 3165 |
|
S&P Small-Cap 600 Index
SML
|
$1.61 Trillion | 0.43% | #241 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. Check SPSC share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
4.27x
SPS Commerce Inc's market cap is 4.27 times its annual revenue
Latest Price to Earnings (P/E) Ratio
34.38x
SPS Commerce Inc's market cap is 34.38 times its annual earnings
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 | $1.26 Billion | $193.29 Million | $5.71 Million | 6.51x | 220.32x |
| 2017 | $874.62 Million | $220.57 Million | -$2.44 Million | 3.97x | N/A |
| 2018 | $1.48 Billion | $248.24 Million | $23.87 Million | 5.97x | 62.12x |
| 2019 | $2.00 Billion | $279.12 Million | $33.71 Million | 7.15x | 59.18x |
| 2020 | $3.91 Billion | $312.63 Million | $45.59 Million | 12.50x | 85.76x |
| 2021 | $5.12 Billion | $385.28 Million | $44.60 Million | 13.30x | 114.91x |
| 2022 | $4.62 Billion | $450.88 Million | $55.13 Million | 10.25x | 83.86x |
| 2023 | $6.98 Billion | $536.91 Million | $65.82 Million | 13.00x | 106.01x |
| 2024 | $6.62 Billion | $637.76 Million | $77.05 Million | 10.39x | 85.96x |
| 2025 | $3.21 Billion | $751.50 Million | $93.34 Million | 4.27x | 34.38x |
Competitor Companies of SPSC by Market Capitalization
Companies near SPS Commerce Inc in the global market cap rankings as of September 17, 2026. Review SPSC goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to SPS Commerce Inc by market ranking:
- Shopify Inc (NYSE:SHOP): Ranked #107 globally with a market cap of $196.94 Billion USD.
- SAP SE (F:SAPA): Ranked #132 globally with a market cap of $173.28 Billion USD ( €148.21 Billion EUR).
- SAP SE (F:SAP): Ranked #138 globally with a market cap of $168.70 Billion USD ( €144.30 Billion EUR).
- Shopify Inc (TO:SHOP): Ranked #154 globally with a market cap of $159.51 Billion USD ( CA$220.50 Billion CAD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #107 | Shopify Inc | NYSE:SHOP | $196.94 Billion | $161.08 |
| #132 | SAP SE | F:SAPA | $173.28 Billion | €185.50 |
| #138 | SAP SE | F:SAP | $168.70 Billion | €186.58 |
| #154 | Shopify Inc | TO:SHOP | $159.51 Billion | CA$180.80 |
SPS Commerce Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, SPS Commerce Inc's market cap moved from $1.26 Billion to $ 2.95 Billion, with a yearly change of 7.20%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $2.95 Billion | -8.01% |
| 2025 | $3.21 Billion | -51.56% |
| 2024 | $6.62 Billion | -5.08% |
| 2023 | $6.98 Billion | +50.93% |
| 2022 | $4.62 Billion | -9.78% |
| 2021 | $5.12 Billion | +31.09% |
| 2020 | $3.91 Billion | +95.94% |
| 2019 | $2.00 Billion | +34.55% |
| 2018 | $1.48 Billion | +69.54% |
| 2017 | $874.62 Million | -30.48% |
| 2016 | $1.26 Billion | -0.46% |
| 2015 | $1.26 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of SPS Commerce Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.64 Billion USD |
| MoneyControl | $2.64 Billion USD |
| MarketWatch | $2.64 Billion USD |
| marketcap.company | $2.64 Billion USD |
| Reuters | $2.64 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About SPS Commerce Inc
SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply ch… Read more