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

$1.94 Billion USD  · Rank #6170

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

SPS Commerce Inc (NASDAQ:SPSC) has a market capitalization of $1.94 Billion ($1.94 Billion) as of August 3, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #6170 globally and #1957 in its home market, demonstrating a 24.43% increase 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 $73.39 by its total outstanding shares 36712702 (36.71 Million). See capital reinvestment ratio of SPS Commerce Inc to understand how much of operating cash flow is reinvested back into capital assets.

SPS Commerce Inc Market Cap History: 2015 to 2026

SPS Commerce Inc's market capitalization history from 2015 to 2026. Data shows growth from $1.29 Billion to $2.69 Billion (6.20% 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
$40.26 Trillion 0.00% #695 of 3165
S&P Small-Cap 600 Index
SML
$1.60 Trillion 0.43% #321 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

4.35x

SPS Commerce Inc's market cap is 4.35 times its annual revenue

Industry average: 3.43x Higher than industry average

Latest Price to Earnings (P/E) Ratio

35.06x

SPS Commerce Inc's market cap is 35.06 times its annual earnings

Industry average: 17.18x 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 $1.28 Billion $193.29 Million $5.71 Million 6.64x 224.68x
2017 $891.94 Million $220.57 Million -$2.44 Million 4.04x N/A
2018 $1.51 Billion $248.24 Million $23.87 Million 6.09x 63.35x
2019 $2.03 Billion $279.12 Million $33.71 Million 7.29x 60.35x
2020 $3.99 Billion $312.63 Million $45.59 Million 12.75x 87.45x
2021 $5.23 Billion $385.28 Million $44.60 Million 13.56x 117.18x
2022 $4.72 Billion $450.88 Million $55.13 Million 10.46x 85.52x
2023 $7.12 Billion $536.91 Million $65.82 Million 13.25x 108.11x
2024 $6.75 Billion $637.76 Million $77.05 Million 10.59x 87.66x
2025 $3.27 Billion $751.50 Million $93.34 Million 4.35x 35.06x

Competitor Companies of SPSC by Market Capitalization

Companies near SPS Commerce Inc in the global market cap rankings as of August 3, 2026.

Key companies related to SPS Commerce Inc by market ranking:

  • Shopify Inc (NYSE:SHOP): Ranked #101 globally with a market cap of $196.94 Billion USD.
  • SAP SE (F:SAPA): Ranked #128 globally with a market cap of $173.28 Billion USD ( €148.21 Billion EUR).
  • SAP SE (F:SAP): Ranked #133 globally with a market cap of $168.70 Billion USD ( €144.30 Billion EUR).
  • Shopify Inc (TO:SHOP): Ranked #161 globally with a market cap of $144.84 Billion USD ( CA$200.23 Billion CAD).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#101 Shopify Inc NYSE:SHOP $196.94 Billion $161.08
#128 SAP SE F:SAPA $173.28 Billion €160.00
#133 SAP SE F:SAP $168.70 Billion €159.20
#161 Shopify Inc TO:SHOP $144.84 Billion CA$164.18

SPS Commerce Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, SPS Commerce Inc's market cap moved from $1.29 Billion to $ 2.69 Billion, with a yearly change of 6.20%.

Year Market Cap Change (%)
2026 $2.69 Billion -17.66%
2025 $3.27 Billion -51.56%
2024 $6.75 Billion -5.08%
2023 $7.12 Billion +50.93%
2022 $4.72 Billion -9.78%
2021 $5.23 Billion +31.09%
2020 $3.99 Billion +95.94%
2019 $2.03 Billion +34.55%
2018 $1.51 Billion +69.54%
2017 $891.94 Million -30.48%
2016 $1.28 Billion -0.46%
2015 $1.29 Billion --

End of Day Market Cap According to Different Sources

On Aug 2nd, 2026 the market cap of SPS Commerce Inc was reported to be:

Source Market Cap
Yahoo Finance $1.94 Billion USD
MoneyControl $1.94 Billion USD
MarketWatch $1.94 Billion USD
marketcap.company $1.94 Billion USD
Reuters $1.94 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

NASDAQ:SPSC USA Software - Application
Market Cap
$2.69 Billion
Market Cap Rank
#6170 Global
#1957 in USA
Share Price
$73.39
Change (1 day)
+11.48%
52-Week Range
$49.91 - $115.82
All Time High
$215.42
About

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