SPS Commerce Inc (SPSC) — Net Asset Momentum
SPS Commerce Inc (SPSC) recorded a net asset momentum of 13.9% as of December 2025, with net assets of $973.89 Million USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See SPS Commerce Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
SPS Commerce Inc Net Asset Momentum (2007–2025)
This chart tracks SPS Commerce Inc's year-over-year net asset growth across 19 annual reporting periods from 2007 to 2025. The most recent momentum reading is +13.9%, with net assets of $973.89 Million USD as of December 2025. Read SPS Commerce Inc (SPSC) financial obligations for a breakdown of total debt and financial obligations.
Annual Net Asset History for SPS Commerce Inc (2007–2025)
The table below shows the complete annual net asset history for SPS Commerce Inc from 2007 to 2025, covering 19 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see how much is SPS Commerce Inc worth.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | $973.89 Million | $1.17 Billion | $195.97 Million | ▲ +13.9% |
| 2024 | $854.69 Million | $1.03 Billion | $176.54 Million | ▲ +28.0% |
| 2023 | $667.48 Million | $823.84 Million | $156.37 Million | ▲ +24.3% |
| 2022 | $537.07 Million | $672.91 Million | $135.84 Million | ▲ +10.9% |
| 2021 | $484.26 Million | $615.85 Million | $131.59 Million | ▲ +15.1% |
| 2020 | $420.72 Million | $526.46 Million | $105.74 Million | ▲ +18.6% |
| 2019 | $354.88 Million | $447.44 Million | $92.56 Million | ▲ +11.3% |
| 2018 | $318.97 Million | $386.12 Million | $67.15 Million | ▲ +15.2% |
| 2017 | $276.82 Million | $335.52 Million | $58.70 Million | ▲ +11.1% |
| 2016 | $249.27 Million | $298.37 Million | $49.10 Million | ▲ +12.2% |
| 2015 | $222.19 Million | $261.73 Million | $39.55 Million | ▲ +8.3% |
| 2014 | $205.09 Million | $243.78 Million | $38.68 Million | ▲ +6.4% |
| 2013 | $192.77 Million | $223.33 Million | $30.56 Million | ▲ +43.0% |
| 2012 | $134.82 Million | $159.20 Million | $24.38 Million | ▲ +126.4% |
| 2011 | $59.55 Million | $77.62 Million | $18.07 Million | ▲ +36.9% |
| 2010 | $43.51 Million | $57.88 Million | $14.37 Million | ▲ +172.0% |
| 2009 | $-60.47 Million | $21.92 Million | $82.39 Million | ▲ +2.2% |
| 2008 | $-61.84 Million | $19.20 Million | $81.04 Million | ▼ -2.9% |
| 2007 | $-60.11 Million | $20.69 Million | $80.80 Million | — |