SPS Commerce Inc Total Assets
SPS Commerce Inc total assets. Based on the latest financial reports, SPS Commerce Inc (SPSC) holds total assets worth $1.13 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see market value of SPS Commerce Inc for the company's overall valuation and market capitalisation.
Total Assets of SPS Commerce Inc (2007–2025)
Total assets of SPS Commerce Inc from 2007 to 2025. This chart illustrates how SPS Commerce Inc's total assets have evolved over time, based on quarterly financial data. See today's stock price for SPS Commerce Inc for real-time trading data and today's change.
SPS Commerce Inc - Asset Composition Analysis
SPS Commerce Inc Total Assets Breakdown (December 2025)
SPS Commerce Inc total assets breakdown as of December 2025. SPS Commerce Inc's total assets of $1.13 Billion consist of 28.7% current assets and 71.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.9% |
| Accounts Receivable | $68.17 Million | 5.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $215.81 Million | 18.5% |
| Goodwill | $541.72 Million | 46.3% |
Asset Composition Trend (2007–2025)
This chart illustrates how SPS Commerce Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore SPS Commerce Inc short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SPS Commerce Inc's current assets represent 28.7% of total assets in 2025, a decrease from 66.8% in 2007.
- Cash Position: Cash and equivalents constituted 12.9% of total assets in 2025, down from 23.5% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 64.0% of total assets, an increase from 10.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 46.3% of total assets.
SPS Commerce Inc Competitors by Total Assets
Key competitors of SPS Commerce Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shoper S.A.
WAR:SHO
|
Poland | zł141.73 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.82 Billion |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
China | CN¥3.14 Billion |
|
GuoChuang Software Co Ltd
SHE:300520
|
China | CN¥3.58 Billion |
|
Alkami Technology Inc
NASDAQ:ALKT
|
USA | $831.08 Million |
|
Nanjing Doron Technology Corp
SHG:603528
|
China | CN¥2.30 Billion |
|
Yalla Group Ltd
NYSE:YALA
|
USA | $869.46 Million |
SPS Commerce Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.26 | 1.82 | 3.62 |
| Quick Ratio | 2.26 | 1.82 | 3.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $184.13 Million | $121.41 Million | $248.33 Million |
SPS Commerce Inc - Advanced Valuation Insights
This section examines the relationship between SPS Commerce Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.96 |
| Latest Market Cap to Assets Ratio | 2.54 |
| Asset Growth Rate (YoY) | 13.4% |
| Total Assets | $1.17 Billion |
| Market Capitalization | $2.98 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values SPS Commerce Inc's assets at a significant premium (2.54x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: SPS Commerce Inc's assets grew by 13.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SPS Commerce Inc (2007–2025)
The table below shows the annual total assets of SPS Commerce Inc from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.17 Billion | +13.44% |
| 2024-12-31 | $1.03 Billion | +25.17% |
| 2023-12-31 | $823.84 Million | +22.43% |
| 2022-12-31 | $672.91 Million | +9.27% |
| 2021-12-31 | $615.85 Million | +16.98% |
| 2020-12-31 | $526.46 Million | +17.66% |
| 2019-12-31 | $447.44 Million | +15.88% |
| 2018-12-31 | $386.12 Million | +15.08% |
| 2017-12-31 | $335.52 Million | +12.45% |
| 2016-12-31 | $298.37 Million | +14.00% |
| 2015-12-31 | $261.73 Million | +7.37% |
| 2014-12-31 | $243.78 Million | +9.15% |
| 2013-12-31 | $223.33 Million | +40.28% |
| 2012-12-31 | $159.20 Million | +105.11% |
| 2011-12-31 | $77.62 Million | +34.10% |
| 2010-12-31 | $57.88 Million | +164.06% |
| 2009-12-31 | $21.92 Million | +14.18% |
| 2008-12-31 | $19.20 Million | -7.20% |
| 2007-12-31 | $20.69 Million | -- |
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