Welcome to our dedicated page for Sps Commerce SEC filings (Ticker: SPSC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
SPS Commerce’s cloud EDI network touches nearly every corner of modern retail, so its SEC filings reveal far more than numbers on a page. Investors scan the annual report to track subscription revenue growth and the expanding roster of connected trading partners, while Form 4 filings signal how executives view the long-term value of this network-effect business.
Stock Titan’s AI reads each SPS Commerce annual report 10-K simplified, pulls out deferred-revenue trends, and flags R&D spend that fuels product innovation. When a SPS Commerce quarterly earnings report 10-Q filing drops, real-time summaries highlight customer-add momentum and margin shifts—saving you from combing through dozens of tables.
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SPS Commerce director Form 4 shows routine stock option activity. On 11/18/2025, the reporting person exercised a stock option for 5,732 shares of Common Stock at an exercise price of $51.8 per share, converting it into Common Stock. On the same date, 3,717 shares were disposed of in a transaction coded "F," typically used for tax withholding, at a price of $79.89 per share. After these transactions, the reporting person directly owned 22,177 shares of SPS Commerce common stock. The option exercised had previously been adjusted from 2,866 to 5,732 shares due to a two-for-one stock split effected as a 100 percent stock dividend announced on July 25, 2019, and is reported as fully vested.
SPS Commerce (SPSC) reported a director equity grant on Form 4. On 11/06/2025, the reporting person acquired 2,485 shares of Common Stock at $0 via restricted stock units. These RSUs vest in 36 monthly installments beginning on the first day of the month after the director’s initial appointment to the board, subject to continued board service on each vest date. Following the transaction, 2,485 shares were beneficially owned, held directly.
SPS Commerce (SPSC) executive Jamie Thingelstad (EVP, Chief Technology Officer) reported insider transactions on 11/04/2025. He exercised 8,118 stock options at $54.54 (code M) and had 6,621 shares withheld to cover taxes at $82.53 (code F). Following these transactions, he beneficially owns 35,467 shares directly and 438.1 shares indirectly via a 401(k) plan. The exercised option related to 8,118 underlying shares, was fully vested, and showed 0 derivative securities remaining after the transaction; the listed expiration date was 02/19/2026.
SPS Commerce (SPSC) reported Q3 results with revenue of $189.9 million, up 16% year over year, and net income of $25.6 million. Diluted EPS was $0.67. Recurring revenues were $182.0 million, or 96% of total, reflecting continued customer growth and contributions from recent acquisitions.
Gross profit reached $132.0 million (69% of revenue). Adjusted EBITDA was $60.5 million with a 32% margin, versus $48.4 million and 30% a year ago. Year to date, revenue was $558.9 million and net income was $67.5 million. Cash from operations was $132.9 million for the nine months, ending cash and cash equivalents were $133.7 million.
The company closed the Carbon6 acquisition on February 4, 2025 and previously acquired SupplyPike on July 31, 2024, adding customers and amortization expense. Q3 share repurchases totaled 259,645 shares for $30.0 million, with $10.0 million remaining under the 2024 program and a new $100.0 million authorization effective December 1, 2025. Shares outstanding were 37,709,094 as of October 23, 2025.
SPS Commerce announced a new share repurchase program authorizing up to $100.0 million of common stock. The program becomes effective December 1, 2025 and runs through December 1, 2027, with purchases permitted in the open market or privately negotiated transactions. The company expects to fund repurchases from existing cash and cash flows. Its current program will end on the earlier of July 26, 2026 or full utilization.
The Board appointed Eduardo Rosini as Executive Vice President & Chief Commercial Officer effective December 1, 2025. Daniel Juckniess, EVP & Chief Revenue Officer, gave notice of retirement; he will step down as an executive officer on the Transition Date and retire on December 31, 2025. The Compensation & Talent Committee waived age, service and notice conditions so his outstanding equity awards receive retirement treatment at his Retirement Date. The company also furnished a press release with results for the quarter and nine months ended September 30, 2025.
Mark Partin, identified as a director of SPS Commerce, Inc. (SPSC), filed an initial Form 3 reporting that he does not beneficially own any securities of the issuer. The Form lists an Exhibit 24 Power of Attorney and was executed by an attorney-in-fact on behalf of the reporting person. The Form 3 covers the ownership status as of 08/18/2025.
SPS Commerce, Inc. reported that on August 18, 2025 its Board increased in size from seven to eight members and appointed Mark Partin as a director effective that date. Mr. Partin will serve until the 2026 annual meeting and has been determined by the Board to qualify as an independent director under Nasdaq and SEC rules. The Board also appointed him to the Audit Committee.
Mr. Partin will be compensated under the company’s non-employee director program and will sign the company’s standard indemnification agreement. The filing states there are no arrangements, understandings, relationships, or related transactions involving Mr. Partin that must be reported under Regulation S-K Item 404(a).