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 filings document regulatory disclosures for a Nasdaq-listed provider of cloud-based supply chain management services. Recent Form 8-K reports disclose quarterly and annual operating results, recurring revenue trends, share repurchase activity, executive appointments and material agreements related to governance and shareholder engagement.
The company’s proxy materials and compensation-related 8-K filings describe board composition, committee assignments, director independence, executive compensation, performance stock unit terms and change-in-control vesting provisions. These filings also record shareholder voting matters and governance practices for SPS Commerce’s Supply Chain Management Solutions business and common stock capital structure.
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).
SPS Commerce has filed an amended Form 4/A to correct previously reported insider trading activity for Dan Juckniess, EVP and Chief Sales Officer. The amendment rectifies an error from the February 28, 2025 filing which incorrectly reported awards meant for a different reporting person.
Key transaction details:
- Transaction Date: February 18, 2025
- Securities Acquired: 11,627 Restricted Stock Units (RSUs)
- Acquisition Price: $0
- Vesting Schedule: 25% annually over four years
- Current Holdings: 31,802 shares (Direct ownership) and 348.8 shares (Indirect through 401(k) Plan)
This amended filing ensures accurate disclosure of Mr. Juckniess's beneficial ownership position in compliance with SEC regulations under Section 16(a) of the Securities Exchange Act of 1934.
SPS Commerce, Inc. (SPSC) – Form 4/A (Amendment)
Executive Vice President & Chief Technology Officer Jamie Thingelstad reported a grant of 9,233 restricted stock units (RSUs) on 18 Feb 2025. The RSUs carry an acquisition cost of $0 and vest 25 % annually on each anniversary of the grant date. Following the award, the executive's direct ownership stands at 36,926 common shares, with an additional 407.052 shares held indirectly through the company’s 401(k) plan.
This filing is an amendment to the Form 4/A submitted on 28 Feb 2025. The issuer states that the prior filing erroneously reflected awards granted to a different reporting person; today’s amendment corrects those share amounts and the related ownership totals.
No derivative securities were acquired or disposed of, and there is no cash transaction involved. The update is administrative in nature and does not reflect open-market buying or selling activity. Accordingly, the disclosure mainly clarifies insider equity compensation and has limited immediate market impact.