SPS Commerce Inc (SPSC) stock
SPSCNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 17/3028% below fair value
$82.25−0.60 (-0.72%)
Close on Nov 12, 2026Market cap $2.92BP/E 36.6Yield –
SPS Commerce r&d expenses
Research and development expenses are spending on new products and technology.
SPS Commerce's R&D Expenses for the twelve months ending Sep 30, 2026 was $68.11M, down 1.5% year over year. For fiscal 2025 it was $68.68M, up 9.3% from the year before. Over ten years it grew 14.4% a year on average. The highest annual figure on record is $68.68M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $68.68M | +9.3% |
| FY2024 | Dec 31, 2024 | $62.81M | +17.1% |
| FY2023 | Dec 31, 2023 | $53.65M | +17.3% |
| FY2022 | Dec 31, 2022 | $45.75M | +17.2% |
| FY2021 | Dec 31, 2021 | $39.04M | +25.8% |
| FY2020 | Dec 31, 2020 | $31.02M | +9.6% |
| FY2019 | Dec 31, 2019 | $28.31M | +28.2% |
| FY2018 | Dec 31, 2018 | $22.09M | -4.7% |
| FY2017 | Dec 31, 2017 | $23.18M | +5.5% |
| FY2016 | Dec 31, 2016 | $21.98M | +22.4% |
| FY2015 | Dec 31, 2015 | $17.95M | +33.1% |
| FY2014 | Dec 31, 2014 | $13.49M | +24.1% |
| FY2013 | Dec 31, 2013 | $10.87M | +33.1% |
| FY2012 | Dec 31, 2012 | $8.17M | +39.9% |
| FY2011 | Dec 31, 2011 | $5.84M | +34.2% |
| FY2010 | Dec 31, 2010 | $4.35M | +1.0% |
| FY2009 | Dec 31, 2009 | $4.31M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $16.55M | -4.2% |
| Q2 FY2026 | Jun 30, 2026 | $16.96M | -1.8% |
| Q1 FY2026 | Mar 31, 2026 | $17.92M | +2.7% |
| Q4 FY2025 | Dec 31, 2025 | $16.69M | -2.6% |
| Q3 FY2025 | Sep 30, 2025 | $17.28M | +13.0% |
| Q2 FY2025 | Jun 30, 2025 | $17.27M | +20.2% |
| Q1 FY2025 | Mar 31, 2025 | $17.44M | +8.9% |
| Q4 FY2024 | Dec 31, 2024 | $17.14M | +20.6% |
| Q3 FY2024 | Sep 30, 2024 | $15.29M | +12.8% |
| Q2 FY2024 | Jun 30, 2024 | $14.37M | +7.9% |
| Q1 FY2024 | Mar 31, 2024 | $16.01M | +27.4% |
| Q4 FY2023 | Dec 31, 2023 | $14.22M | +13.9% |
| Q3 FY2023 | Sep 30, 2023 | $13.56M | +21.8% |
| Q2 FY2023 | Jun 30, 2023 | $13.32M | +16.5% |
| Q1 FY2023 | Mar 31, 2023 | $12.56M | +17.4% |
| Q4 FY2022 | Dec 31, 2022 | $12.48M | +18.0% |
| Q3 FY2022 | Sep 30, 2022 | $11.14M | +2.6% |
| Q2 FY2022 | Jun 30, 2022 | $11.43M | +28.5% |
| Q1 FY2022 | Mar 31, 2022 | $10.70M | +22.9% |
| Q4 FY2021 | Dec 31, 2021 | $10.58M | +33.3% |
| Q3 FY2021 | Sep 30, 2021 | $10.85M | +34.8% |
| Q2 FY2021 | Jun 30, 2021 | $8.90M | +19.2% |
| Q1 FY2021 | Mar 31, 2021 | $8.71M | +15.0% |
| Q4 FY2020 | Dec 31, 2020 | $7.94M | +1.0% |
| Q3 FY2020 | Sep 30, 2020 | $8.05M | +4.0% |
| Q2 FY2020 | Jun 30, 2020 | $7.47M | +14.7% |
| Q1 FY2020 | Mar 31, 2020 | $7.57M | +22.2% |
| Q4 FY2019 | Dec 31, 2019 | $7.86M | +20.6% |
| Q3 FY2019 | Sep 30, 2019 | $7.74M | +50.5% |
| Q2 FY2019 | Jun 30, 2019 | $6.51M | +23.0% |
| Q1 FY2019 | Mar 31, 2019 | $6.19M | +20.7% |
| Q4 FY2018 | Dec 31, 2018 | $6.52M | +5.8% |
| Q3 FY2018 | Sep 30, 2018 | $5.15M | -21.4% |
| Q2 FY2018 | Jun 30, 2018 | $5.29M | -1.4% |
| Q1 FY2018 | Mar 31, 2018 | $5.13M | +0.5% |
| Q4 FY2017 | Dec 31, 2017 | $6.16M | +6.3% |
| Q3 FY2017 | Sep 30, 2017 | $6.55M | – |
| Q2 FY2017 | Jun 30, 2017 | $5.37M | – |
| Q1 FY2017 | Mar 31, 2017 | $5.11M | – |
| Q4 FY2016 | Dec 31, 2016 | $5.80M | – |
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