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SPS Commerce Inc (SPSC) company profile

SPSCNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 16/3029% below fair value
$81.30−0.95 (-1.16%)

Close on Nov 13, 2026Market cap $2.88BP/E 36.1Yield –

About SPS Commerce

Services-Prepackaged Software, SIC 7372

SPS Commerce, Inc. provides cloud-based supply chain management solutions that connect trading partners across omnichannel retail environments. The company operates a shared network enabling retailers, grocers, distributors, suppliers, manufacturers, and logistics firms to exchange electronic order and inventory data. Its core product suite includes Fulfillment for automated order processing, Analytics for sell-through data reporting, Assortment for item data management, and Relationship Management for supplier onboarding and compliance. Additionally, it offers professional services and revenue recovery solutions for online marketplace sellers.

The company employs 2,948 people globally, with 78% of its workforce based in North America and additional personnel across Europe and the Asia-Pacific region. It conducts research and development across facilities in Minnesota, Arkansas, New Jersey, Australia, Canada, the Netherlands, Poland, and Ukraine, while running infrastructure through third-party data centers in North America, Europe, and Australia. The provided text does not state its headquarters location.

Summary of the business section of SPS Commerce's latest annual report, written by StockData.

Company profile

Company

Legal name
SPS Commerce Inc
Founded
1997
Headquarters
Minneapolis, MN
Address
333 South Seventh Street, Suite 1000 55402
Phone
(612) 435-9400
Employees
2,783, Dec 31, 2024
Industry
Services-Prepackaged Software
Fiscal year ends
December 31
Auditor
KPMG, LLP, Minneapolis, MN

Stock & identifiers

Ticker
SPSC
Exchange
Nasdaq
IPO date
Apr 22, 2010
Shares outstanding
35M, Oct 22, 2026
Public float
$5.20B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
2-for-1, Aug 23, 2019
SEC CIK
1092699
CUSIP
78463M107
ISIN
US78463M1071
FIGI
BBG000PZGB75
Share class FIGI
BBG001T65R07
LEI
2549006XVF9GCCETDQ72
EIN
41-2015127

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Chadwick CollinsChief Executive Officer, Director77,914
Jamie ThingelstadEVP, Chief Technology Officer96,298
Preto Joseph DelEXECUTIVE VP AND CFO141,707
Kimberly K. NelsonEVP & CFO148,528
Eduardo RosiniEVP, Chief Commercial Officer109,870
Dan JuckniessEVP, Chief Sales Officer32,151
Marty M. ReaumeDirector12,894
Philip SoranDirector25,913
Anne Sempowski WardDirector7,870
Fumbi F. ChimaDirector7,187
Michael J. McConnellDirector7,187
Mark PartinDirector6,221
Tami RellerDirector54,908
Razat GauravDirector5,046
Sven WehrweinDirector17,522

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$11.41M-$5.60M$5.40M$82$258
FY2024$14.41M$10.99M$4.59M$169$201
FY2023
Archie Black
$9.62M$26.71M$4.54M$179$147
FY2023
Chad Collins
$6.75M$7.97M$4.54M$179$147
FY2022$6.07M$4.50M$3.63M$118$89
FY2021$6.69M$14.05M$3.83M$131$138

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOtherTotalvs. prior year
Chad Collins
Chief Executive Officer
$609.66K–$10.79M$10.88K$11.41M-21%
Kimberly Nelson
Former Executive Vice President and Chief Financial Officer
$449.60K–$4.76M$11.21K$5.22M-4%
Eduardo Rosini
Executive Vice President and Chief Commercial Officer
$25.96K$1.00M$6.50M$60$7.53M–
Jamie Thingelstad
Executive Vice President and Chief Technology Officer
$400.00K–$2.79M$10.78K$3.20M-1%
Dan Juckniess
Former Executive Vice President and Chief Revenue Officer
$434.23K–$3.51M$1.72M$5.67M+38%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Apr 22, 2010
Offer price
$12.00
Securities offered
4,096,694
Gross proceeds
$49.16M
Exchange
Nasdaq
First trading day
Apr 22, 2010
First-day close
$13.60+13.3%
Lock-up ends (est.)
Oct 19, 2010

“The initial public offering price is $12.00 per share.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“As of December 31, 2024, we had a total of 2,783 employees worldwide, including 1,355 in cost of revenues, 733 in sales and marketing, 461 in research and development, and 234 in general and administrative.”

Corporate history

Events identified from SEC filings

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