SPS Commerce (SPSC) Expected to Release Quarterly Earnings on Thursday

SPS Commerce (NASDAQ:SPSC) is expected to be releasing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect SPS Commerce to post earnings of $1.08 per share and revenue of $195.4560 million for the quarter. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. Interested persons may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:30 PM ET.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The firm had revenue of $192.12 million during the quarter, compared to analysts’ expectations of $192.50 million. During the same quarter in the prior year, the business earned $1.00 EPS. SPS Commerce’s quarterly revenue was up 5.8% compared to the same quarter last year. On average, analysts expect SPS Commerce to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

SPS Commerce Stock Up 7.3%

NASDAQ SPSC opened at $65.65 on Tuesday. The firm has a market cap of $2.41 billion, a P/E ratio of 27.35 and a beta of 0.56. SPS Commerce has a 52-week low of $49.04 and a 52-week high of $141.98. The business’s 50-day moving average price is $57.65 and its 200 day moving average price is $62.81.

Analyst Ratings Changes

SPSC has been the subject of a number of recent research reports. Morgan Stanley cut SPS Commerce from an “overweight” rating to an “underweight” rating and decreased their price objective for the stock from $70.00 to $57.00 in a research report on Tuesday, July 21st. Weiss Ratings lowered SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday. Citigroup restated a “buy” rating and set a $82.00 price target (up from $76.00) on shares of SPS Commerce in a research note on Tuesday, July 21st. Needham & Company LLC decreased their price target on SPS Commerce from $110.00 to $75.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $75.82.

Institutional Trading of SPS Commerce

Hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS Group AG boosted its holdings in SPS Commerce by 806.1% during the third quarter. UBS Group AG now owns 458,860 shares of the software maker’s stock worth $47,786,000 after buying an additional 408,221 shares in the last quarter. Disciplined Growth Investors Inc. MN increased its holdings in SPS Commerce by 86.4% in the third quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after buying an additional 367,346 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of SPS Commerce by 69.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 661,610 shares of the software maker’s stock valued at $58,969,000 after acquiring an additional 270,424 shares during the period. Federated Hermes Inc. lifted its position in shares of SPS Commerce by 38,429.2% during the 4th quarter. Federated Hermes Inc. now owns 245,046 shares of the software maker’s stock valued at $21,841,000 after acquiring an additional 244,410 shares during the period. Finally, Lazard Asset Management LLC boosted its stake in shares of SPS Commerce by 344.8% during the 3rd quarter. Lazard Asset Management LLC now owns 259,258 shares of the software maker’s stock worth $26,999,000 after acquiring an additional 200,978 shares in the last quarter. Institutional investors and hedge funds own 98.96% of the company’s stock.

SPS Commerce Company Profile

SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company’s platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.

The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.