Recent Updates — SPSC
SPS Commerce reported second quarter 2026 revenue of $197.8 million, a 6% increase from the prior year period, with Adjusted EBITDA rising 19% to $66.6 million. Net income was $6.9 million or $0.19 per diluted share, compared to $19.7 million in the previous year, reflecting a $23.5 million loss on the divestiture of its 3P Revenue Recovery business completed on June 30, 2026. The company provided updated full-year guidance, expecting revenue between $788.4 million and $793.4 million and Adjusted EBITDA between $264.6 million and $269.1 million. Share repurchases totaled $51.2 million in the quarter. SPS Commerce operates as a leading intelligent supply chain network, connecting trading partners to optimize supply chain operations with retail partners.