Recent Updates — SPSC

SPS Commerce reported third-quarter 2026 revenue of $197.6 million, a 4% increase from the prior year period, driven by recurring revenue growth despite the divestiture of its 3P Revenue Recovery business. Net income rose to $30.7 million, or $0.85 per diluted share, compared to $25.6 million in the same quarter last year. Adjusted EBITDA increased 17% to $70.9 million. The company raised its full-year 2026 adjusted EBITDA guidance midpoint by approximately $3 million to reflect strong operating leverage and margin expansion. SPS Commerce operates an intelligent supply chain network connecting trading partners globally.

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.