NASDAQ$SPSC
SPS Commerce Inc. · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
SPS Commerce reported strong financial results for Q2 2021, achieving its 82nd consecutive quarter of topline growth.
SPS Commerce announced financial results for the second quarter ended June 30, 2021, with revenue reaching $94.5 million, a 25% increase compared to the second quarter of 2020. Net income for the quarter was $10.2 million, or $0.28 per diluted share. The company's recurring revenue grew 22% year-over-year.
- Revenue increased by 25% compared to Q2 2020.
- Recurring revenue grew by 22% compared to Q2 2020.
- Net income was $10.2 million, or $0.28 per diluted share.
- Non-GAAP net income per diluted share was $0.46.
Headline financials
Revenue & EPS history
SPS Commerce · Revenue · Quarterly
$94.5M
Forward guidance
The company provided guidance for the third quarter of 2021, expecting revenue in the range of $96.7 million to $97.5 million and net income per diluted share in the range of $0.21 to $0.23. For the full year of 2021, revenue is expected to be in the range of $380.6 million to $382.1 million, representing 22% growth over 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+1.1%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.8%
Avg return
30 days after
62%
40 / 65 earnings
Positive
+18.5%
Q2 2013
Best reaction
-21.7%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.5% | -0.4% | +1.1% | |
| Q4 2025 | -4.4% | -9.8% | -6.5% | |
| Q3 2025 | -20.3% | -21.8% | -19.8% | |
| Q1 2025 | -0.9% | +3.2% | +2.8% | |
| Q4 2024 | -13.8% | -17.5% | -30.5% | |
| Q3 2024 | -10.2% | -8.9% | -0.3% | |
| Q2 2024 | +1.8% | +1.1% | -3.4% | |
| Q1 2024 | +4.6% | +1.6% | +13.3% | |
| Q4 2023 | +15.6% | +5.8% | +1.1% | |
| Q3 2023 | -1.4% | +2.5% | +12.0% | |
| Q2 2023 | -0.3% | +0.1% | +2.6% | |
| Q1 2023 | +4.2% | +4.9% | +14.8% | |
| Q4 2022 | +6.0% | +9.7% | +3.0% | |
| Q3 2022 | +0.7% | -1.7% | +3.1% | |
| Q2 2022 | +4.9% | +10.8% | +10.3% | |
| Q1 2022 | +1.3% | +1.2% | -8.2% | |
| Q4 2021 | +3.4% | +2.9% | -1.8% | |
| Q3 2021 | -9.1% | -13.2% | -16.3% | |
| Q2 2021 | +9.7% | +12.6% | +35.3% | |
| Q1 2021 | +0.2% | -4.0% | -8.2% | |
| Q4 2020 | +1.4% | +1.7% | -1.6% | |
| Q3 2020 | -0.6% | +0.8% | +21.2% | |
| Q2 2020 | +1.4% | +1.7% | +9.1% | |
| Q1 2020 | -0.2% | +2.7% | +25.2% | |
| Q4 2019 | +3.6% | +4.5% | -22.6% | |
| Q3 2019 | +9.8% | +9.5% | +17.8% | |
| Q2 2019 | +9.8% | +9.7% | -3.9% | |
| Q1 2019 | +4.8% | +1.5% | -0.8% | |
| Q4 2018 | +15.4% | +18.0% | +16.3% | |
| Q3 2018 | +16.0% | +13.3% | +2.0% | |
| Q2 2018 | +10.9% | +11.0% | +25.8% | |
| Q1 2018 | +5.9% | +8.9% | +12.9% | |
| Q4 2017 | +9.6% | +6.2% | +24.4% | |
| Q3 2017 | -14.5% | -13.7% | -11.7% | |
| Q2 2017 | +0.2% | -0.8% | +1.0% | |
| Q1 2017 | -0.3% | +1.0% | +5.6% | |
| Q4 2016 | -19.3% | -14.0% | -19.2% | |
| Q3 2016 | -9.7% | -10.2% | -2.5% | |
| Q2 2016 | +3.9% | +3.0% | +7.5% | |
| Q1 2016 | +7.9% | — | — | |
| Q4 2015 | -21.7% | — | — | |
| Q3 2015 | +0.6% | — | — | |
| Q2 2015 | -1.6% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | +9.6% | — | — | |
| Q3 2014 | -0.6% | — | — | |
| Q2 2014 | -2.9% | — | — | |
| Q1 2014 | -7.2% | — | — | |
| Q4 2013 | +4.0% | — | — | |
| Q3 2013 | +5.3% | — | — | |
| Q2 2013 | +18.5% | — | — | |
| Q1 2013 | +11.4% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | -9.8% | — | — | |
| Q2 2012 | +11.6% | — | — | |
| Q1 2011 | -0.9% | — | — | |
| Q1 2012 | -2.9% | — | — | |
| Q4 2011 | +1.7% | — | — | |
| Q4 2009 | +1.7% | — | — | |
| Q3 2011 | +3.3% | — | — | |
| Q2 2010 | -2.0% | — | — | |
| Q2 2011 | -2.0% | — | — | |
| Q4 2010 | +0.8% | — | — | |
| Q3 2010 | +2.7% | — | — | |
| Q1 2010 | -0.3% | — | — |
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