NASDAQ$SPSC
SPS Commerce Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
SPS Commerce reported its financial results for the third quarter ended September 30, 2021, delivering 83rd consecutive quarter of topline growth.
SPS Commerce announced financial results for the third quarter ended September 30, 2021. Revenue was $97.9 million, a 23% increase from Q3 2020. Net income was $11.4 million, or $0.31 per diluted share. The company also announced a new stock repurchase program of up to $50.0 million.
- Revenue was $97.9 million in the third quarter of 2021, compared to $79.6 million in the third quarter of 2020, reflecting 23% growth.
- Recurring revenue grew 20% from the third quarter of 2020.
- Net income in the third quarter of 2021 was $11.4 million or $0.31 per diluted share.
- Non-GAAP net income per diluted share was $0.47 in the third quarter of 2021.
Headline financials
Revenue & EPS history
SPS Commerce · Revenue · Quarterly
$97.9M
Revenue by segment
SPS Commerce · $20 total across 1 segment · Q3 2023
- Recurring Revenue$20—100.0%
Forward guidance
Fourth quarter 2021 revenue is expected to be in the range of $99.9 million to $100.5 million. Fourth quarter net income per diluted share is expected to be in the range of $0.24 to $0.25. Non-GAAP net income per diluted share is expected to be in the range of $0.41 to $0.42. Adjusted EBITDA is expected to be in the range of $26.3 million to $26.8 million.
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 Q3 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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