NASDAQ$SPSC

SPS Commerce Inc. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

SPS Commerce reported its financial results for the third quarter ended September 30, 2022, achieving its 87th consecutive quarter of topline growth.

SPS Commerce reported revenue growth of 17% year-over-year and recurring revenue growth of 18% year-over-year in Q3 2022.

  • Automation is key to improving efficiency for suppliers and retailers.
  • SPS Commerce facilitates automation and enables integration with e-commerce platforms.
  • Increasing complexity in omnichannel retail will continue to fuel the need for automation.
  • SPS Commerce's solutions and growing network solidify its competitive position.

Headline financials

Total Revenue

$114M

Previous: $97.9M+17.0%
EPS (adj)

$0.63

Previous: $0.47+34.0%
Capital Expenditures

-$13.9M

Previous: -$15.6M+10.7%
Free Cash Flow

$1.97M

Previous: -$4.12M+147.8%
Net Income

$15.9M

Previous: $11.4M+38.6%
Operating Income

$19.7M

Previous: $13.5M+45.6%
Gross Profit

$75.9M

Previous: $63.5M+19.4%
Cash & Equivalents

$186M

Previous: $196M-4.9%
Total Assets

$637M

Previous: $591M+7.7%
Stock-Based Comp

$7.96M

Previous: $6.85M+16.2%

Revenue & EPS history

SPS Commerce · Revenue · Quarterly

$114M

Q3 2022+17%vs Q3 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

The press release includes forward-looking statements about SPS Commerce's future expectations, plans, and prospects, including views regarding future execution within the business, the opportunity in the retail supply chain world, and performance for the fourth quarter and full year of 2022.

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 2022

Historical avgQ3 2022

+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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro