NASDAQ$SPSC

SPS Commerce Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

SPS Commerce reported strong Q4 2022 results, delivering the 88th consecutive quarter of topline growth.

SPS Commerce announced financial results for the fourth quarter and year ended December 31, 2022. The company delivered its 88th consecutive quarter of topline growth, with fourth-quarter revenue growing 19% and recurring revenue growing 20% from the fourth quarter of 2021.

  • SPS Commerce consistently executed on its mission to connect all retail trading partners.
  • The company remained laser-focused on improving customer experience.
  • Strategic investments helped build the world’s largest cloud retail network.
  • SPS Commerce is positioned for continued success.

Headline financials

Total Revenue

$122M

Previous: $103M+18.7%
EPS (adj)

$0.63

Previous: $0.46+37.0%
Capital Expenditures

$5.99M

Previous: $4.02M+48.9%
Free Cash Flow

$17.6M

Previous: $27.3M-35.6%
Net Income

$15.9M

Previous: $12.8M+24.3%
Operating Income

$19M

Previous: $15.4M+23.7%
Gross Profit

$80.5M

Previous: $67.1M+19.9%
Cash & Equivalents

$163M

Previous: $208M-21.5%
Total Assets

$673M

Previous: $616M+9.3%
Stock-Based Comp

$7.76M

Previous: $6.3M+23.2%

Revenue & EPS history

SPS Commerce · Revenue · Quarterly

$122M

Q4 2022+18.7%vs Q4 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

SPS Commerce · $20 total across 1 segment · Q4 2022

  • Recurring Revenue
    $20

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 Q4 2022

Historical avgQ4 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