SPS COMMERCE INCSPSC
Market cap
$3.2B
P/E ratio
| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Cash and cash equivalents | 32 | 66 | 131 | 131 | 122 | 116 | 123 | 134 | 179 | 150 | 208 | 163 | 219 | 241 |
| Short-term investments | - | - | - | - | - | - | 40 | 45 | 34 | 38 | 50 | 51 | 56 | - |
| Accounts receivable | - | - | - | - | - | - | - | - | - | 38 | 39 | 43 | 50 | 56 |
| Allowance for credit losses | - | - | - | - | - | - | - | - | - | 4 | 4 | 3 | 3 | 4 |
| Accounts receivable, net | 8 | 11 | 12 | 15 | 18 | 21 | 25 | 27 | 32 | 34 | 35 | 39 | 47 | 52 |
| Deferred costs | 6 | 7 | 9 | 12 | 15 | 19 | 25 | 35 | 35 | 38 | 45 | 53 | 62 | 65 |
| Other assets | - | - | - | 4 | 5 | 7 | 6 | 9 | 11 | 12 | 16 | 16 | 17 | 24 |
| Total current assets | 48 | 92 | 156 | 162 | 167 | 186 | 219 | 250 | 292 | 271 | 352 | 323 | 401 | 382 |
| Property and equipment, net | 3 | 8 | 10 | 11 | 14 | 15 | 17 | 21 | 24 | 26 | 32 | 35 | 36 | 38 |
| Operating lease right-of-use assets | - | - | - | - | - | - | - | - | 16 | 16 | 11 | 9 | 8 | 8 |
| Goodwill | 6 | 25 | 25 | 35 | 34 | 50 | 52 | 70 | 77 | 135 | 144 | 197 | 249 | 399 |
| Intangible assets, net | 6 | 20 | 17 | 19 | 15 | 20 | 17 | 23 | 23 | 60 | 59 | 88 | 107 | 181 |
| Deferred Costs, Noncurrent | 3 | 3 | 4 | 5 | 5 | 6 | 7 | 11 | 12 | 13 | 15 | 17 | 20 | 21 |
| Deferred income tax assets | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 1 | 1 |
| Other Assets, Noncurrent | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 1 | 2 |
| Total assets | 78 | 159 | 223 | 244 | 262 | 298 | 336 | 386 | 447 | 526 | 616 | 673 | 824 | 1,031 |
| Accounts payable | 1 | 2 | 2 | 4 | 2 | 2 | 4 | 4 | 4 | 5 | 8 | 11 | 7 | 9 |
| Accrued compensation | 5 | 6 | 8 | 10 | 11 | 14 | 16 | 20 | 22 | 23 | 32 | 30 | 42 | 47 |
| Accrued expenses | 1 | 1 | 3 | 2 | 2 | 4 | 5 | 5 | 6 | 11 | 8 | 7 | 8 | 12 |
| Deferred revenue | - | - | - | - | - | - | - | 25 | 31 | 38 | 50 | 57 | 69 | 74 |
| Operating lease liabilities | - | - | - | - | - | - | - | - | 4 | 3 | 4 | 4 | 4 | 5 |
| Total current liabilities | 11 | 14 | 19 | 25 | 24 | 32 | 43 | 57 | 68 | 80 | 103 | 111 | 131 | 147 |
| Deferred revenue, non-current | - | - | - | - | - | - | - | 3 | 3 | 3 | 5 | 5 | 7 | 6 |
| Operating Lease, Liability, Noncurrent | - | - | - | - | - | - | - | - | 20 | 20 | 16 | 13 | 10 | 8 |
| Deferred income tax liabilities | - | - | - | - | - | - | - | - | - | 3 | 7 | 7 | 9 | 16 |
| Other Liabilities, Noncurrent | - | - | - | - | - | - | - | 1 | 0 | - | - | - | 0 | 0 |
| Total liabilities | 18 | 24 | 31 | 39 | 40 | 49 | 59 | 67 | 93 | 106 | 132 | 136 | 156 | 177 |
| Common Stock, Value, Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock, at cost; 1,928,968 and 2,151,098 shares, respectively | - | - | - | - | - | - | - | 26 | 46 | 65 | 86 | 129 | 129 | 100 |
| Additional paid-in capital | 109 | 183 | 240 | 251 | 265 | 286 | 302 | 333 | 354 | 393 | 433 | 476 | 537 | 628 |
| Retained earnings | -49 | -48 | -47 | -44 | -39 | -34 | -20 | 15 | 49 | 93 | 138 | 193 | 259 | 336 |
| Accumulated other comprehensive gain (loss) | - | - | - | - | -4 | -3 | 1 | -3 | -2 | -1 | -1 | -3 | 0 | -10 |
| Total stockholders’ equity | 60 | 135 | 193 | 205 | 222 | 249 | 277 | 319 | 355 | 421 | 484 | 537 | 667 | 855 |
| Total liabilities and stockholders’ equity | 78 | 159 | 223 | 244 | 262 | 298 | 336 | 386 | 447 | 526 | 616 | 673 | 824 | 1,031 |