{"schema_version":"secwatch.filing_event.v1","accession":"0001092699-24-000045","form_type":"8-K","ticker":"SPSC","cik":"0001092699","company_name":"SPS COMMERCE INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.252022+00:00","generated_at":"2026-06-03T07:23:37.384892+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SPS Commerce Q1 revenue $149.6M (+19% YoY); EPS $0.48, non-GAAP $0.86","bullets":["Revenue $149.6M, recurring revenue +19% YoY; 93rd consecutive quarter of topline growth.","GAAP net income $18.0M ($0.48 diluted EPS) vs $15.3M ($0.41) in Q1 2023.","Non-GAAP EPS $0.86 vs $0.67; Adjusted EBITDA $44.4M, up 20% YoY.","Q2 2024 guidance: revenue $150.9-151.7M; non-GAAP EPS $0.75-0.76.","FY2024 guidance: revenue $619.9-621.9M (15-16% growth); non-GAAP EPS $3.28-3.32."],"urls":{"canonical":"https://secwatch.observer/filing/0001092699-24-000045","json":"https://secwatch.observer/filing/0001092699-24-000045.json","markdown":"https://secwatch.observer/filing/0001092699-24-000045.md","text":"https://secwatch.observer/filing/0001092699-24-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/0001092699-24-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/spsc-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:23:37.384892+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09a944042b32c2108fe39a5e4c254ccc4fadac35","claim":"SPS COMMERCE INC reported first quarter ended March 31, 2024 results: net income $18.0 million, EPS $0.48 per diluted share.","evidence_excerpt":"Revenue was $149.6 million in the first quarter of 2024, compared to $125.9 million in the first quarter of 2023, reflecting 19% growth.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/0001092699-24-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$18.0 million"},{"label":"EPS","value":"$0.48 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"09a944042b32c2108fe39a5e4c254ccc4fadac35","claim":"SPS COMMERCE INC reported first quarter ended March 31, 2024 results: net income $18.0 million, EPS $0.48 per diluted share.","evidence_excerpt":"Net income was $18.0 million or $0.48 per diluted share, compared to net income of $15.3 million or $0.41 per diluted share in the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/0001092699-24-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$18.0 million"},{"label":"EPS","value":"$0.48 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7ba72bc8f6fb37f63f12e6ac6f2155774a62fc0a","claim":"SPS COMMERCE INC reported fiscal year 2024 results: revenue $619.9 million to $621.9 million, EPS $1.99 to $2.02.","evidence_excerpt":"Revenue is expected to be in the range of $619.9 million to $621.9 million, representing 15% to 16% growth over 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/0001092699-24-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2024"},{"label":"Revenue","value":"$619.9 million to $621.9 million"},{"label":"EPS","value":"$1.99 to $2.02"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"9611fc5ab1ca5af9cb4cd16b8d15ad8004cdcc37","claim":"SPS COMMERCE INC reported second quarter 2024 results: revenue $150.9 million to $151.7 million, EPS $0.45 to $0.46.","evidence_excerpt":"Revenue is expected to be in the range of $150.9 million to $151.7 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/0001092699-24-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2024"},{"label":"Revenue","value":"$150.9 million to $151.7 million"},{"label":"EPS","value":"$0.45 to $0.46"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}