---
schema_version: "secwatch.filing_event.v1"
accession: "0001092699-24-000058"
form_type: "8-K"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:10:14.951686+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce Q2 revenue $153.6M (+18% YoY); new $100M buyback authorized

## Summary
- Q2 revenue $153.6M (+18% YoY); net income $18.0M ($0.48 diluted EPS) vs $14.7M ($0.39) YoY.
- Non-GAAP EPS $0.80 vs $0.69; adjusted EBITDA $44.2M (+16% YoY).
- Recurring revenue grew 18% YoY; 94th consecutive quarter of topline growth.
- Board authorized $100M share repurchase program effective Aug 23, 2024 through Jul 24, 2026.
- FY2024 guidance: revenue $624.2-626.0M (16-17% growth); non-GAAP EPS $3.63-3.66.

## SEC filing metadata
- accession: 0001092699-24-000058
- form_type: 8-K
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000109269924000058/0001092699-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000109269924000058/spsc-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001092699-24-000058
- JSON: https://secwatch.observer/filing/0001092699-24-000058.json
- Plain text: https://secwatch.observer/filing/0001092699-24-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.