---
schema_version: "secwatch.filing_event.v1"
accession: "0001092699-25-000047"
form_type: "8-K"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T22:49:06.287392+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce Q2 revenue $187.4M (+22% YoY); recurring revenue up 24%

## Summary
- Q2 revenue $187.4M, up 22% YoY; recurring revenue grew 24%.
- GAAP diluted EPS $0.52 vs $0.48; non-GAAP diluted EPS $1.00 vs $0.80.
- Adjusted EBITDA $56.1M, up 27% YoY.
- Q3 revenue guidance $191.7-193.2M (17-18% growth); FY2025 revenue $759-763M (19-20%).
- Share repurchases totaled $20.0M in Q2.

## SEC filing metadata
- accession: 0001092699-25-000047
- form_type: 8-K
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000109269925000047/0001092699-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000109269925000047/spsc-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001092699-25-000047
- JSON: https://secwatch.observer/filing/0001092699-25-000047.json
- Plain text: https://secwatch.observer/filing/0001092699-25-000047.txt

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