secwatch.observer — SEC 8-K summary
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Issuer:     SPS COMMERCE INC (SPSC)
CIK:        0001092699
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001092699-25-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092699/000109269925000047/0001092699-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092699/000109269925000047/spsc-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001092699-25-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer