secwatch.observer — SEC 8-K summary
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Issuer:     SPS COMMERCE INC (SPSC)
CIK:        0001092699
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001092699-26-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPS Commerce Q4 revenue $192.7M (+13% YoY), CFO transition, buyback expanded
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- Q4 revenue $192.7M (+13% YoY); net income $25.8M ($0.68 diluted EPS); recurring revenue +14% YoY.
- FY25 revenue $751.5M (+18% YoY); net income $93.3M ($2.46 diluted EPS); non-GAAP EPS $4.27; adj. EBITDA $231.4M.
- Q1 2026 revenue guidance $191.6M-$193.6M (6-7% growth); FY26 revenue guidance $798.5M-$806.9M (6-7% growth).
- Joseph Del Preto appointed EVP & CFO effective March 16, 2026, succeeding Kimberly Nelson who is retiring.
- Board approved additional $200M share repurchase authority, total program now $300M, expiring Dec 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092699/000109269926000007/0001092699-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092699/000109269926000007/spsc-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001092699-26-000007

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