---
schema_version: "secwatch.filing_event.v1"
accession: "0001092699-26-000042"
form_type: "8-K"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:32:27.689489+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce Q1 revenue $192.1M (+6%); non-GAAP EPS $1.10; guides Q2 $194.5-$196.5M

## Summary
- Revenue $192.1M, +6% YoY; recurring revenue +7%. Net income $19.7M ($0.53 diluted) vs $22.2M ($0.58) a year ago.
- Non-GAAP diluted EPS $1.10 vs $1.00; adjusted EBITDA $57.9M, +7% YoY.
- Share repurchases in Q1 totaled $47.1M.
- FY2026 revenue guidance $796M-$802M (6-7% growth); non-GAAP EPS $4.73-$4.76.
- Launched MAX, a new AI capability embedded into supply chain workflows, powered by proprietary network data.

## SEC filing metadata
- accession: 0001092699-26-000042
- form_type: 8-K
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000109269926000042/0001092699-26-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000109269926000042/spsc-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001092699-26-000042
- JSON: https://secwatch.observer/filing/0001092699-26-000042.json
- Plain text: https://secwatch.observer/filing/0001092699-26-000042.txt

## Source-grounded claims
- claim_id: e893b14cdf329d2912732b87b925a028515beb4b
  claim: SPS COMMERCE INC reported first quarter ended March 31, 2026 results: revenue $192.1 million, net income $19.7 million or $0.53 per diluted share, EPS $0.53 per diluted share. Guidance initiated.
  evidence_excerpt: supply chain network, today announced financial results for the first quarter ended March 31, 2026. Financial Highlights First Quarter 2026 Financial Highlights • Revenue was $192.1 million in the first quarter of 2026, compared to $181.5 million in the first quarter of 2025, reflecting 6% growth. • Recurring revenue grew 7% from the first quarter of 2025. • Net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1092699/000109269926000042/0001092699-26-000042-index.htm

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