secwatch.observer — SEC 8-K summary
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Issuer:     SPS COMMERCE INC (SPSC)
CIK:        0001092699
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001092699-26-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092699/000109269926000042/0001092699-26-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092699/000109269926000042/spsc-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001092699-26-000042

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