---
schema_version: "secwatch.filing_event.v1"
accession: "0001092699-26-000063"
form_type: "8-K"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2026-07-30T20:08:43+00:00"
generated_at: "2026-07-30T20:10:08.557656+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 and Adjusted EBITDA beat guidance; divests 3P Revenue Recovery business

## Summary
- Revenue $197.8M (+6% YoY); recurring revenue up 6%; Adjusted EBITDA $66.6M (+19%).
- GAAP net income $6.9M ($0.19 diluted) vs $19.7M ($0.52) a year ago; non-GAAP income $46.4M ($1.27).
- Divested 3P Revenue Recovery business on June 30; reduces H2 2026 revenue by ~$10.5M, neutral to Adjusted EBITDA.
- FY2026 guidance: revenue $788.4-793.4M (5-6% growth); Adjusted EBITDA margin ~34% (+300 bps YoY).
- Share repurchases of $51.2M in Q2; CEO highlights AI agentic capabilities (MAX) launching to all Fulfillment customers.

## SEC filing metadata
- accession: 0001092699-26-000063
- form_type: 8-K
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2026-07-30T20:08:43+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/1092699/000109269926000063/0001092699-26-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000109269926000063/spsc-20260730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001092699-26-000063
- JSON: https://secwatch.observer/filing/0001092699-26-000063.json
- Plain text: https://secwatch.observer/filing/0001092699-26-000063.txt

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