---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-005034"
form_type: "8-K"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:00:18.316383+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce Q2 revenue $109.2M (+15% YoY), non-GAAP EPS $0.53; new $50M buyback

## Summary
- Revenue $109.2M, up 15% YoY; recurring revenue grew 16% to mark 86th consecutive quarter of topline growth.
- GAAP net income $10.8M ($0.29 diluted) vs $10.2M ($0.28) in Q2 2021.
- Non-GAAP diluted EPS $0.53 vs $0.46; Adjusted EBITDA $30.9M, up 13% from Q2 2021.
- Board authorized new $50M share repurchase program, effective Aug 26, 2022 through Jul 26, 2024.
- Q3 2022 guidance: revenue $113.4-$114.4M, non-GAAP EPS $0.51-$0.52; FY22 revenue $446.4-$448.4M, non-GAAP EPS $2.13-$2.15.

## SEC filing metadata
- accession: 0001171843-22-005034
- form_type: 8-K
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000117184322005034/0001171843-22-005034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000117184322005034/f8k_072722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-005034
- JSON: https://secwatch.observer/filing/0001171843-22-005034.json
- Plain text: https://secwatch.observer/filing/0001171843-22-005034.txt

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