---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-006836"
form_type: "8-K"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:30:01.269590+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce Q3 revenue $114.5M (+17% YoY); non-GAAP EPS $0.63 beats $0.47

## Summary
- Revenue $114.5M, up 17% YoY; recurring revenue +18%.
- GAAP net income $15.9M ($0.43 diluted) vs $11.4M ($0.31) a year ago.
- Non-GAAP diluted EPS $0.63 vs $0.47; Adjusted EBITDA $34.7M (+31% YoY).
- Q4 guidance: revenue $120-121M, non-GAAP EPS $0.52-0.53.
- Full-year 2022 guidance: revenue $448.9-449.9M, non-GAAP EPS $2.23-2.24.

## SEC filing metadata
- accession: 0001171843-22-006836
- form_type: 8-K
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000117184322006836/0001171843-22-006836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000117184322006836/f8k_102722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-006836
- JSON: https://secwatch.observer/filing/0001171843-22-006836.json
- Plain text: https://secwatch.observer/filing/0001171843-22-006836.txt

## Key facts
- Earnings Releases
  SPS COMMERCE INC reported Full Year 2022 results: revenue $448.9 million to $449.9 million, net income $1.35 to $1.36 per diluted share, EPS $1.35 to $1.36 per diluted share. Guidance reaffirmed.
  - Period: Full Year 2022
  - Revenue: $448.9 million to $449.9 million
  - Net income: $1.35 to $1.36 per diluted share
  - EPS: $1.35 to $1.36 per diluted share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Revenue is expected to be in the range of $448.9 million to $449.9 million, representing 17% growth over 2021. Net income per diluted share is expected to be in the range of $1.35 to $1.36, with fully diluted weighted average shares outstanding of 37.0 million shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184322006836/0001171843-22-006836-index.htm
- Earnings Releases
  SPS COMMERCE INC reported three and nine months ended September 30, 2022 results: revenue $114.5 million, net income $15.9 million or $0.43 per diluted share, EPS $0.43 per diluted share.
  - Period: three and nine months ended September 30, 2022
  - Revenue: $114.5 million
  - Net income: $15.9 million or $0.43 per diluted share
  - EPS: $0.43 per diluted share
  - Result: reported results
  source text: SPSC), a leader in retail cloud services, today announced financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights Revenue was $114.5 million in the third quarter of 2022, compared to $97.9 million in the third quarter of 2021, reflecting 17% growth. Recurring revenue grew 18% from the third quarter of 2021. Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184322006836/0001171843-22-006836-index.htm
- Earnings Releases
  SPS COMMERCE INC reported Fourth Quarter 2022 results: revenue $120.0 million to $121.0 million, net income $0.29 to $0.30 per diluted share, EPS $0.29 to $0.30 per diluted share. Guidance reaffirmed.
  - Period: Fourth Quarter 2022
  - Revenue: $120.0 million to $121.0 million
  - Net income: $0.29 to $0.30 per diluted share
  - EPS: $0.29 to $0.30 per diluted share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Revenue is expected to be in the range of $120.0 million to $121.0 million. Net income per diluted share is expected to be in the range of $0.29 to $0.30, with fully diluted weighted average shares outstanding of 37.2 million shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184322006836/0001171843-22-006836-index.htm

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