{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-000849","form_type":"8-K","ticker":"SPSC","cik":"0001092699","company_name":"SPS COMMERCE INC","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.841774+00:00","generated_at":"2026-06-19T19:12:13.131740+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SPS Commerce Q4 revenue $122M (+19% YoY); guides FY23 revenue $523-526M","bullets":["Q4 revenue $122.0M (+19% YoY); recurring revenue up 20%. Net income $15.9M ($0.43 diluted EPS) vs $12.8M ($0.34).","Non-GAAP diluted EPS $0.63 vs $0.46 in Q4 2021; adjusted EBITDA $35.0M (+26%).","FY2022 revenue $450.9M (+17%); net income $55.1M ($1.49 diluted EPS) vs $44.6M ($1.21).","Q1 2023 guidance: revenue $123.3-124.3M; non-GAAP EPS $0.56-0.57; adjusted EBITDA $35.0-35.7M.","FY2023 guidance: revenue $523-526M (16-17% growth); non-GAAP EPS $2.63-2.69; adj. EBITDA $152.5-154.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-000849","json":"https://secwatch.observer/filing/0001171843-23-000849.json","markdown":"https://secwatch.observer/filing/0001171843-23-000849.md","text":"https://secwatch.observer/filing/0001171843-23-000849.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/f8k_020923.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T19:12:13.131740+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7d3c7549d913799d6932ee4bc6dbfe74ff4492e5","claim":"SPS COMMERCE INC reported For the first quarter of 2023 results: revenue in the range of $123.3 million to $124.3 million, EPS in the range of $0.26 to $0.27.","evidence_excerpt":"Revenue is expected to be in the range of $123.3 million to $124.3 million. Net income per diluted share is expected to be in the range of $0.26 to $0.27, with fully diluted weighted average shares outstanding of 37.2 million shares.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the first quarter of 2023"},{"label":"Revenue","value":"in the range of $123.3 million to $124.3 million"},{"label":"EPS","value":"in the range of $0.26 to $0.27"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"c6c9b834a770ecb96794401869efcc145ad3f1e6","claim":"SPS COMMERCE INC reported For the fiscal year 2023 results: revenue in the range of $523.0 million to $526.0 million, EPS in the range of $1.49 to $1.55.","evidence_excerpt":"Revenue is expected to be in the range of $523.0 million to $526.0 million, representing 16% to 17% growth over 2022. Net income per diluted share is expected to be in the range of $1.49 to $1.55, with fully diluted weighted average shares outstanding of 37.3 million shares.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the fiscal year 2023"},{"label":"Revenue","value":"in the range of $523.0 million to $526.0 million"},{"label":"EPS","value":"in the range of $1.49 to $1.55"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"fe888d840b09346dbdcca6a3b9da857805b010cc","claim":"SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.","evidence_excerpt":"Revenue was $122.0 million in the fourth quarter of 2022, compared to $102.8 million in the fourth quarter of 2021, reflecting 19% growth.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the fourth quarter and fiscal year ended December 31, 2022"},{"label":"Net income","value":"$55.1 million or $1.49 per diluted share"},{"label":"EPS","value":"$1.49 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fe888d840b09346dbdcca6a3b9da857805b010cc","claim":"SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.","evidence_excerpt":"Net income was $15.9 million or $0.43 per diluted share, compared to net income of $12.8 million or $0.34 per diluted share in the fourth quarter of 2021, reflecting 25% growth in period over period net income.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the fourth quarter and fiscal year ended December 31, 2022"},{"label":"Net income","value":"$55.1 million or $1.49 per diluted share"},{"label":"EPS","value":"$1.49 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fe888d840b09346dbdcca6a3b9da857805b010cc","claim":"SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.","evidence_excerpt":"Revenue was $450.9 million for the year ended December 31, 2022, compared to $385.3 million for the year ended December 31, 2021, reflecting 17% growth.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the fourth quarter and fiscal year ended December 31, 2022"},{"label":"Net income","value":"$55.1 million or $1.49 per diluted share"},{"label":"EPS","value":"$1.49 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fe888d840b09346dbdcca6a3b9da857805b010cc","claim":"SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.","evidence_excerpt":"Net income was $55.1 million or $1.49 per diluted share for the year ended December 31, 2022, compared to net income of $44.6 million or $1.21 per diluted share, for the comparable period in 2021, reflecting 24% growth in year over year net income.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the fourth quarter and fiscal year ended December 31, 2022"},{"label":"Net income","value":"$55.1 million or $1.49 per diluted share"},{"label":"EPS","value":"$1.49 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}