--- 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" generated_at: "2026-06-19T19:12:13.131740+00:00" event_type: "earnings" sentiment: "positive" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # SPS Commerce Q4 revenue $122M (+19% YoY); guides FY23 revenue $523-526M ## Summary - 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. ## SEC filing metadata - 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 - 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/1092699/000117184323000849/0001171843-23-000849-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/f8k_020923.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001171843-23-000849 - JSON: https://secwatch.observer/filing/0001171843-23-000849.json - Plain text: https://secwatch.observer/filing/0001171843-23-000849.txt ## Key facts - Earnings Releases 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. - Period: For the first quarter of 2023 - Revenue: in the range of $123.3 million to $124.3 million - EPS: in the range of $0.26 to $0.27 - Result: guidance update source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm - Earnings Releases 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. - Period: For the fiscal year 2023 - Revenue: in the range of $523.0 million to $526.0 million - EPS: in the range of $1.49 to $1.55 - Result: guidance update source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm - Earnings Releases 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. - Period: For the fourth quarter and fiscal year ended December 31, 2022 - Net income: $55.1 million or $1.49 per diluted share - EPS: $1.49 per diluted share - Result: reported results source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm - Earnings Releases 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. - Period: For the fourth quarter and fiscal year ended December 31, 2022 - Net income: $55.1 million or $1.49 per diluted share - EPS: $1.49 per diluted share - Result: reported results source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm - Earnings Releases 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. - Period: For the fourth quarter and fiscal year ended December 31, 2022 - Net income: $55.1 million or $1.49 per diluted share - EPS: $1.49 per diluted share - Result: reported results source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm - Earnings Releases 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. - Period: For the fourth quarter and fiscal year ended December 31, 2022 - Net income: $55.1 million or $1.49 per diluted share - EPS: $1.49 per diluted share - Result: reported results source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323000849/0001171843-23-000849-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.