{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-004742","form_type":"8-K","ticker":"SPSC","cik":"0001092699","company_name":"SPS COMMERCE INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.122938+00:00","generated_at":"2026-06-12T23:41:49.138087+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SPS Commerce Q2 revenue $130.4M (+19% YoY); non-GAAP EPS $0.69","bullets":["Revenue $130.4M (up 19% YoY); recurring revenue up 20% YoY.","Net income $14.7M ($0.39 diluted EPS) vs $10.8M ($0.29) in Q2 2022.","Non-GAAP diluted EPS $0.69, compared to $0.53; adjusted EBITDA $38.2M (+24%).","Q3 2023 guidance: revenue $133.6M-$134.4M; non-GAAP EPS $0.65-$0.67.","Full year 2023 guidance: revenue $528.5M-$530.0M (17%-18% growth); adj. EBITDA $155.8M-$156.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-004742","json":"https://secwatch.observer/filing/0001171843-23-004742.json","markdown":"https://secwatch.observer/filing/0001171843-23-004742.md","text":"https://secwatch.observer/filing/0001171843-23-004742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/f8k_072723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:41:49.138087+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":"1f75af77e9683b13f23083375f9144819656b819","claim":"SPS COMMERCE INC reported Full Year 2023 results: revenue $528.5 million to $530.0 million, EPS $1.60 to $1.63 per diluted share. Guidance initiated.","evidence_excerpt":"Revenue is expected to be in the range of $528.5 million to $530.0 million, representing 17% to 18% growth over 2022. Net income per diluted share is expected to be in the range of $1.60 to $1.63, with fully diluted weighted average shares outstanding of 37.4 million shares. Non-GAAP income per diluted share is expected to be in the range of $2.69 to $2.72.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2023"},{"label":"Revenue","value":"$528.5 million to $530.0 million"},{"label":"EPS","value":"$1.60 to $1.63 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"58f043d1b43678836a48ba8a819d17ac1f21926d","claim":"SPS COMMERCE INC reported Third Quarter 2023 results: revenue $133.6 million to $134.4 million, EPS $0.37 to $0.38 per diluted share. Guidance initiated.","evidence_excerpt":"Revenue is expected to be in the range of $133.6 million to $134.4 million. Net income per diluted share is expected to be in the range of $0.37 to $0.38, with fully diluted weighted average shares outstanding of 37.6 million shares. Non-GAAP income per diluted share is expected to be in the range of $0.65 to $0.67.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third Quarter 2023"},{"label":"Revenue","value":"$133.6 million to $134.4 million"},{"label":"EPS","value":"$0.37 to $0.38 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"66f75f849334fe936d6a9287d1a7f713111e9387","claim":"SPS COMMERCE INC reported Second Quarter 2023 results: revenue $130.4 million, net income $14.7 million, EPS $0.39 per diluted share.","evidence_excerpt":"Revenue was $130.4 million in the second quarter of 2023, compared to $109.2 million in the second quarter of 2022, reflecting 19% growth. Recurring revenue grew 20% from the second quarter of 2022. Net income was $14.7 million or $0.39 per diluted share, compared to net income of $10.8 million or $0.29 per diluted share in the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Second Quarter 2023"},{"label":"Revenue","value":"$130.4 million"},{"label":"Net income","value":"$14.7 million"},{"label":"EPS","value":"$0.39 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"}