---
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"
generated_at: "2026-06-12T23:41:49.138087+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 $130.4M (+19% YoY); non-GAAP EPS $0.69

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004742
- JSON: https://secwatch.observer/filing/0001171843-23-004742.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004742.txt

## Key facts
- Earnings Releases
  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.
  - Period: Full Year 2023
  - Revenue: $528.5 million to $530.0 million
  - EPS: $1.60 to $1.63 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm
- Earnings Releases
  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.
  - Period: Third Quarter 2023
  - Revenue: $133.6 million to $134.4 million
  - EPS: $0.37 to $0.38 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm
- Earnings Releases
  SPS COMMERCE INC reported Second Quarter 2023 results: revenue $130.4 million, net income $14.7 million, EPS $0.39 per diluted share.
  - Period: Second Quarter 2023
  - Revenue: $130.4 million
  - Net income: $14.7 million
  - EPS: $0.39 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm

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