Highest-materiality recent filing
SPS Commerce stockholders elect 9 directors, ratify KPMG, approve say-on-pay
All nine director nominees elected; Michael McConnell had 24.6M for vs. 6.7M against.
SPS Commerce CFO Kimberly Nelson to retire June 1, 2026; equity awards treated as retirement
Retirement date set to June 1, 2026, following prior six-month notice given in February 2026.
SPS Commerce Q1 revenue $192.1M (+6%); non-GAAP EPS $1.10; guides Q2 $194.5-$196.5M
Revenue $192.1M, +6% YoY; recurring revenue +7%. Net income $19.7M ($0.53 diluted) vs $22.2M ($0.58) a year ago.
SPS Commerce amends PSU awards to double-trigger vesting upon change in control
Committee amended 2024 PSUs from single-trigger to double-trigger vesting on change in control, aligning with 2025/2026 awards.
SPS Commerce Q4 revenue $192.7M (+13% YoY), CFO transition, buyback expanded
Q4 revenue $192.7M (+13% YoY); net income $25.8M ($0.68 diluted EPS); recurring revenue +14% YoY.
SPS Commerce appoints two independent directors, boosts buyback to $300M after pact with Anson
Michael McConnell and Fumbi Chima appointed as independent directors, effective immediately.
SPS Commerce Q3 revenue up 16% to $189.9M, appoints new CCO, authorizes $100M buyback
Revenue $189.9M (+16% YoY); recurring revenue +18%; net income $25.6M vs $23.5M.
SPS Commerce appoints Mark Partin to Board of Directors, increases board size to eight
Board expanded from 7 to 8 directors; Mark Partin appointed effective August 18, 2025.
SPS Commerce Q2 revenue $187.4M (+22% YoY); recurring revenue up 24%
Q2 revenue $187.4M, up 22% YoY; recurring revenue grew 24%.
SPS Commerce stockholders elect all 7 director nominees, ratify KPMG at 2025 annual meeting
All seven director nominees elected with at least 32.0M votes for; Sven Wehrwein and Anne Sempowski Ward received lowest support (~32.1M).
SPS Commerce Q1 revenue $181.5M (+21% YoY); non-GAAP EPS $1.00 beats $0.86
Revenue $181.5M (+21% YoY); recurring revenue +23%. GAAP net income $22.2M ($0.58 diluted EPS).
Board expands to 8, appoints Razat Gaurav; director Ramsey to retire at 2025 meeting
Board increased from seven to eight members; Razat Gaurav appointed independent director effective March 6, 2025.
SPS Commerce Q4 revenue $170.9M (+18% YoY); FY2025 guidance 19-20% growth
Q4 2024 revenue $170.9M (+18% YoY); recurring revenue +19% YoY.
SPS Commerce closes $210M acquisition of Carbon6 Technologies; issues 378,100 shares
Total purchase price ~$210M in cash and stock; 378,100 SPSC shares issued as partial payment.
SPS Commerce acquires Carbon6 Technologies for ~$210M in cash and stock
Total consideration approximately $210 million, subject to customary purchase price adjustments.
SPS Commerce Q3 revenue $163.7M (+21% YoY); non-GAAP EPS $0.92 vs $0.75
Revenue $163.7M, up 21% YoY; recurring revenue also +21%.
SPS Commerce acquires SupplyPike for $206M; adds $25M revenue in FY2025
Acquisition consideration: ~$206M ($119M cash net of cash acquired + $87M in SPSC stock).
Q2 revenue $153.6M (+18% YoY); net income $18.0M ($0.48 EPS); non-GAAP EPS $0.80 vs $0.69.
SPS Commerce Q2 revenue $153.6M (+18% YoY); new $100M buyback authorized
Q2 revenue $153.6M (+18% YoY); net income $18.0M ($0.48 diluted EPS) vs $14.7M ($0.39) YoY.
CFO Kimberly Nelson designated as participant in Executive Management Team Severance Plan; prior severance agreement terminated.
SPS Commerce Q1 revenue $149.6M (+19% YoY); EPS $0.48, non-GAAP $0.86
Revenue $149.6M, recurring revenue +19% YoY; 93rd consecutive quarter of topline growth.
SPS Commerce Executive Chair Archie Black to retire at May 16, 2024 annual meeting
Archie Black will not stand for re-election and his director term ends May 16, 2024.
SPS Commerce Q4 revenue $145M (+19% YoY); guides FY2024 revenue $616.5-619M
Q4 revenue $145.0M (+19% YoY); recurring revenue also up 19%.
SPS Commerce Q3 revenue $135.7M (+18% YoY); CEO transition to Chad Collins
Revenue $135.7M, +18% YoY; recurring revenue grew 20% to $122.5M.
SPS Commerce Q2 revenue $130.4M (+19% YoY); non-GAAP EPS $0.69
Revenue $130.4M (up 19% YoY); recurring revenue up 20% YoY.
Chad Collins appointed CEO effective Oct 2, 2023; Archie Black transitions to Executive Chair.
All seven director nominees elected; Archie Black received 32.5M votes for, 1.5M against.
SPS Commerce Q1 revenue $125.9M (+20% YoY); EPS $0.41 vs $0.34 YoY
Recurring revenue grew 20% YoY; net income $15.3M ($0.41 diluted) vs $12.6M ($0.34) YoY.
SPS Commerce CEO Archie Black to retire, transition to Executive Chair upon successor appointment
CEO Archie Black to retire; will become Executive Chair upon appointment of successor.
SPS Commerce Q4 revenue $122M (+19% YoY); guides FY23 revenue $523-526M
Q4 revenue $122.0M (+19% YoY); recurring revenue up 20%. Net income $15.9M ($0.43 diluted EPS) vs $12.8M ($0.34).
SPS Commerce files revised equity award forms under 2010 Plan
Updated Non-Statutory Stock Option, RSU, and Performance Stock Unit forms filed as Exhibits 10.1–10.3.
SPS Commerce Q3 revenue $114.5M (+17% YoY); non-GAAP EPS $0.63 beats $0.47
Revenue $114.5M, up 17% YoY; recurring revenue +18%.
SPS Commerce Q2 revenue $109.2M (+15% YoY), non-GAAP EPS $0.53; new $50M buyback
Revenue $109.2M, up 15% YoY; recurring revenue grew 16% to mark 86th consecutive quarter of topline growth.
SPS Commerce shareholders elect all director nominees and ratify auditor at annual meeting
All six director nominees elected with >32M votes for each; broker non-votes of 1,028,864.
SPS Commerce Q1 revenue $105.2M (+17% YoY); non-GAAP EPS $0.55
Revenue $105.2M, up 17% YoY; recurring revenue up 18% YoY.
SPS Commerce Q4 revenue $102.8M (+23% YoY); guides FY22 revenue $442.5-445.5M
Q4 2021 revenue $102.8M, up 23% from $83.3M; recurring revenue grew 21% YoY.
SPS Commerce appoints James Frome as President and COO; CEO Black steps down from President role
James J. Frome appointed President and COO effective Jan 6, 2022; previously EVP and COO since Aug 2012.
SPS Commerce Q3 revenue up 23% to $97.9M; announces $50M stock repurchase program
Revenue $97.9M, up 23% YoY; recurring revenue grew 20%.
SPS Commerce Q2 revenue $94.5M (+25% YoY); adj. EBITDA up 34%
Revenue $94.5M vs $75.6M in Q2 2020; recurring revenue grew 22% YoY.
it was determined that Ms. Nelson’s effective retirement date would be June 1, 2026
appointed Razat Gaurav as a director, effective March 6, 2025
James Ramsey, an independent member of the Board, advised the Company that he will not stand for re-election to the Board at the Company's 2025 annual meeting of stockholders and intends to retire from the Board at that time.
On February 29, 2024, SPS Commerce, Inc. (the “Company”) announced that Archie Black, the Executive Chair of the Board of Directors of the Company, will not stand for re-election as a director of the Company at the Company’s 2024 annual meeting of stockholders to be held on May 16, 2024.
Mr. Collins has also been appointed as a director of the Company, effective as of the Effective Date.
Mr. Black will become the Executive Chair of the Board
the Board of Directors of the Company has appointed Chad Collins as the Company's Chief Executive Officer, effective October 2, 2023
Philip Soran, the current Chair of the Board, will become the lead independent director of the Board
The Board of Directors of the Company has approved the appointment of Philip Soran, the current Chair of the Board, to the position of lead independent director of the Board, effective as of the date Archie Black assumes the role of Executive Chair.
On March 2, 2023, SPS Commerce, Inc. (the “Company”) announced that its Chief Executive Officer, Archie Black, will retire from his position as Chief Executive Officer and transition to the newly created position of Executive Chair of the Board, effective upon his successor’s appointment as the Company’s Chief Executive Officer.
Archie C. Black, 59, will remain as our Chief Executive Officer but no longer serves as our President.
James J. Frome, 57, was appointed as our President and Chief Operating Officer effective as of January 6, 2022.
Max materiality 0.80 · Median 0.65 · Most common event earnings