SPS COMMERCE INC shareholders approved Advisory Approval of the Compensation of Named Executive Officers ("Say-on-Pay") at the 2026-05-28 meeting.
“Advisory Approval of the Compensation of Named Executive Officers ("Say-on-Pay") The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers by voting as follows: Votes For Votes Against Abstain Broker Non-Votes 28,658,147 2,600,825 19,565 1,455,500”
Shareholder Votes
SPS COMMERCE INC shareholders approved Ratification of the Selection of KPMG LLP as Independent Auditor for the Year Ending 2026 at the 2026-05-28 meeting.
“Ratification of the Selection of KPMG LLP as Independent Auditor for the Year Ending 2026 The Company’s stockholders ratified the appointment of KPMG LLP to serve as the independent auditor for the year ending December 31, 2026 by voting as follows: Votes For Votes Against Abstain Broker Non-Votes 32,558,668 166,493 8,876 —”
Shareholder Votes
SPS COMMERCE INC shareholders approved Election of Directors at the 2026-05-28 meeting.
“Election of Directors The following nominees were elected to serve as directors for a term that will last until the Company’s 2027 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified. The voting with respect to the election of directors was as follows: Nominee Votes For Votes Against Abstain Broker Non-Votes Fumbi Chima 31,200,283 55,527 22,727 1,455,500 Chad Collins 31,203,650 68,110 6,777 1,455,500 Razat Gaurav 30,366,937 889,070 22,530 1,455,500 Michael McConnell 24,552,202 6,703,424 22,911 1,455,500 Mark Partin 31,187,525 68,265 22,747 1,455,500 Marty Réaume 30,150,736 1,068,583 59,218 1,455,500 Tami Reller 30,775,910 491,529 11,098 1,455,500 Philip Soran 30,109,756 1,157,338 11,443 1,455,500 Anne Sempowski Ward 30,323,659 943,302 11,576 1,455,500”
Kimberly Nelson retired as Executive Vice President and Chief Financial Officer at SPS COMMERCE INC.
“it was determined that Ms. Nelson’s effective retirement date would be June 1, 2026”
Earnings Releases
SPS COMMERCE INC reported first quarter ended March 31, 2026 results: revenue $192.1 million, net income $19.7 million or $0.53 per diluted share, EPS $0.53 per diluted share. Guidance initiated.
“supply chain network, today announced financial results for the first quarter ended March 31, 2026. Financial Highlights First Quarter 2026 Financial Highlights • Revenue was $192.1 million in the first quarter of 2026, compared to $181.5 million in the first quarter of 2025, reflecting 6% growth. • Recurring revenue grew 7% from the first quarter of 2025. • Net”
Material Agreements
SPS COMMERCE INC entered into Cooperation Agreement with Anson Funds Management LP (effective 2026-02-12).
“On February 12, 2026 , SPS Commerce, Inc. (the “Company”) entered into a cooperation letter agreement (the “Cooperation Agreement”) with Anson Funds Management LP (“Anson”).”
James Ramsey departed as Director at SPS COMMERCE INC.
“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.”
Razat Gaurav was appointed as Director at SPS COMMERCE INC.
“appointed Razat Gaurav as a director, effective March 6, 2025”
Governance Changes
SPS COMMERCE INC: Stockholders approved an amendment to the Ninth Amended and Restated Certificate of Incorporation to allow for exculpation of officers as permitted by Delaware Law (effective 2024-05-16).
“on May 16, 2024, the stockholders of the Company approved an amendment to the Company's Ninth Amended and Restated Certificate of Incorporation (the "Certificate of Incorporation") to allow for exculpation of officers, as permitted by Delaware Law (the "Amendment")”
Shareholder Votes
SPS COMMERCE INC shareholders approved Approval of an Amendment to the Ninth Amended and Restated Certificate of Incorporation of SPS Commerce, Inc. to allow for exculpation of officers as permitted by Delaware Law at the 2024-05-16 meeting.
“Approval of an Amendment to the Ninth Amended and Restated Certificate of Incorporation of SPS Commerce, Inc. to allow for exculpation of officers as permitted by Delaware Law The Company's stockholders approved the proposal to amend the Company's Ninth Amended and Restated Certificate of Incorporation to allow for exculpation of officers as permitted by Delaware Law by voting as follows: Votes For Votes Against Abstain Broker Non-Votes 30,395,221 3,889,778 33,473 1,049,044”
Shareholder Votes
SPS COMMERCE INC shareholders approved Advisory Approval of the Compensation of Named Executive Officers at the 2024-05-16 meeting.
“Advisory Approval of the Compensation of Named Executive Officers The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers by voting as follows: Votes For Votes Against Abstain Broker Non-Votes 32,966,036 1,335,629 16,807 1,049,044”
Shareholder Votes
SPS COMMERCE INC shareholders approved Ratification of the Selection of KPMG LLP as Independent Auditor for the Year Ending 2024 at the 2024-05-16 meeting.
“Ratification of the Selection of KPMG LLP as Independent Auditor for the Year Ending 2024 The Company’s stockholders ratified the appointment of KPMG LLP to serve as the independent auditor for the year ending December 31, 2024 by voting as follows: Votes For Votes Against Abstain Broker Non-Votes 33,461,859 1,891,680 13,977 —”
Shareholder Votes
SPS COMMERCE INC shareholders approved Election of Directors at the 2024-05-16 meeting.
“Election of Directors The following nominees were elected to serve as directors for a term that will last until the Company’s 2025 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified. The voting with respect to the election of directors was as follows: Nominee Votes For Votes Against Abstain Broker Non-Votes Chad Collins 34,047,800 238,521 32,151 1,049,044 James Ramsey 32,663,535 1,622,490 32,447 1,049,044 Marty Reaume 32,881,892 1,404,241 32,339 1,049,044 Tami Reller 34,082,110 204,041 32,321 1,049,044 Philip Soran 33,216,447 1,069,458 32,567 1,049,044 Anne Sempowski Ward 32,706,926 1,577,711 33,835 1,049,044 Sven Wehrwein 32,072,702 2,213,276 32,494 1,049,044”
Earnings Releases
SPS COMMERCE INC reported fiscal year 2024 results: revenue $619.9 million to $621.9 million, EPS $1.99 to $2.02.
“Revenue is expected to be in the range of $619.9 million to $621.9 million, representing 15% to 16% growth over 2023.”
Earnings Releases
SPS COMMERCE INC reported second quarter 2024 results: revenue $150.9 million to $151.7 million, EPS $0.45 to $0.46.
“Revenue is expected to be in the range of $150.9 million to $151.7 million.”
Earnings Releases
SPS COMMERCE INC reported first quarter ended March 31, 2024 results: net income $18.0 million, EPS $0.48 per diluted share.
“Revenue was $149.6 million in the first quarter of 2024, compared to $125.9 million in the first quarter of 2023, reflecting 19% growth.”
Archie Black departed as Executive Chair of the Board of Directors at SPS COMMERCE INC.
“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.”
Earnings Releases
SPS COMMERCE INC reported fourth quarter and year ended December 31, 2023 results: revenue $145.0 million, net income $19.0 million, EPS $0.51 per diluted share. Guidance initiated.
“services, today announced financial results for the fourth quarter and year ended December 31, 2023. Financial Highlights Fourth Quarter 2023 Financial Highlights • Revenue was $145.0 million in the fourth quarter of 2023, compared to $122.0 million in the fourth quarter of 2022, reflecting 19% growth. • Recurring revenue grew 19% from the fourth quarter of 2022. •”
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.
“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.”
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.
“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.”
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.
“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.”
Philip Soran changed role as Lead Independent Director at SPS COMMERCE INC.
“Philip Soran, the current Chair of the Board, will become the lead independent director of the Board”
Archie Black changed role as Executive Chair at SPS COMMERCE INC.
“Mr. Black will become the Executive Chair of the Board”
Chad Collins was appointed as Director at SPS COMMERCE INC.
“Mr. Collins has also been appointed as a director of the Company, effective as of the Effective Date.”
Chad Collins was appointed as Chief Executive Officer at SPS COMMERCE INC.
“the Board of Directors of the Company has appointed Chad Collins as the Company's Chief Executive Officer, effective October 2, 2023”
Shareholder Votes
SPS COMMERCE INC shareholders approved Advisory Vote on Approval of the Compensation of the Company’s Named Executive Officers at the 2023-05-12 meeting.
“The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers by voting as follows: Votes For Votes Against Abstain Broker Non-Votes 32,752,329 1,215,235 31,281 946,943”
Shareholder Votes
SPS COMMERCE INC shareholders approved Ratification of the Selection of KPMG LLP as the Company's Independent Auditor for 2023 at the 2023-05-12 meeting.
“The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 by voting as follows: Votes For Votes Against Abstain Broker Non-Votes 34,511,869 418,120 15,799 —”
Shareholder Votes
SPS COMMERCE INC shareholders approved Election of Directors at the 2023-05-12 meeting.
“The following nominees were elected to serve as directors for a term that will last until the Company’s 2024 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified. The voting with respect to the election of directors was as follows: Nominee Votes For Votes Against Abstain Broker Non-Votes Archie Black 32,473,757 1,484,160 40,928 946,943”
Earnings Releases
SPS COMMERCE INC reported full year 2023 results: revenue $525.5 million to $527.6 million, EPS $1.55 to $1.58. Guidance initiated.
“Full Year 2023 Guidance Revenue is expected to be in the range of $525.5 million to $527.6 million, representing 17% growth over 2022. Net income per diluted share is expected to be in the range of $1.55 to $1.58, with fully diluted weighted average shares outstanding of 37.4 million shares.”
Earnings Releases
SPS COMMERCE INC reported second quarter 2023 results: revenue $128.0 million to $128.8 million, EPS $0.30 to $0.31. Guidance initiated.
“Second Quarter 2023 Guidance Revenue is expected to be in the range of $128.0 million to $128.8 million. Net income per diluted share is expected to be in the range of $0.30 to $0.31, with fully diluted weighted average shares outstanding of 37.5 million shares.”
Philip Soran was appointed as lead independent director at SPS COMMERCE INC.
“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.”
Archie Black changed role as Executive Chair at SPS COMMERCE INC.
“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.”
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.
“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.”
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.
“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.”
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.
“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.”
Earnings Releases
SPS COMMERCE INC reported Full Year 2022 results: revenue $448.9 million to $449.9 million, net income $1.35 to $1.36 per diluted share, EPS $1.35 to $1.36 per diluted share. Guidance reaffirmed.
“Revenue is expected to be in the range of $448.9 million to $449.9 million, representing 17% growth over 2021. Net income per diluted share is expected to be in the range of $1.35 to $1.36, with fully diluted weighted average shares outstanding of 37.0 million shares.”
Earnings Releases
SPS COMMERCE INC reported Fourth Quarter 2022 results: revenue $120.0 million to $121.0 million, net income $0.29 to $0.30 per diluted share, EPS $0.29 to $0.30 per diluted share. Guidance reaffirmed.
“Revenue is expected to be in the range of $120.0 million to $121.0 million. Net income per diluted share is expected to be in the range of $0.29 to $0.30, with fully diluted weighted average shares outstanding of 37.2 million shares.”
Earnings Releases
SPS COMMERCE INC reported three and nine months ended September 30, 2022 results: revenue $114.5 million, net income $15.9 million or $0.43 per diluted share, EPS $0.43 per diluted share.
“SPSC), a leader in retail cloud services, today announced financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights Revenue was $114.5 million in the third quarter of 2022, compared to $97.9 million in the third quarter of 2021, reflecting 17% growth. Recurring revenue grew 18% from the third quarter of 2021. Net income”
Archie C. Black changed role as Chief Executive Officer at SPS COMMERCE INC.
“Archie C. Black, 59, will remain as our Chief Executive Officer but no longer serves as our President.”
James J. Frome was appointed as President and Chief Operating Officer at SPS COMMERCE INC.
“James J. Frome, 57, was appointed as our President and Chief Operating Officer effective as of January 6, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.