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SPSCSPS Commerce Inc

Information Technology · Computer Software: Prepackaged Software · Mid

$92.63+0.75%
As of 23 Oct 2026Mkt cap $3.0B
Stage 13
WAIT
Fundamentals
58.1/75
Technical
7.4/15
Independent
65.5/90

GCAE viewelevated earnings event risk blocks an independent BUY decision

Price

1M
+12.0%
3M
+41.1%
6M
+69.5%
1Y
−16.8%

Financials & valuation

Cached filing evidence · as of 2026-10-02

Valuation

P/E
44.7xHist median 64.5x
Forward P/E
—No validated forward-estimate source
Price / FCF
17.7x
FCF yield
5.6%

Quality

ROIC
12.2%
Operating margin
14.4%
FCF margin
20.3%
Current ratio
2.2x

Growth

Revenue growth
+17.8%Latest FY YoY
Revenue CAGR
+18.2%
EPS CAGR
+19.4%
FCF CAGR
+13.0%

Capital

Share-count trend
+0.7%3Y annualised
Net cash
$144M-0.8x OCF

Annual trend

CAGR 2021–2025
+18.2%
Latest · 2025
$1B
YoY
+17.8%
Quality Research
NOT FLAGGED
Acceleration Radar
FUNDAMENTAL DECELERATION
THE ONE
NOT FLAGGED
Final / Opportunity
QUALITY OPPORTUNITY — WAIT FOR SETUP / REPAIR

Key takeaway

High-quality network and cash conversion, with slower growth limiting conviction.

Unresolved question

No reliable unresolved question is available from the current committed evidence.

Watch next

  • Next earnings · 2026-10-29
  • The extended technical state must normalize into an entry-permitting Stage 13 setup on fresh aligned evidence.
More details & evidence

Production decision

Stage 13
WAIT
Technical state
extended
Rotation
headwind
Evidence
fresh

Presentation freshness

Stage 11 market
2026-10-23 · Massive
Financial cache
2026-10-02
Quality Research
NOT FLAGGED
THE ONE
NOT FLAGGED

Authority

Company page
Presentation only
Scores
Frozen GCAE production outputs
Research
Research-only lanes; no score override
Private portfolio
Not loaded