SPS Commerce, Inc.SPSCNASDAQ
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Operating Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+17.2%
5Y CAGR+17.5%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+17.2%/yr
vs +12.8%/yr prior
5Y CAGR
+17.5%/yr
Consistent
Acceleration
+4.3pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.2x
Strong expansion
Streak
9 yr
Consecutive growthStrong
PeriodValueYoY Change
2025$364.40M+7.8%
2024$338.17M+21.8%
2023$277.59M+22.5%
2022$226.63M+14.2%
2021$198.51M+22.1%
2020$162.64M+9.5%
2019$148.48M+6.2%
2018$139.76M+0.9%
2017$138.51M+14.1%
2016$121.43M-