SPS Commerce
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SPS Commerce's past years’ income statements indicate that its last revenue has increased compared to the previous period by 19% to $536,910,000. The net income raised on $65,824,000 and profit margin reached 12%. Total operating expenses were $277,593,000.
Profit Margin
| 2014 | 127.94M | 2.70M | 2.11% |
|---|---|---|---|
| 2015 | 158.51M | 4.63M | 2.93% |
| 2016 | 193.29M | 5.71M | 2.95% |
| 2017 | 220.56M | -2.44M | -1.11% |
| 2018 | 248.24M | 23.87M | 9.62% |
| 2019 | 279.12M | 33.71M | 12.08% |
| 2020 | 312.63M | 45.58M | 14.58% |
| 2021 | 385.27M | 44.59M | 11.58% |
| 2022 | 450.87M | 55.13M | 12.23% |
| 2023 | 536.91M | 65.82M | 12.26% |
SPSC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 536.91M | 450.87M | 385.27M | 312.63M | 279.12M | 248.24M | 220.56M | 193.29M | 158.51M | 127.94M |
Cost of revenue | 182.06M | 153.06M | 131.67M | 99.83M | 92.23M | 81.74M | 73.62M | 64.34M | 50.04M | 39.99M |
Gross profit | 354.84M | 297.81M | 253.59M | 212.79M | 186.88M | 166.49M | 146.94M | 128.94M | 108.47M | 87.95M |
Operating exp. | ||||||||||
Research and development | 53.65M | 45.74M | 39.03M | 31.02M | 28.30M | 22.08M | 23.18M | 21.98M | 17.95M | 13.49M |
Selling and marketing | 122.93M | 101.77M | 88.04M | 75.95M | 70.14M | 71.71M | 73.29M | 65.88M | 55.37M | 46.99M |
Total operating expenses | 277.59M | 226.62M | 198.51M | 162.63M | 148.47M | 139.76M | 138.51M | 121.43M | 101.45M | 83.57M |
Operating income | 77.24M | 71.18M | 55.08M | 50.15M | 38.40M | 26.73M | 8.42M | 7.51M | 7.02M | 4.38M |
Other income (expenses), net | 8.31M | 142K | -1.54M | 2.52M | 3.66M | -720K | 712K | 732K | 52K | -271K |
Income before tax | 85.56M | 71.32M | 53.54M | 52.68M | 42.07M | 28.34M | 9.14M | 8.85M | 7.07M | 4.11M |
Income tax expense | 19.73M | 16.19M | 8.94M | 7.09M | 8.35M | 4.46M | 11.58M | 3.14M | 2.43M | 1.40M |
Net income | 65.82M | 55.13M | 44.59M | 45.58M | 33.71M | 23.87M | -2.44M | 5.71M | 4.63M | 2.70M |
Earnings per share | ||||||||||
Basic EPS | 1.8 | 1.53 | 1.24 | 1.29 | 0.96 | 0.69 | -0.07 | 0.17 | 0.14 | 0.08 |
Diluted EPS | 1.76 | 1.49 | 1.21 | 1.26 | 0.94 | 0.68 | -0.07 | 0.17 | 0.14 | 0.08 |
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