← SPS COMMERCE INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $5.7m |
($2.4m)
-142.73%
|
$23.9m
+1078.36%
|
$33.7m
+41.22%
|
$45.6m
+35.22%
|
$44.6m
-2.17%
|
$55.1m
+23.63%
|
$65.8m
+19.39%
|
$77.1m
+17.06%
|
$93.3m
+21.13%
|
— | |
| Depreciation, Depletion and Amortization | $6.6m | $7.2m | $8.6m | $11.1m | $13.1m | $14.8m | $16.4m | $18.6m | $18.7m | $21.1m | $60.9m | |
| Amortization of Intangible Assets | $4.7m | $4.6m | $4.1m | $5.3m | $5.5m | $10.1m | $11.8m | $16.1m | $23.5m | $37.2m | — | |
| Capitalized Computer Software, Amortization | — | — | — | $86k | $112k | $229k | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | ($1.7m) | $10.9m | $2.8m | $7.6m | $4.2m | $3.9m | ($3.7m) | ($10.1m) | ($9.8m) | $18.9m | $20.4m | |
| Share-based Payment Arrangement, Noncash Expense | $8.0m | $12.7m | $12.5m | $14.7m | $18.9m | $27.6m | $33.4m | $45.5m | $54.6m | $53.7m | $61.6m | |
| Share-based Payment Arrangement, Expense | $8.0m | $12.7m | $12.5m | $14.7m | $18.9m | $27.6m | $33.4m | $45.5m | $54.6m | $53.7m | $61.6m | |
| Goodwill, Impairment Loss | — | — | — | $0 | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | $1.3m | $712k | $1.6m | $3.7m | $2.5m | ($1.5m) | $142k | $8.3m | $10.6m | $5.5m | — | |
| Other Nonoperating Income (Expense) | $732k | ($320k) | ($720k) | $272k | $1.3m | ($366k) | ($502k) | ($1.1m) | ($104k) | $495k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $3.7m | $5.6m | $4.6m | $6.8m | $5.9m | $5.0m | $6.4m | $11.9m | $9.7m | $20.3m | ($8.7m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $1.4m | $1.7m | $2.6m | $3.5m | $5.7m | $4.7m | $3.4m | $5.7m | $7.7m | $9.9m | ($8.7m) | |
| Increase (Decrease) in Accounts Payable | ($382k) | $832k | $937k | ($489k) | $1.2m | $2.3m | $144k | ($3.9m) | $796k | $4.7m | ($603k) | |
| Purchases of property and equipment, accrued but unpaid | $8.0m | $7.3m | $13.8m | $13.6m | $16.5m | $19.6m | $19.9m | $19.8m | $20.0m | $26.5m | ($29.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $18.8m |
$31.1m
+65.47%
|
$55.0m
+77.18%
|
$71.8m
+30.50%
|
$88.6m
+23.36%
|
$112.9m
+27.47%
|
$100.1m
-11.37%
|
$132.3m
+32.23%
|
$157.4m
+18.97%
|
$178.8m
+13.59%
|
$228.1m
+27.60%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.0m | $7.3m | $13.8m | $13.6m | $16.5m | $19.6m | $19.9m | $19.8m | $20.0m | $26.5m | ($29.4m) | |
| Unrealized Gain (Loss) on Investments | ($9k) | — | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $18.0m | — | — | — | — | — | — | $70.2m | $147.9m | $142.6m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($34.2m) | ($22.6m) | ($40.5m) | ($14.3m) | ($120.5m) | ($46.7m) | ($112.8m) | ($92.6m) | ($110.5m) | ($169.2m) | ($20.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | $5.8m | $19.9m | $20.6m | $18.9m | $20.4m | $43.2m | $0 | $37.6m | $114.3m | — | |
| Net Cash Provided by (Used in) Financing Activities | $10.1m |
($2.5m)
-124.46%
|
($3.8m)
-52.71%
|
($12.1m)
-221.64%
|
$2.3m
+119.17%
|
($8.4m)
-459.15%
|
($31.6m)
-278.32%
|
$16.0m
+150.49%
|
($23.0m)
-244.18%
|
($100.8m)
-337.90%
|
($142.3m)
-41.10%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($5.7m) | $7.2m | $10.7m | $45.4m | ($29.6m) | $57.9m | ($44.7m) | $56.2m | $21.9m | ($89.7m) | $172.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $4.3m | $1.4m | $14.3m | $6.2m | $18.6m | $9.4m | $4.9m | $9.9m | $4.7m | $3.9m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $722k | $1.1m | $1.5m | $1.5m | $1.7m | $10.0m | $16.1m | $29.2m | $27.1m | $28.9m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | ($1.5m) | ($1.0m) | $1.7m | $115k | $388k | — | |
| General and Administrative Expense | $28.8m | $37.5m | $41.9m | $44.7m | $50.1m | $61.3m | $67.3m | $84.9m | $102.9m | $126.6m | — | |
| Goodwill | $49.8m | $51.6m | $69.7m | $76.8m | $134.9m | $143.7m | $197.3m | $249.2m | $399.2m | $541.7m | — | |
| Income Tax Expense (Benefit) | $3.1m | $11.6m | $4.5m | $8.4m | $7.1m | $8.9m | $16.2m | $19.7m | $22.4m | $30.5m | — | |
| Operating Expenses | $121.4m | $138.5m | $139.8m | $148.5m | $162.6m | $198.5m | $226.6m | $277.6m | $338.2m | $401.6m | — |