Filing Flows › SPS Commerce (SPSC) › Gross margin
SPS Commerce (SPSC) gross margin by quarter
SPS Commerce's gross margin was 71.1% in Q3 2026 (third quarter 2026), +0.9 pts from Q2 2026. Over the last 7 quarters it ranged from 68.1% (Q2 2025) to 71.1% (Q3 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 71.1% | +0.9 pts | +1.6 pts |
| Q2 2026 | 70.2% | +1.0 pts | +2.1 pts |
| Q1 2026 | 69.2% | -1.3 pts | +0.5 pts |
| Q4 2025 | 70.4% | +0.9 pts | — |
| Q3 2025 | 69.5% | +1.4 pts | — |
| Q2 2025 | 68.1% | -0.6 pts | — |
| Q1 2025 | 68.7% | — | — |
Q3 2026 at a glance
SPS Commerce, Q3 2026: revenue $198M (+4% year over year), operating margin 20.2%, net earnings $30.7M, operating cash flow $64.0M. The chart follows the revenue to costs, profit and cash.
Questions
What is SPS Commerce's gross margin?
SPS Commerce's gross margin was 71.1% in Q3 2026 (third quarter 2026), +0.9 pts from Q2 2026.
How has SPS Commerce's gross margin changed?
Over the last 7 quarters it ranged from 68.1% (Q2 2025) to 71.1% (Q3 2026).