SPS Commerce

Overview

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• TickerSPSC on Nasdaq¹
• IndustryServices-Prepackaged Software¹
• HeadquartersMinneapolis¹
• Websitewww.spscommerce.com
• Legal formDelaware corporation¹
• Business address333 South Seventh Street, Suite 1000, Minneapolis, Mn 55402⁶
• Filer categoryLarge accelerated filer⁶
• LEI2549006XVF9GCCETDQ72⁴
• StatusActive⁴
• LEI statusLapsed (not renewed)⁴
• Registered addressc/o The Corporation Trust Company, 19801 Wilmington, United States⁴
• Registered withDivision of Corporations, Department of State, 3381678⁴

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SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software. The company's headquarters are located in Minneapolis, Minnesota, but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.³

Corporate structure

SPS Commerce sits at the top of its group. 34 entities, 12 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SPS Commerce reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

Our corporate headquarters, including our principal administrative, marketing, sales, technical support, and research and development facilities, are located in Minneapolis, Minnesota. This location includes approximately 198,000 square feet of space and is under lease through 2043. We lease other smaller facilities across the U.S. and international locations. We believe that our current facilities are suitable and adequate to meet our current needs and that suitable additional or substitute space will be available as needed to accommodate expansion of our operations. For additional information regarding obligations under operating leases, see Note I of our consolidated financial statements, included in Part II, Item 8, “Financial Statements and Supplementary Data” of this Annual Report on Form 10-K.

Item 2 of the 10-K filed Feb 19, 2026.¹⁷

The story

From Wikipedia’s article on SPS Commerce, shared under CC BY-SA 4.0.⁷

Leadership

Who has led SPS Commerce, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerChadwick Collins Oct 2, 2023 to now¹⁸
• Chief executive officerArchie C. Black Apr 21, 2010 to Sep 1, 2023¹⁹
• PresidentJames J. Frome Jan 28, 2022 to Aug 20, 2024²⁰
• PresidentArchie C. Black Apr 21, 2010 to Jul 21, 2015¹⁹
• Chief financial officerPreto Joseph Del Mar 25, 2026 to now²¹
• Chief financial officerKimberly K. Nelson Apr 21, 2010 to Mar 25, 2026²²
• Chief operating officerJames J. Frome Sep 4, 2012 to Aug 20, 2024²³

Named in SEC Form D filings

People the company listed in its private-offering notices.

• DirectorJames B. Ramsey named Aug 13, 2024⁴⁷
• DirectorTammi M. Reller named Aug 13, 2024⁴⁷

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• 1000087631 Ontario Corp. Canada⁸
• Affiliate Technologies LLC Delaware⁸
• Alert Technologies LLC Delaware⁸
• AutoSoez Commerce, Inc. Delaware⁸
• Carbon6 Shenzen Technology Company Ltd China⁸
• Carbon6 Technologies, Inc. Delaware⁸
• D Masons Software, LLC Florida⁸
• D8aDriven, Inc. Delaware⁸
• GCommerce Data Cloud, Inc. Delaware⁸
• GCommerce Fulfillment Cloud, LLC Delaware⁸
• GCommerce, Inc. Delaware⁸
• Genius Central Systems LLC Delaware⁸
• Intertrade Systems, Inc. Canada⁸
• Performance Analytics GmbH Germany⁸
• PixleMe Technologies LLC Delaware⁸
• SPS Commerce Australia Pty Ltd Australia⁸
• SPS Commerce Canada, Ltd. Canada⁸
• SPS Commerce Holding B.V. Netherlands⁸
• SPS Commerce Netherlands B.V. Netherlands⁸
• SPS Commerce Philippines Inc. Philippines⁸
• SPS Commerce Poland sp. z o.o. Poland⁸
• SPS Europe Limited Great Britain⁸
• SPS Hong Kong Limited Hong Kong⁸
• SPS International, Inc. Delaware⁸

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

1. Jul 30, 20268-K Results of operations⁴⁸
2. May 28, 20268-K Shareholder vote⁴⁹
3. May 21, 20268-K Executive or director change⁵⁰
4. Apr 30, 20268-K Results of operations⁵¹
5. Apr 14, 20268-K Executive or director change⁵²
6. Feb 12, 20268-K Results of operations; Executive or director change; Regulation FD disclosure⁵³
7. Feb 12, 20268-K Entered a material agreement; Executive or director change; Regulation FD disclosure⁵⁴
8. Oct 30, 20258-K Results of operations; Executive or director change; Other events⁵⁵
9. Aug 20, 20258-K Executive or director change⁵⁶
10. Jul 30, 20258-K Results of operations⁵⁷
11. May 13, 20258-K Shareholder vote⁵⁸
12. Apr 24, 20258-K Results of operations⁵⁹
13. Oct 2, 2023New chief executive Chadwick Collins becomes CEO¹⁸
14. Apr 22, 2010Went public Listed on NASDAQ¹
15. Apr 21, 2010New chief executive Archie C. Black becomes CEO¹⁹
16. 1987Founded Founded¹

Calendar

Coming up

1. Oct 29, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.85 a share, on Oct 30, 2025.⁶⁰

When it reported results

1. Jul 30, 2026Reported quarterly or annual results⁴⁸
2. Apr 30, 2026Reported quarterly or annual results⁵¹
3. Feb 12, 2026Reported quarterly or annual results⁵³
4. Oct 30, 2025Reported quarterly or annual results⁵⁵
5. Jul 30, 2025Reported quarterly or annual results⁵⁷
6. Apr 24, 2025Reported quarterly or annual results⁵⁹
7. Feb 10, 2025Reported quarterly or annual results⁶¹
8. Oct 24, 2024Reported quarterly or annual results⁶²

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

334 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 39 major events, 167 insider forms, 16 large holders, 1 private raises, 90 other. The latest 20:

1. Aug 14, 2026SCHEDULE 13G EDGAR
2. Jul 30, 202610-Q EDGAR
3. Jul 30, 20268-K EDGAR
4. Jul 21, 202610-Q/A EDGAR
5. Jun 29, 202611-K EDGAR
6. Jun 2, 2026144 EDGAR
7. Jun 1, 20264 EDGAR
8. Jun 1, 20264 EDGAR
9. Jun 1, 20264 EDGAR
10. Jun 1, 20264 EDGAR
11. Jun 1, 20264 EDGAR
12. Jun 1, 20264 EDGAR
13. Jun 1, 20264 EDGAR
14. Jun 1, 20264 EDGAR
15. May 28, 20268-K EDGAR
16. May 21, 20268-K EDGAR
17. May 15, 2026DEFA14A EDGAR
18. May 11, 20264 EDGAR
19. May 11, 20264 EDGAR
20. May 11, 20264 EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

128 open-market trades by officers, directors and large owners since October 2021: 0 buys and 128 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• DISCIPLINED GROWTH INVESTORS INC /MNSCHEDULE 13G, 1 filing Aug 14, 2026⁶³
• VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 2026⁶⁴
• VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026⁶⁵
• VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 27, 2026⁶⁶
• BlackRockSCHEDULE 13G/A, 4 filings Jan 28, 2022 to Oct 17, 2025⁶⁷
• Neuberger BermanSC 13G/A, 3 filings Feb 11, 2022 to Feb 12, 2024⁶⁸
• Conestoga Capital Advisors, LLCSC 13G/A, 1 filing Jan 10, 2022⁶⁹

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

Money raised

Private offerings the company reported to the SEC on Form D.

1. Jul 31, 2024Raised $87 million in a private offering of securities Form D: 16 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How SPS Commerce is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARSPS COMMERCE INC²
• CIK0001092699
• Employer ID (EIN)41-2015127¹⁷
• Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company¹⁷
• Incorporated inDelaware¹⁷
• Fiscal year endsDecember 31²
• Industry code (SIC)7372 Services-Prepackaged Software²
• SEC reviewing officeOffice of Technology, Division of Corporation Finance²
• Business address333 South Seventh Street, Suite 1000, Minneapolis, MN 55402²
• Phone612-435-9400²
• Shares outstanding36,000,174 as of Jul 23, 2026¹⁵
• Public float$5.2B as of Jun 30, 2025¹⁷
• AuditorKPMG, LLP, Minneapolis, MN PCAOB ID 185; it also attests to the company’s internal control over financial reporting¹⁷
• On EDGAR sinceNov 6, 2002²
• Filings1,014 in all: 4 (484), 8-K (133), 144 (61), SC 13G/A (53), 10-Q (50), 3 (34), 4/A (24), SC 13G (19)²
  All 43 form types

  10-K (16), DEF 14A (16), S-8 (15), DEFA14A (13), 11-K (8), CORRESP (8), S-1/A (8), UPLOAD (8), ARS (7), 5 (6), 424B5 (4), D (4), EFFECT (4), REGDEX (4), 8-K/A (3), PRE 14A (3), S-3ASR (3), SCHEDULE 13G (3), SCHEDULE 13G/A (3), 424B3 (2), 424B4 (2), S-1 (2), S-3 (2), 10-K/A (1), 10-Q/A (1), 11-K/A (1), 144/A (1), 3/A (1), 424A (1), 8-A12B (1), CERTNAS (1), DEFR14A (1), S-1MEF (1), S-3/A (1), S-8 POS (1)

• Latest filingsAnnual report (10-K) Feb 19, 2026
  Quarterly report (10-Q) Jul 30, 2026
  Proxy statement (DEF 14A) Apr 14, 2026
  Latest 8-K (8-K) Jul 30, 2026

Securities registered for trading

From the cover page of the 10-K filed Feb 19, 2026 (Section 12(b) of the Exchange Act).¹⁷

Risk factors and legal proceedings

The risks SPS Commerce names in Item 1A of its 10-K filed Feb 19, 2026: 29 risks under these headings, as written.¹⁷

• If we are unable to attract new customers, or sell additional products to existing customers, or if our customers do not increase their use of our products, our revenue growth and profitability will be adversely affected.
• We do not have long-term contracts with most of our recurring revenue customers, and therefore a lack of success in maintaining or improving forecasted renewal rates will have adverse effects on revenue and financial results.
• Economic weakness and uncertainty could adversely affect our revenue, lengthen our sales cycles, and make it more difficult for us to forecast operating results accurately.
• Our continued growth could significantly strain our personnel resources and infrastructure, and if we are unable to implement appropriate controls and procedures to manage our growth, we may not be able to implement our business plan successfully.
• If we fail to attract, retain, and train members of our senior management team and other key personnel, our business could be adversely affected.
• If the market for cloud-based supply chain management products declines or does not maintain its historical growth rates, our revenues may decline or fail to grow, and we may incur operating losses.
• The markets in which we participate are highly competitive, and our failure to compete successfully would make it difficult for us to add and retain customers and would reduce or impede the growth of our business.
• Adopting and utilizing AI and Machine Learning ("ML")-enabled products or services has become increasingly important within our competitive landscape. Such adoption and utilization may expose us to social, ethical, operational and regulatory risks that could result in reputational harm, liability and adverse financial results.
• We may not be able to successfully integrate or otherwise operate newly acquired companies or businesses, which could adversely affect our financial results.
• Because our long-term success depends, in part, on our ability to expand the sales of our products to customers located outside of the United States and expand operations to support such expansion, our business will be increasingly susceptible to risks associated with international operations.
• We may face exposure to fluctuations in foreign currency exchange rates, which could affect our financial condition and results of operations.
• Our failure to raise additional capital or generate cash flows necessary to expand our operations and invest in new technologies could reduce our ability to compete successfully and adversely affect our results of operations.

Legal proceedings

We are not currently subject to, or aware of, any claims or actions that would have a material adverse effect on our business, financial condition, or results of operations. From time to time, we may be named as a defendant in legal actions or otherwise be subject to claims arising from our normal business activities. We believe that we have obtained adequate insurance coverage and/or rights to indemnification in connection with potential legal proceedings that may arise.

The opening of Item 3, Legal Proceedings.¹⁷

Links

• Websitewww.spscommerce.com¹
• X (Twitter)x.com/SPS_Commerce¹
• Facebookwww.facebook.com/SPSCommerceInc¹
• WikipediaSPS Commerce
• WikidataQ17082992
• SEC EDGARCIK 1092699