Sps Commerce annual ebitda margin
2009
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2024
2025
Sps Commerce EBITDA Margin Growth & History (SPSC)
Sps Commerce's ebitda margin was 18.55% for fiscal 2025.
View full Sps Commerce company overviewSps Commerce annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.55% | +1.68 pp |
| 2024 | 2024-12-31 | 16.87% | −0.99 pp |
| 2023 | 2023-12-31 | 17.86% | −1.57 pp |
| 2022 | 2022-12-31 | 19.43% | +1.29 pp |
| 2021 | 2021-12-31 | 18.14% | −2.11 pp |
| 2020 | 2020-12-31 | 20.24% | +2.50 pp |
| 2019 | 2019-12-31 | 17.74% | +3.51 pp |
| 2018 | 2018-12-31 | 14.23% | +6.42 pp |
| 2017 | 2017-12-31 | 7.81% | +1.09 pp |
| 2016 | 2016-12-31 | 6.72% | −1.66 pp |
| 2015 | 2015-12-31 | 8.38% | +0.49 pp |
| 2014 | 2014-12-31 | 7.89% | +1.51 pp |
| 2013 | 2013-12-31 | 6.38% | +0.26 pp |
| 2012 | 2012-12-31 | 6.13% | +0.71 pp |
| 2011 | 2011-12-31 | 5.41% | −4.83 pp |
| 2010 | 2010-12-31 | 10.25% | +1.43 pp |
| 2009 | 2009-12-31 | 8.81% | — |
Sps Commerce quarterly ebitda margin
Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.36% | −9.43 pp |
| Q1 2026 | 2026-03-31 | 15.82% | −1.21 pp |
| Q4 2025 | 2025-12-31 | 21.01% | +3.77 pp |
| Q3 2025 | 2025-09-30 | 19.24% | +0.79 pp |
| Q2 2025 | 2025-06-30 | 16.79% | −1.34 pp |
| Q1 2025 | 2025-03-31 | 17.03% | +3.59 pp |
| Q4 2024 | 2024-12-31 | 17.23% | −1.77 pp |
| Q3 2024 | 2024-09-30 | 18.45% | −0.18 pp |
| Q2 2024 | 2024-06-30 | 18.13% | +1.49 pp |
| Q1 2024 | 2024-03-31 | 13.44% | −3.53 pp |
| Q4 2023 | 2023-12-31 | 19.01% | −0.21 pp |
| Q3 2023 | 2023-09-30 | 18.63% | −2.21 pp |
| Q2 2023 | 2023-06-30 | 16.64% | −1.61 pp |
| Q1 2023 | 2023-03-31 | 16.97% | −2.40 pp |
| Q4 2022 | 2022-12-31 | 19.22% | +0.56 pp |
| Q3 2022 | 2022-09-30 | 20.84% | +3.25 pp |
| Q2 2022 | 2022-06-30 | 18.24% | +0.20 pp |
| Q1 2022 | 2022-03-31 | 19.37% | +1.14 pp |
| Q4 2021 | 2021-12-31 | 18.66% | −2.00 pp |
| Q3 2021 | 2021-09-30 | 17.59% | −3.97 pp |
| Q2 2021 | 2021-06-30 | 18.04% | −0.81 pp |
| Q1 2021 | 2021-03-31 | 18.23% | −1.55 pp |
| Q4 2020 | 2020-12-31 | 20.66% | +1.76 pp |
| Q3 2020 | 2020-09-30 | 21.56% | +2.17 pp |
| Q2 2020 | 2020-06-30 | 18.85% | +1.32 pp |
| Q1 2020 | 2020-03-31 | 19.78% | +4.81 pp |
| Q4 2019 | 2019-12-31 | 18.90% | +2.80 pp |
| Q3 2019 | 2019-09-30 | 19.39% | +2.86 pp |
| Q2 2019 | 2019-06-30 | 17.54% | +4.35 pp |
| Q1 2019 | 2019-03-31 | 14.96% | +4.16 pp |
| Q4 2018 | 2018-12-31 | 16.10% | +12.24 pp |
| Q3 2018 | 2018-09-30 | 16.53% | +7.28 pp |
| Q2 2018 | 2018-06-30 | 13.19% | +4.51 pp |
| Q1 2018 | 2018-03-31 | 10.80% | +1.03 pp |
| Q4 2017 | 2017-12-31 | 3.86% | −2.48 pp |
| Q3 2017 | 2017-09-30 | 9.25% | +0.53 pp |
| Q2 2017 | 2017-06-30 | 8.68% | +3.37 pp |
| Q1 2017 | 2017-03-31 | 9.77% | +3.33 pp |
| Q4 2016 | 2016-12-31 | 6.34% | −4.02 pp |
| Q3 2016 | 2016-09-30 | 8.71% | −0.81 pp |
| Q2 2016 | 2016-06-30 | 5.31% | −1.37 pp |
| Q1 2016 | 2016-03-31 | 6.45% | −0.21 pp |
| Q4 2015 | 2015-12-31 | 10.36% | +2.23 pp |
| Q3 2015 | 2015-09-30 | 9.53% | +0.96 pp |
| Q2 2015 | 2015-06-30 | 6.68% | −1.46 pp |
| Q1 2015 | 2015-03-31 | 6.66% | +0.09 pp |
| Q4 2014 | 2014-12-31 | 8.13% | +0.87 pp |
| Q3 2014 | 2014-09-30 | 8.56% | +2.63 pp |
| Q2 2014 | 2014-06-30 | 8.14% | +1.66 pp |
| Q1 2014 | 2014-03-31 | 6.57% | +0.83 pp |
| Q4 2013 | 2013-12-31 | 7.26% | +1.67 pp |
| Q3 2013 | 2013-09-30 | 5.94% | +0.95 pp |
| Q2 2013 | 2013-06-30 | 6.49% | −1.38 pp |
| Q1 2013 | 2013-03-31 | 5.75% | −0.61 pp |
| Q4 2012 | 2012-12-31 | 5.60% | −0.50 pp |
| Q3 2012 | 2012-09-30 | 4.99% | −0.23 pp |
| Q2 2012 | 2012-06-30 | 7.87% | +4.77 pp |
| Q1 2012 | 2012-03-31 | 6.36% | −0.99 pp |
| Q4 2011 | 2011-12-31 | 6.10% | — |
| Q3 2011 | 2011-09-30 | 5.22% | −5.84 pp |
| Q2 2011 | 2011-06-30 | 3.10% | — |
| Q1 2011 | 2011-03-31 | 7.34% | — |
| Q3 2010 | 2010-09-30 | 11.06% | — |
Sps Commerce ebitda margin trends
Over the last five fiscal years, Sps Commerce's ebitda margin decreased from 20.24% to 18.55%, a change of −1.69 percentage points. The latest reported quarter, Q2 2026, shows 7.36%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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