Strategic Intelligence Report
Generated July 30, 2026
Enterprise Software
SPS Commerce
Strategic importance is our editorial rating of how central this entity is to the technology landscape we track; confidence reflects how well-sourced and current the underlying evidence is.
0
Chokepoint Score
no direct dependencies recorded in the graph
Steady
Momentum
insider filing activity unchanged since last check
Headquarters
Minneapolis, Minnesota, USA
Website
Employees
1,600 (2026, approximate)
Founded
1987
Listing
SPSC · NASDAQ
Market Cap
$2.51B
Revenue (TTM)
$762.08M
Price
USD68.5 (+10.42%)
Market data as of Jul 29, 2026, 11:25 AM · Source: Yahoo Finance (delayed). Not investment advice.
Overview
SPS Commerce operates a cloud-based supply chain network connecting retailers, suppliers, and logistics partners through EDI and data integration, claiming the largest retail trading-partner network in its category at over 50,000 subscribing customers spanning grocery, fashion, industrial, and beauty verticals. Q1 2026 revenue reached $192.1 million, up 6% year-over-year from $181.5 million, with non-GAAP diluted EPS rising to $1.10. For 2026 the company is positioning its network around AI-driven shopping, smarter replenishment, and "agentic commerce," alongside a new private-cloud connector aimed at complex ERP environments.
Strategic Connections
Competition / Other
- Kinaxis: SPS Commerce operates in the broader supply chain software category alongside planning platforms like Kinaxis, though focused specifically on retail trading-partner connectivity.
- Cloud Computing & Data Centers: SPS Commerce provides supply chain network SaaS within the broader cloud computing industry.
Strategic Risks
- Revenue growth tied closely to retail trading-partner network expansion
Future Outlook
- Continued steady growth expected from retail and supplier network expansion
Sources
- SEC EDGAR 8-K filing (Apr 2026) — SPS Commerce Q1 2026 revenue grows 6% to $192.1M
- SPS Commerce corporate site (Jan 2026) — SPS Commerce corporate overview
- SPS Commerce corporate site (Jan 2026) — SPS Commerce's 2026 network scale and AI/agentic-commerce strategy
Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.
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