Enterprise Software
SPS Commerce
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.
Leading Indicators
Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
3 sources · 1 government/SEC filing · 48% avg. source confidence
- SEC EDGAR 8-K filing — SPS Commerce Q1 2026 revenue grows 6% to $192.1M54% source confidence
- SPS Commerce corporate site — SPS Commerce corporate overview44% source confidence
- SPS Commerce corporate site — SPS Commerce's 2026 network scale and AI/agentic-commerce strategy46% source confidence
Insider Filing Activity
Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Jul 28, 2026
Dependency Map
What SPS Commerce depends on below, and who depends on SPS Commerce above — click any node to make it the new center, 2 levels deep.
Connection type
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The Story So Far
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.