AI brief of an SEC Form 8-K · SPS Commerce (SPSC)

SPS Commerce Q4 revenue rises 13%; names new CFO and adds $200 million buyback

Positive Impact 4 of 5 earnings Written later

SPS Commerce reported fourth-quarter 2025 revenue of $192.7 million, up 13%, and net income of $25.8 million, or $0.68 per diluted share, versus $17.6 million, or $0.46, a year earlier. The board also named Joseph Del Preto as Chief Financial Officer effective March 16, 2026, succeeding Kimberly Nelson, who is retiring, and added $200.0 million to the share repurchase authority.

Key points

  • Q4 2025 revenue was $192.7 million, up from $170.9 million; net income was $25.8 million, or $0.68 per diluted share, versus $0.46 a year earlier.
  • Fiscal 2026 revenue guidance is $798.5 million to $806.9 million, representing 6% to 7% growth over 2025.
  • Joseph Del Preto joins as Executive Vice President and CFO effective March 16, 2026, succeeding Kimberly Nelson, who is retiring.
  • Repurchase authority rises by $200.0 million to a total of $300.0 million, with the program expiring December 1, 2027.

The filing

CompanySPS Commerce (SPSC)
Form8-K, current report
Filed with the SECFeb 12, 2026, 4:08 PM ET
Accession number0001092699-26-000007

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.