Every material Form 8-K SPS Commerce filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
SPS Commerce reported third-quarter 2025 revenue of $189.9 million, up 16% from a year earlier, and net income of $25.6 million, or $0.67 per diluted share, versus $0.62 in the prior-year quarter. It gave fourth-quarter revenue guidance of $192.7 million to $194.7 million and said its chief revenue officer will retire at year-end, replaced by a new chief commercial officer. The board also authorized a share repurchase program of up to $100.0 million, effective December 1, 2025.
Q3 2025 revenue was $189.9 million, up from $163.7 million, with net income of $25.6 million, or $0.67 per diluted share, versus $0.62 a year earlier
Fourth-quarter 2025 revenue is expected at $192.7 million to $194.7 million, or 13% to 14% growth; fiscal 2025 revenue is expected at $751.6 million to $753.6 million
Eduardo Rosini will become Executive Vice President and Chief Commercial Officer on December 1, 2025; Daniel Juckniess, Chief Revenue Officer, retires December 31, 2025
Board authorized repurchases of up to $100.0 million of common stock, effective December 1, 2025 and expiring December 1, 2027
SPS Commerce increased its board from seven to eight members and appointed Mark Partin as a director effective August 18, 2025. The board deemed him independent and placed him on the Audit Committee, which adds a director to oversee financial reporting.
Board size increased from seven to eight members; Mark Partin appointed effective August 18, 2025
Partin is designated independent under Nasdaq and SEC rules and joins the Audit Committee
He will receive non-employee director compensation and sign the standard indemnification agreement
Filing states no related transactions or selection arrangements requiring disclosure
SPS Commerce reported second-quarter 2025 revenue of $187.4 million, up 22% from $153.6 million a year earlier, and net income of $19.7 million, or $0.52 per diluted share, versus $18.0 million, or $0.48, in the prior-year quarter. The company also issued guidance calling for third-quarter revenue of $191.7 million to $193.2 million and full-year 2025 revenue of $759.0 million to $763.0 million.
Q2 2025 revenue was $187.4 million, up from $153.6 million in Q2 2024; recurring revenue grew 24%.
Diluted EPS was $0.52 versus $0.48; non-GAAP diluted EPS was $1.00 versus $0.80.
Q3 2025 revenue guidance is $191.7 million to $193.2 million; full-year 2025 revenue guidance is $759.0 million to $763.0 million.
Share repurchases in Q2 2025 totaled $20.0 million.
SPS Commerce reported first-quarter 2025 revenue of $181.5 million, up 21% from a year earlier, and net income of $22.2 million, or $0.58 per diluted share, versus $0.48 a year earlier. The company also issued second-quarter and full-year 2025 guidance, with full-year revenue expected at $758.5 million to $763.0 million and diluted EPS at $2.06 to $2.13.
Q1 2025 revenue $181.5 million, up 21% from $149.6 million; recurring revenue grew 23%
Q1 2025 net income $22.2 million, or $0.58 per diluted share, versus $0.48 in Q1 2024
Full-year 2025 revenue guidance $758.5 million to $763.0 million; diluted EPS $2.06 to $2.13
Q1 share repurchases totaled $40.0 million; cash and cash equivalents fell to $94.9 million after a $141.6 million acquisition
SPS Commerce expanded its board from seven to eight members and appointed Razat Gaurav as an independent director, effective March 6, 2025. The company also said director James Ramsey, a board member since 2014, will not stand for re-election and will retire at the 2025 annual meeting.
Razat Gaurav appointed director effective March 6, 2025; board size increased from seven to eight
Board determined Gaurav is independent under Nasdaq and SEC rules; no committee assignments decided yet
James Ramsey, a director since 2014, will retire at the 2025 annual meeting of stockholders
Ramsey's retirement was not the result of any disagreement with the company or management
SPS Commerce reported fourth-quarter and full-year 2024 results on February 10, 2025. Revenue grew 18% in the quarter and 19% for the year, but fourth-quarter net income fell to $17.6 million from $19.0 million. The company guided 2025 revenue to $758.0 million to $763.0 million, while its projected GAAP diluted EPS of $1.93 to $1.99 is below the $2.04 reported for 2024.
Q4 2024 revenue was $170.9 million, up from $145.0 million, with net income of $17.6 million ($0.46 per diluted share) versus $19.0 million ($0.51) a year earlier.
Full-year 2024 revenue was $637.8 million, up 19%, and net income was $77.1 million ($2.04 per diluted share), compared with $65.8 million ($1.76) in 2023.
2025 guidance calls for revenue of $758.0 million to $763.0 million and GAAP diluted EPS of $1.93 to $1.99.
First-quarter 2025 revenue is expected to be $178.5 million to $180.0 million.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every SPS Commerce filing is on SEC EDGAR ↗. 8-K briefs of other companies →