Core Insights - SPS Commerce achieved its 99th consecutive quarter of revenue growth, with third quarter 2025 revenue increasing by 16% to $189.9 million compared to $163.7 million in the same quarter of 2024 [1][6] - Recurring revenue for the same period grew by 18% year-over-year [1][6] - The company appointed Eduardo Rosini as the new Chief Commercial Officer, succeeding Dan Juckniess, who will retire at the end of 2025 [1][4][5] - A new share repurchase program was announced, authorizing the repurchase of up to $100 million of common stock [1][6] Financial Performance - Net income for Q3 2025 was $25.6 million, or $0.67 per diluted share, compared to $23.5 million, or $0.62 per diluted share in Q3 2024 [6][25] - Non-GAAP income per diluted share increased to $1.13 from $0.92 in the same quarter last year [6][31] - Adjusted EBITDA rose by 25% to $60.5 million compared to Q3 2024 [6][30] Executive Changes - Eduardo Rosini brings over 30 years of experience in growth and customer lifecycle management, previously serving in leadership roles at Sage, Intuit, and Microsoft [4][5] - The transition in leadership is expected to support the company's next phase of growth [5] Share Repurchase Program - The share repurchase program will be effective from December 1, 2025, and will expire on December 1, 2027 [6][7] - The company plans to finance the repurchase program using cash on hand [7] Market Position and Outlook - SPS Commerce is positioned as a leader in retail supply chain cloud services, emphasizing collaboration and automation among trading partners [3] - The company expresses confidence in its sustainable and profitable growth, supported by multiple growth drivers and a large addressable market [3]

Core Viewpoint - SPS Commerce, Inc. will release its financial results for Q2 2025 on July 30, 2025, and will host a conference call to discuss these results [1] Group 1: Financial Results Announcement - The financial results for the second quarter ended June 30, 2025, will be issued after market close on July 30, 2025 [1] - A conference call to discuss the results is scheduled for 3:30 p.m. Central Time on the same day [1] Group 2: Accessing the Conference Call - Participants can join the call by dialing 1-833-816-1382 or 1-412-317-0475 for international calls, at least 15 minutes prior to the start time [2] - A live webcast of the call will be available on the SPS Commerce investor relations website [2] Group 3: Company Overview - SPS Commerce is a leader in retail supply chain cloud services, connecting trading partners globally to optimize supply chain operations [3] - The company supports over 50,000 recurring revenue customers across various sectors including retail, grocery, distribution, and logistics [3] - SPS Commerce has achieved 97 consecutive quarters of revenue growth and is headquartered in Minneapolis [3]

Company Overview - SPS Commerce, Inc. is a leader in retail supply chain cloud services, connecting trading partners globally to optimize supply chain operations for retail partners [2] - The company supports over 50,000 recurring revenue customers across various sectors including retail, grocery, distribution, supply, manufacturing, and logistics [2] - SPS Commerce has achieved 97 consecutive quarters of revenue growth, indicating strong financial performance [2] Upcoming Events - Management will present at the 1st Annual D.A. Davidson Technology & Consumer Conference on June 10, 2025, at 2:40 PM C.T. [1] - A webcast of the presentation will be available on the company's investor relations website [1]

Core Insights - SPS Commerce reported a 21% increase in revenue for Q1 2025, reaching $181.5 million compared to $149.6 million in Q1 2024, marking the 97th consecutive quarter of revenue growth [1][6][10] - Recurring revenue grew by 23% year-over-year, indicating strong demand for the company's cloud services in retail supply chain management [1][6] - The company maintains a positive outlook for the full year 2025, expecting revenue growth of 19% to 20% compared to 2024, with projected revenue between $758.5 million and $763.0 million [7][10] Financial Performance - Net income for Q1 2025 was $22.2 million, or $0.58 per diluted share, up from $18.0 million, or $0.48 per diluted share in Q1 2024 [6][23] - Non-GAAP income per diluted share increased to $1.00 from $0.86 in the same period last year [6][29] - Adjusted EBITDA rose by 22% to $54.4 million, reflecting strong operational performance [6][28] Market Position - SPS Commerce operates a network of over 50,000 suppliers and logistics companies, positioning itself uniquely in a total addressable market of $11 billion [3][10] - The company's solutions are designed to enhance collaboration across the global retail supply chain, underscoring the critical nature of its services [3][10] Guidance - For Q2 2025, revenue is expected to be between $184.5 million and $186.2 million, representing a year-over-year growth of 20% to 21% [7] - Full-year guidance includes a net income per diluted share forecast of $2.06 to $2.13, with non-GAAP income per diluted share expected to be between $3.86 and $3.93 [7]

Company Overview - SPS Commerce, Inc. is a leader in retail supply chain cloud services, connecting trading partners globally to optimize supply chain operations for retail partners [3] - The company supports over 45,000 recurring revenue customers across various sectors including retail, grocery, distribution, supply, manufacturing, and logistics [3] - SPS Commerce has achieved 96 consecutive quarters of revenue growth, indicating strong financial performance [3] Upcoming Financial Results - SPS Commerce will issue its financial results for the first quarter ended March 31, 2025, after the market close on April 24, 2025 [1] - A conference call to discuss the results will be held at 3:30 p.m. Central Time on the same day [1] Accessing the Conference Call - Interested parties can access the call by dialing 1-833-816-1382 within the U.S. or 1-412-317-0475 from outside the U.S. [2] - A live webcast of the call will be available on the company's investor relations website [2]

Core Insights - SPS Commerce, Inc. has released its inaugural 2024 Environmental, Social, and Governance (ESG) Report, emphasizing its commitment to sustainability, ethical practices, and social responsibility [1][3] - The report highlights significant advancements in governance, employee experience, community engagement, and environmental stewardship [1][3] Governance & Ethics - The company has strengthened corporate policies to enhance ESG oversight and cybersecurity safeguards [7] Employee Experience - SPS Commerce has expanded its Belonging@SPS initiative, focusing on fostering connection and community across teams, along with enhanced leadership development programs [7] Community Impact - The SPS Foundation has made over $2.5 million in donations, focusing on education and workforce development to drive social impact [7] Environmental Responsibility - The company has completed greenhouse gas (GHG) inventories to better understand its carbon footprint [7] Sustainable Operations - SPS Commerce prioritizes cloud-based infrastructure, with 95% of its IT operations now in energy-efficient data centers powered by renewable energy [7]