Earnings Releases·Oct 29, 2026, 4:09 PM ET

SPS Commerce — Q3 2026 Earnings Summary

Q3 2026 revenue reached $197.6 million (up 4% YoY), while net income rose to $30.7 million ($0.85/share) and Adjusted EBITDA increased 17% to $70.9 million, driven by margin expansion to 36%.
Full-year 2026 guidance projects revenue of $786.9–$788.9 million (~5% growth) and Adjusted EBITDA of $267.4–$269.4 million (34% margin midpoint), factoring in a $10.5 million revenue reduction from the Q2 2026 divestiture of the 3P Revenue Recovery business.
The company executed $48.8 million in share repurchases during Q3 2026 and highlighted progress on its "agentic strategy," which is delivering efficiency gains and exceeding onboarding expectations.
Q4 2026 outlook forecasts revenue of $199.3–$201.3 million, net income of $0.74–$0.79 per diluted share, and Adjusted EBITDA of $72.0–$74.0 million.