SPS Commerce — Q3 2026 Earnings Summary

SPS Commerce reported third-quarter 2026 revenue of $197.6 million, representing a 4% increase over the prior year despite the divestiture of its 3P Revenue Recovery business. Net income for the quarter reached $30.7 million, or $0.85 per diluted share, while non-GAAP income rose to $50.2 million, or $1.39 per diluted share. Adjusted EBITDA increased 17% to $70.9 million, driven by margin expansion and operating leverage from agentic transformation initiatives. The company also announced share repurchases totaling $48.8 million during the quarter and provided full-year 2026 revenue guidance between $786.9 million and $788.9 million.