SPS COMMERCE, INC. (SPSC) Spending and interest coverage
- R&D / revenue · 12 months: Value 8.91%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 7.98%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 8.91% | Research and development expense / revenue. Period ending 2026-06-30. $68.84M ÷ $772.49M × 100 ≈ 8.91% |
| Stock-based compensation / revenue · 12 months | 7.98% | Share-based compensation / revenue. Period ending 2026-06-30. $61.63M ÷ $772.49M × 100 ≈ 7.98% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 68.84M USD | Research and Development Expense |
| Revenue | 772.49M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 61.63M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 98.85M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $68.84M | $772.49M | $61.63M | $98.85M | (m) | 8.91% | 7.98% | (m) | (m) |
| 2026-03-31 | $69.16M | $762.08M | $57.93M | $116.91M | (m) | 9.07% | 7.60% | (m) | (m) |
| 2025-12-31 | $68.68M | $751.50M | $53.73M | $118.30M | (m) | 9.14% | 7.15% | (m) | (m) |
| 2025-09-30 | $69.13M | $729.76M | $55.61M | $108.36M | (m) | 9.47% | 7.62% | (m) | (m) |
| 2025-06-30 | $67.14M | $703.54M | $51.91M | $102.74M | (m) | 9.54% | 7.38% | (m) | (m) |
| 2025-03-31 | $64.24M | $669.74M | $48.41M | $99.44M | (m) | 9.59% | 7.23% | (m) | (m) |
| 2024-12-31 | $62.81M | $637.76M | $54.56M | $88.88M | (m) | 9.85% | 8.55% | (m) | (m) |
| 2024-09-30 | $59.88M | $611.82M | $51.67M | $87.02M | (m) | 9.79% | 8.45% | (m) | (m) |
| 2024-06-30 | $58.15M | $583.80M | $52.36M | $82.05M | (m) | 9.96% | 8.97% | (m) | (m) |
| 2024-03-31 | $57.10M | $560.62M | $53.75M | $75.92M | (m) | 10.19% | 9.59% | (m) | (m) |
| 2023-12-31 | $53.65M | $536.91M | $45.51M | $77.25M | (m) | 9.99% | 8.48% | (m) | (m) |
| 2023-09-30 | $51.92M | $513.96M | $43.86M | $73.38M | (m) | 10.10% | 8.53% | (m) | (m) |
| 2023-06-30 | $49.49M | $492.79M | $40.38M | $72.47M | (m) | 10.04% | 8.20% | (m) | (m) |
| 2023-03-31 | $47.61M | $471.55M | $36.16M | $71.40M | (m) | 10.10% | 7.67% | (m) | (m) |
| 2022-12-31 | $45.75M | $450.88M | $33.40M | $71.18M | (m) | 10.15% | 7.41% | (m) | (m) |
| 2022-09-30 | $43.85M | $431.61M | $31.94M | $67.54M | (m) | 10.16% | 7.40% | (m) | (m) |
| 2022-06-30 | $43.57M | $415.01M | $30.83M | $61.37M | (m) | 10.50% | 7.43% | (m) | (m) |
| 2022-03-31 | $41.03M | $400.38M | $29.66M | $58.93M | (m) | 10.25% | 7.41% | (m) | (m) |
| 2021-12-31 | $39.04M | $385.28M | $27.57M | $55.09M | (m) | 10.13% | 7.16% | (m) | (m) |
| 2021-09-30 | $36.40M | $365.83M | $25.96M | $53.27M | (m) | 9.95% | 7.10% | (m) | (m) |
| 2021-06-30 | $33.59M | $347.50M | $24.01M | $53.70M | (m) | 9.67% | 6.91% | (m) | (m) |
| 2021-03-31 | $32.16M | $328.53M | $21.52M | $51.28M | (m) | 9.79% | 6.55% | (m) | (m) |
| 2020-12-31 | $31.02M | $312.63M | $18.94M | $50.16M | (m) | 9.92% | 6.06% | (m) | (m) |
| 2020-09-30 | $30.95M | $302.06M | $17.62M | $47.37M | (m) | 10.25% | 5.83% | (m) | (m) |
| 2020-06-30 | $30.64M | $293.43M | $15.87M | $44.34M | (m) | 10.44% | 5.41% | (m) | (m) |
| 2020-03-31 | $29.68M | $286.38M | $13.74M | $42.56M | (m) | 10.36% | 4.80% | (m) | (m) |
| 2019-12-31 | $28.30M | $279.12M | $14.69M | $38.41M | (m) | 10.14% | 5.26% | (m) | (m) |
| 2019-09-30 | $26.96M | $271.58M | $13.85M | $35.85M | (m) | 9.93% | 5.10% | (m) | (m) |
| 2019-06-30 | $24.36M | $263.52M | $13.97M | $33.17M | (m) | 9.25% | 5.30% | (m) | (m) |
| 2019-03-31 | $23.15M | $256.08M | $14.27M | $29.81M | (m) | 9.04% | 5.57% | (m) | (m) |
| 2018-12-31 | $22.09M | $248.24M | $12.51M | $26.73M | (m) | 8.90% | 5.04% | (m) | (m) |
| 2018-09-30 | $21.73M | $241.59M | $15.87M | $17.26M | (m) | 9.00% | 6.57% | (m) | (m) |
| 2018-06-30 | $23.13M | $234.78M | $14.95M | $12.36M | (m) | 9.85% | 6.37% | (m) | (m) |
| 2018-03-31 | $23.21M | $227.78M | $13.96M | $9.35M | (m) | 10.19% | 6.13% | (m) | (m) |
| 2017-12-31 | $23.18M | $220.57M | $12.73M | $8.43M | (m) | 10.51% | 5.77% | (m) | (m) |
| 2017-09-30 | $22.82M | $213.43M | $8.85M | $11.60M | (m) | 10.69% | 4.15% | (m) | (m) |
| 2017-06-30 | $21.84M | $206.56M | $8.52M | $11.43M | (m) | 10.58% | 4.12% | (m) | (m) |
| 2017-03-31 | $22.02M | $199.63M | $8.40M | $9.58M | (m) | 11.03% | 4.21% | (m) | (m) |
| 2016-12-31 | $21.98M | $193.29M | $8.02M | $7.52M | (m) | 11.37% | 4.15% | (m) | (m) |
| 2016-09-30 | $21.08M | $184.58M | $7.63M | $7.68M | (m) | 11.42% | 4.13% | (m) | (m) |
| 2016-06-30 | $20.00M | $175.65M | $7.22M | $7.27M | (m) | 11.39% | 4.11% | (m) | (m) |
| 2016-03-31 | $18.95M | $167.15M | $6.81M | $7.42M | (m) | 11.34% | 4.07% | (m) | (m) |
| 2015-12-31 | $17.95M | $158.52M | $6.38M | $7.02M | (m) | 11.33% | 4.02% | (m) | (m) |
| 2015-09-30 | $16.88M | $151.57M | $6.16M | $5.63M | (m) | 11.13% | 4.06% | (m) | (m) |
| 2015-06-30 | $15.72M | $143.72M | $5.84M | $4.72M | (m) | 10.94% | 4.07% | (m) | (m) |
| 2015-03-31 | $14.59M | $135.98M | $5.56M | $4.71M | (m) | 10.73% | 4.09% | (m) | (m) |
| 2014-12-31 | $13.49M | $127.95M | $5.40M | $4.38M | (m) | 10.55% | 4.22% | (m) | (m) |
| 2014-09-30 | $12.58M | $120.52M | $5.07M | $3.69M | (m) | 10.44% | 4.21% | (m) | (m) |
| 2014-06-30 | $12.05M | $115.02M | $4.87M | $2.71M | (m) | 10.48% | 4.23% | (m) | (m) |
| 2014-03-31 | $11.34M | $109.58M | $4.62M | $2.18M | (m) | 10.35% | 4.21% | (m) | (m) |
| 2013-12-31 | $10.87M | $104.39M | $4.20M | $1.77M | (m) | 10.41% | 4.03% | (m) | (m) |
| 2013-09-30 | $10.48M | $98.90M | $3.83M | $1.27M | (m) | 10.60% | 3.88% | (m) | (m) |
| 2013-06-30 | $9.76M | $92.16M | $3.46M | $1.04M | (m) | 10.59% | 3.76% | (m) | (m) |
| 2013-03-31 | $8.94M | $84.32M | $3.07M | $1.31M | (m) | 10.60% | 3.64% | (m) | (m) |
| 2012-12-31 | $8.17M | $77.11M | $2.75M | $1.57M | $27.00K | 10.59% | 3.57% | 58.22× | Reported |
| 2012-09-30 | $7.23M | $70.48M | $2.52M | $1.75M | (m) | 10.26% | 3.58% | (m) | (m) |
| 2012-06-30 | $6.75M | $65.74M | $2.30M | $1.88M | (m) | 10.26% | 3.49% | (m) | (m) |
| 2012-03-31 | $6.33M | $61.85M | $2.07M | $1.09M | (m) | 10.23% | 3.34% | (m) | (m) |
| 2011-12-31 | $5.84M | $57.97M | $1.77M | $1.14M | $0.00 | 10.07% | 3.05% | (m) | Reported |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-12-31 | $4.35M | $44.60M | $750.00K | $3.04M | $74.00K | 9.75% | 1.68% | 41.03× | Reported |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | $4.30M | $37.75M | $228.00K | $1.88M | $270.00K | 11.41% | 0.60% | 6.97× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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