SPS Commerce, Inc. (SPSC) financial statements (2021 and earlier)

Company profile

Business Address 333 SOUTH SEVENTH STREET
MINNEAPOLIS, MN 55402
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments187261226215214201199
Cash and cash equivalents150209175184179150147
Short-term investments38525130345152
Receivables34303430322931
Deferred costs38373636353535
Other current assets129891188
Total current assets:271337304290292274273
Noncurrent Assets
Operating lease, right-of-use asset161415151614 
Property, plant and equipment26252624242121
Long-term investments and receivables328    
Long-term investments328    
Intangible assets, net (including goodwill)19595969510010091
Goodwill135777674777670
Intangible assets, net (excluding goodwill)60192021232420
Deferred costs13121111121110
Deferred income tax assets001 1  
Other noncurrent assets3222332
Other undisclosed noncurrent assets   21522
Total noncurrent assets:255151158150156153146
TOTAL ASSETS:526488462440447427419
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities39302623332725
Accounts payable5545444
Accrued liabilities11655655
Employee-related liabilities23191713221816
Deferred revenue383636353130 
Debt   443 
Contract with customer, liability30
Other undisclosed current liabilities344   3
Total current liabilities:80706762686158
Noncurrent Liabilities
Long-term debt and lease obligation201718192016 
Operating lease, liability201718192016 
Liabilities, other than long-term debt6643345
Deferred revenue333333 
Contract with customer, liability3
Deferred tax liabilities, net1
Deferred income tax liabilities331    
Other liabilities    011
Other undisclosed noncurrent liabilities   11117
Total noncurrent liabilities:26222223252122
Total liabilities:106938885938280
Stockholders' equity
Stockholders' equity attributable to parent421395373355355345338
Common stock0000000
Treasury stock, value(65)(65)(65)(58)(46)(41)(35)
Additional paid in capital393383374362354349344
Accumulated other comprehensive loss(1)(3)(4)(6)(2)(3)(2)
Retained earnings93806957494031
Total stockholders' equity:421395373355355345338
TOTAL LIABILITIES AND EQUITY:526488462440447427419

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues83807674737169
Cost of revenue(27)(25)(24)(24)(24)(23)(24)
Gross profit:56555151494845
Operating expenses(43)(41)(40)(39)(38)(37)(35)
Operating income:1414111211119
Nonoperating income (expense)101(1)111
Other nonoperating income (expense)101(1)0(0)0
Income from continuing operations before income taxes:15141311121211
Income tax expense(1)(3)(1)(1)(3)(3)(2)
Net income available to common stockholders, diluted:13111110999

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:13111110999
Other comprehensive income (loss)212(4)1(1)0
Comprehensive income:15121361089
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)(0)(0)(0)(0)(0)0
Comprehensive income, net of tax, attributable to parent:15121361089

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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