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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 182M | 6.2% |
| Gross Profit | 125M | 8.1% |
| Cost of Revenue | 57M | 2.4% |
| Operating expense | 99M | 8.9% |
| Net Income | 22M | 26.4% |
| EBITDA | 26M | 4.9% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 1.11B | 7.5% |
| Total Liabilities | 188M | 6.6% |
| Total Equity | 921M | 7.7% |
| Shares Outstanding | 38M | 0.8% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 40M | 1.4% |
| Cash from financing | -39M | 934% |
EPS
Financial Highlights for SPS Commerce in Q1 '25
SPS Commerce reported a revenue of 182M, which is a 6.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 125M, marking a 8.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 57M, a 2.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 99M, showing a 8.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 22M, showing a 26.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 26M, showing a 4.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for SPS Commerce with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
