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Dividend Vision

SPSC Stock — SPS Commerce Inc.

SPS Commerce Inc. (SPSC)

Updated October 16, 2026.

SPSC is a Stock. Total return is 1153.7% over the past 16.5 years, 410.0 points ahead of SPY at 743.7%.

SPS Commerce provides cloud-based supply chain management solutions that connect retailers, brands, distributors, manufacturers, and logistics providers to streamline commerce operations; its platform offerings include order fulfillment automation, sell-through analytics, product assortment management, and supplier relationship tools. The company does not currently have an established distribution schedule. This business appeals primarily to growth-oriented technology investors rather than those seeking dividend income.

SPSC performance versus SPY

Price and return data through 2026-10-16.

Total return is 1153.7% over the past 16.5 years, 410.0 points ahead of SPY at 743.7%. Over the past year its total return — price change plus distributions reinvested — is -20.4%. Its deepest 1-year drawdown was 55.8%.

WindowTotal returnCAGR
1M5.7%—
3M29.7%—
6M50.8%—
YTD-4.3%—
1Y-20.4%—
2Y CAGR—-34.10%
3Y CAGR—-20.80%
5Y CAGR—-12.10%
10Y CAGR—9.30%
Since inception (16.5 years)1153.7%16.60%

SPSC key facts

Asset type
Stock
Asset class
Equity
Inception date
04/22/2010
Distribution frequency
None
Last close
$85.25 (as of 2026-10-16)
Market cap
$3,069,014,834
Average volume
465537.0
Beta
0.619
Payout ratio
0.0%
P/E ratio
41.59
Forward P/E
68.0272
EPS
$2.05

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SPSC risks and drawbacks

The deepest 1-year drawdown on record here is 55.8%.

Who may consider SPSC — and who may not

It is a weaker fit for investors who need monthly cash flow (SPSC does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on SPSC

Tagged: Technology.

Frequently asked questions

Does SPSC pay monthly?

No. SPSC does not currently distribute.

When does SPSC pay a dividend?

SPSC does not currently distribute.

How has SPSC performed?

Total return is 1153.7% over the past 16.5 years, 410.0 points ahead of SPY at 743.7%. Over the past year its total return — price change plus distributions reinvested — is -20.4%. Its deepest 1-year drawdown was 55.8%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.