SPS COMMERCE, INC. — Cash Flow Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+13.1% +$5M
$46M
Free Cash Flow↑+11.3% +$4M
$38M
Investing Cash Flow↓-4918.2% -$145M
$-148M
Financing Cash Flow↓-161.6% -$24M
$-39M
Capex↑+23.1% +$1M
$8M
Acquisitions↓-100.0% -$523K
$0
Stock Buybacks
$25M
Stock-Based Comp↓-15.3% -$2M
$10M
D&A↑+22.8% +$1M
$6M
SBC Allocated Expense↓-15.3% -$2M
$10M
SBC Unrecognized Cost↑+22.2% +$19M
$102M