SPS Commerce Q2 revenue beats estimates
SPSC•Outlook
- SPS Commerce sees Q3 2026 revenue between $196.3 mln and $198.3 mln
- Company expects full-year 2026 revenue between $788.4 mln and $793.4 mln
- Company expects divestiture to reduce H2 2026 revenue by $10.5 mln, neutral to EBITDA
Overview
- US supply chain software firm's Q2 revenue grew 6%, beating analyst expectations
- Q2 adjusted EBITDA rose 19% and beat analyst expectations
- Company repurchased $51.2 mln in shares during Q2
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $197.80 mln | $195.46 mln (10 Analysts) |
| Q2 Net Income | $6.90 mln | ||
| Q2 Adjusted EBITDA | Beat | $66.60 mln | $61.96 mln (9 Analysts) |
Analyst coverage
- The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"
- The average consensus recommendation for the software peer group is "buy"
- Wall Street's median 12-month price target for SPS Commerce Inc is $60.00, about 13.5% below its July 29 closing price of $69.40
