Looking at the filing, I can see this is a Form 10-Q for SPS Commerce, Inc. for the quarterly period ended September 30, 2026. The ticker is SPSC on the Nasdaq Global Market. Let me compile the key figures from the filing carefully before writing the article.

SPS Commerce, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting third-quarter revenues of $197.6 million and net income of $30.7 million.

Key Highlights

  • Q3 2026 Revenue: The company reported revenues of $197,647 thousand for the three months ended September 30, 2026, compared to $189,904 thousand in the same period of 2025.
  • Q3 2026 Net Income: Net income for the quarter was $30,683 thousand, up from $25,569 thousand in Q3 2025.
  • Nine-Month Loss on Sale of Business: The company recorded a $23,454 thousand loss on sale of business in the nine months ended September 30, 2026, with no comparable charge in the prior-year period.
  • Share Repurchases: During Q3 2026, the company repurchased 684,495 shares of common stock at a cost of $51,233 thousand, including costs and excise tax.
  • Total Assets: Total assets as of September 30, 2026 were $1,132,598 thousand, down from $1,169,859 thousand at December 31, 2025.
  • Diluted EPS: Diluted net income per share was $0.85 for Q3 2026, compared to $0.67 for Q3 2025; for the nine months ended September 30, 2026, diluted EPS was $1.56, versus $1.77 in the prior-year period.
  • Shares Outstanding: As of October 22, 2026, there were 35,440,926 shares of common stock outstanding.

SPS Commerce Reports Q3 2026 Financial Results With a Year-to-Date Loss on Business Sale

According to the filing, SPS Commerce, Inc. (NASDAQ:SPSC) reported revenues of $197,647 thousand for the three months ended September 30, 2026, a rise from $189,904 thousand in Q3 2025. Gross profit for the quarter was $140,546 thousand, compared to $131,972 thousand in the year-earlier period. Income from operations reached $39,929 thousand in Q3 2026, up from $31,191 thousand in Q3 2025. The company reported net income of $30,683 thousand for the quarter, versus $25,569 thousand in Q3 2025.

For the nine months ended September 30, 2026, the filing disclosed revenues of $587,583 thousand versus $558,853 thousand in the comparable prior-year period. However, nine-month net income declined to $57,276 thousand from $67,498 thousand in the same period of 2025, which the filing attributes in part to a $23,454 thousand loss on the sale of a business recorded in the current-year nine-month period. General and administrative expenses for the nine months also rose to $103,851 thousand from $93,598 thousand in the prior-year period, according to the filing.

The condensed consolidated balance sheet as of September 30, 2026 showed total assets of $1,132,598 thousand and total stockholders' equity of $932,902 thousand, compared to $973,893 thousand at December 31, 2025. The filing indicates that treasury stock increased to $328,155 thousand from $177,949 thousand at year-end 2025, reflecting significant share repurchase activity during the nine-month period. Cash and cash equivalents stood at $153,818 thousand as of September 30, 2026, while goodwill was reported at $539,089 thousand.

What Was Disclosed

SPS Commerce filed its quarterly report covering the three and nine months ended September 30, 2026, disclosing revenue growth in Q3 but lower nine-month net income compared to 2025, a $23,454 thousand loss on sale of a business, active share repurchases, and total assets of approximately $1.1 billion.