SPS Commerce cash surges 63% to $154M; operating cash flow up 39% in Q1 2026

Filed April 30, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 24, 2025 · ~1 min read

Key Changes

• high

  Cash and cash equivalents jumped 63% year-over-year to $154.3 million as of March 31, 2026, up from $94.9 million in the prior year, reflecting strong liquidity generation.

  MD&A: Liquidity verify on EDGAR →
• high

  Operating cash flow increased 39% to $55.6 million in Q1 2026 from $40.0 million in Q1 2025, driven by higher net income and favorable working capital timing.

  MD&A: Cash Flows verify on EDGAR →
• medium

  Company implemented new enterprise systems for HR and payroll in December 2025, materially changing internal controls over financial reporting during Q1 2026 integration.

  Controls and Procedures verify on EDGAR →