SPSC (SPS Commerce) Cash per Share: $4.78 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPSC SPS Commerce Inc SPSC
86 GF Score
Price $79.72
GF Value $181.48
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is SPS Commerce Cash per Share?

SPS Commerce SPSC -1.34% 86 Cash per Share is $4.78 as of Jun. 2026. GuruFocus rates SPSC with a GF Score™ of 86/100 and a GF Value™ of $181.48 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). SPS Commerce's Cash per Share for the quarter that ended in Jun. 2026 was $4.78.

SPS Commerce  (NAS:SPSC) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

SPS Commerce Cash per Share Related Terms

SPS Commerce Cash per Share Historical Data

* Premium members only.

The historical data trend for SPS Commerce's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SPS Commerce Cash per Share Chart

SPS Commerce Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.15 5.93 7.48 6.40 4.03

SPS Commerce Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 3.54 4.03 4.18 4.78
SPSC
86GF Score
SPS Commerce Inc SPSC
Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPS Commerce Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

SPS Commerce's Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=151.355/37.5
=4.03

SPS Commerce's Cash per Share for the quarter that ended in Jun. 2026 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=173.167/36.2
=4.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash per Share →
What does a Cash per Share of $4.78 mean?
SPS Commerce (SPSC) has a Cash per Share of $4.78 as of Jun. 2026. Cash per share is the per-share value of a company's available cash. View historical data for SPS Commerce and its competitors.
Is SPS Commerce's Cash per Share too high?
SPS Commerce's current Cash per Share is $4.78. Overall, SPS Commerce has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPS Commerce's Cash per Share compare to PLUS and PDFS?
SPS Commerce's Cash per Share of $4.78 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash per Share for a Software company?
A good Cash per Share depends on the Software industry context. However, Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash per Share mean?
A high Cash per Share can signal that a stock is expensive relative to its fundamentals. Cash per share is the per-share value of a company's available cash. View historical data for SPS Commerce and its competitors. SPS Commerce's current Cash per Share is $4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPS Commerce stock overvalued right now?
Based on GuruFocus' analysis, SPS Commerce (SPSC) is currently considered Significantly Undervalued. The stock's GF Value™ is $181.48, compared to a current price of $79.72 — trading 56.1% below its estimated fair value. The current Cash per Share is $4.78. SPS Commerce's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash per Share calculated?
Cash per Share is calculated from a company's financial statements. For SPS Commerce (SPSC), the current Cash per Share is $4.78 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SPS Commerce (SPSC) Overvalued in 2026?

Based on GuruFocus' analysis, SPS Commerce stock appears to be undervalued. The current stock price of $79.72 is trading 56.1% below its estimated GF Value™ of $181.48. GuruFocus considers SPS Commerce to be Significantly Undervalued.

Key valuation signals for SPSC:

  • Cash per Share: $4.78
  • GF Value™: $181.48 vs. price of $79.72 (56.1% below fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the SPSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SPS Commerce Business Description

Other Exchanges 1SPSC:ItalyS86:Germany
Address 333 South Seventh Street, Suite 1000, Minneapolis, MN, USA, 55402
SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. The company has one operating segment Supply Chain Management Solutions, that derives revenues from customers by providing access to cloud-based supply chain management services, primarily under subscription-based service arrangements.
86GF Score

Get the complete analysis for SPSC

Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$79.72
Price
$181.48
GF Value