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SPS CommerceSTU:S86 +3.43%83 EBITDA Margin % is 23.96% as of Jun. 2026, which is 16% above its 10-year median of 20.66. GuruFocus rates STU:S86 with a GF Score™ of 83/100 and a GF Value™ of €154.21 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,825 Software companies, SPS Commerce ranks better than 81.77% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. SPS Commerce's EBITDA for the
three
months ended in Jun. 2026 was €41.1 Mil. SPS Commerce's Revenue for the
three
months ended in Jun. 2026 was €171.7 Mil. Therefore, SPS Commerce's EBITDA margin for the quarter that ended in Jun. 2026 was 23.96%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
SPS Commerce EBITDA Margin % Related Terms
SPS Commerce EBITDA Margin % Historical Data
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The historical data trend for SPS Commerce's EBITDA Margin % 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.
STU:S86 vs PLUS, PDFS, INTA: EBITDA Margin % Comparison
For the Software - Application subindustry, SPS Commerce's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SPS Commerce EBITDA Margin % vs Software Industry
For the Software industry and Technology sector, SPS Commerce's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where SPS Commerce's EBITDA Margin % falls into.
* 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 (STU:S86) has a EBITDA Margin % of 23.96% as of Jun. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SPS Commerce and its competitors. This is 16% above median its historical median of 20.66. Over the past decade, SPS Commerce's EBITDA Margin % has ranged from 9.17 to 23.72. According to the industry distribution chart, SPS Commerce ranks #515 out of 2825 companies in the Software industry, placing it in the top 18.2%.
Is SPS Commerce's EBITDA Margin % too high?
SPS Commerce's current EBITDA Margin % of 23.96% is 16% above median its 10-year median of 20.66. Over the past 10 years, this metric has ranged from a low of 9.17 to a high of 23.72. The Software industry median EBITDA Margin % is 8.16. SPS Commerce's value of 23.96% is 193.6% above this industry median. Based on the distribution chart, SPS Commerce ranks #515 out of 2825 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, SPS Commerce has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPS Commerce's EBITDA Margin % compare to PLUS and PDFS?
According to the Software industry distribution chart, SPS Commerce ranks #515 out of 2825 companies for EBITDA Margin %. This places SPS Commerce in the top 18% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.16. SPS Commerce's value of 23.96% is 193.6% above this benchmark. Historically, SPS Commerce's own EBITDA Margin % has ranged from 9.17 to 23.72 over the past decade. While the company's 10-year median is 20.66 vs. the industry median of 8.16, SPS Commerce has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.16, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPS Commerce's current EBITDA Margin % of 23.96% is 193.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SPS Commerce and its competitors. For the Software industry, the median EBITDA Margin % is 8.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPS Commerce's current EBITDA Margin % is 23.96%, which is 16% above median its own 10-year median of 20.66. 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 (STU:S86) is currently considered Significantly Undervalued. The stock's GF Value™ is €154.21, compared to a current price of €68.66 — trading 55.5% below its estimated fair value. The current EBITDA Margin % is 23.96%, which is 16% above median its 10-year median of 20.66 and 193.6% above the Software industry median of 8.16. SPS Commerce's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For SPS Commerce (STU:S86), the current EBITDA Margin % is 23.96% 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 (STU:S86) Overvalued in 2026?
Based on GuruFocus' analysis, SPS Commerce stock appears to be undervalued.
The current stock price of €68.66 is trading 55.5% below its estimated GF Value™ of €154.21.
GuruFocus considers SPS Commerce to be Significantly Undervalued.
Key valuation signals for STU:S86:
EBITDA Margin %: 23.96% (16% above median its 10-year median of 20.66)
GF Value™: €154.21 vs. price of €68.66 (55.5% below fair value)
Industry Position: 193.6% above the Software median (#515 of 2825)
No single metric tells the full story. See the STU:S86 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
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