SPS Commerce (STU:S86) Selling, General, & Admin. Expense: €267.0 Mil (TTM As of Jun. 2026)

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STU:S86 SPS Commerce Inc STU:S86
81 GF Score
Price €68.66
GF Value €154.21
Valuation Significantly Undervalued
! 1 Warning Sign
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What is SPS Commerce Selling, General, & Admin. Expense?

SPS Commerce STU:S86 +3.43% 81 Selling, General, & Admin. Expense is €267.0 Mil as of Jun. 2026. GuruFocus rates STU:S86 with a GF Score™ of 81/100 and a GF Value™ of €154.21 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. SPS Commerce's selling, general, & admin. expense for the three months ended in Jun. 2026 was €69.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €267.0 Mil.


SPS Commerce  (STU:S86) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


SPS Commerce Selling, General, & Admin. Expense Related Terms


SPS Commerce Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for SPS Commerce's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

SPS Commerce Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.17 159.64 190.57 240.52 252.55

SPS Commerce Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 64.44 63.06 63.83 70.16 69.95

STU:S86 vs PLUS, PDFS, INTA: Selling, General, & Admin. Expense Comparison

For the Software - Application subindustry, SPS Commerce's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Software Industry

For the Software industry and Technology sector, SPS Commerce's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where SPS Commerce's Selling, General, & Admin. Expense falls into.


STU:S86
81GF Score
SPS Commerce Inc STU:S86
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SPS Commerce Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €267.0 Mil.

* 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.

What does a Selling, General, & Admin. Expense of €267.0 Mil mean?
SPS Commerce (STU:S86) has a Selling, General, & Admin. Expense of €267.0 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on SPS Commerce and its competitors.
Is SPS Commerce's Selling, General, & Admin. Expense too high?
SPS Commerce's current Selling, General, & Admin. Expense is €267.0 Mil. Overall, SPS Commerce has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPS Commerce's Selling, General, & Admin. Expense compare to PLUS and PDFS?
SPS Commerce's Selling, General, & Admin. Expense of €267.0 Mil 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 Selling, General, & Admin. Expense for a Software company?
A good Selling, General, & Admin. Expense depends on the Software industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on SPS Commerce and its competitors. SPS Commerce's current Selling, General, & Admin. Expense is €267.0 Mil. 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 Selling, General, & Admin. Expense is €267.0 Mil. SPS Commerce's overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For SPS Commerce (STU:S86), the current Selling, General, & Admin. Expense is €267.0 Mil 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:

  • Selling, General, & Admin. Expense: €267.0 Mil
  • GF Value™: €154.21 vs. price of €68.66 (55.5% below fair value)
  • GF Score™: 81/100 with 1 warning sign

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 Business Description

Other Exchanges SPSC:USA1SPSC:Italy
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.
81GF Score

Get the complete analysis for STU:S86

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€68.66
Price
€154.21
GF Value