SPSC (SPS Commerce) Shares Buyback Ratio %: 4.57 (As of Aug. 29, 2026)

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SPSC SPS Commerce Inc SPSC
88 GF Score
Price $84.92
GF Value $181.89
Valuation Significantly Undervalued
! 1 Warning Sign
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What is SPS Commerce Shares Buyback Ratio %?

SPS Commerce SPSC +0.84% 88 Shares Buyback Ratio % is 4.57 as of Aug. 29, 2026. GuruFocus rates SPSC with a GF Score™ of 88/100 and a GF Value™ of $181.89 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. SPS Commerce's current shares buyback ratio was 4.57%.

SPS Commerce Shares Buyback Ratio % Related Terms

SPS Commerce Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for SPS Commerce's Shares Buyback Ratio % 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 Shares Buyback Ratio % Chart

SPS Commerce Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.47 -0.41 -1.83 -2.28 0.38

SPS Commerce Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shares Buyback Ratio % 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 0.19 0.51 0.57 1.52 2.04
SPSC
88GF Score
SPS Commerce Inc SPSC
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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SPS Commerce Shares Buyback Ratio % Calculation

SPS Commerce's Shares Buyback Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Dec. 2024 ) - Shares Outstanding (EOP) (A: Dec. 2025 )) / Shares Outstanding (EOP) (A: Dec. 2024 )
=(37.661 - 37.517) / 37.661
=0.38%

SPS Commerce's Shares Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2026 ) - Shares Outstanding (EOP) (A: Jun. 2026 )) / Shares Outstanding (EOP) (A: Mar. 2026 )
=(36.948 - 36.195) / 36.948
=2.04%

* 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 Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of 4.57 mean?
SPS Commerce (SPSC) has a Shares Buyback Ratio % of 4.57 as of Aug. 29, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on SPS Commerce and its competitors.
Is SPS Commerce's Shares Buyback Ratio % too high?
SPS Commerce's current Shares Buyback Ratio % is 4.57. Overall, SPS Commerce has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPS Commerce's Shares Buyback Ratio % compare to PLUS and PDFS?
SPS Commerce's Shares Buyback Ratio % of 4.57 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 Shares Buyback Ratio % for a Software company?
A good Shares Buyback Ratio % depends on the Software industry context. However, Shares Buyback Ratio % 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 Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on SPS Commerce and its competitors. SPS Commerce's current Shares Buyback Ratio % is 4.57. 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 $181.89, compared to a current price of $84.92 — trading 53.3% below its estimated fair value. The current Shares Buyback Ratio % is 4.57. SPS Commerce's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For SPS Commerce (SPSC), the current Shares Buyback Ratio % is 4.57 as of Aug. 29, 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 $84.92 is trading 53.3% below its estimated GF Value™ of $181.89. GuruFocus considers SPS Commerce to be Significantly Undervalued.

Key valuation signals for SPSC:

  • Shares Buyback Ratio %: 4.57
  • GF Value™: $181.89 vs. price of $84.92 (53.3% below fair value)
  • GF Score™: 88/100 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.
88GF Score

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Shares Buyback Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$84.92
Price
$181.89
GF Value