SPS COMMERCE, INC. (SPSC) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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SPS COMMERCE, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $26,593,000.00Stock-based compensation → Operating adjustments reconciliation: $36,769,000.00Loss on sale of business → Operating adjustments reconciliation: $23,454,000.00Amortization of intangible assets → Operating adjustments reconciliation: $18,701,000.00Depreciation and amortization of property and equipment → Operating adjustments reconciliation: $11,984,000.00Other assets and liabilities → Operating adjustments reconciliation: $11,871,000.00Deferred revenue → Operating adjustments reconciliation: $5,087,000.00Provision for credit losses → Operating adjustments reconciliation: $4,621,000.00Deferred costs → Operating adjustments reconciliation: $2,797,000.00Accrued expenses → Operating adjustments reconciliation: $1,419,000.00Operating adjustments reconciliation → Net cash from operating activities: $95,066,000.00Operating adjustments reconciliation → Accrued compensation: $9,551,000.00Operating adjustments reconciliation → Deferred income taxes: $4,412,000.00Operating adjustments reconciliation → Accounts payable: $3,236,000.00Operating adjustments reconciliation → Accounts receivable: $2,139,000.00Operating adjustments reconciliation → Other, net: $1,445,000.00Operating adjustments reconciliation → Operating leases: $854,000.00Proceeds from sale, net → investing reconciliation: $8,768,000.00Net cash used in investing activities → investing reconciliation: $6,970,000.00investing reconciliation → Purchases of property and equipment: $15,738,000.00Net cash used in financing activities → financing reconciliation: $93,171,000.00Net proceeds from employee stock purchase plan activity → financing reconciliation: $4,321,000.00Net proceeds from exercise of options to purchase common stock → financing reconciliation: $866,000.00financing reconciliation → Repurchases of common stock: $98,358,000.00Exchange-rate effect → Cash sources and uses: $294,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $151,355,000.00Net cash from operating activities → Cash sources and uses: $121,659,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $173,167,000.00Cash sources and uses → Net cash used in investing activities: $6,970,000.00Cash sources and uses → Net cash used in financing activities: $93,171,000.00Net income: $26,593,000.00Net income+$26.59 MDeferred income taxes: -$4,412,000.00Deferred income taxes−$4.41 MDepreciation and amortization of property and equipment: $11,984,000.00Depreciation & amortization+$11.98 MAmortization of intangible assets: $18,701,000.00Intangible amortization+$18.70 MProvision for credit losses: $4,621,000.00Credit loss provision+$4.62 MStock-based compensation: $36,769,000.00Stock-based compensation+$36.77 MOther, net: -$1,445,000.00Other non-cash items−$1.45 MAccounts receivable: -$2,139,000.00Accounts receivable−$2.14 MDeferred costs: $2,797,000.00Deferred costs+$2.80 MOther assets and liabilities: $11,871,000.00Other working capital, net+$11.87 MAccounts payable: -$3,236,000.00Accounts payable−$3.24 MAccrued compensation: -$9,551,000.00Accrued compensation−$9.55 MAccrued expenses: $1,419,000.00Accrued liabilities+$1.42 MDeferred revenue: $5,087,000.00Deferred revenue+$5.09 MOperating leases: -$854,000.00Operating leases−$854.00 KLoss on sale of business: $23,454,000.00Business sale gain & loss+$23.45 MNet cash from operating activities: $121,659,000.00Operating cash+$121.66 MOperating adjustments reconciliation: $116,703,000.00Repurchases of common stock: -$98,358,000.00Common stock repurchases−$98.36 MNet proceeds from exercise of options to purchase common stock: $866,000.00Stock option exercises+$866.00 KNet proceeds from employee stock purchase plan activity: $4,321,000.00Stock plan proceeds+$4.32 MNet cash used in financing activities: -$93,171,000.00. Cash required to fund net payments.Financing cash−$93.17 Mfinancing reconciliation: $98,358,000.00Purchases of property and equipment: -$15,738,000.00PP&E purchases−$15.74 MAcquisition of business, net: $0.00Proceeds from sale, net: $8,768,000.00Business sales, net of cash+$8.77 MNet cash used in investing activities: -$6,970,000.00. Cash required to fund net payments.Investing cash−$6.97 Minvesting reconciliation: $15,738,000.00Cash sources and uses: $273,308,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $151,355,000.00Beginning cash$151.36 MEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $173,167,000.00Ending cash$173.17 MExchange-rate effect: $294,000.00FX effect+$294.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$105.92 MOperating cash − cash spent on PP&ECash flow / Net income4.57×Operating cash flow ÷ net incomeNet cash change+$21.81 MEnding cash − beginning cash
Chart details

SPS COMMERCE, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
151,355,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
121,659,000 US dollars. Net cash provided.
Net income
26,593,000 US dollars
Deferred income taxes
negative 4,412,000 US dollars
Depreciation and amortization of property and equipment
11,984,000 US dollars
Amortization of intangible assets
18,701,000 US dollars
Provision for credit losses
4,621,000 US dollars
Stock-based compensation
36,769,000 US dollars
Other, net
negative 1,445,000 US dollars
Accounts receivable
negative 2,139,000 US dollars
Deferred costs
2,797,000 US dollars
Other assets and liabilities
11,871,000 US dollars
Accounts payable
negative 3,236,000 US dollars
Accrued compensation
negative 9,551,000 US dollars
Accrued expenses
1,419,000 US dollars
Deferred revenue
5,087,000 US dollars
Operating leases
negative 854,000 US dollars
Loss on sale of business
23,454,000 US dollars
Investing activities
negative 6,970,000 US dollars. Net cash used.
Purchases of property and equipment
negative 15,738,000 US dollars
Acquisition of business, net
0 US dollars
Proceeds from sale, net
8,768,000 US dollars
Financing activities
negative 93,171,000 US dollars. Net cash used.
Repurchases of common stock
negative 98,358,000 US dollars
Net proceeds from exercise of options to purchase common stock
866,000 US dollars
Net proceeds from employee stock purchase plan activity
4,321,000 US dollars
Operating adjustment reconciliation
116,703,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
98,358,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
15,738,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
294,000 US dollars
Ending cash on Jun 30, 2026
173,167,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
273,308,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
21,812,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
4.57×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
121,659,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
15,738,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
105,921,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $95.07M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 121,659,000 US dollars minus 15,738,000 US dollars equals 105,921,000 US dollars.
SPS COMMERCE, INC. (SPSC) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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