Evidence method
Level · gp.fundamentals.capex_revenue_ratio
3.72% · OPTIONAL · VALID
GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME
SPSC · Mar 31, 2026
SPS COMMERCE INC. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.
STATE CAPABILITYLEVEL 3[email protected]
Inspectable configuration
State dimensions
Filing0001092699-26-000043General Corporate
Evidence method
Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
28.96% · OPTIONAL · VALID
Evidence method
Yoy · gp.fundamentals.revenue
5.82% · CORE · NOT_ENOUGH_HISTORY
Evidence method
Level · gp.fundamentals.gross_margin
69.18% · CORE · VALID
Evidence method
Level · gp.fundamentals.operating_margin
12.78% · CORE · VALID
Evidence method
Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
9.33% · OPTIONAL · VALID
Evidence method
Level · gp.fundamentals.sbc_revenue_ratio
9.41% · OPTIONAL · VALID
As-filed lineage
Fundamental state history
Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History11 statesHistory building
Dec 31, 20230/6 normalizedLevel 3Mar 31, 20240/6 normalizedLevel 3Jun 30, 20240/6 normalizedLevel 3Sep 30, 20240/6 normalizedLevel 3Dec 31, 20240/7 normalizedLevel 3Mar 31, 20250/7 normalizedLevel 3Jun 30, 20250/7 normalizedLevel 3Sep 30, 20250/7 normalizedLevel 3Dec 31, 20256/7 normalizedLevel 3Mar 31, 20266/7 normalizedLevel 3Jun 30, 20266/7 normalizedLevel 3
Period transition
What moved in the state?
- Previous
- 3.53%
- Current
- 3.72%
- Delta
- 0.19%
- Previous
- 23.79%
- Current
- 28.96%
- Delta
- 5.16%
- Previous
- 17.83%
- Current
- 5.82%
- Delta
- -12.01%
- Previous
- 69.18%
- Current
- 69.18%
- Delta
- -0.00%
- Previous
- 15.74%
- Current
- 12.78%
- Delta
- -2.96%
- Previous
- 9.14%
- Current
- 9.33%
- Delta
- 0.19%
- Previous
- 7.15%
- Current
- 9.41%
- Delta
- 2.26%
Self-history only
Previous similar states
Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research
Has State · SPS COMMERCE INC →Transitioned To · SPSC Fundamental State →Transitioned To · SPSC CAPEX_INTENSITY_INCREASED →Transitioned To · SPSC CASH_GENERATION_INCREASED →Transitioned To · SPSC GROWTH_DECREASED →Transitioned To · SPSC MARGIN_DECREASED →Transitioned To · SPSC PROFITABILITY_DECREASED →Transitioned To · SPSC R_AND_D_INTENSITY_INCREASED →Transitioned To · SPSC SBC_INTENSITY_INCREASED →
Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.