Stock Ratings / Technology / SPSC / dividends

CLBT (73) INTA (49) TDC (57) VIA (39) ⌘ Pro Terminal →

SPS Commerce Inc. (SPSC) Dividend Safety Gauge & 10-Year DRIP Compounder

$85.78 +0.22% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $86.02

SPS Commerce Inc. (SPSC) earns a Roarable Rating of B (Buy) with 74/100 RQD Confidence. High-quality cash engine (69% profit margin, 11% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

📊 Historical Track Record: Scores of 74/100 (B) historically ranked in the Top 12% of excess returns over the next 90 days (+7.3% avg 90D alpha vs SPY • 69.4% hit rate) →

ROARABLE B • BUY Cap $3.09B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $86.02 (+0.28%)🧬 Cannibal Buyback (-1.80% YoY Shares)⚙️ Cash Engine: 15/20 (B) • 20.3% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 74/100 (B) historically ranked in the Top 12% of excess returns over the next 90 days (+7.3% avg 90D alpha vs SPY • 69.4% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERBUY • B

3-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B · Rk B+

Each axis scored 0–20

12M PRICE TARGET CONE+7.2% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for SPSC)Realized 20D OHLCV Swing Band: ±7.6%

Deterministic 5-Pillar Attribution (74/100 Composite)

🔍 WHY SPSC SCORES 74/100 (B) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (22% of score)

Altman Z-Score 11.13 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 8/9

▲ #2 Bullish Driver: Cash Engine Quality+15/20 pts (20% of score)

SEC XBRL FY 2025 (10-K): 20.3% FCF Margin ($152.3M FCF) & 69.2% Gross Margin

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution14/20 pts (-6 pt drag)

Cannibal Buyback (-1.80% YoY Shares) & executive Form 4 sales trim 6 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade B-$84.59+0.8% Next Q

Q2 (-2Q)

Grade B-$85.25+8.7% Next Q

Q3 (-1Q)

Grade B$92.63-7.4% Next Q

Current

Grade B$85.78+7.3% Hist 90D α

Trajectory: B- (66) → B (74)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the SPSC Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 74/100 (B) score, SPSC faces multiple-compression risk if 33.1x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-1.80% YoY Shares) — any gross margin slip below 66.7% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($83.38) or 200D SMA ($68.08) invalidates the momentum regime and cuts Target Base ($91.96) toward Bear Floor ($70.34).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $SPSC• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “SPSC Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 74%NO 26%Trade / Inspect Odds →

CASH DIVIDEND + BUYBACK YIELD

1.8% Total Yield

0% Cash ($0.00/yr) + 1.8% Buybacks

PAYOUT SAFETY SPEEDOMETER

74/100 • REINVESTING IN GROWTH + BUYBACKS

FREE CASH FLOW PAYOUT RATIO

0% (100% Reinvested)

Retains cash flow for R&D and share repurchases

INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (11.6% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $29,967

Est. Year-10 Shareholder Yield: $539/yr

Starting Investment: $10,000

Compounding Horizon: 10 Years

$11.2K

Yr 1

$12.5K

Yr 2

$13.9K

Yr 3

$15.5K

Yr 4

$17.3K

Yr 5

$19.3K

Yr 6

$21.6K

Yr 7

$24.1K

Yr 8

$26.9K

Yr 9

$30.0K

Yr 10

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher + Cash-Flow & Quality Compounder Desk

Cash-Fortress Compounders: Auditing Free Cash Flow & Yield Safety in SPSC & A-Rated Leaders

✓12-month Bull/Base/Bear fair-value walkthrough on SPSC and its top sector peer
✓Top Roarable A-Rated cash compounders with verified executive & 13F accumulation
✓Includes nightly RQD rating-change & forensic signal email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

SPSC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +52.85%▲ ASCENDING CHANNEL

2026-10-30O $85.78H $86.14L $80.87C $85.78VOL 659.4K

RES: $101.0SUP: $72.71SMA50: $83.38SMA200: $68.08

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

SPSC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 SPSC Butterfly Map → + Track SPSC →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

25.6%/yr Implied 5Y Growth

vs. +17.8% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on SPSC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for SPSC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for SPSC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (SPSC)

Technology Rank #58 of 714 ⚔️ CLBT vs SPSC Full Matrix →

1. Head-to-Head Technology Peer Comparison (SPSC vs. CLBT, INTA, TDC, VIA)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, SPS Commerce Inc. (SPSC) ranks #58 by composite RQD confidence (74/100, grade B) and #251 by equity capitalization ($3.09B). Within this direct 5-issuer industry benchmark cohort, TDC leads on earnings valuation at 24.8x trailing P/E, while TDC leads on capital efficiency and profitability with 85.0% ROIC and 59.4% gross margin. SPSC currently leads its immediate peer cohort in composite quantitative strength at 74/100 (B).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
SPSC ACTIVE SPS Commerce Inc.	B	74/100	33.1x	69.2%	11.4%	+0.22%	$3.09B	Benchmark Subject
CLBT Cellebrite DI Ltd.	B	73/100	39.4x	84.2%	14.6%	+3.02%	$3.09B	/clbt-vs-spsc →
INTA Intapp Inc.	D	49/100	—	74.0%	-9.9%	-3.07%	$3.00B	/inta-vs-spsc →
TDC Teradata Corporation	D+	57/100	24.8x	59.4%	85.0%	+0.76%	$3.22B	/tdc-vs-spsc →
VIA Via Transportation Inc. (Class A)	D-	39/100	—	39.6%	-23.6%	-1.04%	$2.94B	/via-vs-spsc →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001092699

In its most recent audited fiscal period (FY2025, filed 2025-12-31), SPS Commerce Inc. (SPSC) reported GAAP revenue of $751.5M (+17.8% vs. FY2024 revenue of $637.8M , and +40.0% cumulative change since FY2023) , GAAP net income of $93.3M, operating cash flow of $178.8M, and free cash flow of $152.3M (+10.9% YoY). On the balance sheet, SPSC closed FY2025 with $1.17B in total assets against $0 in total debt (Altman Z-Score: 11.13, Piotroski F-Score: 8/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$751.5M	$93.3M	$178.8M	$152.3M	$1.17B	—
FY2024 (FY)	2024-12-31	$637.8M	$77.1M	$157.4M	$137.4M	$1.03B	—
FY2023 (FY)	2023-12-31	$536.9M	$65.8M	$132.3M	$132.3M	—	—

3. SPSC Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is SPSC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, SPS Commerce Inc. (NASDAQ: SPSC) is rated B (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 74/100 at a spot price of $85.78 (+0.22% 1D, market cap $3.09B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 14/20, Executive Insider Alignment 16/20, FRED Macro Regime Fit 15/20, and SEC Balance-Sheet Forensics 14/20. Across 714 tracked Technology issuers, SPSC ranks #58 in composite RQD confidence.

How does SPSC compare to CLBT and INTA in the Technology sector?

Within the Technology sector (Computer Software: Prepackaged Software), SPSC carries a Roarable B (74/100 RQD), trailing P/E of 33.1x, gross margin of 69.2%, and ROIC of 11.4%. By comparison, CLBT (Cellebrite DI Ltd.) holds a B grade (73/100 RQD, P/E 39.4x, ROIC 14.6%, cap $3.09B) and INTA (Intapp Inc.) posts a D grade (49/100 RQD, P/E N/A, ROIC -9.9%, cap $3.00B). Among the 5-stock peer group, TDC leads on earnings multiple (24.8x) while TDC leads on capital efficiency (85.0% ROIC).

What are the biggest fundamental strengths and SEC risk factors for SPSC?

Per SPSC's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001092699), SPS Commerce Inc. generated $751.5M in revenue (+17.8% YoY), $93.3M in net income, and $152.3M in free cash flow against $1.17B in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (69% profit margin)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is SPSC trading relative to its 50-day, 200-day, and 52-week technical levels?

SPSC last traded at $85.78 (+0.22% on volume of 704,423 shares), positioning the stock +2.88% above its 50-day simple moving average ($83.38) and +26.00% above its 200-day simple moving average ($68.08). Across its 52-week range of $49.04 to $96.54, SPSC sits at the 77.3% percentile with a 14-day RSI of 44.6 (NEUTRAL RANGE) and an implied next-earnings move of ±7.6% ($79.26 to $92.30).

SPSC Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Does SPSC pay a dividend and is it safe?

SPS Commerce Inc. (SPSC) offers a 0% cash dividend yield ($0.00 annualized) and 1.8% total shareholder yield including buybacks. Roarable rates its payout coverage as REINVESTING IN GROWTH + BUYBACKS.

Direct Sub-Reports: SPSC RQD Cockpit SPSC 12M Forecast SPSC Earnings & Move SPSC Dividends & DRIP SPSC Insiders & 13F SPSC Whale Options SPSC Profit Sankey SPSC News & Why