SPS Commerce Reports Q3 2025 Earnings with Revenue Growth and Challenges in Revenue Recovery
SPS Commerce (SPSC) reported Q3 2025 revenue growth of 16% to $189.9 million, driven by strong performance in its fulfillment business and customer acquisition. However, the company faced challenges in its revenue recovery segment, which underperformed by $3 million due to seasonality and changes in Amazon's inventory policies. The CEO highlighted progress in go-to-market strategies and ongoing momentum in cross-selling opportunities.
Tickers: $SPSC
Topics: Amazon policy business outlook earnings recurring revenue revenue growth seasonality