SPS Commerce - Comprehensive Analysis Report

Summary

SPS Commerce, Inc. is a prominent technology and application software company headquartered in Minneapolis, Minnesota. It specializes in cloud-based supply chain management solutions, playing a crucial role in enabling seamless data exchange and collaboration across the global retail ecosystem. The company's mission is "to retail, we are the platform. To our customers, we are the experts. To the world, we are the standard." Its vision is "to be the world's leading retail network, where retail thrives by connecting people, processes, and technology." SPS Commerce is a public entity, having debuted on the NASDAQ global market in April 2010.

The company's significance in the industry stems from its extensive network, connecting over 120,000 trading partners globally, including retailers, suppliers, distributors, grocers, manufacturers, and logistics firms. This broad ecosystem facilitates universal collaboration at scale, streamlining data exchange for crucial processes like order fulfillment and inventory management.

1. Strategic Focus & Objectives

Core Objectives

SPS Commerce's strategic focus is centered on optimizing the global retail supply chain through its comprehensive cloud-based platform. Key objectives include:

• Enhancing collaboration between trading partners.

• Improving operational efficiency.

• Providing end-to-end data visibility across all channels.

• Delivering a full-service approach to manage the complexities of EDI and related processes for its customers.

Specialization Areas

The company specializes in:

• Electronic Data Interchange (EDI) solutions.

• Supply chain automation.

• Data analytics and actionable insights.

• Fulfillment solutions for managing orders and logistics across all sales channels.

• Assortment management for product information sharing.

• Community management for its network of trading partners.

SPS Commerce's unique value proposition is its extensive retail network, coupled with a comprehensive full-service model and robust cloud-based architecture. This creates significant barriers to entry for rivals as the network effect strengthens with each new participant. The company also offers a "no-code" architecture, allowing for rapid adaptation to changing business needs.

Target Markets

SPS Commerce targets the entire retail ecosystem, which includes:

• Retailers of all sizes, from large national chains to smaller independent stores.

• Suppliers and manufacturers.

• Third-party logistics (3PL) providers and wholesalers.

• Grocers and distributors.

The company's market positioning strategy involves embedding its solutions within major ERP platforms like Oracle NetSuite and Microsoft, which accounts for a substantial portion of new customer acquisitions through a partner-led sales ecosystem. Geographically, North America represents its core market, generating approximately 85% of total revenue, with active expansion efforts in Europe and Asia-Pacific.

2. Financial Overview

SPS Commerce is a publicly traded company on NASDAQ under the ticker symbol SPSC.

Funding History

SPS Commerce has raised a total of $50.5 million over four funding rounds.

• The company's largest funding round was a Series B round for $18 million in May 2003.

• Key institutional investors include Axiom Venture Partners, Granite Partners, CID Capital, and Adams Street Partners.

• In August 2024, SPS Commerce raised an additional $87 million from an offering.

The funds raised have historically been utilized for acquisitions and expansion into new vertical segments, contributing to the company's sustained growth and market leadership.

Recent Financial Performance

• For the third quarter ended September 30, 2025:

• Revenue was $189.9 million, a 16% increase compared to Q3 2024's $163.7 million.

• Recurring revenue grew 18% from the third quarter of 2024.

• Net income was $25.6 million, or $0.67 per diluted share.

• Non-GAAP income per diluted share was $1.13.

• Adjusted EBITDA increased 25% to $60.5 million.

• For the fiscal year ended December 31, 2024:

• Revenue was $637.8 million, a 19% increase over 2023.

• Recurring revenue grew 20%.

• Net income reached $77.1 million, a 17% increase.

• Adjusted EBITDA for the year was $186.6 million, an 18% growth.

SPS Commerce has a robust history of consistent revenue growth, achieving 97 consecutive quarters of revenue growth in Q1 2025 and 99 consecutive quarters as of December 2025. The company maintains a healthy gross margin of 79.2% and an operating margin of 20.1% as of mid-2025.

3. Product Pipeline

SPS Commerce continuously enhances its product offerings through organic development and strategic acquisitions.

Key Products/Services

• Fulfillment:

• Description: Provides comprehensive EDI solutions for managing orders, shipping notices, invoices, and logistics across all sales channels (wholesale, e-commerce, and marketplace). It streamlines workflows by consolidating key documents into a single, searchable platform.

• Development Stage: Actively developed and continuously updated with new features and automation, including plain language EDI for user-friendly interaction.

• Target Market/Condition: Businesses of all sizes, particularly those with complex supply chains and a need to comply with diverse retailer requirements. Also crucial for Shopify merchants seeking robust B2B integration.

• Key Features and Benefits: Automated EDI transactions, real-time order and inventory visibility, reduced manual data entry and errors, compliance management, integration with ERP systems, customizable workflows, alerts, and robust reporting/analytics.

• Analytics:

• Description: Delivers data analytics tools to enhance supply chain visibility and provide insights into order status, inventory levels, and performance metrics. It's designed to help businesses make data-driven decisions.

• Development Stage: Ongoing development with a focus on AI-driven forecasting and sell-through data analysis for demand planning.

• Target Market/Condition: Retailers and suppliers seeking to optimize inventory, prevent stockouts, and improve sales performance.

• Key Features and Benefits: Real-time insights into inventory levels, sales trends, and order processing speed; enables recommendations for replenishment orders and helps prevent chargebacks due to non-compliance.

• Assortment:

• Description: Facilitates product information sharing, ensuring consistent and accurate item data across the retail network.

• Development Stage: Continuously evolving to support omnichannel requirements and content syndication.

• Target Market/Condition: Manufacturers and suppliers needing to manage and distribute product data effectively to various retail partners.

• Key Features and Benefits: Centralized product information management, improved data fidelity, and accelerated product-to-shelf cycles.

• Community:

• Description: Provides tools and services for managing and optimizing the relationships within the SPS Commerce retail network.

• Development Stage: Ongoing emphasis on fostering stronger relationships between suppliers and retailers.

• Target Market/Condition: All trading partners within the SPS Commerce network seeking enhanced collaboration and communication.

• Key Features and Benefits: Shared platform for communication, access to retailer-specific compliance requirements, and automated vendor performance tracking.

Recent Acquisitions (leading to product pipeline expansion):

• Carbon6 Technologies, Inc. (February 2025): Acquired for approximately $210 million, adding roughly 8,500 new customers and bolstering revenue recovery solutions, particularly for Amazon sellers.

• Traverse Systems (2024): Acquired for $25 million, integrating supply chain performance analytics.

• SupplyPike (2024): Acquired for $206 million, integrating automated invoice deduction management capabilities.

• TIE Kinetix (€64.5 million, 2023): Expanded international presence and capabilities, particularly for e-invoicing and localized compliance in Europe.

• GCommerce (2022): Acquired for $45 million.

• InterTrade (2022): Acquired for $49 million.

• Genius Central (2021): Acquired for $17 million.

• Data Masons (2020): Acquired for $100 million.

In May 2025, the company launched its Manufacturing Supply Chain Performance Suite, a full-service EDI offering specifically designed for manufacturers.

4. Technology & Innovation

Technology Stack

• Core Platforms and Technologies: SPS Commerce operates a multi-tenant cloud service, forming a vast network that connects over 120,000 trading partners globally. This network standardizes and automates critical documents like purchase orders, ASNs, invoices, inventory updates, and product content. Its solutions are entirely cloud-based, offering scalability and accessibility, which removes the need for expensive infrastructure upgrades and protects sensitive data with robust cybersecurity.

• Proprietary Developments: The company offers a comprehensive suite of cloud-based products, including Fulfillment for streamlining supply chain operations and Analytics for managing sell-through data. Its EDI solutions are specifically designed to manage the complexities of electronic data exchange, catering to omnichannel retail. The platform features a user-friendly interface with plain language EDI, moving beyond cryptic codes of traditional systems.

• Scientific Methodologies: SPS Commerce employs a "two-stage mapping" approach for its EDI network, where all trading partner requirements are built once into their network and then deployed to individual implementations, simplifying integrations.

• Technical Capabilities: The company is actively incorporating AI-enabled automation and advanced data analytics to address omnichannel complexities, improve throughput, reduce onboarding costs, and enhance monetizable services. Innovations include PDF order automation, billable overages automation, machine learning models for document classification and mapping, and AI copilots for compliance testing and alerts. The platform's ability to ensure accurate product data and real-time inventory synchronization across various channels is a key technical capability.

5. Leadership & Management

Executive Team

• Chad Collins – Chief Executive Officer and Director. Appointed in October 2023, he guides SPS' strategic direction, focusing on advancing the retail network, deepening customer impact, and driving long-term growth. He has over 20 years of experience in supply chain technology, previously serving as the Global CEO of Körber Supply Chain Software and President & CEO of HighJump.

• Kimberly K. Nelson – Executive Vice President & Chief Financial Officer. She has served as CFO since 2007. Prior to SPS Commerce, she held finance leadership roles at Amazon.com, Pillsbury (now General Mills), and Nestlé.

• Eduardo Rosini – Executive Vice President & Chief Commercial Officer. He leads the company's commercial organization and go-to-market strategy. He previously served as Chief Growth Officer at Sage Group and held senior leadership roles at Microsoft and Intuit.

• Jamie Thingelstad – Executive Vice President & Chief Technology Officer. He has been CTO since August 2013.

• Erica Koenig – Senior Vice President & Chief Human Resources Officer. She is responsible for growing, engaging, and developing the company's global workforce.

• Maria Pergolino – Senior Vice President & Chief Marketing Officer. She leads global marketing strategy and execution, focusing on growth and customer engagement. She previously served as CMO at ActiveCampaign, Anaplan, and Conga.

• Mike Svatek – Senior Vice President & Chief Product Officer. He leads the company's product vision and execution, aligning the product roadmap with market opportunities and customer needs. He previously served as Chief Innovation Officer at Cart.com and Chief Product Officer at Bazaarvoice.

• Archie C. Black – Executive Chair. He previously served as President, Chief Executive Officer, and Director.

Recent Leadership Changes

• Chad Collins was appointed Chief Executive Officer and a member of the board of directors in October 2023, succeeding Archie Black.

• In October 2025, Eduardo Rosini was appointed Executive Vice President & Chief Commercial Officer, replacing the retiring Chief Revenue Officer Dan Juckniess.

• Razat Gaurav and Mark Partin joined the board of directors in March 2025 and August 2025, respectively.

6. Talent and Growth Indicators

SPS Commerce currently has approximately 2,783 total employees. A significant majority, 82%, of SPS Commerce's workforce is based in North America.

The company has a strong growth trajectory, demonstrated by 99 consecutive quarters of revenue growth. This consistent performance is a testament to its resilient business model and vital role in optimizing global retail supply chains. SPS Commerce serves over 120,000 trading partners across various sectors including retail, grocery, distribution, supply, and logistics. As of Q1 2025, it served approximately 54,150 recurring revenue customers.

Growth is also indicated by customer acquisition, with a net increase of 450 customers in Q3 2025, largely driven by strong retail relationship management programs. The company aims for annual revenue growth of at least 15% and adjusted EBITDA growth between 15% and 25%.

7. Social Media Presence and Engagement

Digital Footprint

SPS Commerce maintains an active and informative presence across professional social media platforms.

• LinkedIn: The company's LinkedIn page serves as a central hub for sharing company news, industry insights, thought leadership articles, and employee highlights. Executive team members also maintain active individual LinkedIn profiles, further contributing to the company's professional networking and brand visibility.

• Eduardo Rosini's LinkedIn Profile: [https://www.linkedin.com/in/eduardorosini](https://www.linkedin.com/in/eduardorosini)

• Maria Pergolino's LinkedIn Profile: [https://www.linkedin.com/in/mariapergolino](https://www.linkedin.com/in/mariapergolino)

• Mike Svatek's LinkedIn Profile: [https://www.linkedin.com/in/mikesvatek](https://www.linkedin.com/in/mikesvatek)

• YouTube: The SPS Commerce YouTube channel (@SPSCommerceInc) has 1.3K subscribers and features over 90 videos. Content focuses on explaining the company's role as "the world's retail network," simplifying supply chain management, showcasing automation, and providing insights into EDI and other retail technology services. Recent videos highlight improving manufacturing supply chain performance and explaining the company's global network.

Brand Messaging and Positioning

Across its digital channels, SPS Commerce emphasizes its position as a leader in retail cloud services. Its messaging consistently focuses on "perfecting the power of trading partner relationships" by connecting them globally to optimize supply chain operations through innovative cloud technology, customer-obsessed service, and accessible experts.

Community Engagement Strategies

SPS Commerce engages its community by providing valuable content that addresses challenges and solutions within the retail supply chain. This includes demonstrations of its integration capabilities and case studies showcasing how its solutions benefit various trading partners.

Thought Leadership Initiatives

The company actively publishes content and hosts webinars that establish its executives and experts as thought leaders in supply chain management, EDI, automation, and retail technology trends. This includes discussions on AI's impact on supply chains and data analytics for retail.

8. Recognition and Awards

SPS Commerce is widely recognized as a leader in cloud-based EDI solutions for the retail sector.

• The company's executive team is highly rated, receiving an "A+" and ranking in the Top 5% among similar-sized companies on Comparably. [cite: # SPS Commerce - Comprehensive Analysis Report

Summary

SPS Commerce, Inc. is a prominent technology and application software company headquartered in Minneapolis, Minnesota. It specializes in cloud-based supply chain management solutions, playing a crucial role in enabling seamless data exchange and collaboration across the global retail ecosystem. [cite: 12] The company's mission is "to retail, we are the platform. To our customers, we are the experts. To the world, we are the standard." Its vision is "to be the world's leading retail network, where retail thrives by connecting people, processes, and technology." [cite: 25] SPS Commerce is a public entity, having debuted on the NASDAQ global market in April 2010. [cite: 35]

The company's significance in the industry stems from its extensive network, connecting over 120,000 trading partners globally, including retailers, suppliers, distributors, grocers, manufacturers, and logistics firms. [cite: 6, 10] This broad ecosystem facilitates universal collaboration at scale, streamlining data exchange for crucial processes like order fulfillment and inventory management. [cite: 3, 5, 10]

1. Strategic Focus & Objectives

Core Objectives

SPS Commerce's strategic focus is centered on optimizing the global retail supply chain through its comprehensive cloud-based platform. Key objectives include:

• Enhancing collaboration between trading partners [cite: 6].

• Improving operational efficiency.

• Providing end-to-end data visibility across all channels.

• Delivering a full-service approach to manage the complexities of EDI and related processes for its customers.

Specialization Areas

The company specializes in:

• Electronic Data Interchange (EDI) solutions.

• Supply chain automation.

• Data analytics and actionable insights. [cite: 14]

• Fulfillment solutions for managing orders and logistics across all sales channels. [cite: 1]

• Assortment management for product information sharing. [cite: 1]

• Community management for its network of trading partners. [cite: 1]

SPS Commerce's unique value proposition is its extensive retail network, coupled with a comprehensive full-service model and robust cloud-based architecture. [cite: 1] This creates significant barriers to entry for rivals as the network effect strengthens with each new participant. [cite: 4] The company also offers a "no-code" architecture, allowing for rapid adaptation to changing business needs. [cite: 14]

Target Markets

SPS Commerce targets the entire retail ecosystem, which includes:

• Retailers of all sizes, from large national chains to smaller independent stores. [cite: 5]

• Suppliers and manufacturers. [cite: 5]

• Third-party logistics (3PL) providers and wholesalers. [cite: 5]

• Grocers and distributors.

The company's market positioning strategy involves embedding its solutions within major ERP platforms like Oracle NetSuite and Microsoft, which accounts for a substantial portion of new customer acquisitions through a partner-led sales ecosystem. [cite: 21] Geographically, North America represents its core market, generating approximately 85% of total revenue, with active expansion efforts in Europe and Asia-Pacific. [cite: 4, 8]

2. Financial Overview

SPS Commerce is a publicly traded company on NASDAQ under the ticker symbol SPSC.

Funding History

SPS Commerce has raised a total of $50.5 million over four funding rounds. [cite: 11, 12]

• The company's largest funding round was a Series B round for $18 million in May 2003. [cite: 11, 29]

• Key institutional investors include Axiom Venture Partners, Granite Partners, CID Capital, and Adams Street Partners. [cite: 11, 12]

• In August 2024, SPS Commerce raised an additional $87 million from an offering. [cite: 25]

The funds raised have historically been utilized for acquisitions and expansion into new vertical segments, contributing to the company's sustained growth and market leadership. [cite: 29]

Recent Financial Performance

• For the third quarter ended September 30, 2025:

• Revenue was $189.9 million, a 16% increase compared to Q3 2024's $163.7 million. [cite: 32]

• Recurring revenue grew 18% from the third quarter of 2024. [cite: 32]

• Net income was $25.6 million, or $0.67 per diluted share.

• Non-GAAP income per diluted share was $1.13. [cite: 34]

• Adjusted EBITDA increased 25% to $60.5 million. [cite: 32, 38]

• For the fiscal year ended December 31, 2024:

• Revenue was $637.8 million, a 19% increase over 2023. [cite: 12]

• Recurring revenue grew 20%.

• Net income reached $77.1 million, a 17% increase.

• Adjusted EBITDA for the year was $186.6 million, an 18% growth.

SPS Commerce has a robust history of consistent revenue growth, achieving 97 consecutive quarters of revenue growth in Q1 2025 and 99 consecutive quarters as of December 2025. [cite: 2, 37] The company maintains a healthy gross margin of 79.2% and an operating margin of 20.1% as of mid-2025. [cite: 4]

3. Product Pipeline

SPS Commerce continuously enhances its product offerings through organic development and strategic acquisitions.

Key Products/Services

• Fulfillment:

• Description: Provides comprehensive EDI solutions for managing orders, shipping notices, invoices, and logistics across all sales channels (wholesale, e-commerce, and marketplace). It streamlines workflows by consolidating key documents into a single, searchable platform. [cite: 1, 20, 28]

• Development Stage: Actively developed and continuously updated with new features and automation, including plain language EDI for user-friendly interaction. [cite: 20]

• Target Market/Condition: Businesses of all sizes, particularly those with complex supply chains and a need to comply with diverse retailer requirements. Also crucial for Shopify merchants seeking robust B2B integration. [cite: 20, 26]

• Key Features and Benefits: Automated EDI transactions, real-time order and inventory visibility, reduced manual data entry and errors, compliance management, integration with ERP systems, customizable workflows, alerts, and robust reporting/analytics. [cite: 3, 20, 28]

• Analytics:

• Description: Delivers data analytics tools to enhance supply chain visibility and provide insights into order status, inventory levels, and performance metrics. It's designed to help businesses make data-driven decisions. [cite: 1, 14, 26]

• Development Stage: Ongoing development with a focus on AI-driven forecasting and sell-through data analysis for demand planning. [cite: 22]

• Target Market/Condition: Retailers and suppliers seeking to optimize inventory, prevent stockouts, and improve sales performance.

• Key Features and Benefits: Real-time insights into inventory levels, sales trends, and order processing speed; enables recommendations for replenishment orders and helps prevent chargebacks due to non-compliance. [cite: 3, 22, 26]

• Assortment:

• Description: Facilitates product information sharing, ensuring consistent and accurate item data across the retail network. [cite: 1]

• Development Stage: Continuously evolving to support omnichannel requirements and content syndication.

• Target Market/Condition: Manufacturers and suppliers needing to manage and distribute product data effectively to various retail partners.

• Key Features and Benefits: Centralized product information management, improved data fidelity, and accelerated product-to-shelf cycles.

• Community:

• Description: Provides tools and services for managing and optimizing the relationships within the SPS Commerce retail network. [cite: 1, 14]

• Development Stage: Ongoing emphasis on fostering stronger relationships between suppliers and retailers. [cite: 3]

• Target Market/Condition: All trading partners within the SPS Commerce network seeking enhanced collaboration and communication.

• Key Features and Benefits: Shared platform for communication, access to retailer-specific compliance requirements, and automated vendor performance tracking. [cite: 3]

Recent Acquisitions (leading to product pipeline expansion):

• Carbon6 Technologies, Inc. (February 2025): Acquired for approximately $210 million, adding roughly 8,500 new customers and bolstering revenue recovery solutions, particularly for Amazon sellers. [cite: 2, 35]

• Traverse Systems (2024): Acquired for $25 million, integrating supply chain performance analytics. [cite: 2, 35]

• SupplyPike (2024): Acquired for $206 million, integrating automated invoice deduction management capabilities. [cite: 2, 33, 35]

• TIE Kinetix (€64.5 million, 2023): Expanded international presence and capabilities, particularly for e-invoicing and localized compliance in Europe. [cite: 35]

• GCommerce (2022): Acquired for $45 million. [cite: 35]

• InterTrade (2022): Acquired for $49 million. [cite: 35]

• Genius Central (2021): Acquired for $17 million. [cite: 35]

• Data Masons (2020): Acquired for $100 million. [cite: 35]

In May 2025, the company launched its Manufacturing Supply Chain Performance Suite, a full-service EDI offering specifically designed for manufacturers.

4. Technology & Innovation

Technology Stack

• Core Platforms and Technologies: SPS Commerce operates a multi-tenant cloud service, forming a vast network that connects over 120,000 trading partners globally. [cite: 1, 4, 6] This network standardizes and automates critical documents like purchase orders, ASNs, invoices, inventory updates, and product content. [cite: 21] Its solutions are entirely cloud-based, offering scalability and accessibility, which removes the need for expensive infrastructure upgrades and protects sensitive data with robust cybersecurity. [cite: 3]

• Proprietary Developments: The company offers a comprehensive suite of cloud-based products, including Fulfillment for streamlining supply chain operations and Analytics for managing sell-through data. [cite: 1] Its EDI solutions are specifically designed to manage the complexities of electronic data exchange, catering to omnichannel retail. [cite: 1] The platform features a user-friendly interface with plain language EDI, moving beyond cryptic codes of traditional systems. [cite: 20]

• Scientific Methodologies: SPS Commerce employs a "two-stage mapping" approach for its EDI network, where all trading partner requirements are built once into their network and then deployed to individual implementations, simplifying integrations.

• Technical Capabilities: The company is actively incorporating AI-enabled automation and advanced data analytics to address omnichannel complexities, improve throughput, reduce onboarding costs, and enhance monetizable services. [cite: 7] Innovations include PDF order automation, billable overages automation, machine learning models for document classification and mapping, and AI copilots for compliance testing and alerts. [cite: 7] The platform's ability to ensure accurate product data and real-time inventory synchronization across various channels is a key technical capability. [cite: 26]

5. Leadership & Management

Executive Team

• Chad Collins – Chief Executive Officer and Director. Appointed in October 2023, he guides SPS' strategic direction, focusing on advancing the retail network, deepening customer impact, and driving long-term growth. He has over 20 years of experience in supply chain technology, previously serving as the Global CEO of Körber Supply Chain Software and President & CEO of HighJump. [cite: 9]

• Kimberly K. Nelson – Executive Vice President & Chief Financial Officer. She has served as CFO since 2007. Prior to SPS Commerce, she held finance leadership roles at Amazon.com, Pillsbury (now General Mills), and Nestlé. [cite: 9]

• Eduardo Rosini – Executive Vice President & Chief Commercial Officer. He leads the company's commercial organization and go-to-market strategy. He previously served as Chief Growth Officer at Sage Group and held senior leadership roles at Microsoft and Intuit.

• Jamie Thingelstad – Executive Vice President & Chief Technology Officer. He has been CTO since August 2013. [cite: 9, 17]

• Erica Koenig – Senior Vice President & Chief Human Resources Officer. She is responsible for growing, engaging, and developing the company's global workforce. [cite: 9]

• Maria Pergolino – Senior Vice President & Chief Marketing Officer. She leads global marketing strategy and execution, focusing on growth and customer engagement. She previously served as CMO at ActiveCampaign, Anaplan, and Conga.

• Mike Svatek – Senior Vice President & Chief Product Officer. He leads the company's product vision and execution, aligning the product roadmap with market opportunities and customer needs. He previously served as Chief Innovation Officer at Cart.com and Chief Product Officer at Bazaarvoice. [cite: 9]

• Archie C. Black – Executive Chair. He previously served as President, Chief Executive Officer, and Director.

Recent Leadership Changes

• Chad Collins was appointed Chief Executive Officer and a member of the board of directors in October 2023, succeeding Archie Black. [cite: 19]

• In October 2025, Eduardo Rosini was appointed Executive Vice President & Chief Commercial Officer, replacing the retiring Chief Revenue Officer Dan Juckniess. [cite: 32]

• Razat Gaurav and Mark Partin joined the board of directors in March 2025 and August 2025, respectively.

6. Talent and Growth Indicators

SPS Commerce currently has approximately 2,783 total employees. A significant majority, 82%, of SPS Commerce's workforce is based in North America. [cite: 10]

The company has a strong growth trajectory, demonstrated by 99 consecutive quarters of revenue growth. [cite: 37] This consistent performance is a testament to its resilient business model and vital role in optimizing global retail supply chains. [cite: 2] SPS Commerce serves over 120,000 trading partners across various sectors including retail, grocery, distribution, supply, and logistics. [cite: 6, 7] As of Q1 2025, it served approximately 54,150 recurring revenue customers. [cite: 1, 2]

Growth is also indicated by customer acquisition, with a net increase of 450 customers in Q3 2025, largely driven by strong retail relationship management programs. [cite: 32] The company aims for annual revenue growth of at least 15% and adjusted EBITDA growth between 15% and 25%. [cite: 2]

7. Social Media Presence and Engagement

Digital Footprint

SPS Commerce maintains an active and informative presence across professional social media platforms.

• LinkedIn: The company's LinkedIn page serves as a central hub for sharing company news, industry insights, thought leadership articles, and employee highlights. Executive team members also maintain active individual LinkedIn profiles, further contributing to the company's professional networking and brand visibility.

• Eduardo Rosini's LinkedIn Profile: [https://www.linkedin.com/in/eduardorosini](https://www.linkedin.com/in/eduardorosini)

• Maria Pergolino's LinkedIn Profile: [https://www.linkedin.com/in/mariapergolino](https://www.linkedin.com/in/mariapergolino)

• Mike Svatek's LinkedIn Profile: [https://www.linkedin.com/in/mikesvatek](https://www.linkedin.com/in/mikesvatek)

• YouTube: The SPS Commerce YouTube channel (@SPSCommerceInc) has 1.3K subscribers and features over 90 videos. Content focuses on explaining the company's role as "the world's retail network," simplifying supply chain management, showcasing automation, and providing insights into EDI and other retail technology services. Recent videos highlight improving manufacturing supply chain performance and explaining the company's global network.

Brand Messaging and Positioning

Across its digital channels, SPS Commerce emphasizes its position as a leader in retail cloud services. Its messaging consistently focuses on "perfecting the power of trading partner relationships" by connecting them globally to optimize supply chain operations through innovative cloud technology, customer-obsessed service, and accessible experts. [cite: 25]

Community Engagement Strategies

SPS Commerce engages its community by providing valuable content that addresses challenges and solutions within the retail supply chain. This includes demonstrations of its integration capabilities and case studies showcasing how its solutions benefit various trading partners.

Thought Leadership Initiatives

The company actively publishes content and hosts webinars that establish its executives and experts as thought leaders in supply chain management, EDI, automation, and retail technology trends. This includes discussions on AI's impact on supply chains and data analytics for retail. [cite: 2]

8. Recognition and Awards

SPS Commerce is widely recognized as a leader in cloud-based EDI solutions for the retail sector. [cite: 4]

• The company's executive team is highly rated, receiving an "A+" and ranking in the Top 5% among similar-sized companies on Comparably. [cite: