SPS Commerce Inc
NASDAQ:SPSC
Cash Flow Statement
Cash Flow Statement
SPS Commerce Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
1
|
2
|
2
|
3
|
3
|
3
|
3
|
5
|
5
|
5
|
6
|
5
|
8
|
9
|
9
|
0
|
1
|
4
|
10
|
24
|
27
|
31
|
32
|
34
|
36
|
39
|
41
|
46
|
46
|
45
|
45
|
45
|
47
|
48
|
52
|
55
|
58
|
62
|
63
|
66
|
69
|
|
Depreciation & Amortization |
8
|
9
|
8
|
9
|
9
|
9
|
10
|
10
|
10
|
11
|
11
|
11
|
11
|
11
|
12
|
12
|
12
|
13
|
12
|
13
|
13
|
14
|
15
|
16
|
17
|
18
|
18
|
19
|
21
|
22
|
24
|
25
|
25
|
25
|
26
|
28
|
30
|
32
|
33
|
35
|
35
|
|
Change in Deffered Taxes |
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
1
|
10
|
10
|
10
|
9
|
3
|
3
|
4
|
6
|
8
|
8
|
6
|
7
|
4
|
4
|
3
|
1
|
4
|
3
|
1
|
1
|
(4)
|
(9)
|
(10)
|
(14)
|
(10)
|
(12)
|
|
Stock-Based Compensation |
5
|
5
|
5
|
5
|
6
|
6
|
6
|
6
|
7
|
7
|
8
|
8
|
8
|
9
|
9
|
13
|
14
|
15
|
16
|
13
|
14
|
14
|
14
|
15
|
14
|
16
|
18
|
19
|
22
|
24
|
26
|
28
|
30
|
31
|
32
|
33
|
36
|
40
|
44
|
46
|
54
|
|
Other Non-Cash Items |
5
|
6
|
6
|
6
|
6
|
7
|
7
|
8
|
8
|
9
|
8
|
8
|
9
|
9
|
11
|
14
|
16
|
17
|
18
|
15
|
17
|
16
|
16
|
17
|
17
|
21
|
23
|
25
|
27
|
30
|
32
|
33
|
35
|
36
|
36
|
37
|
40
|
45
|
50
|
54
|
61
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
29
|
0
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Working Capital |
0
|
0
|
(4)
|
(2)
|
(3)
|
(7)
|
(8)
|
(7)
|
(4)
|
(2)
|
(6)
|
(4)
|
(5)
|
(2)
|
(2)
|
(5)
|
(9)
|
(7)
|
(3)
|
1
|
(4)
|
(3)
|
(1)
|
(3)
|
(2)
|
(4)
|
(2)
|
(4)
|
(2)
|
6
|
3
|
7
|
(14)
|
(15)
|
(7)
|
(17)
|
(3)
|
(10)
|
(10)
|
(12)
|
(8)
|
|
Cash from Operating Activities |
15
N/A
|
17
+8%
|
14
-17%
|
17
+23%
|
16
-3%
|
12
-25%
|
12
-2%
|
14
+19%
|
18
+26%
|
21
+14%
|
18
-14%
|
19
+5%
|
22
+19%
|
28
+25%
|
30
+9%
|
31
+2%
|
30
-4%
|
35
+18%
|
47
+32%
|
55
+18%
|
56
+2%
|
63
+12%
|
69
+10%
|
72
+5%
|
76
+6%
|
79
+3%
|
86
+9%
|
89
+3%
|
96
+8%
|
107
+12%
|
105
-2%
|
113
+8%
|
96
-15%
|
95
-1%
|
108
+13%
|
100
-7%
|
117
+17%
|
119
+1%
|
123
+3%
|
132
+7%
|
145
+9%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(6)
|
(7)
|
(5)
|
(8)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(7)
|
(8)
|
(8)
|
(7)
|
(8)
|
(7)
|
(7)
|
(10)
|
(11)
|
(12)
|
(14)
|
(13)
|
(13)
|
(12)
|
(14)
|
(15)
|
(17)
|
(17)
|
(17)
|
(16)
|
(17)
|
(21)
|
(20)
|
(21)
|
(19)
|
(18)
|
(20)
|
(21)
|
(22)
|
(22)
|
(20)
|
(18)
|
|
Other Items |
0
|
0
|
0
|
(13)
|
0
|
(23)
|
(30)
|
(23)
|
(40)
|
(37)
|
(29)
|
(26)
|
(6)
|
(4)
|
(10)
|
(15)
|
(20)
|
(21)
|
(13)
|
(27)
|
(21)
|
(26)
|
(40)
|
(1)
|
(0)
|
(18)
|
(3)
|
(104)
|
(109)
|
(89)
|
(100)
|
(27)
|
(16)
|
(15)
|
(57)
|
(93)
|
(102)
|
(104)
|
(124)
|
(73)
|
(73)
|
|
Cash from Investing Activities |
(6)
N/A
|
(7)
-35%
|
(5)
+31%
|
(20)
-296%
|
(22)
-7%
|
(32)
-48%
|
(40)
-25%
|
(31)
+21%
|
(49)
-57%
|
(43)
+12%
|
(37)
+15%
|
(34)
+8%
|
(13)
+61%
|
(12)
+8%
|
(17)
-38%
|
(23)
-33%
|
(30)
-33%
|
(31)
-5%
|
(25)
+21%
|
(41)
-63%
|
(34)
+16%
|
(39)
-14%
|
(52)
-35%
|
(14)
+73%
|
(15)
-3%
|
(35)
-134%
|
(20)
+43%
|
(121)
-512%
|
(125)
-3%
|
(106)
+15%
|
(121)
-14%
|
(47)
+61%
|
(36)
+22%
|
(34)
+6%
|
(75)
-120%
|
(113)
-50%
|
(123)
-9%
|
(126)
-2%
|
(146)
-16%
|
(93)
+36%
|
(91)
+2%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
51
|
51
|
50
|
2
|
3
|
3
|
4
|
4
|
4
|
4
|
5
|
4
|
4
|
4
|
2
|
(4)
|
(11)
|
(12)
|
(8)
|
(6)
|
(1)
|
(4)
|
(13)
|
(14)
|
(22)
|
(18)
|
(10)
|
(0)
|
11
|
7
|
1
|
(11)
|
(29)
|
(38)
|
(48)
|
(38)
|
(21)
|
(4)
|
7
|
10
|
(8)
|
|
Other |
1
|
1
|
1
|
2
|
2
|
2
|
3
|
4
|
5
|
5
|
5
|
6
|
5
|
5
|
3
|
2
|
0
|
2
|
2
|
2
|
0
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
2
|
2
|
3
|
3
|
6
|
6
|
7
|
7
|
7
|
8
|
6
|
6
|
|
Cash from Financing Activities |
52
N/A
|
52
0%
|
51
-2%
|
4
-93%
|
5
+49%
|
5
+2%
|
6
+21%
|
8
+30%
|
8
-2%
|
9
+9%
|
10
+15%
|
10
N/A
|
9
-11%
|
8
-7%
|
5
-36%
|
(3)
N/A
|
(9)
-248%
|
(11)
-23%
|
(6)
+44%
|
(4)
+37%
|
1
N/A
|
(2)
N/A
|
(11)
-363%
|
(12)
-9%
|
(21)
-69%
|
(16)
+20%
|
(8)
+54%
|
2
N/A
|
14
+504%
|
9
-37%
|
3
-68%
|
(8)
N/A
|
(26)
-206%
|
(32)
-26%
|
(42)
-29%
|
(32)
+24%
|
(15)
+54%
|
4
N/A
|
15
+319%
|
16
+6%
|
(1)
N/A
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(0)
|
1
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
1
|
(0)
|
|
Net Change in Cash |
62
N/A
|
61
-1%
|
60
-2%
|
(1)
N/A
|
(1)
-100%
|
(15)
-1 420%
|
(23)
-51%
|
(9)
+59%
|
(23)
-145%
|
(14)
+38%
|
(8)
+41%
|
(6)
+31%
|
18
N/A
|
25
+38%
|
19
-21%
|
7
-62%
|
(8)
N/A
|
(6)
+22%
|
16
N/A
|
11
-32%
|
23
+118%
|
22
-7%
|
5
-76%
|
46
+792%
|
41
-10%
|
28
-32%
|
59
+112%
|
(30)
N/A
|
(15)
+48%
|
10
N/A
|
(13)
N/A
|
58
N/A
|
34
-42%
|
28
-16%
|
(10)
N/A
|
(45)
-360%
|
(21)
+53%
|
(3)
+84%
|
(7)
-124%
|
56
N/A
|
52
-7%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
10
N/A
|
9
-7%
|
9
-5%
|
9
+7%
|
7
-21%
|
3
-59%
|
2
-20%
|
6
+133%
|
10
+71%
|
14
+46%
|
10
-31%
|
11
+13%
|
15
+40%
|
20
+30%
|
23
+18%
|
24
+3%
|
20
-16%
|
25
+24%
|
35
+39%
|
41
+19%
|
43
+5%
|
50
+16%
|
56
+13%
|
58
+4%
|
62
+6%
|
62
+1%
|
70
+12%
|
72
+4%
|
80
+11%
|
90
+13%
|
84
-6%
|
93
+11%
|
75
-20%
|
76
+1%
|
90
+18%
|
80
-11%
|
97
+20%
|
98
+1%
|
102
+4%
|
113
+11%
|
127
+13%
|