SPS COMMERCE INC (SPSC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 30, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 2.44% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
37M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

SPSC currently has 37.4M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 2.44% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 30, 2026

10-Q filing | 37.4M shares outstanding

37M 0
Oct 30, 2025

10-Q filing | 37.9M shares outstanding

38M 0
Jul 30, 2025

10-Q filing | 38.0M shares outstanding

38M 0
Apr 24, 2025

10-Q filing | 38.0M shares outstanding

38M 0
Feb 19, 2025

10-K filing | 37.9M shares outstanding

38M 0
Oct 24, 2024

10-Q filing | 37.4M shares outstanding

37M 0
Aug 01, 2024

8-K filing: SPS Commerce, Inc. acquired SupplyPike through a combination of cash and share consideration, issuing 404,587 shares of common stock to certain stockholders of SupplyPike as partial consideration.

37M 0
Jul 25, 2024

10-Q filing | 37.1M shares outstanding

37M 0
Apr 25, 2024

10-Q filing | 37.0M shares outstanding

37M 0
Feb 21, 2024

10-K filing | 36.6M shares outstanding

37M 0
Oct 26, 2023

10-Q filing | 36.7M shares outstanding

37M 0
Jul 27, 2023

10-Q filing | 36.6M shares outstanding

37M 0
Apr 26, 2023

10-Q filing | 36.4M shares outstanding

36M 0
Feb 21, 2023

10-K filing | 36.1M shares outstanding

36M 0
Oct 27, 2022

10-Q filing | 36.1M shares outstanding

36M 0
Jul 27, 2022

10-Q filing | 36.1M shares outstanding

36M 0
Apr 29, 2022

10-Q filing | 36.1M shares outstanding

36M 0
Feb 22, 2022

10-K filing | 35.9M shares outstanding

36M 0
Oct 28, 2021

10-Q filing | 36.0M shares outstanding

36M 0
Jul 29, 2021

10-Q filing | 35.9M shares outstanding

36M 0
Apr 29, 2021

10-Q filing | 35.8M shares outstanding

36M 0
Feb 23, 2021

10-K filing | 35.2M shares outstanding

35M 0
Oct 28, 2020

10-Q filing | 35.3M shares outstanding

35M 0
Jul 30, 2020

10-Q filing | 35.0M shares outstanding

35M 0
Apr 30, 2020

10-Q filing | 35.1M shares outstanding

35M 0
Feb 25, 2020

10-K filing | 35.0M shares outstanding

35M 0
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