Risk factors

SPS Commerce (SPSC) risk factors

Item 1A of every SPS Commerce Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    28 risks1 new1 dropped4 reworded

    International workforce exposure in Ukraine and the Philippines is newly highlighted as vulnerable to unrest, military activity, sanctions, and possible relocation.

    Filed Feb 19, 2026
  • FY2024 10-K risk factors
    28 risks

    The company relies on short-term customer contracts in the competitive cloud-based supply chain management market. Growth depends heavily on international expansion, third-party infrastructure reliability, and intellectual property protection.

    Filed Feb 19, 2025