Compare
SPS Commerce Inc vs Vertex, Inc. vs Coursera, Inc. vs Descartes Systems Group Inc
| Latest fiscal year | SPS Commerce Inc SPSC | Vertex, Inc. VERX | Coursera, Inc. COUR | Descartes Systems Group Inc DSGX |
|---|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2025-12-31 | 2026-01-31 |
| Revenue | $751.50M | $748.44M | $757.50M | $728.99M |
| Revenue growth (YoY) | +17.8% | +12.2% | +9.0% | +12.0% |
| Gross margin | 69.2% | 64.3% | 54.6% | 77.1% |
| Operating margin | 15.7% | 0.3% | -10.2% | 28.8% |
| Net margin | 12.4% | 1.0% | -6.7% | 22.5% |
| Net income | $93.34M | $7.21M | -$51.00M | $163.77M |
| EPS (Diluted) | $2.46 | n/a | -$0.31 | $1.87 |
| Operating cash flow | $178.79M | $165.54M | $108.70M | $266.25M |
| Free cash flow | $152.27M | n/a | $107.20M | $260.52M |
| Cash & equivalents | $151.35M | $314.01M | $792.60M | $356.53M |
| Total assets | $1.17B | $1.27B | $1.00B | $1.90B |
| Total liabilities | $195.97M | $1.01B | $364.30M | $276.75M |
| Shareholders' equity | $973.89M | $258.92M | $635.70M | $1.62B |
| Return on year-end equity | 9.6% | 2.8% | -8.0% | 10.1% |
| Shares outstanding | 37.52M | n/a | 167.90M | 86.02M |
Revenue, most recent five fiscal years
| Fiscal year | SPS Commerce Inc | Vertex, Inc. | Coursera, Inc. | Descartes Systems Group Inc |
|---|---|---|---|---|
| Latest | $751.50M Ended 2025-12-31 | $748.44M Ended 2025-12-31 | $757.50M Ended 2025-12-31 | $728.99M Ended 2026-01-31 |
| 1 year earlier | $637.76M Ended 2024-12-31 | $666.78M Ended 2024-12-31 | $694.70M Ended 2024-12-31 | $651.00M Ended 2025-01-31 |
| 2 years earlier | $536.91M Ended 2023-12-31 | $572.39M Ended 2023-12-31 | $635.80M Ended 2023-12-31 | $572.93M Ended 2024-01-31 |
| 3 years earlier | $450.88M Ended 2022-12-31 | $491.62M Ended 2022-12-31 | $523.76M Ended 2022-12-31 | n/a |
| 4 years earlier | $385.28M Ended 2021-12-31 | $425.55M Ended 2021-12-31 | $415.29M Ended 2021-12-31 | $424.69M Ended 2022-01-31 |