SPS Commerce Gross Margin 2010-2024 | SPSC
- SPS Commerce average gross margin for 2023 was 66.04%, a 0.08% increase from 2022.
- SPS Commerce average gross margin for 2022 was 65.99%, a 1.11% increase from 2021.
- SPS Commerce average gross margin for 2021 was 66.73%, a 1.51% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.