5 unchanged sentences
Payment of future cash dividends, if any, will be at the discretion of our Board of Directors after taking into account various factors, including our financial condition, operating results, current and anticipated cash needs, outstanding indebtedness and plans for expansion and restrictions imposed by lenders, if any.
+Added: Securities Authorized for Issuance Under Equity Compensation Plans - The information required by this Item concerning equity compensation plans is incorporated herein by reference to Item 12 of this report.
Stock Performance Graph and Cumulative Total Return
11 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
+Added: The share repurchase activity for the quarter ended December 31, 2025, was as follows:
+Added: Period Total Number
+Added: Purchased Average Price
+Added: Paid per Share Total Number
+Added: Part of Publicly
+Added: Program Approximate
+Added: Dollar Value of
+Added: October 1 - 31, 2025 32,666 $ 106.79 32,666 $ 6,525,000
+Added: November 1 - 30, 2025 80,535 80.90 80,535 10,000
+Added: December 1 - 31, 2025 171,332 87.55 171,332 85,000,000
+Added: Total 284,533 $ 87.88 284,533 $ 85,000,000
On July 23, 2024 (announced July 25, 2024), our Board of Directors authorized a program to repurchase up to $100.0 million of our common stock, excluding costs to obtain.
−Removed: Under the program, purchases may be made from time to time in the open market or in privately negotiated purchases, or both.
−Removed: The new share repurchase program became effective August 23, 2024 and expires on July 24, 2026.
−Removed: We did not make any repurchases under the program during the quarter ended December 31, 2024.
−Removed: For more information regarding our share repurchase programs, refer to Note J to our consolidated financial statements, included in Part II Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K.
+Added: The share repurchase program became effective August 23, 2024 and expires on July 24, 2026.
+Added: On October 29, 2025 (announced October 30, 2025), our Board of Directors authorized a program to repurchase up to $100.0 million of our common stock, excluding costs to obtain.
+Added: The share repurchase program became effective December 1, 2025 and expires on December 1, 2027.
+Added: Under the programs, purchases may be made from time to time in the open market or in privately negotiated purchases, or both.
+Added: On February 10, 2026 (announced February 12, 2026), our Board of Directors approved an additional $200.0 million in repurchase authority under the share repurchase program that was approved on October 29, 2025 and discussed above, for a total authorized repurchase amount of $300.0 million.
+Added: For more information regarding our share repurchase programs, refer to Note J of our consolidated financial statements, included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K.
SPS COMMERCE, INC.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.