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SPS Commerce runs a cloud-based B2B network that automates the electronic exchange of orders, invoices, and shipping notices between retailers, suppliers, and distributors. Its platform acts as a universal translator, with a single connection to SPS’s network that lets a supplier talk to any retailer on the platform, while handling translation, transmission, and workflow automation. The model grows in value as more trading partners join, and SPS provides end-to-end service rather than just selling software. The goal is to be essential, scalable infrastructure for retail data exchange, making electronic commerce faster, more reliable, and easier to manage for thousands of participants.
Industries
Data & Analytics
Enterprise Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1987
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Minnesota State University Moorhead receives 2026 Minnesota's Future Award. Posted September 25, 2026 Literacy Lab model expands from eight student fellows in Moorhead to teacher preparation programs across Minnesota The Minnesota Business Partnership has named Minnesota State University Moorhead's Nibbe School of Teaching and Learning the recipient of the 2026 Minnesota's Future Award, recognizing its leadership in a growing statewide effort to better prepare future teachers to teach children to read. For 20 years, the Minnesota Business Partnership has recognized schools and organizations making gains in literacy and approaches that can be replicated across Minnesota. Minnesota continues to face a significant literacy challenge, with too many of our students moving through school without the grade level reading skills they need to succeed. But it does not have to be that way. Schools across Minnesota are showing what is possible when educators use evidence-based instruction grounded in the science of reading. Monroe Elementary School, a previous Minnesota's Future Award recipient, is one example of a school that has strengthened its approach to literacy by changing how reading is taught. Literacy Labs build on that same principle by starting with future teachers. The model pairs teacher candidates with elementary students for supervised, one-on-one literacy tutoring. Candidates learn how reading acquisition occurs in their university coursework and then immediately put that knowledge into practice, using student data and structured literacy practices grounded in the science of reading to guide instruction. Minnesota State University Moorhead became the first Literacy Lab pilot site under the leadership of Dr. Erin Gillett. Eight Early Literacy Fellows worked with students in Moorhead Area Public Schools, providing structured literacy instruction grounded in the science of reading. Across two semesters, the fellows delivered 637 tutoring sessions to 59 students in kindergarten through third grade at no cost to participating schools. Students improved through the program, while teacher candidates gained practical experience assessing students, planning lessons, and delivering evidence-based reading instruction. "Our candidates learn how reading research translates into classroom instruction, and then they sit across the table from a child and put it into practice," Gillett said. "They make real instructional decisions, see the results firsthand and enter their own classrooms with experience teaching children to read." "Literacy Labs take what future teachers are learning in the classroom and give them the opportunity to prove it in practice," said Archie Black, retired CEO of SPS Commerce and co-chair of the Minnesota Business Partnership Education Committee. "Students receive individualized support, teacher candidates become stronger instructors, and we are building a model that can be replicated across Minnesota. That combination is what makes this work." The statewide Literacy Labs initiative is led by Dr. Lucy Payne and Jane McDonald Black, and both have brought the vision for Literacy Labs to Minnesota after seeing the model in practice and recognizing its potential to strengthen teacher preparation. That vision is now expanding rapidly. Following MSUM's initial pilot, additional educator preparation programs joined the work in spring 2026, including the University of Minnesota and Southwest Minnesota State University. Another group of universities will participate during the 2026-27 academic year, bringing the model to roughly one-third of Minnesota's teacher preparation programs. The work has also helped inform state policy. Gillett and Early Literacy Fellow Isaac Martin testified before the Minnesota House Education Policy Committee in support of legislation requiring teacher candidates to complete a supervised literacy field experience aligned with Minnesota's reading standards. The measure passed unanimously in both chambers and was signed into law. "Strong reading skills open the door to everything that comes next for a student," said Allison Gettings, CEO of Red Wing Shoes and co-chair of the Minnesota Business Partnership Education Committee. "If we want better outcomes for Minnesota children, we have to make sure teachers enter the classroom prepared to teach every child to read. Literacy Labs bring together higher education, schools, and the business community around that shared goal, and the progress we are seeing gives us a big reason for optimism." The $50,000 Minnesota's Future Award will support MSUM's continued work to strengthen the Literacy Lab model and expand opportunities for future teachers to gain meaningful, hands-on experience teaching children to read. About the Minnesota's Future Award The Minnesota Business Partnership established the Minnesota's Future Award to: * Highlight programs demonstrating that all students can succeed; * Celebrate the work of educators, students and families; and * Elevate successful academic strategies that can be replicated across Minnesota. The award reflects the Partnership's longstanding commitment to improving educational outcomes and preparing Minnesota students for future success.
SPS Commerce introduces ai-powered network intelligence for supply chains. September 16, 2026 SPS Commerce, the leading intelligent supply chain network, announced a new wave of product innovation that combines agentic AI with the intelligence of a network trained on more real trading partner activity than any other, giving brands and retailers the data foundation to move from reactive supply chain management to proactive operations. Spanning fulfillment, onboarding, analytics, and supply chain visibility, the new suite of capabilities helps customers scale with confidence and make better and faster decisions across trading relationships. The company also announced the general availability of MAX, its agentic AI supply chain offering, across its fulfillment customer base of tens of thousands. As Allen Thompson, Chief Operating Officer of RIP-IT shared, "As a small, high-growth brand, we're leaning heavily into AI to expedite efficiency and insight. We've gone deep with MAX and have already saved countless hours and hundreds of thousands of dollars." SPS also unveiled it has completed several waves of its all-new MAX-powered customer setup, by pairing its proprietary network intelligence with agentic capabilities. MAX is now assisting the customer onboarding process for many customers, including pre-sale context and account provisioning, so SPS teams can focus more on understanding the specific needs of the customer to ensure a successful relationship. "At some point, every data source and every tool a business runs on is going to need an AI interface. If it doesn't have one, that business will be left behind," said Slava Syrota, Chief Technology Officer at Ecentria. "Two years ago, we told our engineering team to experiment with any AI tool they wanted and tell us what worked, and that head start is exactly why we've been able to move so fast with solutions like MAX today." SPS' AI product innovations come as supply chain leaders increasingly adopt artificial intelligence while seeking clearer returns on those investments. According to Gartner, more than half (55%) of chief supply chain officers are unclear about the return on their AI investments, even as AI accounts for 67% of supply chain digital investment. SPS Commerce is meeting that moment by pairing new agentic AI capabilities with the intelligence of a network built on more than 300,000 trading relationships, 750M+ annual transactions, and 400+ system automation partners. By combining the SPS network and AI, brands and retailers can work with technology that was built to understand how supply chains function. "Artificial intelligence has the power to change how supply chains operate, but its value depends on the quality of the data and intelligence behind it," said Mike Svatek, Chief Product Officer at SPS Commerce. "Our proprietary network gives customers something they can't build on their own: AI informed by the relationships, transactions, and operational intelligence that exist across the SPS network. That allows customers to move faster, scale more confidently, and solve problems before they become costly." The announcement includes several new and expanded capabilities designed to help brands and retailers operate more quickly and proactively - and with greater visibility - across their supply chains. * MAX - The agentic intelligence layer within the SPS network is now generally available following an early access program that informed the product through hundreds of thousands of AI interactions across thousands of customers. MAX guides customers through simple and complex supply chain needs while also identifying key anomalies, preventing errors that might turn into costs and is grounded in how trading partner relationships behave. MAX is initially available for Fulfillment and Visibility Management, with rollouts to Revenue Recovery and Decision Intelligence to come. * Fulfillment: Agentic Customer Onboarding - AI is now embedded across fulfillment onboarding, from contract close to first live transaction. An Onboarding Agent has already moved more than 300 customers to supplier readiness. During testing, a Validation Agent unifies real-time network data, retailer and supplier maps and the history of past trading partner setups with best practices from SPS' most experienced consultants, resolving errors an average of 29% faster; consultants review and approve every recommendation before it's applied. The result: brands and suppliers reach full compliance with a new trading partner within 24 hours. * Decision Intelligence - An expansion of SPS Analytics that connects sell-through, inventory, and supply chain signals from across a brand's retailers into a single trusted view, organized around the decisions brands make every week: assortment, inventory placement, availability, and forecasting. Brands catch stockouts before sales are lost, flag the items and locations that need attention, and act on margin risk in time to capture revenue and avoid cost. A high-quality, retailer-normalized data foundation reduces the work required to prepare and reconcile data, so analyst time shifts from managing data to making the decisions that move sell-through and margin. * Visibility Management - Connects ERP, warehouse management, transportation management, and carrier systems into a single real-time view of purchase order status. Combined with MAX, Visibility surfaces potential issues including "non-events," the silence that signals a problem before they impact revenue and automatically brings suppliers into the resolution process.
Peer deal multiples imply possible $94 takeout price for SPS Commerce, says Citi. Sep. 11, 2026, 02:50 PM Citi analyst George Kurosawa noted that Bloomberg reported that SPS Commerce (SPSC) is said to be in discussions to be acquired by private equity firm GTCR, which follows reporting from June about the company exploring a sale. Based on the progression of reporting, the firm sees "a reasonably high likelihood that a transaction ultimately materializes," adding that a "more modest intraday stock reaction" likely reflects takeover expectations being already embedded to some degree. However, applying multiples for mid-to-high single digit software growers implies a $94 takeout price, adds the analyst, who has a Buy rating and $82 price target on SPS shares. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>> Read More on SPSC:
SPS Commerce to present at Citi's 2026 Global TMT Conference. SPS Commerce will share its supply chain network story with investors at Citi's 2026 Global TMT Conference, with live webcast access online. Rhea-AI summary. SPS Commerce (SPSC) will present at Citi's 2026 Global TMT Conference on Wednesday, September 9, 2026, at 8:50 AM E.T. A live webcast of the presentation will be accessible through the company's investor relations website. SPS Commerce operates an AI-powered supply chain network that supports over 300,000 trading relationships, processes more than 750 million transactions and over $650 billion in gross merchandise value annually. News market reaction - SPSC. +1.68% 3.4x vol Market context. The July 30 earnings release produced a 11.48% 24-hour gain, while the May 26 presentation notice recorded -0.99%. Against those mixed precedents, this scheduled appearance adds no reported operating data; commentary and unscheduled disclosures remain key watchpoints. Key figures. Presentation date and time: September 9, 2026 at 8:50 AM E.T. Trading relationships: 300,000+ relationships Annual transactions: 750M transactions +4 more Historical context. 5 past events · Latest: Aug 19 (Neutral) Pattern 5 events Key terms. gross merchandise value AI-generated analysis. How Rhea-AI works. Not financial advice. Find StockTitan more easily in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google 09/02/2026 - 01:05 PM MINNEAPOLIS, Sept. 02, 2026 (GLOBE NEWSWIRE) - SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, today announced that management will present at Citi's 2026 Global TMT Conference on Wednesday, September 9, 2026, at 8:50 AM E.T. A webcast of the presentation will be available on the company's investor relations website at http://investors.spscommerce.com/events. About SPS Commerce SPS Commerce (NASDAQ: SPSC) is the leading intelligent supply chain network, connecting trading partners around the globe to optimize supply chain operations with all retail partners. Our AI-powered network connects 300,000+ trading relationships worldwide and moves more than 750M transactions and over $650B in gross merchandise value each year. From retailers and brands to manufacturers, distributors, and logistics providers, SPS is trusted by seven of the top ten largest retailers, and over two-thirds of today's fastest growing brands. Our multi-solution portfolio orchestrates the data, decisions, and relationships that keep the world's supply chains moving forward. With nearly 3,000 employees and offices worldwide, SPS Commerce is headquartered in Minneapolis, Minnesota. For more information, visit spscommerce.com. SPS COMMERCE, SPS, SPS logo and INFINITE RETAIL POWER are marks of SPS Commerce, Inc. and registered in the U.S. Patent and Trademark Office, along with other SPS marks. Such marks may also be registered or otherwise protected in other countries. Faq. When will SPS Commerce (SPSC) present at Citi's 2026 Global TMT Conference? SPS Commerce is scheduled to present at Citi's 2026 Global TMT Conference on Wednesday, September 9, 2026, at 8:50 AM E.T. This timing allows investors to listen to management's remarks about the business and its supply chain network. How can investors access the SPS Commerce (SPSC) presentation webcast from Citi's 2026 Global TMT Conference? A webcast of SPS Commerce's presentation will be available on the company's investor relations website at http://investors.spscommerce.com/events. Investors can visit this page at the scheduled time to listen to the live presentation. What scale of activity does SPS Commerce's AI-powered supply chain network handle each year? SPS Commerce reports that its AI-powered supply chain network supports 300,000+ trading relationships, processes more than 750 million transactions, and handles over $650 billion in gross merchandise value annually, connecting retailers, brands, manufacturers, distributors, and logistics providers. How many employees does SPS Commerce (SPSC) have and where is it headquartered? SPS Commerce reports having nearly 3,000 employees with offices worldwide. The company is headquartered in Minneapolis, Minnesota, and focuses on providing a multi-solution portfolio for intelligent supply chain operations. Who should investors contact for SPS Commerce (SPSC) investor relations inquiries? Investor relations inquiries for SPS Commerce are handled by The Blueshirt Group, with Irmina Blaszczyk listed as the contact. The company provides the email address [email protected] for investor communications.
SPS Commerce reported second-quarter revenue of $197.8 million, up 6% year over year, with adjusted EBITDA of $66.6 million. Trailing 12-month free cash flow rose 40% to $198.7 million, and the company used nearly 90% of quarterly free cash flow for share repurchases. The company completed the sale of its third-party Revenue Recovery business for $9.5 million on 30 June, recording a $23.5 million loss. The divestiture removed approximately 7,300 customers and will reduce second-half 2026 revenue by roughly $10.5 million. SPS Commerce plans to roll out its MAX agent to all Fulfillment customers and begin selling autonomous supply-chain agents by late fourth quarter. Full-year 2026 guidance projects revenue of $788.4 million to $793.4 million and adjusted EBITDA of $264.6 million to $269.1 million.
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Industries
Data & Analytics
Enterprise Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1987
Find jobs on Simplify and start your career today