Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EBITDA margin high or low?
The EBITDA margin of 23.49% is in line with its 5-year average of 21.64%, near the high end of its 5-year range (16.34%–25.98%).
0.63% above its 12-month average of 23.34%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 23.96%.
EBITDA MARGIN
23.49%
EBITDA MARGIN AVG TTM
23.34%
EBITDA MARGIN AVG 3Y
21.96%
EBITDA MARGIN AVG 5Y
21.64%
EBITDA MARGIN AVG 10Y
19.69%
EBITDA MARGIN AVG 15Y
15.44%
EBITDA MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.63%
CURRENT VS 3Y AVG
+6.96%
CURRENT VS 5Y AVG
+8.55%
CURRENT VS 10Y AVG
+19.32%
CURRENT VS 15Y AVG
+52.14%
CURRENT VS 20Y AVG
N/A
SPS Commerce, Inc.
Market Cap
$2.92B
EBITDA Margin
23.49%
TTM Avg
23.34%
3Y Avg
21.96%
5Y Avg
21.64%
Market Cap
$2.98B
EBITDA Margin
11.15%
TTM Avg
11.84%
3Y Avg
18.35%
5Y Avg
20.58%
Market Cap
$2.98B
EBITDA Margin
19.57%
TTM Avg
-8.68%
3Y Avg
-1.86%
5Y Avg
4.44%
Market Cap
$2.98B
EBITDA Margin
-14.57%
TTM Avg
-24.93%
3Y Avg
-30.81%
5Y Avg
-25.00%
Market Cap
$2.84B
EBITDA Margin
16.47%
TTM Avg
16.65%
3Y Avg
12.59%
5Y Avg
11.10%
Market Cap
$3.01B
EBITDA Margin
-28.30%
TTM Avg
-14.94%
3Y Avg
2.17%
5Y Avg
0.22%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SPS Commerce, Inc. (SPSC) | $2.92B | 23.49% | 23.34% | 21.96% | 21.64% |
| Braze, Inc. (BRZE)vs › | $2.97B | -16.99% | -17.93% | -26.36% | -26.25% |
| Power Integrations, Inc. (POWI)vs › | $2.98B | 11.15% | 11.84% | 18.35% | 20.58% |
| Intapp, Inc. (INTA)vs › | $2.85B | -2.80% | -1.86% | -5.07% | -9.19% |
| NetScout Systems, Inc. (NTCT)vs › | $2.98B | 19.57% | -8.68% | -1.86% | 4.44% |
| Ambarella, Inc. (AMBA)vs › | $2.98B | -14.57% | -24.93% | -30.81% | -25.00% |
| Cellebrite DI Ltd. (CLBT)vs › | $2.84B | 16.47% | 16.65% | 12.59% | 11.10% |
| Aehr Test Systems (AEHR)vs › | $3.01B | -28.30% | -14.94% | 2.17% | 0.22% |
| StoneCo Ltd. (STNE)vs › | $2.83B | 58.46% | 55.03% | 52.34% | 48.70% |
| Digi International Inc. (DGII)vs › | $2.79B | 20.98% | 20.06% | 19.63% | 16.61% |
Gross Margin
69.8%
EBITDA Margin
23.5%
Operating Margin
15.8%
Net Margin
10.1%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EBITDA MARGIN |
|---|---|
| 2026-06-30 | 23.96% |
| 2026-03-31 | 20.67% |
| 2025-12-31 | 25.98% |
| 2025-09-30 | 24.24% |
| 2025-06-30 | 21.86% |
| 2025-03-31 | 21.76% |
| 2024-12-31 | 21.83% |
| 2024-09-30 | 22.41% |
| 2024-06-30 | 21.28% |
| 2024-03-31 | 16.34% |
| 2023-12-31 | 22.45% |
| 2023-09-30 | 21.42% |
| 2023-06-30 | 19.30% |
| 2023-03-31 | 20.03% |
| 2022-12-31 | 22.36% |
| 2022-09-30 | 23.46% |
| 2022-06-30 | 20.50% |
| 2022-03-31 | 21.72% |
| 2021-12-31 | 20.99% |
| 2021-09-30 | 20.04% |
| 2021-06-30 | 20.87% |
| 2021-03-31 | 21.19% |
| 2020-12-31 | 22.52% |
| 2020-09-30 | 23.23% |
| 2020-06-30 | 20.60% |
| 2020-03-31 | 21.58% |
| 2019-12-31 | 20.85% |
| 2019-09-30 | 21.26% |
| 2019-06-30 | 19.38% |
| 2019-03-31 | 16.91% |
| 2018-12-31 | 17.64% |
| 2018-09-30 | 18.00% |
| 2018-06-30 | 14.88% |
| 2018-03-31 | 12.71% |
| 2017-12-31 | 1.02% |
| 2017-09-30 | 10.33% |
| 2017-06-30 | 10.29% |
| 2017-03-31 | 12.10% |
| 2016-12-31 | 7.52% |
| 2016-09-30 | 11.14% |
| 2016-06-30 | 7.84% |
| 2016-03-31 | 8.99% |
| 2015-12-31 | 12.25% |
| 2015-09-30 | 11.58% |
| 2015-06-30 | 8.82% |
| 2015-03-31 | 8.95% |
| 2014-12-31 | 10.42% |
| 2014-09-30 | 10.55% |
| 2014-06-30 | 10.34% |
| 2014-03-31 | 9.05% |
| 2013-12-31 | 9.82% |
| 2013-09-30 | 9.67% |
| 2013-06-30 | 9.28% |
| 2013-03-31 | 8.77% |
| 2012-12-31 | 8.78% |
| 2012-09-30 | 7.60% |
| 2012-06-30 | 9.33% |
| 2012-03-31 | 7.93% |
| 2011-12-31 | 7.74% |
| 2011-09-30 | 6.90% |
| 2011-06-30 | 0.59% |
| 2011-03-31 | 7.34% |
| 2010-12-31 | 6.94% |
| 2010-09-30 | 11.06% |
| 2010-06-30 | 9.90% |
| 2010-03-31 | 13.54% |
| 2009-12-31 | 11.26% |
| 2009-09-30 | 8.16% |
| 2009-06-30 | 10.98% |
| 2009-03-31 | 4.26% |
| 2008-12-31 | 4.53% |