89 /100
LOW RISK
Score updated Feb 27, 2026
SPSC
SPS Commerce, Inc.

DilutionScore™ measures dilution risk across 5 factors. Lower scores indicate higher risk of share dilution.

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📊 Score Breakdown
📋 Offering Ability
80
💰 Cash Runway
100
📊 Float Risk
90
⚠️ Warrant Exposure
85
🔄Convertible Debt
💹 Market Data
Market Cap$2.13B
Shares Outstanding37.39M
Float36.92M
Cash$151.36M
Debt$7.19M
Short InterestN/A
🏛 Institutional Holdings
401 institutional holders · 47.09M shares
#1 BlackRock, Inc. 5.65M shares
#2 Lombard Odier Asset Management (Europe) Ltd 5.09M shares
#3 VANGUARD GROUP INC 4.94M shares
+ 17 more holders Sign up free to view →
📉 Short Interest
Short Interest2.03M
Days to Cover5.2
% of Float5.5%
FINRA data as of Jan 15, 2026
📁 Recent SEC Activity
xbrl XBRL CONVERTIBLE Dec 31, 2010
xbrl XBRL WARRANT Apr 27, 2010
Full SEC filing analysis available with free account
📰 Recent News
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