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Side-by-side financial comparison of Getty Images Holdings, Inc. (GETY) and SPS COMMERCE INC (SPSC). Click either name above to swap in a different company.
Getty Images Holdings, Inc. is the larger business by last-quarter revenue ($282.3M vs $192.7M, roughly 1.5× SPS COMMERCE INC). SPS COMMERCE INC runs the higher net margin — 13.4% vs -32.2%, a 45.6% gap on every dollar of revenue. On growth, Getty Images Holdings, Inc. posted the faster year-over-year revenue change (14.1% vs 12.7%). SPS COMMERCE INC produced more free cash flow last quarter ($38.2M vs $7.7M). Over the past eight quarters, SPS COMMERCE INC's revenue compounded faster (13.5% CAGR vs 12.7%).
Getty Images Holdings, Inc. is a visual media company and supplier of stock images, editorial photography, video, and music for businesses and consumers, with a library of over 477 million assets. It targets three markets—creative professionals, the media, and corporate.
SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software. The company's headquarters are located in Minneapolis, Minnesota, but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.
GETY vs SPSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $282.3M | $192.7M |
| Net Profit | $-90.9M | $25.8M |
| Gross Margin | 74.8% | 70.4% |
| Operating Margin | -8.5% | 18.0% |
| Net Margin | -32.2% | 13.4% |
| Revenue YoY | 14.1% | 12.7% |
| Net Profit YoY | -467.6% | 47.2% |
| EPS (diluted) | $-0.22 | $0.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $282.3M | $192.7M | ||
| Q3 25 | $240.0M | $189.9M | ||
| Q2 25 | $234.9M | $187.4M | ||
| Q1 25 | $224.1M | $181.5M | ||
| Q4 24 | $247.3M | $170.9M | ||
| Q3 24 | $240.5M | $163.7M | ||
| Q2 24 | $229.1M | $153.6M | ||
| Q1 24 | $222.3M | $149.6M |
| Q4 25 | $-90.9M | $25.8M | ||
| Q3 25 | $21.6M | $25.6M | ||
| Q2 25 | $-34.4M | $19.7M | ||
| Q1 25 | $-102.6M | $22.2M | ||
| Q4 24 | $24.7M | $17.6M | ||
| Q3 24 | $-2.5M | $23.5M | ||
| Q2 24 | $3.7M | $18.0M | ||
| Q1 24 | $13.6M | $18.0M |
| Q4 25 | 74.8% | 70.4% | ||
| Q3 25 | 73.2% | 69.5% | ||
| Q2 25 | 72.1% | 68.1% | ||
| Q1 25 | 73.1% | 68.7% | ||
| Q4 24 | 73.5% | 67.5% | ||
| Q3 24 | 73.4% | 68.5% | ||
| Q2 24 | 72.5% | 66.1% | ||
| Q1 24 | 72.9% | 65.6% |
| Q4 25 | -8.5% | 18.0% | ||
| Q3 25 | 18.8% | 16.4% | ||
| Q2 25 | 15.1% | 14.1% | ||
| Q1 25 | 12.2% | 14.3% | ||
| Q4 24 | 14.5% | 14.5% | ||
| Q3 24 | 23.9% | 15.6% | ||
| Q2 24 | 20.3% | 15.1% | ||
| Q1 24 | 18.5% | 10.3% |
| Q4 25 | -32.2% | 13.4% | ||
| Q3 25 | 9.0% | 13.5% | ||
| Q2 25 | -14.6% | 10.5% | ||
| Q1 25 | -45.8% | 12.2% | ||
| Q4 24 | 10.0% | 10.3% | ||
| Q3 24 | -1.1% | 14.3% | ||
| Q2 24 | 1.6% | 11.7% | ||
| Q1 24 | 6.1% | 12.0% |
| Q4 25 | $-0.22 | $0.69 | ||
| Q3 25 | $0.05 | $0.67 | ||
| Q2 25 | $-0.08 | $0.52 | ||
| Q1 25 | $-0.25 | $0.58 | ||
| Q4 24 | $0.07 | $0.46 | ||
| Q3 24 | $-0.01 | $0.62 | ||
| Q2 24 | $0.01 | $0.48 | ||
| Q1 24 | $0.03 | $0.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $90.2M | $151.4M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $552.5M | $973.9M |
| Total Assets | $3.2B | $1.2B |
| Debt / EquityLower = less leverage | 2.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $90.2M | $151.4M | ||
| Q3 25 | $109.5M | $133.7M | ||
| Q2 25 | $110.3M | $107.6M | ||
| Q1 25 | $114.6M | $94.9M | ||
| Q4 24 | $121.2M | $241.0M | ||
| Q3 24 | $109.9M | $205.8M | ||
| Q2 24 | $121.7M | $271.8M | ||
| Q1 24 | $134.2M | $290.8M |
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.4B | — |
| Q4 25 | $552.5M | $973.9M | ||
| Q3 25 | $634.6M | $958.9M | ||
| Q2 25 | $611.2M | $949.8M | ||
| Q1 25 | $593.0M | $920.9M | ||
| Q4 24 | $670.2M | $854.7M | ||
| Q3 24 | $683.4M | $829.4M | ||
| Q2 24 | $654.0M | $703.4M | ||
| Q1 24 | $640.8M | $683.0M |
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $2.6B | $1.2B | ||
| Q2 25 | $2.6B | $1.1B | ||
| Q1 25 | $2.6B | $1.1B | ||
| Q4 24 | $2.6B | $1.0B | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $2.6B | $854.5M | ||
| Q1 24 | $2.6B | $839.8M |
| Q4 25 | 2.30× | — | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | 2.19× | — | ||
| Q1 25 | 2.21× | — | ||
| Q4 24 | 1.96× | — | ||
| Q3 24 | 1.97× | — | ||
| Q2 24 | 2.06× | — | ||
| Q1 24 | 2.16× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $20.6M | $45.9M |
| Free Cash FlowOCF − Capex | $7.7M | $38.2M |
| FCF MarginFCF / Revenue | 2.7% | 19.8% |
| Capex IntensityCapex / Revenue | 4.6% | 4.0% |
| Cash ConversionOCF / Net Profit | — | 1.78× |
| TTM Free Cash FlowTrailing 4 quarters | $5.7M | $152.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.6M | $45.9M | ||
| Q3 25 | $22.6M | $60.6M | ||
| Q2 25 | $6.5M | $32.3M | ||
| Q1 25 | $15.4M | $40.0M | ||
| Q4 24 | $39.7M | $40.6M | ||
| Q3 24 | $10.7M | $53.3M | ||
| Q2 24 | $46.4M | $29.4M | ||
| Q1 24 | $21.5M | $34.1M |
| Q4 25 | $7.7M | $38.2M | ||
| Q3 25 | $7.9M | $54.6M | ||
| Q2 25 | $-9.6M | $25.7M | ||
| Q1 25 | $-322.0K | $33.8M | ||
| Q4 24 | $24.6M | $34.3M | ||
| Q3 24 | $-1.8M | $48.1M | ||
| Q2 24 | $31.1M | $24.4M | ||
| Q1 24 | $7.1M | $30.5M |
| Q4 25 | 2.7% | 19.8% | ||
| Q3 25 | 3.3% | 28.7% | ||
| Q2 25 | -4.1% | 13.7% | ||
| Q1 25 | -0.1% | 18.6% | ||
| Q4 24 | 9.9% | 20.1% | ||
| Q3 24 | -0.8% | 29.4% | ||
| Q2 24 | 13.6% | 15.9% | ||
| Q1 24 | 3.2% | 20.4% |
| Q4 25 | 4.6% | 4.0% | ||
| Q3 25 | 6.1% | 3.2% | ||
| Q2 25 | 6.9% | 3.6% | ||
| Q1 25 | 7.0% | 3.4% | ||
| Q4 24 | 6.1% | 3.6% | ||
| Q3 24 | 5.2% | 3.2% | ||
| Q2 24 | 6.7% | 3.3% | ||
| Q1 24 | 6.5% | 2.4% |
| Q4 25 | — | 1.78× | ||
| Q3 25 | 1.05× | 2.37× | ||
| Q2 25 | — | 1.64× | ||
| Q1 25 | — | 1.80× | ||
| Q4 24 | 1.61× | 2.31× | ||
| Q3 24 | — | 2.27× | ||
| Q2 24 | 12.59× | 1.63× | ||
| Q1 24 | 1.58× | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GETY
| Creative | $149.0M | 53% |
| Editorial | $109.4M | 39% |
| Other | $23.9M | 8% |
SPSC
| Recurring Revenues | $184.5M | 96% |
| One Time Revenues | $8.1M | 4% |
| Set Up Fees | $4.1M | 2% |
