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Side-by-side financial comparison of Orla Mining Ltd. (ORLA) and SPS COMMERCE INC (SPSC). Click either name above to swap in a different company.

Orla Mining Ltd. is the larger business by last-quarter revenue ($251.2M vs $192.7M, roughly 1.3× SPS COMMERCE INC).

Orla Mining Ltd. is a Canada-based mineral exploration and development firm focused on high-grade gold and precious metal assets in North and Central America, with core projects in Mexico and Nevada, U.S. It follows sustainable responsible mining practices, collaborates with local communities, and delivers long-term value to stakeholders.

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.

ORLA vs SPSC — Head-to-Head

Bigger by revenue
ORLA
ORLA
1.3× larger
ORLA
$251.2M
$192.7M
SPSC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ORLA
ORLA
SPSC
SPSC
Revenue
$251.2M
$192.7M
Net Profit
$25.8M
Gross Margin
70.4%
Operating Margin
18.0%
Net Margin
13.4%
Revenue YoY
12.7%
Net Profit YoY
47.2%
EPS (diluted)
$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.

Revenue
ORLA
ORLA
SPSC
SPSC
Q4 25
$192.7M
Q3 25
$251.2M
$189.9M
Q2 25
$151.8M
$187.4M
Q1 25
$181.5M
Q4 24
$170.9M
Q3 24
$584.4M
$163.7M
Q2 24
$110.4M
$153.6M
Q1 24
$149.6M
Net Profit
ORLA
ORLA
SPSC
SPSC
Q4 25
$25.8M
Q3 25
$25.6M
Q2 25
$19.7M
Q1 25
$22.2M
Q4 24
$17.6M
Q3 24
$-368.9M
$23.5M
Q2 24
$18.0M
Q1 24
$18.0M
Gross Margin
ORLA
ORLA
SPSC
SPSC
Q4 25
70.4%
Q3 25
69.5%
Q2 25
68.1%
Q1 25
68.7%
Q4 24
67.5%
Q3 24
68.5%
Q2 24
66.1%
Q1 24
65.6%
Operating Margin
ORLA
ORLA
SPSC
SPSC
Q4 25
18.0%
Q3 25
16.4%
Q2 25
14.1%
Q1 25
14.3%
Q4 24
14.5%
Q3 24
15.6%
Q2 24
15.1%
Q1 24
10.3%
Net Margin
ORLA
ORLA
SPSC
SPSC
Q4 25
13.4%
Q3 25
13.5%
Q2 25
10.5%
Q1 25
12.2%
Q4 24
10.3%
Q3 24
-63.1%
14.3%
Q2 24
11.7%
Q1 24
12.0%
EPS (diluted)
ORLA
ORLA
SPSC
SPSC
Q4 25
$0.69
Q3 25
$0.67
Q2 25
$0.52
Q1 25
$0.58
Q4 24
$0.46
Q3 24
$0.62
Q2 24
$0.48
Q1 24
$0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ORLA
ORLA
SPSC
SPSC
Cash + ST InvestmentsLiquidity on hand
$151.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$507.4M
$973.9M
Total Assets
$598.3M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORLA
ORLA
SPSC
SPSC
Q4 25
$151.4M
Q3 25
$133.7M
Q2 25
$107.6M
Q1 25
$94.9M
Q4 24
$241.0M
Q3 24
$205.8M
Q2 24
$96.6M
$271.8M
Q1 24
$290.8M
Stockholders' Equity
ORLA
ORLA
SPSC
SPSC
Q4 25
$973.9M
Q3 25
$507.4M
$958.9M
Q2 25
$507.4M
$949.8M
Q1 25
$920.9M
Q4 24
$854.7M
Q3 24
$968.6M
$829.4M
Q2 24
$400.5M
$703.4M
Q1 24
$683.0M
Total Assets
ORLA
ORLA
SPSC
SPSC
Q4 25
$1.2B
Q3 25
$598.3M
$1.2B
Q2 25
$598.3M
$1.1B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.3B
$1.0B
Q2 24
$535.8M
$854.5M
Q1 24
$839.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ORLA
ORLA
SPSC
SPSC
Operating Cash FlowLast quarter
$126.9M
$45.9M
Free Cash FlowOCF − Capex
$38.2M
FCF MarginFCF / Revenue
19.8%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
1.78×
TTM Free Cash FlowTrailing 4 quarters
$152.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORLA
ORLA
SPSC
SPSC
Q4 25
$45.9M
Q3 25
$126.9M
$60.6M
Q2 25
$74.9M
$32.3M
Q1 25
$40.0M
Q4 24
$40.6M
Q3 24
$92.4M
$53.3M
Q2 24
$22.4M
$29.4M
Q1 24
$34.1M
Free Cash Flow
ORLA
ORLA
SPSC
SPSC
Q4 25
$38.2M
Q3 25
$54.6M
Q2 25
$25.7M
Q1 25
$33.8M
Q4 24
$34.3M
Q3 24
$48.1M
Q2 24
$24.4M
Q1 24
$30.5M
FCF Margin
ORLA
ORLA
SPSC
SPSC
Q4 25
19.8%
Q3 25
28.7%
Q2 25
13.7%
Q1 25
18.6%
Q4 24
20.1%
Q3 24
29.4%
Q2 24
15.9%
Q1 24
20.4%
Capex Intensity
ORLA
ORLA
SPSC
SPSC
Q4 25
4.0%
Q3 25
3.2%
Q2 25
3.6%
Q1 25
3.4%
Q4 24
3.6%
Q3 24
3.2%
Q2 24
3.3%
Q1 24
2.4%
Cash Conversion
ORLA
ORLA
SPSC
SPSC
Q4 25
1.78×
Q3 25
2.37×
Q2 25
1.64×
Q1 25
1.80×
Q4 24
2.31×
Q3 24
2.27×
Q2 24
1.63×
Q1 24
1.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ORLA
ORLA

Segment breakdown not available.

SPSC
SPSC

Recurring Revenues$184.5M96%
One Time Revenues$8.1M4%
Set Up Fees$4.1M2%

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