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Side-by-side financial comparison of ServisFirst Bancshares, Inc. (SFBS) and SPS COMMERCE INC (SPSC). Click either name above to swap in a different company.
SPS COMMERCE INC is the larger business by last-quarter revenue ($192.7M vs $159.0M, roughly 1.2× ServisFirst Bancshares, Inc.). ServisFirst Bancshares, Inc. runs the higher net margin — 52.2% vs 13.4%, a 38.8% gap on every dollar of revenue. Over the past eight quarters, ServisFirst Bancshares, Inc.'s revenue compounded faster (17.7% CAGR vs 13.5%).
ServisFirst Bancshares, Inc. is a U.S.-based bank holding company operating full-service banking locations primarily across the Southeastern United States. It offers a full suite of commercial banking, consumer banking, wealth management, and mortgage lending services to small and medium-sized businesses, professional clients, and individual consumers.
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.
SFBS vs SPSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $159.0M | $192.7M |
| Net Profit | $83.0M | $25.8M |
| Gross Margin | — | 70.4% |
| Operating Margin | — | 18.0% |
| Net Margin | 52.2% | 13.4% |
| Revenue YoY | — | 12.7% |
| Net Profit YoY | 31.2% | 47.2% |
| EPS (diluted) | $1.52 | $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.
| Q1 26 | $159.0M | — | ||
| Q4 25 | $162.2M | $192.7M | ||
| Q3 25 | $136.3M | $189.9M | ||
| Q2 25 | $132.1M | $187.4M | ||
| Q1 25 | $131.8M | $181.5M | ||
| Q4 24 | $131.9M | $170.9M | ||
| Q3 24 | $123.7M | $163.7M | ||
| Q2 24 | $114.8M | $153.6M |
| Q1 26 | $83.0M | — | ||
| Q4 25 | $86.4M | $25.8M | ||
| Q3 25 | $65.6M | $25.6M | ||
| Q2 25 | $61.4M | $19.7M | ||
| Q1 25 | $63.2M | $22.2M | ||
| Q4 24 | $65.2M | $17.6M | ||
| Q3 24 | $59.9M | $23.5M | ||
| Q2 24 | $52.1M | $18.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 66.3% | 18.0% | ||
| Q3 25 | 57.8% | 16.4% | ||
| Q2 25 | 58.0% | 14.1% | ||
| Q1 25 | 60.0% | 14.3% | ||
| Q4 24 | 60.2% | 14.5% | ||
| Q3 24 | 58.5% | 15.6% | ||
| Q2 24 | 58.0% | 15.1% |
| Q1 26 | 52.2% | — | ||
| Q4 25 | 59.0% | 13.4% | ||
| Q3 25 | 48.1% | 13.5% | ||
| Q2 25 | 46.5% | 10.5% | ||
| Q1 25 | 48.0% | 12.2% | ||
| Q4 24 | 52.9% | 10.3% | ||
| Q3 24 | 48.4% | 14.3% | ||
| Q2 24 | 45.4% | 11.7% |
| Q1 26 | $1.52 | — | ||
| Q4 25 | $1.58 | $0.69 | ||
| Q3 25 | $1.20 | $0.67 | ||
| Q2 25 | $1.12 | $0.52 | ||
| Q1 25 | $1.16 | $0.58 | ||
| Q4 24 | $1.19 | $0.46 | ||
| Q3 24 | $1.10 | $0.62 | ||
| Q2 24 | $0.95 | $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 | $1.8B | $151.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.9B | $973.9M |
| Total Assets | $18.2B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| 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 | — | $271.8M |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $973.9M | ||
| Q3 25 | $1.8B | $958.9M | ||
| Q2 25 | $1.7B | $949.8M | ||
| Q1 25 | $1.7B | $920.9M | ||
| Q4 24 | $1.6B | $854.7M | ||
| Q3 24 | $1.6B | $829.4M | ||
| Q2 24 | $1.5B | $703.4M |
| Q1 26 | $18.2B | — | ||
| Q4 25 | $17.7B | $1.2B | ||
| Q3 25 | $17.6B | $1.2B | ||
| Q2 25 | $17.4B | $1.1B | ||
| Q1 25 | $18.6B | $1.1B | ||
| Q4 24 | $17.4B | $1.0B | ||
| Q3 24 | $16.4B | $1.0B | ||
| Q2 24 | $16.0B | $854.5M |
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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $355.2M | $45.9M | ||
| Q3 25 | $140.9M | $60.6M | ||
| Q2 25 | $67.6M | $32.3M | ||
| Q1 25 | $48.0M | $40.0M | ||
| Q4 24 | $252.9M | $40.6M | ||
| Q3 24 | $84.0M | $53.3M | ||
| Q2 24 | $48.3M | $29.4M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 4.11× | 1.78× | ||
| Q3 25 | 2.15× | 2.37× | ||
| Q2 25 | 1.10× | 1.64× | ||
| Q1 25 | 0.76× | 1.80× | ||
| Q4 24 | 3.88× | 2.31× | ||
| Q3 24 | 1.40× | 2.27× | ||
| Q2 24 | 0.93× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SFBS
| Net Interest Income | $148.1M | 93% |
| Noninterest Income | $10.8M | 7% |
SPSC
| Recurring Revenues | $184.5M | 96% |
| One Time Revenues | $8.1M | 4% |
| Set Up Fees | $4.1M | 2% |
