AvePoint (AVPT) vs SPS Commerce (SPSC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
AvePoint (AVPT) has outperformed SPS Commerce (SPSC) over the past year, losing 3.5% versus a loss of 22.6%. Over five years, AVPT leads with a +69.8% price change compared with -50.3% for SPSC. AvePoint is the larger company by market cap ($3.02 billion vs $2.92 billion), about 1.0 times the size.
On valuation, SPS Commerce trades at a lower forward P/E (15.2x vs 28.7x for AvePoint). SPS Commerce converts more of its revenue into profit, with a net margin of 12.4% versus 8.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AVPT | SPSC |
|---|---|---|
| Share price | $14.28 | $81.00 |
| Market cap | $3.02B | $2.92B |
| 1-day change | -2.12% | -0.02% |
| YTD return | +2.81% | -9.12% |
| 1-year return | -3.51% | -22.55% |
| 5-year return | +69.80% | -50.29% |
| P/E ratio (TTM) | 46.06 | 39.13 |
| Forward P/E | 28.70 | 15.21 |
| EPS (TTM) | $0.31 | $2.07 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $419.50M | $751.50M |
| Revenue growth (YoY) | +26.93% | +17.83% |
| Net income (latest FY) | $34.80M | $93.34M |
| Gross margin | 74.06% | 69.18% |
| Operating margin | 7.87% | 15.74% |
| Net margin | 8.30% | 12.42% |
| 52-week high | $15.48 | $114.87 |
| 52-week low | $8.84 | $49.04 |
| Distance from 52-week high | -7.75% | -29.49% |
| Analyst consensus | buy | none |
| Avg. price target upside | +17.72% | -6.85% |
| Average volume | 2.08M | 551.30K |
| Shares outstanding | 211.57M | 36.00M |
| Employees | 3,443 | 2,948 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AVPT has outperformed SPSC by 19.0 percentage points over the past year.
- AvePoint grew revenue faster in its latest fiscal year (+26.93% vs +17.83%).
About AvePoint
AVPT stock →AvePoint, Inc. provides cloud-native data management software platform in North America, Europe, the Middle East, Africa, and the Asia Pacific.
Technology · Computer Software: Prepackaged Software · 3,443 employees
About SPS Commerce
SPSC stock →SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States.
Technology · Computer Software: Prepackaged Software · 2,948 employees
AVPT vs SPSC FAQ
Which is bigger, AvePoint or SPS Commerce?
AvePoint (AVPT) is larger, with a market capitalization of $3.02B compared with $2.92B for SPS Commerce (SPSC).
Which stock has performed better over the past year, AVPT or SPSC?
AVPT returned -3.51% over the past 12 months, compared with -22.55% for SPSC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AVPT or SPSC?
SPSC has the lower trailing P/E at 39.1, versus 46.1 for AVPT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are AvePoint and SPS Commerce in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.