SPS Commerce (SPSC) vs Via Transportation (VIA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
SPS Commerce (SPSC) has outperformed Via Transportation (VIA) over the past year, losing 22.6% versus a loss of 34.4%. SPS Commerce is the larger company by market cap ($2.92 billion vs $2.60 billion), about 1.1 times the size, while Via Transportation is growing revenue faster (+28.6% vs +17.8%). On valuation, SPS Commerce trades at a lower forward P/E (15.2x vs 76.9x for Via Transportation).
SPS Commerce converts more of its revenue into profit, with a net margin of 12.4% versus -22.2%.
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 | SPSC | VIA |
|---|---|---|
| Share price | $81.00 | $30.49 |
| Market cap | $2.92B | $2.60B |
| 1-day change | -0.02% | -1.10% |
| YTD return | -9.12% | +5.10% |
| 1-year return | -22.55% | -34.43% |
| 5-year return | -50.29% | — |
| P/E ratio (TTM) | 39.13 | — |
| Forward P/E | 15.21 | 76.94 |
| EPS (TTM) | $2.07 | $-0.47 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $751.50M | $434.34M |
| Revenue growth (YoY) | +17.83% | +28.64% |
| Net income (latest FY) | $93.34M | $-96.36M |
| Gross margin | 69.18% | 39.55% |
| Operating margin | 15.74% | -17.64% |
| Net margin | 12.42% | -22.19% |
| 52-week high | $114.87 | $55.20 |
| 52-week low | $49.04 | $12.95 |
| Distance from 52-week high | -29.49% | -44.76% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | -6.85% | +20.99% |
| Average volume | 551.30K | 791.16K |
| Shares outstanding | 36.00M | 77.45M |
| Employees | 2,948 | 1,040 |
| 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
- SPSC has outperformed VIA by 11.9 percentage points over the past year.
- SPS Commerce is more profitable, keeping 12.4 cents of every revenue dollar as net income versus -22.2 cents for Via Transportation.
- Via Transportation grew revenue faster in its latest fiscal year (+28.64% vs +17.83%).
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
About Via Transportation
VIA stock →Via Transportation, Inc. provides a platform that transforms global transportation systems into digital networks in the United States, Germany, and internationally.
Technology · Computer Software: Prepackaged Software · 1,040 employees
SPSC vs VIA FAQ
Which is bigger, SPS Commerce or Via Transportation?
SPS Commerce (SPSC) is larger, with a market capitalization of $2.92B compared with $2.60B for Via Transportation (VIA).
Which stock has performed better over the past year, SPSC or VIA?
SPSC returned -22.55% over the past 12 months, compared with -34.43% for VIA (price return, excluding dividends). Past performance does not predict future results.
Are SPS Commerce and Via Transportation in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.