SP Plus (SP) Revenue & Revenue Breakdown


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SP Plus Revenue Highlights


Latest Revenue (Y)

$1.78B

Latest Revenue (Q)

$451.40M

Main Segment (Y)

Reimbursed Management Type Contract

Main Geography (Y)

Segment Two

SP Plus Revenue by Period


SP Plus Revenue by Year

DateRevenueChange
2023-12-31$1.78B14.73%
2022-12-31$1.55B31.97%
2021-12-31$1.18B8.31%
2020-12-31$1.09B-34.67%
2019-12-31$1.66B13.30%
2018-12-31$1.47B-7.68%
2017-12-31$1.59B-1.55%
2016-12-31$1.62B-0.02%
2015-12-31$1.62B6.68%
2014-12-31$1.51B3.27%
2013-12-31$1.47B53.76%
2012-12-31$953.94M30.74%
2011-12-31$729.66M1.18%
2010-12-31$721.14M3.69%
2009-12-31$695.49M-0.75%
2008-12-31$700.76M12.26%
2007-12-31$624.24M3.02%
2006-12-31$605.95M3.29%
2005-12-31$586.65M4.08%
2004-12-31$563.63M3.32%
2003-12-31$545.54M-0.19%
2002-12-31$546.55M124.17%
2001-12-31$243.81M-3.43%
2000-12-31$252.48M1.85%
1999-12-31$247.90M26.79%
1998-12-31$195.52M-

SP Plus generated $1.78B in revenue during NA 2023, up 14.73% compared to the previous quarter, and up 121.38% compared to the same period a year ago.

SP Plus Revenue by Quarter

DateRevenueChange
2024-03-31$451.40M-0.59%
2023-12-31$454.10M-1.43%
2023-09-30$460.70M4.18%
2023-06-30$442.20M3.97%
2023-03-31$425.30M1.67%
2022-12-31$418.30M3.44%
2022-09-30$404.40M6.14%
2022-06-30$381.00M8.92%
2022-03-31$349.80M1.92%
2021-12-31$343.20M10.14%
2021-09-30$311.60M13.02%
2021-06-30$275.70M11.76%
2021-03-31$246.70M0.82%
2020-12-31$244.70M6.81%
2020-09-30$229.10M12.64%
2020-06-30$203.40M-50.35%
2020-03-31$409.70M-2.80%
2019-12-31$421.50M0.69%
2019-09-30$418.60M1.06%
2019-06-30$414.20M1.17%
2019-03-31$409.40M8.51%
2018-12-31$377.30M4.20%
2018-09-30$362.10M-0.03%
2018-06-30$362.20M-1.25%
2018-03-31$366.80M-6.52%
2017-12-31$392.40M-0.08%
2017-09-30$392.70M-5.46%
2017-06-30$415.40M0.22%
2017-03-31$414.50M2.04%
2016-12-31$406.20M-0.71%
2016-09-30$409.10M1.61%
2016-06-30$402.60M1.26%
2016-03-31$397.60M-1.92%
2015-12-31$405.37M1.15%
2015-09-30$400.76M-1.20%
2015-06-30$405.62M0.36%
2015-03-31$404.15M5.19%
2014-12-31$384.21M1.03%
2014-09-30$380.29M1.56%
2014-06-30$374.43M-0.36%
2014-03-31$375.77M1.41%
2013-12-31$370.54M4.29%
2013-09-30$355.31M-4.05%
2013-06-30$370.29M0.08%
2013-03-31$370.01M-2.73%
2012-12-31$380.39M96.94%
2012-09-30$193.15M1.16%
2012-06-30$190.95M0.79%
2012-03-31$189.44M4.90%
2011-12-31$180.59M-3.49%
2011-09-30$187.13M4.15%
2011-06-30$179.66M-1.44%
2011-03-31$182.28M-0.92%
2010-12-31$183.97M1.68%
2010-09-30$180.93M2.22%
2010-06-30$177.00M-1.25%
2010-03-31$179.25M1.25%
2009-12-31$177.03M2.73%
2009-09-30$172.32M1.01%
2009-06-30$170.59M-2.82%
2009-03-31$175.55M0.55%
2008-12-31$174.59M-1.59%
2008-09-30$177.41M0.95%
2008-06-30$175.74M1.57%
2008-03-31$173.03M4.40%
2007-12-31$165.73M-

SP Plus generated $451.40M in revenue during Q1 2024, up -0.59% compared to the previous quarter, and up 107.91% compared to the same period a year ago.

SP Plus Revenue Breakdown


SP Plus Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Management Type Contracts$590.00M$518.70M$385.90M$359.60M$526.00M
Lease And Management Type Contracts$883.20M$794.40M$601.50M$549.00M$934.90M
Lease Type Contracts$293.20M$275.70M$215.60M$189.40M$408.90M
Reimbursed Management Type Contract$899.10M$759.10M$575.70M$537.90M$728.80M
Lease Impairment---$97.10M-

SP Plus's latest annual revenue breakdown by segment (product or service), as of Dec 23: Reimbursed Management Type Contract (33.73%), Lease And Management Type Contracts (33.13%), Management Type Contracts (22.13%), and Lease Type Contracts (11.00%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Lease Type Contracts$62.60M$73.80M$74.90M$76.30M$68.20M$70.30M$72.20M$70.60M$62.60M$62.30M$59.70M$50.90M$42.70M$39.00M$38.50M$30.20M$81.70M$101.30M$104.60M$105.20M
Lease And Management Type Contracts$222.10M$217.20M$228.40M$221.30M$216.30M$206.40M$207.10M$196.50M$184.40M$170.00M$161.60M$141.20M$128.70M$119.00M$118.20M$93.00M$218.80M$231.90M$237.20M$235.10M
Reimbursed Management Type Contract$229.80M$236.90M$232.30M$220.90M$209.00M$211.90M$197.30M$184.50M$165.40M$173.20M$150.00M$134.50M$118.00M$125.70M$110.90M$110.40M$190.90M$189.60M$181.40M$179.10M
Management Type Contracts$159.50M$143.40M$153.50M$145.00M$148.10M$136.10M$134.90M$125.90M$121.80M$107.70M$101.90M$90.30M$86.00M$80.00M$79.70M$62.80M$137.10M$130.60M$132.60M$129.90M
Lease Impairment----------$3.50M-$100.00K-------

SP Plus's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Reimbursed Management Type Contract (34.09%), Lease And Management Type Contracts (32.95%), Management Type Contracts (23.66%), and Lease Type Contracts (9.29%).

SP Plus Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Segment Two$297.70M$255.90M$162.50M$149.10M$294.20M

SP Plus's latest annual revenue breakdown by geography, as of Dec 23: Segment Two (100.00%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Segment Two$74.20M$70.20M$81.90M$73.70M$71.90M$68.80M$70.30M$63.60M$53.20M$49.70M$45.30M$36.80M$30.70M$30.20M$32.60M$21.10M$67.90M$72.80M$76.20M$74.90M

SP Plus's latest quarterly revenue breakdown by geography, as of Mar 24: Segment Two (100.00%).

SP Plus Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ARMKAramark$18.85B$4.38B
ABMABM Industries$8.10B$2.09B
MMSMaximus$4.90B$1.35B
BVBrightView$2.82B$738.80M
UNFUniFirst$2.23B$603.33M
SPSP Plus$1.78B$451.40M
CBZCBIZ$1.59B$53.64M
AZZAZZ$1.54B$723.75M
FAFirst Advantage$763.76M$184.55M
CVEOCiveo$699.01M$188.71M
PFSWPFSweb$295.12M$67.92M
CASSCass Information Systems$196.96M$48.99M

SP Revenue FAQ


SP Plus's yearly revenue for 2023 was $1.78B, representing an increase of 14.73% compared to 2022. The company's yearly revenue for 2022 was $1.55B, representing an increase of 31.97% compared to 2021. SP's yearly revenue for 2021 was $1.18B, representing an increase of 8.31% compared to 2020.

SP Plus's quarterly revenue for Q1 2024 was $451.4M, a -0.59% decrease from the previous quarter (Q4 2023), and a 6.14% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $454.1M, a -1.43% decrease from the previous quarter (Q3 2023), and a 8.56% increase year-over-year (Q4 2022). SP's quarterly revenue for Q3 2023 was $460.7M, a 4.18% increase from the previous quarter (Q2 2023), and a 13.92% increase year-over-year (Q3 2022).

SP Plus's revenue growth rate for the last 3 years (2021-2023) was 51.40%, and for the last 5 years (2019-2023) was 7.13%.

SP Plus's revenue streams in c 23 are Management Type Contracts, Lease And Management Type Contracts, Lease Type Contracts, and Reimbursed Management Type Contract. Management Type Contracts generated $590M in revenue, accounting 22.13% of the company's total revenue, up 13.75% year-over-year. Lease And Management Type Contracts generated $883.2M in revenue, accounting 33.13% of the company's total revenue, up 11.18% year-over-year. Lease Type Contracts generated $293.2M in revenue, accounting 11.00% of the company's total revenue, up 6.35% year-over-year. Reimbursed Management Type Contract generated $899.1M in revenue, accounting 33.73% of the company's total revenue, up 18.44% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of SP Plus was Reimbursed Management Type Contract. This segment made a revenue of $899.1M, representing 33.73% of the company's total revenue.