SP Plus (SP) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

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

Date	Revenue	Change
2023-12-31	$1.78B	14.73%
2022-12-31	$1.55B	31.97%
2021-12-31	$1.18B	8.31%
2020-12-31	$1.09B	-34.67%
2019-12-31	$1.66B	13.30%
2018-12-31	$1.47B	-7.68%
2017-12-31	$1.59B	-1.55%
2016-12-31	$1.62B	-0.02%
2015-12-31	$1.62B	6.68%
2014-12-31	$1.51B	3.27%
2013-12-31	$1.47B	53.76%
2012-12-31	$953.94M	30.74%
2011-12-31	$729.66M	1.18%
2010-12-31	$721.14M	3.69%
2009-12-31	$695.49M	-0.75%
2008-12-31	$700.76M	12.26%
2007-12-31	$624.24M	3.02%
2006-12-31	$605.95M	3.29%
2005-12-31	$586.65M	4.08%
2004-12-31	$563.63M	3.32%
2003-12-31	$545.54M	-0.19%
2002-12-31	$546.55M	124.17%
2001-12-31	$243.81M	-3.43%
2000-12-31	$252.48M	1.85%
1999-12-31	$247.90M	26.79%
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

Date	Revenue	Change
2024-03-31	$451.40M	-0.59%
2023-12-31	$454.10M	-1.43%
2023-09-30	$460.70M	4.18%
2023-06-30	$442.20M	3.97%
2023-03-31	$425.30M	1.67%
2022-12-31	$418.30M	3.44%
2022-09-30	$404.40M	6.14%
2022-06-30	$381.00M	8.92%
2022-03-31	$349.80M	1.92%
2021-12-31	$343.20M	10.14%
2021-09-30	$311.60M	13.02%
2021-06-30	$275.70M	11.76%
2021-03-31	$246.70M	0.82%
2020-12-31	$244.70M	6.81%
2020-09-30	$229.10M	12.64%
2020-06-30	$203.40M	-50.35%
2020-03-31	$409.70M	-2.80%
2019-12-31	$421.50M	0.69%
2019-09-30	$418.60M	1.06%
2019-06-30	$414.20M	1.17%
2019-03-31	$409.40M	8.51%
2018-12-31	$377.30M	4.20%
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	$415.40M	0.22%
2017-03-31	$414.50M	2.04%
2016-12-31	$406.20M	-0.71%
2016-09-30	$409.10M	1.61%
2016-06-30	$402.60M	1.26%
2016-03-31	$397.60M	-1.92%
2015-12-31	$405.37M	1.15%
2015-09-30	$400.76M	-1.20%
2015-06-30	$405.62M	0.36%
2015-03-31	$404.15M	5.19%
2014-12-31	$384.21M	1.03%
2014-09-30	$380.29M	1.56%
2014-06-30	$374.43M	-0.36%
2014-03-31	$375.77M	1.41%
2013-12-31	$370.54M	4.29%
2013-09-30	$355.31M	-4.05%
2013-06-30	$370.29M	0.08%
2013-03-31	$370.01M	-2.73%
2012-12-31	$380.39M	96.94%
2012-09-30	$193.15M	1.16%
2012-06-30	$190.95M	0.79%
2012-03-31	$189.44M	4.90%
2011-12-31	$180.59M	-3.49%
2011-09-30	$187.13M	4.15%
2011-06-30	$179.66M	-1.44%
2011-03-31	$182.28M	-0.92%
2010-12-31	$183.97M	1.68%
2010-09-30	$180.93M	2.22%
2010-06-30	$177.00M	-1.25%
2010-03-31	$179.25M	1.25%
2009-12-31	$177.03M	2.73%
2009-09-30	$172.32M	1.01%
2009-06-30	$170.59M	-2.82%
2009-03-31	$175.55M	0.55%
2008-12-31	$174.59M	-1.59%
2008-09-30	$177.41M	0.95%
2008-06-30	$175.74M	1.57%
2008-03-31	$173.03M	4.40%
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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Reimbursed Management Type Contract	$899.10M	$759.10M	$575.70M	$537.90M	$728.80M
Lease Type Contracts	$293.20M	$275.70M	$215.60M	$189.40M	$408.90M
Lease And Management Type Contracts	$883.20M	$794.40M	$601.50M	$549.00M	$934.90M
Management Type Contracts	$590.00M	$518.70M	$385.90M	$359.60M	$526.00M
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/Service	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
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
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
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
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
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

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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

Country	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ARMK	Aramark	$17.40B	$4.38B
ABM	ABM Industries	$8.10B	$2.09B
MMS	Maximus	$5.31B	$1.35B
BV	BrightView	$2.77B	$738.80M
UNF	UniFirst	$2.43B	$603.33M
CBZ	CBIZ	$1.59B	$438.88M
AZZ	AZZ	$1.54B	$714.50M
FA	First Advantage	$763.76M	$199.12M
CVEO	Civeo	$699.01M	$175.97M
CASS	Cass Information Systems	$196.96M	$22.77M

SP Revenue FAQ

What is SP Plus’s yearly revenue?

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.

What is SP Plus’s quarterly revenue?

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).

What is SP Plus’s revenue growth rate?

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%.

What are SP Plus’s revenue streams?

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

What is SP Plus’s main source of revenue?

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.