Commerce.com Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-19.34	-27.03	-64.67	-139.92	-76.68
Depreciation & Amortization	13.66	13.81	12.48	11.42	6.15
Other Amortization	0.69	1.58	1.98	1.96	0.57
Stock-Based Compensation	23.58	35.38	41.19	42.33	25.42
Provision & Write-off of Bad Debts	3.87	3.21	0.81	8.24	3.47
Other Operating Activities	-5.36	-10.23	0.24	3.76	-
Change in Accounts Receivable	-5.54	-14.21	-3.88	-20.34	-17.28
Change in Accounts Payable	2.24	-0.9	0.96	-1.2	2.14
Change in Unearned Revenue	12.99	14.35	12.56	5.31	1.4
Change in Other Net Operating Assets	0.62	10.29	-25.9	-0.93	14.5
Operating Cash Flow	27.4	26.25	-24.24	-89.36	-40.3
Operating Cash Flow Growth	4.37%	-	-	-	-
Capital Expenditures	-8.6	-3.72	-4.18	-5.2	-3.3
Cash Acquisitions	-	-0.1	-7.89	-0.7	-81.07
Sale (Purchase) of Intangibles	-2.44	-	-	-	-
Investment in Securities	-7.48	109.11	14.89	-110.63	-102.51
Investing Cash Flow	-18.52	105.29	2.82	-116.53	-186.88
Long-Term Debt Issued	-	-	1.08	-	345
Long-Term Debt Repaid	-54.53	-109.12	-0.39	-	-
Net Debt Issued (Repaid)	-54.53	-109.12	0.69	-	345
Issuance of Common Stock	3.63	1.71	3.85	0.21	5.88
Repurchase of Common Stock	-1.96	-2.45	-3.29	-	-
Other Financing Activities	-0.22	-4.18	-	-	-45.61
Financing Cash Flow	-53.08	-114.04	1.24	0.21	305.27
Net Cash Flow	-44.19	17.51	-20.19	-205.67	78.1
Free Cash Flow	18.8	22.53	-28.42	-94.55	-43.6
Free Cash Flow Growth	-16.56%	-	-	-	-
Free Cash Flow Margin	5.49%	6.77%	-9.19%	-33.88%	-19.83%
Free Cash Flow Per Share	0.23	0.29	-0.38	-1.29	-0.61
Cash Interest Paid	11.17	2.47	0.89	0.9	-
Cash Income Tax Paid	-	0.38	0.58	0.03	-
Levered Free Cash Flow	34.46	42.75	5.72	-12.55	-7.18
Unlevered Free Cash Flow	40.04	44.95	5.55	-12.75	-7.23
Change in Working Capital	10.3	9.54	-16.26	-17.16	0.75

Source: S&P Global Market Intelligence. Standard template. Financial Sources.