Commerce.com, Inc. (CMRC)

NASDAQ: CMRC · Real-Time Price · USD

3.200

+0.360 (12.68%)

At close: Jul 28, 2026, 4:00 PM EDT

3.212

+0.012 (0.37%)

Pre-market: Jul 29, 2026, 7:41 AM EDT

Commerce.com Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	346.82	342.35	332.93	309.39	279.08	219.86
Revenue Growth	3.55%	2.83%	7.61%	10.86%	26.94%	44.29%
Gross Profit	270.86	269.6	255.34	235.19	209.1	171.38
Operating Income	-8.04	-16.22	-41.68	-72.44	-140.57	-75.94
Net Income	-15.26	-19.34	-27.03	-64.67	-139.92	-76.68
Earnings Per Share	-0.18	-0.24	-0.35	-0.86	-1.91	-1.08
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Subscription Solutions	257.19	255.62	247.87	229.27	205.8	154.93
Partner and Services	89.64	86.73	85.06	80.13	73.28	64.92
Revenue (Total)	346.82	342.35	332.93	309.39	279.08	219.86

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Investments	155.14	141.1	178.16	270.13	303.51	399.88
Total Debt	165.13	165.52	220.58	349.77	350.11	348.41
Net Cash (Debt)	-9.99	-24.42	-42.42	-79.63	-46.6	51.47
Net Cash Growth	-	-	-	-	-	-74.72%
Net Cash Per Share	-0.12	-0.30	-0.55	-1.06	-0.64	0.73

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Cash Flow	43.46	25.49	26.25	-24.24	-89.36	-40.3
Capital Expenditures	-12.06	-8.6	-3.72	-4.18	-5.2	-3.3
Free Cash Flow	31.41	16.89	22.53	-28.42	-94.55	-43.6
Free Cash Flow Growth	19.27%	-25.03%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Gross Margin	78.10%	78.75%	76.69%	76.02%	74.92%	77.95%
Operating Margin	-2.32%	-4.74%	-12.52%	-23.41%	-50.37%	-34.54%
Pretax Margin	-4.08%	-5.31%	-7.81%	-20.90%	-49.96%	-34.89%
Profit Margin	-4.40%	-5.65%	-8.12%	-20.90%	-50.14%	-34.88%
FCF Margin	9.06%	4.93%	6.77%	-9.19%	-33.88%	-19.83%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 29, 2026	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
Forward PE	7.44	14.55	24.31	46.09	-	-
P/FCF Ratio	8.41	19.91	21.34	-	-	-
PS Ratio	0.76	0.98	1.44	2.40	2.32	11.63