Commerce.com, Inc. (CMRC)

NASDAQ: CMRC · Real-Time Price · USD

2.500

+0.130 (5.49%)

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

2.610

+0.110 (4.40%)

Pre-market: Aug 31, 2026, 8:22 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	Jun '26 Jun 30, 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	346.9	342.35	332.93	309.39	279.08	219.86
Revenue Growth	2.77%	2.83%	7.61%	10.86%	26.94%	44.29%
Gross Profit	267.7	269.6	255.34	235.19	209.1	171.38
Operating Income	9.88	-4.73	-26.67	-55.76	-98.02	-52.64
Net Income	-5.78	-19.34	-27.03	-64.67	-139.92	-76.68
Earnings Per Share	-0.07	-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	Jun '26 Jun 30, 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	256.66	255.62	247.87	229.27	205.8	154.93
Partner and Services	90.24	86.73	85.06	80.13	73.28	64.92
Revenue (Total)	346.9	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	Jun '26 Jun 30, 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	156.32	141.1	178.16	270.13	303.51	399.88
Total Debt	164.51	165.52	220.58	349.77	350.11	348.41
Net Cash (Debt)	-8.18	-24.42	-42.42	-79.63	-46.6	51.47
Net Cash Growth	-	-	-	-	-	-74.72%
Net Cash Per Share	-0.10	-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	Jun '26 Jun 30, 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	35	25.49	26.25	-24.24	-89.36	-40.3
Capital Expenditures	-15.45	-8.6	-3.72	-4.18	-5.2	-3.3
Free Cash Flow	19.55	16.89	22.53	-28.42	-94.55	-43.6
Free Cash Flow Growth	-29.07%	-25.03%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	77.17%	78.75%	76.70%	76.02%	74.92%	77.95%
Operating Margin	2.85%	-1.38%	-8.01%	-18.02%	-35.12%	-23.95%
Pretax Margin	-1.35%	-5.31%	-7.81%	-20.90%	-49.96%	-34.89%
Profit Margin	-1.67%	-5.65%	-8.12%	-20.90%	-50.14%	-34.88%
FCF Margin	5.64%	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	Aug '26 Aug 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
Forward PE	10.13	14.55	24.31	46.09	-	-
P/FCF Ratio	10.60	19.82	21.29	-	-	-
PS Ratio	0.60	0.98	1.44	2.39	2.31	11.52