8-K Announcements
6May 7, 2026·SEC
Apr 14, 2026·SEC
Feb 12, 2026·SEC
Commerce.com, Inc. (CMRC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Commerce.com, Inc. (CMRC) stock price & volume — 10-year historical chart
Commerce.com, Inc. (CMRC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Commerce.com, Inc. (CMRC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.05vs $0.11-54.5% | $87Mvs $83M+4.3% |
| Q1 2026 | Feb 12, 2026 | $0.07vs $0.07+0.0% | $90Mvs $90M-0.9% |
| Q4 2025 | Nov 6, 2025 | $0.08vs $0.01+700.0% | $86Mvs $90M-4.6% |
| Q3 2025 | Jul 31, 2025 | $0.04vs $0.03+33.3% | $84Mvs $86M-1.9% |
Commerce.com, Inc. (CMRC) competitors in E-commerce platforms and retail enablement — business model, growth, and fundamentals comparison
Commerce.com, Inc. (CMRC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Commerce.com, Inc. (CMRC) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 91.87M | 112.1M | 152.37M | 219.85M | 279.07M | 309.39M | 332.93M | 342.35M | 346.82M |
| Revenue Growth % | - | 22.03% | 35.92% | 44.29% | 26.94% | 10.86% | 7.61% | 2.83% | 3.55% |
| Cost of Goods Sold | 21.94M | 27.02M | 34.13M | 48.48M | 69.98M | 74.2M | 77.59M | 72.75M | 75.96M |
| COGS % of Revenue | 23.88% | 24.11% | 22.4% | 22.05% | 25.08% | 23.98% | 23.31% | 21.25% | - |
| Gross Profit | 69.93M▲ 0% | 85.08M▲ 21.7% | 118.24M▲ 39.0% | 171.38M▲ 44.9% | 209.09M▲ 22.0% | 235.19M▲ 12.5% | 255.34M▲ 8.6% | 269.6M▲ 5.6% | 270.86M▲ 0% |
| Gross Margin % | 76.12% | 75.89% | 77.6% | 77.95% | 74.92% | 76.02% | 76.69% | 78.75% | 78.1% |
| Gross Profit Growth % | - | 21.66% | 38.98% | 44.94% | 22.01% | 12.48% | 8.57% | 5.58% | - |
| Operating Expenses | 107.91M | 126.07M | 156.94M | 247.32M | 349.66M | 307.64M | 297.02M | 285.81M | 276.46M |
| OpEx % of Revenue | 117.46% | 112.46% | 103% | 112.49% | 125.29% | 99.43% | 89.22% | 83.49% | - |
| Selling, General & Admin | 65.42M | 82.94M | 108.61M | 156.19M | 210.78M | 199.07M | 191.4M | 192.83M | 189.23M |
| SG&A % of Revenue | 71.22% | 73.99% | 71.28% | 71.04% | 75.53% | 64.34% | 57.49% | 56.33% | - |
| Research & Development | 42.48M | 43.12M | 48.33M | 64.55M | 88.25M | 83.46M | 80.88M | 73.02M | 71.85M |
| R&D % of Revenue | 46.25% | 38.47% | 31.72% | 29.36% | 31.62% | 26.98% | 24.29% | 21.33% | - |
| Other Operating Expenses | -52K | 0 | 0 | 26.58M | 50.63M | 25.11M | 24.75M | 19.96M | 3M |
| Operating Income | -37.98M▲ 0% | -40.99M▼ 7.9% | -38.7M▲ 5.6% | -75.94M▼ 96.3% | -140.57M▼ 85.1% | -72.44M▲ 48.5% | -41.68M▲ 42.5% | -16.22M▲ 61.1% | -8.04M▲ 0% |
| Operating Margin % | -41.34% | -36.56% | -25.4% | -34.54% | -50.37% | -23.41% | -12.52% | -4.74% | -2.32% |
| Operating Income Growth % | - | -7.92% | 5.59% | -96.25% | -85.1% | 48.46% | 42.46% | 61.1% | - |
| EBITDA | -36.14M | -38.42M | -35.61M | -69.79M | -129.15M | -59.96M | -27.87M | -2.56M | 1.34M |
| EBITDA Margin % | -39.34% | -34.27% | -23.37% | -31.74% | -46.28% | -19.38% | -8.37% | -0.75% | 0.39% |
| EBITDA Growth % | - | -6.31% | 7.3% | -95.97% | -85.04% | 53.57% | 53.52% | 90.83% | 106.31% |
| D&A (Non-Cash Add-back) | 1.84M | 2.57M | 3.08M | 6.15M | 11.42M | 12.48M | 13.81M | 13.66M | 9.38M |
| EBIT | -37.38M | -40.95M | -34.43M | -76.46M | -138.56M | -55.76M | -20.91M | -8.15M | -10.62M |
| Net Interest Income | -836K | -1.37M | -3.07M | -124K | 3.33M | 8.61M | 4.52M | -5.21M | -4.21M |
| Interest Income | 653K | 245K | 31K | 130K | 4.2M | 11.49M | 10.57M | 4.82M | 4.69M |
| Interest Expense | 1.49M | 1.61M | 3.1M | 254K | 868K | 2.88M | 6.05M | 10.03M | 5.24M |
| Other Income/Expense | -888K | -1.57M | 1.16M | -768K | 1.14M | 7.77M | 15.67M | -1.96M | -6.13M |
| Pretax Income | -38.87M▲ 0% | -42.56M▼ 9.5% | -37.53M▲ 11.8% | -76.71M▼ 104.4% | -139.42M▼ 81.8% | -64.67M▲ 53.6% | -26.02M▲ 59.8% | -18.18M▲ 30.1% | -14.17M▲ 0% |
| Pretax Margin % | -42.31% | -37.97% | -24.63% | -34.89% | -49.96% | -20.9% | -7.81% | -5.31% | -4.08% |
| Income Tax | 10K | 28K | 25K | -34K | 495K | 0 | 1.01M | 1.17M | 190K |
| Effective Tax Rate % | -0.03% | -0.07% | -0.07% | 0.04% | -0.36% | 0% | -3.9% | -6.42% | -1.34% |
| Net Income | -38.88M▲ 0% | -42.59M▼ 9.5% | -37.56M▲ 11.8% | -76.68M▼ 104.1% | -139.92M▼ 82.5% | -64.67M▲ 53.8% | -27.03M▲ 58.2% | -19.34M▲ 28.4% | -15.26M▲ 0% |
| Net Margin % | -42.32% | -37.99% | -24.65% | -34.88% | -50.14% | -20.9% | -8.12% | -5.65% | -4.4% |
| Net Income Growth % | - | -9.55% | 11.81% | -104.15% | -82.48% | 53.78% | 58.2% | 28.44% | 27.3% |
| Net Income (Continuing) | -38.88M | -42.59M | -37.56M | -76.68M | -139.92M | -64.67M | -27.03M | -19.34M | -15.26M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.68▲ 0% | -0.64▲ 5.9% | -0.55▲ 14.1% | -1.08▼ 96.4% | -1.91▼ 76.9% | -0.86▲ 55.0% | -0.35▲ 59.3% | -0.24▲ 31.4% | -0.19▲ 0% |
| EPS Growth % | - | 5.88% | 14.06% | -96.36% | -76.85% | 54.97% | 59.3% | 31.43% | 31.53% |
| EPS (Basic) | -0.68 | -0.64 | -0.55 | -1.08 | -1.91 | -0.86 | -0.35 | -0.24 | - |
| Diluted Shares Outstanding | 56.9M | 66.87M | 69.51M | 70.93M | 73.23M | 75.14M | 77.6M | 80.3M | 82.32M |
| Basic Shares Outstanding | 56.9M | 66.87M | 69.51M | 70.93M | 73.23M | 75.14M | 77.6M | 80.3M | 82.04M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Commerce.com, Inc. (CMRC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 53.12M | 31.67M | 254.07M | 454.55M | 374.25M | 341.99M | 251.22M | 214.36M | 229.99M |
| Cash & Short-Term Investments | 36.16M | 7.79M | 219.45M | 399.88M | 303.51M | 270.13M | 178.16M | 141.1M | 155.14M |
| Cash Only | 12.79M | 7.79M | 219.45M | 297.56M | 91.57M | 71.72M | 88.88M | 44.26M | 57.2M |
| Short-Term Investments | 23.37M | 0 | 0 | 102.31M | 211.94M | 198.41M | 89.28M | 96.84M | 97.94M |
| Accounts Receivable | 10.24M | 15.55M | 22.89M | 39.81M | 35.07M | 37.71M | 48.12M | 49.97M | 49.55M |
| Days Sales Outstanding | 40.68 | 50.62 | 54.84 | 66.09 | 45.87 | 44.49 | 52.75 | 53.27 | 52.5 |
| Inventory | 3.21M | 3.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 53.41 | 40.95 | - | - | - | - | - | - | - |
| Other Current Assets | 3.21M | 0 | 3.73M | 5.16M | 35.66M | 34.14M | 24.94M | 7.95M | 25.3M |
| Total Non-Current Assets | 5.98M | 24.39M | 22.55M | 100.91M | 99.81M | 102.07M | 89.07M | 94.43M | 94.27M |
| Property, Plant & Equipment | 5.23M | 22.31M | 18.96M | 16.94M | 14.97M | 14.64M | 11.12M | 21.07M | 22.91M |
| Fixed Asset Turnover | 17.56x | 5.03x | 8.03x | 12.98x | 18.64x | 21.14x | 29.94x | 16.25x | 17.62x |
| Goodwill | 0 | 0 | 0 | 42.43M | 49.75M | 52.09M | 51.93M | 51.93M | 51.93M |
| Intangible Assets | 0 | 0 | 0 | 35.03M | 27.58M | 27.05M | 17.32M | 11.29M | 9.76M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 753K | 2.09M | 3.59M | 6.5M | 7.51M | 8.3M | 8.71M | 10.14M | 39.66M |
| Total Assets | 59.1M▲ 0% | 56.06M▼ 5.1% | 276.63M▲ 393.4% | 555.46M▲ 100.8% | 474.06M▼ 14.7% | 444.06M▼ 6.3% | 340.29M▼ 23.4% | 308.79M▼ 9.3% | 324.26M▲ 0% |
| Asset Turnover | 1.55x | 2.00x | 0.55x | 0.40x | 0.59x | 0.70x | 0.98x | 1.11x | 1.11x |
| Asset Growth % | - | -5.14% | 393.41% | 100.8% | -14.66% | -6.33% | -23.37% | -9.26% | -36.8% |
| Total Current Liabilities | 27.64M | 33.91M | 45.89M | 62.81M | 78.79M | 70.75M | 88.01M | 108.19M | 116.44M |
| Accounts Payable | 5.46M | 3.88M | 5.79M | 8.21M | 7.01M | 7.98M | 7.02M | 9.87M | 8.54M |
| Days Payables Outstanding | 90.9 | 52.42 | 61.91 | 61.82 | 36.58 | 39.26 | 33.01 | 49.52 | 44.11 |
| Short-Term Debt | 946K | 2.36M | 0 | 0 | 0 | 547K | 0 | 4.04M | 5.8M |
| Deferred Revenue (Current) | 10.43M | 9.4M | 11.41M | 12.75M | 17.78M | 32.24M | 46.59M | 0 | 243.33M |
| Other Current Liabilities | 5.97M | 9.43M | 3.11M | 18.26M | 33.23M | 10.07M | 9.96M | 87.92M | 33.26M |
| Current Ratio | 1.92x | 0.93x | 5.54x | 7.24x | 4.75x | 4.83x | 2.85x | 1.98x | 1.98x |
| Quick Ratio | 1.81x | 0.84x | 5.54x | 7.24x | 4.75x | 4.83x | 2.85x | 1.98x | 1.98x |
| Cash Conversion Cycle | 3.19 | 39.16 | - | - | - | - | - | - | 8.39 |
| Total Non-Current Liabilities | 242.94M | 279.45M | 13.98M | 354.36M | 349.6M | 347.77M | 218.91M | 161.25M | 160.94M |
| Long-Term Debt | 23.41M | 38.5M | 0 | 335.54M | 337.5M | 339.61M | 216.47M | 153.01M | 159.33M |
| Capital Lease Obligations | -216.45M | 15.71M | 12.67M | 10.22M | 10.01M | 7.61M | 1.68M | 6.89M | 20.65M |
| Deferred Tax Liabilities | 216.45M | 208.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -215.5M | 15.71M | 0 | 7.25M | 334K | 551K | 768K | 1.35M | 5.48M |
| Total Liabilities | 270.58M | 313.37M | 59.87M | 417.17M | 428.38M | 418.52M | 306.92M | 269.44M | 277.38M |
| Total Debt | 24.36M | 59.29M | 15.85M | 348.41M | 350.11M | 350.31M | 220.58M | 165.52M | 165.13M |
| Net Debt | 11.57M | 51.49M | -203.6M | 50.85M | 258.54M | 278.59M | 131.71M | 121.26M | 107.92M |
| Debt / Equity | - | - | 0.07x | 2.52x | 7.67x | 13.72x | 6.61x | 4.21x | 4.21x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | 123.05x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | 80.42x |
| Interest Coverage | -25.10x | -25.40x | -11.10x | -301.01x | -159.63x | -19.33x | -3.46x | -0.81x | -2.03x |
| Total Equity | -211.48M▲ 0% | -257.3M▼ 21.7% | 216.76M▲ 184.2% | 138.29M▼ 36.2% | 45.67M▼ 67.0% | 25.53M▼ 44.1% | 33.37M▲ 30.7% | 39.35M▲ 17.9% | 46.88M▲ 0% |
| Equity Growth % | - | -21.67% | 184.24% | -36.2% | -66.97% | -44.09% | 30.69% | 17.94% | 137.31% |
| Book Value per Share | -3.72 | -3.85 | 3.12 | 1.95 | 0.62 | 0.34 | 0.43 | 0.49 | 0.57 |
| Total Shareholders' Equity | -211.48M | -257.3M | 216.76M | 138.29M | 45.67M | 25.53M | 33.37M | 39.35M | 46.88M |
| Common Stock | 2K | 2K | 7K | 7K | 7K | 7K | 7K | 7K | 7K |
| Retained Earnings | -224.72M | -274.55M | -313.39M | -390.07M | -529.99M | -594.66M | -621.69M | -641.03M | -637.3M |
| Treasury Stock | -13.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -14K | 0 | 0 | -191K | -1.2M | 163K | 145K | 224K | -14K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Commerce.com, Inc. (CMRC) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -30.59M | -39.97M | -26.53M | -40.3M | -89.36M | -24.24M | 26.25M | 27.4M | 27.4M |
| Operating CF Margin % | -33.3% | -35.65% | -17.41% | -18.33% | -32.02% | -7.84% | 7.89% | 8% | - |
| Operating CF Growth % | - | -30.66% | 33.63% | -51.91% | -121.73% | 72.87% | 208.3% | 4.37% | 4510.27% |
| Net Income | -38.88M | -42.59M | -37.56M | -76.68M | -139.92M | -64.67M | -27.03M | -8.36M | -15.26M |
| Depreciation & Amortization | 1.84M | 2.57M | 3.08M | 6.15M | 11.42M | 12.48M | 13.81M | 14.35M | 12.01M |
| Stock-Based Compensation | 2.07M | 3.16M | 11.06M | 25.42M | 42.33M | 41.19M | 35.38M | 23.58M | 16.13M |
| Deferred Taxes | 151K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 49K | 973K | -2.04M | 4.05M | 17.54M | 16.54M | -5.44M | -12.47M | 16.67M |
| Working Capital Changes | 4.17M | -4.08M | -1.07M | 754K | -20.73M | -29.78M | 9.54M | 10.3M | 15.82M |
| Change in Receivables | -4.63M | -6.3M | -9.3M | -17.28M | -20.34M | -3.88M | -14.21M | -5.54M | -8.58M |
| Change in Inventory | 2.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 291K | -1.58M | 1.91M | 2.14M | -1.2M | 962K | -895K | 2.24M | 679K |
| Cash from Investing | -26.52M | 17.87M | -1.96M | -186.88M | -116.53M | 2.82M | 105.29M | -18.52M | -41.27M |
| Capital Expenditures | -3.33M | -5.58M | -1.96M | -3.3M | -5.2M | -4.18M | -3.72M | -8.6M | -12.06M |
| CapEx % of Revenue | 3.62% | 4.98% | 1.29% | 1.5% | 1.86% | 1.35% | 1.12% | 2.51% | - |
| Acquisitions | 0 | 0 | 0 | -81.07M | -696K | -7.89M | -100K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -23.19M | 0 | 0 | 0 | 0 | 0 | 0 | -2.44M | 0 |
| Cash from Financing | 64.24M | 17.35M | 239.95M | 305.27M | 209K | 1.24M | -114.04M | -53.08M | 1.75M |
| Debt Issued (Net) | 0 | 16.45M | 13.24M | 334.96M | 0 | 687K | -109.12M | -54.53M | -217K |
| Equity Issued (Net) | 63.63M | 0 | 239.52M | 5.88M | 209K | 3.85M | -741K | 3.63M | -731K |
| Dividends Paid | 0 | 0 | -12.81M | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -731K |
| Other Financing | 607K | 901K | 0 | -35.57M | 0 | -3.29M | -4.18M | -1.96M | 2.69M |
| Net Change in Cash | 7.13M▲ 0% | -4.75M▼ 166.6% | 14.96M▲ 415.1% | 274.6M▲ 1735.9% | -205.67M▼ 174.9% | -20.18M▲ 90.2% | 17.51M▲ 186.8% | -44.19M▼ 352.4% | 5.84M▲ 0% |
| Free Cash Flow | -33.92M▲ 0% | -45.55M▼ 34.3% | -28.49M▲ 37.4% | -43.6M▼ 53.0% | -94.55M▼ 116.8% | -28.42M▲ 69.9% | 22.53M▲ 179.3% | 18.8M▼ 16.6% | 33.31M▲ 0% |
| FCF Margin % | -36.92% | -40.63% | -18.7% | -19.83% | -33.88% | -9.19% | 6.77% | 5.49% | 9.61% |
| FCF Growth % | - | -34.29% | 37.44% | -53.03% | -116.84% | 69.94% | 179.28% | -16.56% | 39.46% |
| FCF per Share | -0.60 | -0.68 | -0.41 | -0.61 | -1.29 | -0.38 | 0.29 | 0.23 | 0.23 |
| FCF Conversion (FCF/Net Income) | 0.79x | 0.94x | 0.71x | 0.53x | 0.64x | 0.37x | -0.97x | -1.42x | -2.18x |
| Interest Paid | 0 | 1.63M | 0 | 0 | 903K | 894K | 2.47M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 32K | 583K | 381K | 0 | 343K |
Commerce.com, Inc. (CMRC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -17.33% | -43.19% | -152.12% | -181.65% | -91.78% | -53.19% | -36.37% |
| Return on Invested Capital (ROIC) | - | -220.59% | -56.31% | -42.74% | -17.86% | -13.33% | -7.47% | -7.47% |
| Gross Margin | 75.89% | 77.6% | 77.95% | 74.92% | 76.02% | 76.69% | 78.75% | 78.1% |
| Net Margin | -37.99% | -24.65% | -34.88% | -50.14% | -20.9% | -8.12% | -5.65% | -4.4% |
| Debt / Equity | - | 0.07x | 2.52x | 7.67x | 13.72x | 6.61x | 4.21x | 4.21x |
| Interest Coverage | -25.40x | -11.10x | -301.01x | -159.63x | -19.33x | -3.46x | -0.81x | -2.03x |
| FCF Conversion | 0.94x | 0.71x | 0.53x | 0.64x | 0.37x | -0.97x | -1.42x | -2.18x |
| Revenue Growth | 22.03% | 35.92% | 44.29% | 26.94% | 10.86% | 7.61% | 2.83% | 3.55% |
Commerce.com, Inc. (CMRC) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 7, 2026·SEC
Apr 14, 2026·SEC
Feb 12, 2026·SEC
Commerce.com, Inc. (CMRC) stock FAQ — growth, dividends, profitability & financials explained
Commerce.com, Inc. (CMRC) reported $346.8M in revenue for fiscal year 2025. This represents a 278% increase from $91.9M in 2018.
Commerce.com, Inc. (CMRC) grew revenue by 2.8% over the past year. Growth has been modest.
Commerce.com, Inc. (CMRC) reported a net loss of $15.3M for fiscal year 2025.
Commerce.com, Inc. (CMRC) has a return on equity (ROE) of -53.2%. Negative ROE indicates the company is unprofitable.
Commerce.com, Inc. (CMRC) generated $33.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Commerce.com, Inc. (CMRC) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates