Revenue
2018
2019
2020
2021
2022
2023
2024
2025
Commerce.com, Inc. (CMRC)
Price$2.54Cached quote
Net income
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $342.3M | $332.9M | $309.4M | $279.1M | $219.9M | $152.4M | $112.1M | $91.9M |
| Gross profit | $269.6M | $255.3M | $235.2M | $209.1M | $171.4M | $118.2M | $85.1M | $69.9M |
| Gross margin | 78.75% | 76.69% | 76.02% | 74.92% | 77.95% | 77.60% | 75.89% | 76.12% |
| Research & development | $73.0M | $80.9M | $83.5M | $88.3M | $64.5M | $48.3M | $43.1M | $42.5M |
| Operating expenses | $285.8M | $297.0M | $307.6M | $349.7M | $247.3M | $156.9M | $126.1M | $107.9M |
| Operating income | −$16.2M | −$41.7M | −$72.4M | −$140.6M | −$75.9M | −$38.7M | −$41.0M | −$38.0M |
| Operating margin | −4.74% | −12.52% | −23.41% | −50.37% | −34.54% | −25.40% | −36.56% | −41.34% |
| EBITDA | −$12.2M | −$37.7M | −$68.3M | −$137.3M | −$73.1M | −$35.6M | −$38.4M | −$36.2M |
| EBITDA margin | −3.57% | −11.32% | −22.09% | −49.19% | −33.27% | −23.36% | −34.24% | −39.38% |
| Net income | −$19.3M | −$27.0M | −$64.7M | −$139.9M | −$76.7M | −$37.6M | −$42.6M | −$38.9M |
| Net profit margin | −5.65% | −8.12% | −20.90% | −50.14% | −34.88% | −24.65% | −37.99% | −42.32% |
| Basic EPSper basic share | -$0.24 | -$0.35 | -$0.86 | -$1.91 | -$1.08 | -$0.99 | -$2.80 | -$2.59 |
| Diluted EPSper diluted share | -$0.24 | -$0.35 | -$0.86 | -$1.91 | -$1.08 | -$0.99 | -$2.80 | -$2.59 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
Lynrock Lake LP | 9.27M |
BlackRock, Inc. | 5.52M |
VANGUARD PORTFOLIO MANAGEMENT LLC | 4.72M |
Divisar Capital Management LLC | 3.14M |
ACADIAN ASSET MANAGEMENT LLC | 3.12M |
Pale Fire Capital SE | 3.05M |
VANGUARD CAPITAL MANAGEMENT LLC | 3.04M |
AQR CAPITAL MANAGEMENT LLC | 2.36M |
AMERIPRISE FINANCIAL INC | 1.93M |
GEODE CAPITAL MANAGEMENT, LLC | 1.86M |
S SQUARED TECHNOLOGY, LLC | 1.6M |
STATE STREET CORP | 1.44M |
Connor, Clark & Lunn Investment Management Ltd. | 1.38M |
RENAISSANCE TECHNOLOGIES LLC | 1.24M |
MONIMUS CAPITAL MANAGEMENT, LP | 1.07M |
HERALD INVESTMENT MANAGEMENT Ltd | 1.06M |
COMMERCE BANK | 1M |
MARSHALL WACE, LLP | 910.39K |
P.A.W. CAPITAL CORP | 900K |
Hess Christopher Travis | 886.92K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 26, 2026Form 4 · 10b5-1 | Lentz DanielCFO & COO | SellSeries 1 Common Stock | 6.8K | $2.91 | $19.9K | 480.1K |
| Feb 17, 2026Form 4 | Siminoff Ellen FExecutive Chair | BuySeries 1 Common Stock · indirect | 100.0K | $2.94 | $294.0K | 353.3K |
| Sep 12, 2025Form 4 | Klein Russell ScottChief Commercial Officer | SellSeries 1 Common Stock | 98.1K | $4.59 | $450.2K | 444.0K |
| Jun 3, 2025Form 4 | BOHN LAWRENCE SDirector | SellSeries 1 Common Stock · indirect | 1.02M | $5.01 | $5.13M | 0 |
| Jun 2, 2025Form 4 | BOHN LAWRENCE SDirector | SellSeries 1 Common Stock · indirect | 176.2K | $5.01 | $882.8K | 1.02M |
Community posts
Commerce targets $60–80 million in annual savings and authorizes a buyback
Commerce.com ($CMRC) announced an operating plan designed to cut its annualized non-GAAP cost base by approximately $60–80 million. The company expects only a small initial benefit in 2026, with the full effect developing in 2027. It is tar ...
