Commerce.com annual net debt
2019
2020
2021
2022
2023
2024
2025
Commerce.com Net Debt Growth & History (CMRC)
Commerce.com's net debt was $117.2M for fiscal 2025.
View full Commerce.com company overviewCommerce.com annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $117.2M | −$14.5M | −11.00% |
| 2024 | 2024-12-31 | $131.7M | −$146.9M | −52.72% |
| 2023 | 2023-12-31 | $278.6M | $20.0M | +7.73% |
| 2022 | 2022-12-31 | $258.6M | $207.7M | +408.38% |
| 2021 | 2021-12-31 | $50.9M | $254.5M | — |
| 2020 | 2020-12-31 | −$203.6M | −$255.1M | — |
| 2019 | 2019-12-31 | $51.5M | — | — |
Commerce.com quarterly net debt
Q4.19
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $107.3M | −$12.4M | −10.36% |
| Q1 2026 | 2026-03-31 | $107.9M | −$6.8M | −5.91% |
| Q4 2025 | 2025-12-31 | $117.2M | −$14.5M | −11.00% |
| Q3 2025 | 2025-09-30 | $116.0M | −$70.3M | −37.74% |
| Q2 2025 | 2025-06-30 | $119.8M | −$96.9M | −44.72% |
| Q1 2025 | 2025-03-31 | $114.7M | −$174.4M | −60.33% |
| Q4 2024 | 2024-12-31 | $131.7M | −$146.9M | −52.72% |
| Q3 2024 | 2024-09-30 | $186.3M | −$94.4M | −33.63% |
| Q2 2024 | 2024-06-30 | $216.6M | −$59.6M | −21.57% |
| Q1 2024 | 2024-03-31 | $289.1M | $326,000 | +0.11% |
| Q4 2023 | 2023-12-31 | $278.6M | $20.0M | +7.73% |
| Q3 2023 | 2023-09-30 | $280.6M | $30.8M | +12.34% |
| Q2 2023 | 2023-06-30 | $276.2M | $146.1M | +112.27% |
| Q1 2023 | 2023-03-31 | $288.8M | $188.8M | +188.87% |
| Q4 2022 | 2022-12-31 | $258.6M | $207.7M | +408.38% |
| Q3 2022 | 2022-09-30 | $249.8M | $265.9M | — |
| Q2 2022 | 2022-06-30 | $130.1M | $288.7M | — |
| Q1 2022 | 2022-03-31 | $100.0M | $274.5M | — |
| Q4 2021 | 2021-12-31 | $50.9M | $254.5M | — |
| Q3 2021 | 2021-09-30 | −$16.1M | $124.4M | — |
| Q2 2021 | 2021-06-30 | −$158.6M | −$221.7M | — |
| Q1 2021 | 2021-03-31 | −$174.5M | — | — |
| Q4 2020 | 2020-12-31 | −$203.6M | −$255.1M | — |
| Q3 2020 | 2020-09-30 | −$140.5M | — | — |
| Q2 2020 | 2020-06-30 | $63.1M | — | — |
| Q4 2019 | 2019-12-31 | $51.5M | — | — |
Commerce.com net debt trends
Over the last five fiscal years, Commerce.com's net debt increased from −$203.6M to $117.2M, a change of $320.8M. The latest reported quarter, Q2 2026, shows $107.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Commerce.com source filings ↗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 ...