Commerce.com, Inc.
CMRC Nasdaq· Services-Prepackaged Software
Last close · Oct 23, 2026
$3.56
KIRA · Stoqly’s AI analyst, in plain words
- Commerce.com, Inc. had $342M of revenue in fiscal 2025, up 2.8% on the year before. Over five years, revenue changed +17.6% a year on average.
- Its operating margin was −4.7%, up 7.8 pts: of every 100 in sales, about −5 is left after running the business.
- Commerce.com, Inc. lost $19.3M in fiscal 2025.
- Free cash flow was $16.9M in fiscal 2025, 4.9% of revenue.
- Commerce.com, Inc. owes $16.0M more than it holds in cash.
Market cap
$295M
P/E
—
Revenue
$342M
Net income
−$19.3M
Free cash flow
$16.9M
Operating margin
−4.7%
Commerce.com, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+2.8%
Only a little. Sales grew 2.8% last year.
Does it make a profit?
−5.6%
No. It lost money last year.
Does profit turn into cash?
4.9%
Partly. 4.9% of sales ends up as free cash.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Commerce.com, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Legal name
- Commerce.com, Inc.
- CIK
- 0001626450
Commerce.com, Inc. · CMRC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $220M | $279M | $309M | $333M | $342M |
| Revenue growth | 44.3% | 26.9% | 10.9% | 7.6% | 2.8% |
| Gross margin | 77.9% | 74.9% | 76.0% | 76.7% | 78.7% |
| Operating margin | −34.5% | −50.4% | −23.4% | −12.5% | −4.7% |
| Net income | −$76.7M | −$140M | −$64.7M | −$27.0M | −$19.3M |
| Net margin | −34.9% | −50.1% | −20.9% | −8.1% | −5.6% |
| Diluted EPS | −$1.08 | −$1.91 | −$0.86 | −$0.35 | −$0.24 |
| Cash | |||||
| Cash from operations | −$40.3M | −$89.4M | −$24.2M | $26.3M | $25.5M |
| Capital expenditure | — | $5.2M | $4.2M | $3.7M | $8.6M |
| Free cash flow | — | −$94.6M | −$28.4M | $22.5M | $16.9M |
| FCF margin | — | −33.9% | −9.2% | 6.8% | 4.9% |
| Share count change | 81.5% | 3.2% | 2.6% | 3.3% | 3.5% |
| Debt and strength | |||||
| Cash and short-term investments | $400M | $304M | $270M | $178M | $141M |
| Debt incl. finance leases | $336M | $337M | $340M | $216M | $157M |
| Shareholders' equity | $138M | $45.7M | $25.5M | $33.4M | $39.4M |
| Current ratio | 7.2x | 4.8x | 4.8x | 2.9x | 2.0x |
| Interest coverage | −91.7x | −49.7x | −25.1x | −6.9x | −1.6x |
| Returns and quality | |||||
| Return on capital | −81.1% | −139.4% | −60.0% | −45.9% | −23.2% |
| Return on equity | −43.2% | −152.1% | −181.6% | −91.8% | −53.2% |
| Return on tangible equity | −126.1% | — | — | — | — |
| Piotroski F-score | 3 | 2 | 5 | 6 | 6 |
| Altman Z'' | 1.8 | −1.4 | −1.4 | −3.5 | −4.7 |
Insiders bought, 12 months
$0.3M
1 insider
Insiders sold, 12 months
$0.0M
1 insider
Of sales under plans
100%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Commerce.com, Inc. · CMRC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.56 a share, the company is worth $295M.
Source: SEC EDGAR XBRL filings (CIK 0001626450). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.