8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $342M | -$19M | 78.7% | -4.7% | $17M | $157M | $44M |
| 2024 | $333M | -$27M | 76.7% | -12.5% | $23M | $216M | $89M |
| 2023 | $309M | -$65M | 76.0% | -23.4% | -$28M | $339M | $72M |
| 2022 | $279M | -$140M | 74.9% | -50.4% | -$95M | $337M | $92M |
| 2021 | $220M | -$77M | 77.9% | -34.5% | — | $336M | $298M |
| 2020 | $152M | -$38M | 77.6% | -25.4% | — | — | $219M |
| 2019 | $112M | -$43M | 75.9% | -36.6% | — | $41M | $8M |
| 2018 | $92M | -$39M | 76.1% | -41.3% | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $87M | $4M | 76.7% | 6.6% | $14M | $157M | $57M |
| Dec '25 | $90M | -$8M | 78.3% | -7.4% | -$2M | $157M | $44M |
| Sep '25 | $86M | -$2M | 78.4% | -0.5% | $8M | $157M | $50M |
| Jun '25 | $84M | -$8M | 79.0% | -8.0% | $12M | $158M | $46M |
| Mar '25 | $82M | -$353000 | 79.4% | -2.9% | -$424000 | $158M | $52M |
| Dec '24 | $87M | -$2M | 77.6% | -0.9% | $12M | $216M | $89M |
| Sep '24 | $84M | -$7M | 76.3% | -23.0% | $5M | — | $35M |
| Jun '24 | $82M | -$11M | 75.8% | -16.5% | $11M | $341M | $133M |
| Mar '24 | $80M | -$6M | 77.1% | -10.2% | -$4M | $341M | $61M |
| Dec '23 | $84M | -$3M | 77.5% | -6.8% | — | $339M | $72M |
| Sep '23 | $78M | -$20M | 75.6% | -28.4% | — | $340M | $70M |
| Jun '23 | $75M | -$19M | 75.1% | -27.7% | — | $339M | $75M |
| Mar '23 | $72M | -$22M | 75.7% | -33.0% | — | $338M | $61M |
| Dec '22 | $72M | -$33M | 74.5% | -47.9% | — | $337M | $92M |
| Sep '22 | $72M | -$30M | 75.8% | -42.2% | — | $337M | $101M |
| Jun '22 | $68M | -$40M | 75.3% | -57.4% | — | $337M | $221M |
| Mar '22 | $66M | -$37M | 74.1% | -54.8% | — | $336M | $251M |
| Dec '21 | $65M | -$34M | 74.4% | -52.1% | — | $336M | $298M |
| Sep '21 | $59M | -$22M | 79.1% | -36.0% | — | $335M | $365M |
| Jun '21 | $49M | -$12M | 79.2% | -25.0% | — | — | $173M |
How the market has priced CMRC against its own fundamentals since 2025-08 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Commerce.com, Inc.'s revenue has grown 17.6% per year. These are computed facts, not advice.
As of FY2025, Commerce.com, Inc. reported $157M of total debt against $44M of cash; operating income covered interest expense -1.6×.
In FY2025, gross margin was 78.7%, operating margin -4.7%, and net margin -5.6%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.