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Commerce.com, Inc.

CMRC

NASDAQTechnologySoftware - Application

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Previous close

$2.22

−$0.03 · -1.33%

Aug 21, 4:00 PM ET

CMRC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

85

Deep Value

Momentum

35

Weakening

Sentiment

38

Bearish

Risk resilience

35

High Risk

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Company profile

Company website

Commerce.com, Inc. delivers a global e-commerce platform via a software-as-a-service (SaaS) model, assisting brands and retailers across the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. This comprehensive platform empowers businesses to establish and expand their online presence. Its features span storefront design, product catalog administration, hosting services, streamlined checkout processes, order fulfillment management, and detailed reporting. Crucially, it offers pre-integrated access to vital third-party functionalities, such as payment gateways, shipping solutions, and accounting software. The company's offerings serve a wide array of online stores, accommodating various sizes, product categories, and transaction models, encompassing both business-to-consumer (B2C) and business-to-business (B2B) operations. Founded in 2009 and headquartered in Austin, Texas, the entity currently known as BigCommerce Holdings, Inc. is scheduled to officially rebrand as Commerce.com, Inc. in July 2025.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Christopher Travis Hess
Listed since
Aug 5, 2020
Employees
1,079

Market position

Day range

Current $2.22

52-week range

Current $2.22

Open
$2.235
Previous close
$2.25
Volume
612.68K
0.72× average
Average volume
849.5K
Average daily volume
Market cap
183.18M USD
Beta
1.15
Market reference 1
50-day average
$2.7843
-20.27% below average
200-day average
$3.2566
-31.83% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
452.08M USD
P/E (TTM)
-32.13×
P/B (TTM)
3.55×
P/S (TTM)
0.53×
EV / EBITDA
82×
Earnings yield
-5.85%
Free cash flow yield
5.68%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
76.73%
Operating margin
0.68%
Net margin
-1.67%
Return on equity
-49.15%
Return on assets
-6.26%
Return on invested capital
-7.86%

Financial health

Debt / equity
3.11×
Current ratio
1.98×
Altman Z-score
-0.79
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends92%40%-12%-63%Gross margin, FY2021: 77.95%Gross margin, FY2022: 74.92%Gross margin, FY2023: 76.02%Gross margin, FY2024: 76.69%Gross margin, FY2025: 78.75%Operating margin, FY2021: -34.54%Operating margin, FY2022: -50.37%Operating margin, FY2023: -23.41%Operating margin, FY2024: -12.52%Operating margin, FY2025: -4.74%Net margin, FY2021: -34.88%Net margin, FY2022: -50.14%Net margin, FY2023: -20.90%Net margin, FY2024: -8.12%Net margin, FY2025: -5.65%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 77.95%. Gross margin FY2022 74.92%. Gross margin FY2023 76.02%. Gross margin FY2024 76.69%. Gross margin FY2025 78.75%. Operating margin FY2021 -34.54%. Operating margin FY2022 -50.37%. Operating margin FY2023 -23.41%. Operating margin FY2024 -12.52%. Operating margin FY2025 -4.74%. Net margin FY2021 -34.88%. Net margin FY2022 -50.14%. Net margin FY2023 -20.90%. Net margin FY2024 -8.12%. Net margin FY2025 -5.65%.

Income trends

Revenue

342.35M USD+2.83%

Operating income

−16.22M USD+61.10%

Net income

−19.34M USD+28.44%
Income trends across reported periods390.64M USD197.47M USD4.31M USD−188.86M USDRevenue, FY2021: 219.86M USDRevenue, FY2022: 279.08M USDRevenue, FY2023: 309.39M USDRevenue, FY2024: 332.93M USDRevenue, FY2025: 342.35M USDOperating income, FY2021: −75.94M USDOperating income, FY2022: −140.57M USDOperating income, FY2023: −72.44M USDOperating income, FY2024: −41.68M USDOperating income, FY2025: −16.22M USDNet income, FY2021: −76.68M USDNet income, FY2022: −139.92M USDNet income, FY2023: −64.67M USDNet income, FY2024: −27.03M USDNet income, FY2025: −19.34M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 219.86M USD. Revenue FY2022 279.08M USD. Revenue FY2023 309.39M USD. Revenue FY2024 332.93M USD. Revenue FY2025 342.35M USD. Operating income FY2021 −75.94M USD. Operating income FY2022 −140.57M USD. Operating income FY2023 −72.44M USD. Operating income FY2024 −41.68M USD. Operating income FY2025 −16.22M USD. Net income FY2021 −76.68M USD. Net income FY2022 −139.92M USD. Net income FY2023 −64.67M USD. Net income FY2024 −27.03M USD. Net income FY2025 −19.34M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue342.35M USD332.93M USD309.39M USD279.08M USD219.86M USD
Cost of goods sold72.75M USD77.59M USD74.2M USD69.98M USD48.48M USD
Gross profit269.6M USD255.34M USD235.19M USD209.1M USD171.38M USD
Research and development73.02M USD80.88M USD83.46M USD88.25M USD64.55M USD
Selling, general, and administrative192.83M USD191.4M USD199.07M USD210.78M USD156.19M USD
Operating expenses285.81M USD297.02M USD307.64M USD349.66M USD247.32M USD
Interest income4.82M USD10.57M USD11.49M USD4.2M USD130K USD
Interest expense10.03M USD6.05M USD2.88M USD868K USD254K USD
Depreciation and amortization13.66M USD13.81M USD12.48M USD11.42M USD6.15M USD
Operating income−16.22M USD−41.68M USD−72.44M USD−140.57M USD−75.94M USD
Net income−19.34M USD−27.03M USD−64.67M USD−139.92M USD−76.68M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 0 misses, 1 met estimate
Average EPS surprise
+117.26%
11 comparable reports
Latest EPS result
0.08
Estimate 0.04 · Beat by 88.15%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.170.120.060.01Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MetQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.11, estimate 0.07, surprise +57.14%, Beat. Q2 2025, reported May 8, 2025: actual 0.07, estimate 0.06, surprise +16.67%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.04, estimate 0.03, surprise +33.33%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.08, estimate 0.01, surprise +700.00%, Beat. Q1 2026, reported Feb 12, 2026: actual 0.07, estimate 0.07, surprise 0.00%, Met estimate. Q2 2026, reported May 7, 2026: actual 0.13, estimate 0.11, surprise +18.18%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.08, estimate 0.043, surprise +88.15%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.04, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates93.91M88.86M83.81M78.76MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 87.03M USD, estimate 82.84M USD, surprise +5.05%, Beat. Q2 2025, reported May 8, 2025: actual 82.37M USD, estimate 83.18M USD, surprise -0.97%, Miss. Q3 2025, reported Jul 31, 2025: actual 84.43M USD, estimate 86.08M USD, surprise -1.91%, Miss. Q4 2025, reported Nov 6, 2025: actual 86.03M USD, estimate 90.22M USD, surprise -4.65%, Miss. Q1 2026, reported Feb 12, 2026: actual 89.52M USD, estimate 90.3M USD, surprise -0.87%, Miss. Q2 2026, reported May 7, 2026: actual 86.84M USD, estimate 83.23M USD, surprise +4.34%, Beat. Q3 2026, reported Aug 6, 2026: actual 84.51M USD, estimate 85.12M USD, surprise -0.71%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 84.16M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.25

91.44% upside
Past 12 months12-month forecastHigh $5.00Average $4.25Low $3.50

Recent analyst actions

9 institutions
StifelmaintainBuy

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ETFs holding CMRC

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
6.81M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
5.55M
Weight
0.00%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
2.49M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
1.34M
Weight
0.01%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Vanguard U.S. Value Factor ETF logoVanguard U.S. Value Factor ETFVFVA
Market value
1.24M
Weight
0.15%
AUM
912.5M USD
Expense ratio
0.13%
Price / 1D
$162.26+1.08%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
712.48K
Weight
0.00%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%
Vanguard Russell 2000 Growth ETF logoVanguard Russell 2000 Growth ETFVTWG
Market value
257.18K
Weight
0.01%
AUM
1.7B USD
Expense ratio
0.06%
Price / 1D
$282.73+1.21%
Schwab U.S. Broad Market ETF logoSchwab U.S. Broad Market ETFSCHB
Market value
137.41K
Weight
0.00%
AUM
44.6B USD
Expense ratio
0.03%
Price / 1D
$29.61+0.48%

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