Commerce.com, Inc. (CMRC)
Nasdaq · Services-Prepackaged Software · Services · CIK 1626450 · fiscal year ends in Dec
Closing price $3.28 on 30 Oct 2026; 52-week range $2.06 to $5.51.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $346.9M
- Revenue growth
- 2.8%
- Net income, last twelve months
- -$5.8M
- Earnings per share
- -$0.08
- Gross margin
- 77.2%
- Operating margin
- 0.4%
- Net margin
- -1.7%
- Free cash flow
- $19.6M
- Return on equity
- -11.2%
- Market value
- $271.8M
- Cash
- $57.2M
- Debt
- $156.5M
- Debt to equity
- 3.03
- Shares outstanding
- 82.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $342.3M | -$16.2M | -$19.3M | -$0.24 | $16.9M | 10-K filed 2 Mar 2026 |
| FY2024 | 31 Dec 2024 | $332.9M | -$41.7M | -$27.0M | -$0.35 | $22.5M | 10-K filed 27 Feb 2025 |
| FY2023 | 31 Dec 2023 | $309.4M | -$72.4M | -$64.7M | -$0.86 | -$28.4M | 10-K filed 29 Feb 2024 |
| FY2022 | 31 Dec 2022 | $279.1M | -$140.6M | -$139.9M | -$1.91 | -$94.6M | 10-K filed 1 Mar 2023 |
| FY2021 | 31 Dec 2021 | $219.9M | -$75.9M | -$76.7M | -$1.08 | – | 10-K filed 1 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $84.5M | $1.1M | $0.01 |
| Q1 FY2026 | 31 Mar 2026 | $86.8M | $3.7M | $0.05 |
| Q4 FY2025 | 31 Dec 2025 | $89.5M | -$8.4M | -$0.11 |
| Q3 FY2025 | 30 Sep 2025 | $86.0M | -$2.2M | -$0.03 |
| Q2 FY2025 | 30 Jun 2025 | $84.4M | -$8.4M | -$0.10 |
| Q1 FY2025 | 31 Mar 2025 | $82.4M | -$353.0K | $0.00 |
| Q4 FY2024 | 31 Dec 2024 | $87.0M | -$2.4M | -$0.03 |
| Q3 FY2024 | 30 Sep 2024 | $83.7M | -$7.0M | -$0.09 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Subscription Solutions Fees | $255.6M | 74.7% |
| Partner and Services Fees | $86.7M | 25.3% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $259.1M | 75.7% |
| EMEA | $42.6M | 12.4% |
| APAC | $24.8M | 7.2% |
| Rest of World | $15.9M | 4.6% |
Company events
The newest 8-K filings of 67 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 10 Sep 2026 | 8-K | Restructuring, Investor update, Other events | 2.05, 7.01, 8.01, 9.01 |
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 14 May 2026 | 8-K | Shareholder vote | 5.07, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 14 Apr 2026 | 8-K | Material agreement, Shareholder rights change, Bylaws or fiscal year change | 1.01, 3.03, 5.03, 9.01 |
| 12 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 7 Jan 2026 | 8-K | Results, Leadership change, Restructuring | 2.02, 2.05, 5.02, 9.01 |
| 6 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 9 Oct 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 12 Sep 2025 | 8-K | Other events | 8.01, 9.01 |
| 31 Jul 2025 | 8-K | Results, Bylaws or fiscal year change, Investor update, Other events | 2.02, 5.03, 7.01, 8.01, 9.01 |
| 1 Jul 2025 | 8-K | Leadership change | 5.02 |
Every filing
The newest filings with the SEC of 159 held.
| Filed | Form | Period |
|---|---|---|
| 10 Sep 2026 | 8-K | 15 May 2025 |
| 6 Aug 2026 | 425 | – |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 14 May 2026 | 8-K | 14 May 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 29 Apr 2026 | 425 | – |
| 15 Apr 2026 | 425 | – |
| 14 Apr 2026 | 425 | – |
| 14 Apr 2026 | 8-A12B | – |
| 14 Apr 2026 | 8-K | 13 Apr 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | Lentz Daniel, CFO & COO | Sale under a trading plan | 797 | $3.62 | $2.9K | 470,220 | 27 Oct 2026 |
| 24 Aug 2026 | Lentz Daniel, CFO & COO | Sale under a trading plan | 797 | $2.22 | $1.8K | 472,741 | 26 Aug 2026 |
| 1 Jul 2026 | Lentz Daniel, CFO & COO | Sale under a trading plan | 1,544 | $2.96 | $4.6K | 475,262 | 6 Jul 2026 |
| 26 May 2026 | Lentz Daniel, CFO & COO | Sale under a trading plan | 6,840 | $2.91 | $19.9K | 480,145 | 28 May 2026 |
| 17 Feb 2026 | Siminoff Ellen F, Executive Chair | Purchase | 100,000 | $2.94 | $294.1K | 353,333 | 19 Feb 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 23 Oct 2026 | DANIEL LENTZ, Officer | 797 | $2.9K | 23 Oct 2026 |
| 24 Aug 2026 | DANIEL LENTZ, Officer | 797 | $1.8K | 24 Aug 2026 |
| 1 Jul 2026 | DANIEL LENTZ, Officer | 1,544 | $4.6K | 1 Jul 2026 |
| 26 May 2026 | DANIEL LENTZ, Officer | 6,840 | $20.4K | 26 May 2026 |
| 30 Jan 2026 | RUSSELL S KLEIN, Officer | 29,640 | $91.3K | 30 Jan 2026 |
| 29 Jan 2026 | RUSSELL S KLEIN, Officer | 55,000 | $168.8K | 29 Jan 2026 |
| 28 Jan 2026 | RUSSELL S KLEIN, Officer | 20,954 | $65.7K | 28 Jan 2026 |
| 27 Jan 2026 | RUSSELL S KLEIN, Officer | 53,000 | $167.9K | 27 Jan 2026 |
| 21 Jan 2026 | RUSSELL S KLEIN, Officer | 108,800 | $364.5K | 21 Jan 2026 |
| 16 Jan 2026 | RUSSELL S KLEIN, Officer | 21,200 | $81.0K | 16 Jan 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 27 Oct 2026 | BlackRock, Inc. | 13G amended | 7.1% | 5.9M |
| 9 Sep 2026 | Pale Fire Capital SICAV a.s. | 13D amended | 8.7% | 7.2M |
| 27 Aug 2026 | Pale Fire Capital SICAV a.s. | 13D | 6.5% | 5.4M |
| 29 Apr 2026 | Vanguard Portfolio Management | 13G | 5.8% | 4.8M |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 17 Feb 2026 | Divisar Partners QP, L.P. | 13G amended | 4.6% | 3.8M |
| 17 Feb 2026 | Lynrock Lake LP | 13G amended | 11.4% | 9.3M |
| 11 Feb 2026 | Barclays PLC | 13G | 5.88% | 4.8M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 6.6M | +0.32% | 9.61 |
| 30 Sep 2026 | 6.6M | -5.85% | 9.51 |
| 15 Sep 2026 | 7.0M | +9.99% | 4.55 |
| 31 Aug 2026 | 6.3M | +1.33% | 5.13 |
| 14 Aug 2026 | 6.2M | -0.81% | 3.88 |
| 31 Jul 2026 | 6.3M | -3.9% | 11.34 |
| 15 Jul 2026 | 6.6M | +1.02% | 12.65 |
| 30 Jun 2026 | 6.5M | +7.11% | 8.1 |
Funds that hold it
From each fund's latest Form 13F.
170 funds held it at 30 Jun 2026: 89 added and 38 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Lynrock Lake LP | 9,266,666 | $27.4M | 0 |
| BlackRock, Inc. | 5,520,205 | $16.3M | +757,150 |
| Vanguard Portfolio Management LLC | 4,724,240 | $14.0M | +162,224 |
| Divisar Capital Management LLC | 3,142,845 | $9.3M | -784,051 |
| Acadian Asset Management LLC | 3,116,400 | $9.2M | -2,285 |
| Pale Fire Capital SE | 3,054,890 | $9.0M | +102,796 |
| Vanguard Capital Management LLC | 3,039,302 | $9.0M | +192,655 |
| AQR Capital Management LLC | 2,358,569 | $7.0M | +739,669 |
| Ameriprise Financial Inc. | 1,930,519 | $5.7M | +224,494 |
| Geode Capital Management, LLC | 1,858,023 | $5.5M | +387,337 |
Peers
Companies in the same industry.
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- Palantir Technologies Inc. (PLTR): revenue $6.2B, market value $442.4B
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- SAP SE (SAP): revenue $41.6B, market value $274.5B
- CrowdStrike Holdings, Inc. (CRWD): revenue $5.4B, market value $256.4B
- Shopify Inc. (SHOP): revenue $13.3B, market value $202.6B
- Salesforce, Inc. (CRM): revenue $43.9B, market value $188.5B
- ServiceNow, Inc. (NOW): revenue $15.4B, market value $109.1B
- Snowflake Inc. (SNOW): revenue $5.4B, market value $107.8B
- Cloudflare, Inc. (NET): revenue $2.5B, market value $99.9B