Commerce.com (CMRC) Cost of Revenue (2019 - 2026)
Commerce.com (CMRC) posted Cost of Revenue of $21.0 million for Q2 2026, up 3.92% on a QoQ basis from $20.2 million in Q1 2026, and up 18.28% year-over-year from $17.7 million in Q2 2025.
Analysis
Commerce.com (CMRC) Cost of Revenue (2019 - 2026) Analysis & Trends
Commerce.com has reported Cost of Revenue for 8 years, with the latest figure at $21.0 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 18.28% year-over-year to $21.0 million in Q2 2026; TTM through Jun 2026 was $79.2 million, a 6.94% increase from a year earlier, with the FY2025 full-year figure at $72.8 million, down 6.23% from the prior year.
- Cost of Revenue was $21.0 million for Q2 2026 at Commerce.com, up from $20.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $21.0 million in Q2 2026, with the low at $16.9 million in Q2 2022.
- Average Cost of Revenue over 5 years is $18.6 million, with a median of $18.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 84.9% in 2022, then declined 10.46% in 2025.
- Over 5 years, Cost of Revenue stood at $18.5 million in 2022, then increased by 2.46% to $18.9 million in 2023, then gained by 2.8% to $19.5 million in 2024, then fell by 0.22% to $19.4 million in 2025, then advanced by 7.97% to $21.0 million in 2026.
- The last three Cost of Revenue figures came in at $21.0 million (Q2 2026), $20.2 million (Q1 2026), and $19.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 1.88 Bn |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 167.13 Mn |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | 12.68 Mn |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 20.98 Mn |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | 100.63 Mn |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | 4.64 Mn |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | - |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | 2.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.98 Mn |
| Mar 31, 2026 | 20.19 Mn |
| Dec 31, 2025 | 19.43 Mn |
| Sep 30, 2025 | 18.60 Mn |
| Jun 30, 2025 | 17.74 Mn |
| Mar 31, 2025 | 16.98 Mn |
| Dec 31, 2024 | 19.48 Mn |
| Sep 30, 2024 | 19.86 Mn |
| Jun 30, 2024 | 19.81 Mn |
| Mar 31, 2024 | 18.44 Mn |
| Dec 31, 2023 | 18.95 Mn |
| Sep 30, 2023 | 19.05 Mn |
| Jun 30, 2023 | 18.76 Mn |
| Mar 31, 2023 | 17.45 Mn |
| Dec 31, 2022 | 18.49 Mn |
| Sep 30, 2022 | 17.53 Mn |
| Jun 30, 2022 | 16.86 Mn |
| Mar 31, 2022 | 17.10 Mn |
| Dec 31, 2021 | 16.64 Mn |
| Sep 30, 2021 | 12.40 Mn |