Commerce.com (CMRC) Cost of Revenue (2019 - 2026)

Commerce.com (CMRC) recorded quarterly Cost of Revenue of $20.2 million in Q1 2026, down 42.72% quarter-over-quarter from $35.2 million in Q4 2025, and up 18.88% on a YoY basis from $17.0 million in Q1 2025.

Commerce.com (CMRC) Cost of Revenue (2019 - 2026) Analysis & Trends

Commerce.com's Cost of Revenue history runs 8 years deep, the most recent figure standing at $20.2 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 18.88% year-over-year to $20.2 million; the TTM figure through Mar 2026 stood at $109.1 million (up 75.58% YoY), while the FY2025 annual figure was $137.0 million, up 76.53% from the prior year.
  • Cost of Revenue was $20.2 million for Q1 2026 at Commerce.com, down from $35.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $36.0 million in Q2 2022 to a low of -$31.7 million in Q4 2023.
  • Historically, Cost of Revenue has averaged $19.8 million across 5 years, with a median of $19.1 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Cost of Revenue tumbled 271.4% in 2023, then surged 257.31% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $18.5 million in 2022, then sank by 271.4% to -$31.7 million in 2023, then grew by 29.3% to -$22.4 million in 2024, then soared by 257.31% to $35.2 million in 2025, then tumbled by 42.72% to $20.2 million in 2026.
  • The last three Cost of Revenue figures came in at $20.2 million (Q1 2026), $35.2 million (Q4 2025), and $18.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 236.58 Bn 218.61 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 174.94 Bn 172.39 Bn - 55.33 Mn
3 Uber Technologies 149.11 Bn 148.07 Bn 11.88 Bn 1.33 Bn
4 Shopify 146.47 Bn 140.73 Bn 1.55 Bn 1.62 Bn
5 Salesforce 143.14 Bn 131.30 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 107.89 Bn 102.71 Bn 2.83 Bn 940.00 Mn
7 Cadence Design Systems 107.18 Bn 105.77 Bn 1.26 Bn 211.49 Mn
8 Automatic Data Processing 89.86 Bn 86.63 Bn 2.87 Bn 3.07 Bn
9 Adobe 84.54 Bn 77.65 Bn 5.73 Bn 1.71 Bn
10 Commerce.com 220.70 Mn 161.61 Mn 66.65 Mn 20.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 20.19 Mn
Mar 31, 2026 20.19 Mn
Dec 31, 2025 35.25 Mn
Dec 31, 2025 35.25 Mn
Sep 30, 2025 18.60 Mn
Sep 30, 2025 18.60 Mn
Jun 30, 2025 35.07 Mn
Jun 30, 2025 35.07 Mn
Mar 31, 2025 16.98 Mn
Mar 31, 2025 16.98 Mn
Dec 31, 2024 -22.41 Mn
Dec 31, 2024 -22.41 Mn
Sep 30, 2024 33.14 Mn
Sep 30, 2024 33.14 Mn
Jun 30, 2024 34.43 Mn
Jun 30, 2024 34.43 Mn
Mar 31, 2024 18.44 Mn
Mar 31, 2024 18.44 Mn
Dec 31, 2023 -31.70 Mn
Dec 31, 2023 -31.70 Mn