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| Date | Value |
|---|---|
| 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 |