Commerce.com (CMRC) Cost of Revenue (2019 - 2026)
Commerce.com's (CMRC) quarterly Cost of Revenue came in at $20.2 million in Q1 2026, up 18.88% year-on-year from $17.0 million in Q1 2025, and up 3.9% quarter-over-quarter from $19.4 million in Q4 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.
- On a quarterly basis, Cost of Revenue rose 18.88% year-over-year to $20.2 million in Q1 2026; TTM through Mar 2026 was $76.0 million, a 0.23% change from a year earlier, with the FY2025 full-year figure at $72.8 million, down 6.23% from the prior year.
- Cost of Revenue grew to $20.2 million in Q1 2026 per CMRC's latest filing, from $19.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $20.2 million in Q1 2026 and bottomed at $16.9 million in Q2 2022.
- The 5-year median for Cost of Revenue is $18.6 million (2025), against an average of $18.5 million.
- Across the five-year window, Cost of Revenue jumped 84.9% in 2022 and fell 10.46% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $18.5 million in 2022, then grew by 2.46% to $18.9 million in 2023, then rose by 2.8% to $19.5 million in 2024, then declined by 0.22% to $19.4 million in 2025, then gained by 3.9% to $20.2 million in 2026.
- Per Business Quant, the three latest CMRC Cost of Revenue figures stand at $20.2 million (Q1 2026), $19.4 million (Q4 2025), and $18.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Commerce.com | 233.42 Mn | 78.28 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 | 19.43 Mn |
| Dec 31, 2025 | 19.43 Mn |
| Sep 30, 2025 | 18.60 Mn |
| Sep 30, 2025 | 18.60 Mn |
| Jun 30, 2025 | 17.74 Mn |
| Jun 30, 2025 | 17.74 Mn |
| Mar 31, 2025 | 16.98 Mn |
| Mar 31, 2025 | 16.98 Mn |
| Dec 31, 2024 | 19.48 Mn |
| Dec 31, 2024 | 19.48 Mn |
| Sep 30, 2024 | 19.86 Mn |
| Sep 30, 2024 | 19.86 Mn |
| Jun 30, 2024 | 19.81 Mn |
| Jun 30, 2024 | 19.81 Mn |
| Mar 31, 2024 | 18.44 Mn |
| Mar 31, 2024 | 18.44 Mn |
| Dec 31, 2023 | 18.95 Mn |
| Dec 31, 2023 | 18.95 Mn |