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
DateValue
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