Commerce.com (CMRC) EBITDA Margin (2019 - 2026)
Commerce.com (CMRC) posted EBITDA Margin of 6.77% for Q2 2026, up 10.25 percentage points from -3.48% a year earlier but down 3.20 percentage points from the prior quarter.
Commerce.com (CMRC) EBITDA Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Commerce.com was 3.72%, up 7.93 percentage points year-over-year; for FY2025, it was -0.75%, up 7.63 percentage points from FY2024.
- Annual EBITDA Margin has increased for three consecutive years, with a five-year change of +22.63 percentage points (FY2020 to FY2025).
- In prior years, Commerce.com's EBITDA Margin was -8.37% in FY2024 (+11.01 pp), -19.38% in FY2023 (+26.90 pp), -46.28% in FY2022 (-14.53 pp) and -31.74% in FY2021 (-8.37 pp).
- Quarterly EBITDA Margin has run from a low of -53.25% in Q2 2022 to a high of 9.97% in Q1 2026 over five years.
- On a year-over-year basis, EBITDA Margin increased in seven of the last eight quarters, with an average year-over-year change of +7.54 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q4 2023, with a gain of 41.43 percentage points; the weakest was Q1 2022, with a drop of 33.70 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 9.97% (Q1 2026), -4.22% (Q4 2025) and 2.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 34.18% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | - |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 35.76% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | - |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 79.37% |
| 10 | Commerce.com | 262.66 Mn | -331.92 Mn | 63.53 Mn | 6.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.77% |
| Mar 31, 2026 | 9.97% |
| Dec 31, 2025 | -4.22% |
| Sep 30, 2025 | 2.66% |
| Jun 30, 2025 | -3.48% |
| Mar 31, 2025 | 2.27% |
| Dec 31, 2024 | 2.96% |
| Sep 30, 2024 | -18.79% |
| Jun 30, 2024 | -12.19% |
| Mar 31, 2024 | -5.90% |
| Dec 31, 2023 | -2.60% |
| Sep 30, 2023 | -24.43% |
| Jun 30, 2023 | -23.80% |
| Mar 31, 2023 | -28.92% |
| Dec 31, 2022 | -44.04% |
| Sep 30, 2022 | -38.09% |
| Jun 30, 2022 | -53.25% |
| Mar 31, 2022 | -50.50% |
| Dec 31, 2021 | -48.05% |
| Sep 30, 2021 | -32.44% |
Commerce.com EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CMRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "CMRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CMRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();