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 | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 68.51% |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | - |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | 35.76% |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | 14.32% |
| 10 | Commerce.com | 315.22 Mn | -279.36 Mn | 63.53 Mn | 7.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.28% |
| Mar 31, 2026 | 10.46% |
| Dec 31, 2025 | -3.75% |
| Sep 30, 2025 | 3.14% |
| Jun 30, 2025 | -3.00% |
| Mar 31, 2025 | 2.76% |
| Dec 31, 2024 | 3.24% |
| Sep 30, 2024 | -18.38% |
| Jun 30, 2024 | -11.58% |
| Mar 31, 2024 | -5.28% |
| Dec 31, 2023 | -2.01% |
| Sep 30, 2023 | -23.80% |
| Jun 30, 2023 | -23.14% |
| Mar 31, 2023 | -28.24% |
| Dec 31, 2022 | -43.36% |
| Sep 30, 2022 | -37.42% |
| Jun 30, 2022 | -52.53% |
| Mar 31, 2022 | -49.76% |
| Dec 31, 2021 | -47.30% |
| 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();