Commerce.com (CMRC) Enterprise Value (2020 - 2026)
Commerce.com (CMRC) reported Enterprise Value of $88.94 million for Q2 2026, down 67.0% from $269.22 million a year earlier but up 36.5% from the prior quarter.
Commerce.com (CMRC) Enterprise Value (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Commerce.com's Enterprise Value came in at -$349.32 million; for FY2025, it came in at $195.3 million, down 35.5% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of -38.9% (FY2020 to FY2025).
- By year, Enterprise Value came in at $302.71 million in FY2024 (-36.0%), $473.34 million in FY2023 (+38.1%), $342.77 million in FY2022 (-84.2%) and $2.16 billion in FY2021 (-5.5%).
- Five-year quarterly Enterprise Value spans a low of $65.17 million in Q1 2026 and a high of $3.22 billion in Q3 2021.
- Year over year, Enterprise Value has now declined in each of the last five quarters, with an average decline of 33.1% over the last eight quarters.
- The high point for year-over-year Enterprise Value in five years was Q4 2023 (growth of 38.1%); the low point was Q4 2022 (a decline of 84.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $65.17 million (Q1 2026), $195.3 million (Q4 2025) and $263.48 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn |
| 10 | Commerce.com | 262.66 Mn | -331.92 Mn | 63.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.94 Mn |
| Mar 31, 2026 | 65.17 Mn |
| Dec 31, 2025 | 195.30 Mn |
| Sep 30, 2025 | 263.48 Mn |
| Jun 30, 2025 | 269.22 Mn |
| Mar 31, 2025 | 340.65 Mn |
| Dec 31, 2024 | 302.71 Mn |
| Sep 30, 2024 | 290.13 Mn |
| Jun 30, 2024 | 350.89 Mn |
| Mar 31, 2024 | 267.24 Mn |
| Dec 31, 2023 | 473.34 Mn |
| Sep 30, 2023 | 485.56 Mn |
| Jun 30, 2023 | 449.48 Mn |
| Mar 31, 2023 | 384.13 Mn |
| Dec 31, 2022 | 342.77 Mn |
| Sep 30, 2022 | 783.73 Mn |
| Jun 30, 2022 | 830.03 Mn |
| Mar 31, 2022 | 1.22 Bn |
| Dec 31, 2021 | 2.16 Bn |
| Sep 30, 2021 | 3.22 Bn |
Commerce.com Enterprise Value 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=enterprise-value&ticker=CMRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=CMRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();