Commerce.com (CMRC) FCF Margin (2019 - 2026)

Commerce.com's (CMRC) quarterly FCF Margin came in at 16.22% in Q1 2026, up 1599.0% year-on-year from 0.95% in Q1 2025, and up 5550.97% quarter-over-quarter from 0.29% in Q4 2025.

Commerce.com (CMRC) FCF Margin (2019 - 2026) Analysis & Trends

Commerce.com's FCF Margin history runs 8 years deep, the most recent figure standing at 16.22% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 1599.0% year-over-year to 16.22% in Q1 2026; TTM through Mar 2026 was 10.64%, a 312.0% increase from a year earlier, with the FY2025 full-year figure at 7.0%, up 23.0% from the prior year.
  • FCF Margin improved to 16.22% in Q1 2026 per CMRC's latest filing, from 0.29% in the prior quarter.
  • Across five years, FCF Margin topped out at 18.19% in Q2 2023 and bottomed at 71.17% in Q3 2022.
  • The 5-year median for FCF Margin is 0.29% (2025), against an average of 6.25%.
  • Across the five-year window, FCF Margin tumbled 4635 bps in 2022 and soared 4709 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 10.74% in 2022, then jumped by 226 bps to 13.55% in 2023, then slipped by 25 bps to 10.18% in 2024, then slumped by 97 bps to 0.29% in 2025, then jumped by 5551 bps to 16.22% in 2026.
  • Per Business Quant, the three latest CMRC FCF Margin figures stand at 16.22% (Q1 2026), 0.29% (Q4 2025), and 11.33% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 39.26%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 15.02%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 17.31%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 58.89%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 11.86%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 36.83%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 16.73%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 20.82%
10 Commerce.com 214.13 Mn 58.99 Mn 66.65 Mn 16.22%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.22%
Dec 31, 2025 0.29%
Sep 30, 2025 11.33%
Jun 30, 2025 15.19%
Mar 31, 2025 0.24%
Dec 31, 2024 10.18%
Sep 30, 2024 6.53%
Jun 30, 2024 13.04%
Mar 31, 2024 -4.25%
Dec 31, 2023 13.55%
Sep 30, 2023 -40.56%
Jun 30, 2023 18.19%
Mar 31, 2023 -30.52%
Dec 31, 2022 -10.74%
Sep 30, 2022 -71.17%
Jun 30, 2022 -20.36%
Mar 31, 2022 -33.43%
Dec 31, 2021 -15.15%
Sep 30, 2021 -24.83%
Jun 30, 2021 -11.86%