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

Commerce.com's (CMRC) quarterly Gross Margin came in at 76.75% in Q1 2026, down 263.0% year-on-year from 47.09% in Q1 2025, and down 1.97% quarter-over-quarter from 78.29% in Q4 2025.

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

Commerce.com's Gross Margin history runs 8 years deep, the most recent figure standing at 76.75% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 263.0% year-over-year to 76.75% in Q1 2026; TTM through Mar 2026 was 78.1%, a 83.0% increase from a year earlier, with the FY2025 full-year figure at 78.75%, up 205.0% from the prior year.
  • Gross Margin fell to 76.75% in Q1 2026 per CMRC's latest filing, from 78.29% in the prior quarter.
  • Across five years, Gross Margin topped out at 79.38% in Q1 2025 and bottomed at 74.11% in Q1 2022.
  • The 5-year median for Gross Margin is 76.27% (2024), against an average of 76.59%.
  • Across the five-year window, Gross Margin sank 607 bps in 2022 and surged 320 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 74.47% in 2022, then climbed by 4 bps to 77.49% in 2023, then advanced by 0 bps to 77.62% in 2024, then climbed by 1 bps to 78.29% in 2025, then slipped by 2 bps to 76.75% in 2026.
  • Per Business Quant, the three latest CMRC Gross Margin figures stand at 76.75% (Q1 2026), 78.29% (Q4 2025), and 78.39% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Commerce.com 214.13 Mn 58.99 Mn 66.65 Mn 76.75%

Historic Data

Download Data
DateValue
Mar 31, 2026 76.75%
Dec 31, 2025 78.29%
Sep 30, 2025 78.39%
Jun 30, 2025 78.99%
Mar 31, 2025 79.38%
Dec 31, 2024 77.62%
Sep 30, 2024 76.27%
Jun 30, 2024 75.79%
Mar 31, 2024 77.05%
Dec 31, 2023 77.49%
Sep 30, 2023 75.59%
Jun 30, 2023 75.14%
Mar 31, 2023 75.69%
Dec 31, 2022 74.47%
Sep 30, 2022 75.79%
Jun 30, 2022 75.28%
Mar 31, 2022 74.11%
Dec 31, 2021 74.36%
Sep 30, 2021 79.08%
Jun 30, 2021 79.22%