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

Commerce.com (CMRC) recorded quarterly Gross Margin of 76.75% in Q1 2026, down 1.97% quarter-over-quarter from 78.29% in Q4 2025, and down 263.0% on a YoY basis from 47.09% in Q1 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.

  • In Q1 2026, Gross Margin fell 263.0% year-over-year to 76.75%; the TTM figure through Mar 2026 stood at 78.1% (up 83.0% YoY), while the FY2025 annual figure was 78.75%, up 205.0% from the prior year.
  • Gross Margin was 76.75% for Q1 2026 at Commerce.com, down from 78.29% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 79.38% in Q1 2025 to a low of 74.11% in Q1 2022.
  • Historically, Gross Margin has averaged 76.59% across 5 years, with a median of 76.27% in 2024.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin sank 607 bps in 2022, then soared 320 bps in 2025.
  • A 5-year view of Gross Margin shows it 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.
  • The last three Gross Margin figures came in at 76.75% (Q1 2026), 78.29% (Q4 2025), and 78.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 89.96%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 48.77%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 76.92%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 85.65%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 75.07%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 48.28%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 89.20%
10 Commerce.com 230.95 Mn 171.86 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%