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| Date | Value |
|---|---|
| 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% |