Commerce.com (CMRC) Gross Margin (2019 - 2026)
Commerce.com (CMRC) posted Gross Margin of 75.17% for Q2 2026, down 2.06% on a QoQ basis from 76.75% in Q1 2026, and down 382.0% year-over-year from 26.66% in Q2 2025.
Analysis
Commerce.com (CMRC) Gross Margin (2019 - 2026) Analysis & Trends
Commerce.com has reported Gross Margin for 8 years, with the latest figure at 75.17% in Q2 2026.
- On a quarterly basis, Gross Margin fell 382.0% year-over-year to 75.17% in Q2 2026; TTM through Jun 2026 was 77.17%, a 89.0% decrease from a year earlier, with the FY2025 full-year figure at 78.75%, up 205.0% from the prior year.
- Gross Margin was 75.17% for Q2 2026 at Commerce.com, down from 76.75% in the prior quarter.
- The five-year high for Gross Margin was 79.38% in Q1 2025, with the low at 74.11% in Q1 2022.
- Average Gross Margin over 5 years is 76.51%, with a median of 76.03% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 607 bps in 2022, then jumped 320 bps in 2025.
- Over 5 years, Gross Margin stood at 74.47% in 2022, then grew by 4 bps to 77.49% in 2023, then climbed by 0 bps to 77.62% in 2024, then grew by 1 bps to 78.29% in 2025, then declined by 4 bps to 75.17% in 2026.
- The last three Gross Margin figures came in at 75.17% (Q2 2026), 76.75% (Q1 2026), and 78.29% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 47.67% |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 44.10% |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | 80.31% |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 75.17% |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | 74.84% |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | 20.88% |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | - |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | 31.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.17% |
| 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% |