Commerce.com (CMRC) Intangibles (2021 - 2026)
Commerce.com (CMRC) recorded Intangibles of $8.3 million in Q2 2026, down 44.3% from $14.91 million a year earlier and down 14.9% from the prior quarter.
Commerce.com (CMRC) Intangibles (2021 - 2026) Analysis & Trends
At the end of FY2025, Commerce.com reported Intangibles of $11.29 million, down 34.8% from FY2024.
- Annual Intangibles has declined for four straight years, with a four-year compound annual growth rate of -24.7% (FY2021 to FY2025).
- Across earlier years, Intangibles came in at $17.32 million in FY2024 (-36.0%), $27.05 million in FY2023 (-1.9%), $27.58 million in FY2022 (-21.3%) and $35.03 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Intangibles in data going back to Q3 2021.
- On a year-over-year basis, Intangibles has declined for 16 consecutive quarters, with an average decline of 32.9% over the last eight quarters.
- The year-over-year decline in Intangibles has ranged between 1.9% (Q4 2023) and 44.3% (Q2 2026) over the last five years.
- Per Business Quant, the preceding three quarters came in at $9.76 million (Q1 2026), $11.29 million (Q4 2025) and $13.01 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 9.11 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | - |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 2.46 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 852.00 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 2.00 Mn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 41.85 Mn |
| 10 | Commerce.com | 261.83 Mn | -332.75 Mn | 63.53 Mn | 8.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.30 Mn |
| Mar 31, 2026 | 9.76 Mn |
| Dec 31, 2025 | 11.29 Mn |
| Sep 30, 2025 | 13.01 Mn |
| Jun 30, 2025 | 14.91 Mn |
| Mar 31, 2025 | 17.43 Mn |
| Dec 31, 2024 | 17.32 Mn |
| Sep 30, 2024 | 19.70 Mn |
| Jun 30, 2024 | 22.13 Mn |
| Mar 31, 2024 | 24.58 Mn |
| Dec 31, 2023 | 27.05 Mn |
| Sep 30, 2023 | 21.48 Mn |
| Jun 30, 2023 | 23.52 Mn |
| Mar 31, 2023 | 25.55 Mn |
| Dec 31, 2022 | 27.58 Mn |
| Sep 30, 2022 | 29.40 Mn |
| Jun 30, 2022 | 31.42 Mn |
| Mar 31, 2022 | 33.00 Mn |
| Dec 31, 2021 | 35.03 Mn |
| Sep 30, 2021 | 35.36 Mn |
Commerce.com Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=CMRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "CMRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=CMRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();