Commerce.com (CMRC) Net Margin (2019 - 2026)
Commerce.com (CMRC) posted Net Margin of 1.3% for Q2 2026, down 69.39% on a QoQ basis from 4.26% in Q1 2026, and up 1123.0% year-over-year from 0.11% in Q2 2025.
Analysis
Commerce.com (CMRC) Net Margin (2019 - 2026) Analysis & Trends
Commerce.com has reported Net Margin for 8 years, with the latest figure at 1.3% in Q2 2026.
- On a quarterly basis, Net Margin rose 1123.0% year-over-year to 1.3% in Q2 2026; TTM through Jun 2026 was 0.24%, a 320.0% increase from a year earlier, with the FY2025 full-year figure at 4.19%, up 198.0% from the prior year.
- Net Margin was 1.3% for Q2 2026 at Commerce.com, down from 4.26% in the prior quarter.
- The five-year high for Net Margin was 12.36% in Q4 2023, with the low at 58.07% in Q2 2022.
- Average Net Margin over 5 years is 17.1%, with a median of 9.14% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin sank 3776 bps in 2022, then jumped 5790 bps in 2023.
- Over 5 years, Net Margin stood at 45.53% in 2022, then soared by 127 bps to 12.36% in 2023, then sank by 62 bps to 4.7% in 2024, then sank by 180 bps to 3.78% in 2025, then surged by 135 bps to 1.3% in 2026.
- The last three Net Margin figures came in at 1.3% (Q2 2026), 4.26% (Q1 2026), and 3.78% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 41.92% |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 15.96% |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | 15.59% |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 1.30% |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | 0.62% |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | -0.13% |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | -27,799.80% |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | -57.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30% |
| Mar 31, 2026 | 4.26% |
| Dec 31, 2025 | -3.78% |
| Sep 30, 2025 | -2.61% |
| Jun 30, 2025 | -9.93% |
| Mar 31, 2025 | -0.39% |
| Dec 31, 2024 | 4.70% |
| Sep 30, 2024 | -8.35% |
| Jun 30, 2024 | -13.75% |
| Mar 31, 2024 | -7.97% |
| Dec 31, 2023 | 12.36% |
| Sep 30, 2023 | -26.02% |
| Jun 30, 2023 | -25.27% |
| Mar 31, 2023 | -30.83% |
| Dec 31, 2022 | -45.53% |
| Sep 30, 2022 | -41.85% |
| Jun 30, 2022 | -58.07% |
| Mar 31, 2022 | -56.07% |
| Dec 31, 2021 | -52.77% |
| Sep 30, 2021 | -36.55% |