Commerce.com (CMRC) Net Margin (2019 - 2026)
Commerce.com's (CMRC) quarterly Net Margin came in at 4.32% in Q1 2026, up 474.0% year-on-year from 0.75% in Q1 2025, and up 30.65% quarter-over-quarter from 3.3% in Q4 2025.
Commerce.com (CMRC) Net Margin (2019 - 2026) Analysis & Trends
Commerce.com's Net Margin history runs 8 years deep, the most recent figure standing at 4.32% for Q1 2026.
- On a quarterly basis, Net Margin rose 474.0% year-over-year to 4.32% in Q1 2026; TTM through Mar 2026 was 1.13%, a 521.0% increase from a year earlier, with the FY2025 full-year figure at 2.34%, up 585.0% from the prior year.
- Net Margin rose to 4.32% in Q1 2026 per CMRC's latest filing, from 3.3% in the prior quarter.
- Across five years, Net Margin topped out at 118.47% in Q4 2022 and bottomed at 58.07% in Q2 2022.
- The 5-year median for Net Margin is 8.35% (2024), against an average of 9.49%.
- Across the five-year window, Net Margin jumped 17123 bps in 2022 and sank 12165 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 118.47% in 2022, then plunged by 103 bps to 3.19% in 2023, then increased by 5 bps to 3.03% in 2024, then soared by 209 bps to 3.3% in 2025, then surged by 31 bps to 4.32% in 2026.
- Per Business Quant, the three latest CMRC Net Margin figures stand at 4.32% (Q1 2026), 3.3% (Q4 2025), and 2.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Commerce.com | 214.13 Mn | 58.99 Mn | 66.65 Mn | 4.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.32% |
| Dec 31, 2025 | 3.30% |
| Sep 30, 2025 | -2.61% |
| Jun 30, 2025 | -9.93% |
| Mar 31, 2025 | -0.43% |
| Dec 31, 2024 | -3.03% |
| Sep 30, 2024 | -8.35% |
| Jun 30, 2024 | -13.75% |
| Mar 31, 2024 | -7.96% |
| Dec 31, 2023 | -3.19% |
| Sep 30, 2023 | -26.02% |
| Jun 30, 2023 | -25.27% |
| Mar 31, 2023 | -30.83% |
| Dec 31, 2022 | 118.47% |
| 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% |
| Jun 30, 2021 | -24.93% |