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
DateValue
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%