Commerce.com (CMRC) Net Margin (2019 - 2026)
Commerce.com (CMRC) reported Net Margin of 1.30% for Q2 2026, up 11.23 percentage points from -9.93% a year earlier but down 2.99 percentage points from the prior quarter.
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Analysis
Commerce.com (CMRC) Net Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Commerce.com's Net Margin came in at -1.67%, up 3.70 percentage points year-over-year; for FY2025, it was -5.65%, up 2.47 percentage points from FY2024.
- Net Margin has increased for three consecutive years, with a five-year change of +19.63 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -8.12% in FY2024 (+12.78 pp), -20.90% in FY2023 (+29.23 pp), -50.14% in FY2022 (-15.26 pp) and -34.88% in FY2021 (-9.59 pp).
- Five-year quarterly Net Margin spans a low of -58.07% in Q2 2022 and a high of 4.29% in Q1 2026.
- Year over year, Net Margin gained in seven of the last eight quarters, with an average year-over-year change of +5.64 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2023 (a gain of 41.76 percentage points); the low point was Q1 2022 (a drop of 37.76 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.29% (Q1 2026), -9.34% (Q4 2025) and -2.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn | 20.51% |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn | 15.26% |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn | 28.46% |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - | - |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn | 12.35% |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn | 3.47% |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn | 65.86% |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - | - |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - | 30.55% |
| 10 | Commerce.com | 299.11 Mn | -295.48 Mn | 63.53 Mn | 1.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30% |
| Mar 31, 2026 | 4.29% |
| Dec 31, 2025 | -9.34% |
| Sep 30, 2025 | -2.61% |
| Jun 30, 2025 | -9.93% |
| Mar 31, 2025 | -0.43% |
| Dec 31, 2024 | -2.75% |
| Sep 30, 2024 | -8.35% |
| Jun 30, 2024 | -13.75% |
| Mar 31, 2024 | -7.95% |
| Dec 31, 2023 | -3.77% |
| 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% |
API Access
Commerce.com Net Margin 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=net-margin&ticker=CMRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=CMRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();