Commerce.com (CMRC) Operating Expenses (2019 - 2026)
Commerce.com (CMRC) posted Operating Expenses of $60.8 million for Q2 2026, little changed on a QoQ basis from $60.9 million in Q1 2026, and down 17.22% year-over-year from $73.5 million in Q2 2025.
Analysis
Commerce.com (CMRC) Operating Expenses (2019 - 2026) Analysis & Trends
Commerce.com has reported Operating Expenses for 8 years, with the latest figure at $60.8 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 17.22% year-over-year to $60.8 million in Q2 2026; TTM through Jun 2026 was $266.2 million, a 9.02% decrease from a year earlier, with the FY2025 full-year figure at $285.8 million, down 3.77% from the prior year.
- Operating Expenses was $60.8 million for Q2 2026 at Commerce.com, roughly flat from $60.9 million in the prior quarter.
- The five-year high for Operating Expenses was $90.5 million in Q2 2022, with the low at $60.8 million in Q2 2026.
- Average Operating Expenses over 5 years is $75.7 million, with a median of $76.1 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 85.25% in 2022, then retreated 20.01% in 2023.
- Over 5 years, Operating Expenses stood at $88.6 million in 2022, then retreated by 20.01% to $70.9 million in 2023, then slipped by 3.65% to $68.3 million in 2024, then gained by 12.25% to $76.7 million in 2025, then fell by 20.66% to $60.8 million in 2026.
- The last three Operating Expenses figures came in at $60.8 million (Q2 2026), $60.9 million (Q1 2026), and $76.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 1.22 Bn |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 87.19 Mn |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | -26.70 Mn |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 60.83 Mn |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | -394.92 Mn |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | 1.25 Mn |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | 161,540.00 |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | 2.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.83 Mn |
| Mar 31, 2026 | 60.88 Mn |
| Dec 31, 2025 | 76.67 Mn |
| Sep 30, 2025 | 67.87 Mn |
| Jun 30, 2025 | 73.48 Mn |
| Mar 31, 2025 | 67.80 Mn |
| Dec 31, 2024 | 68.30 Mn |
| Sep 30, 2024 | 83.06 Mn |
| Jun 30, 2024 | 75.51 Mn |
| Mar 31, 2024 | 70.15 Mn |
| Dec 31, 2023 | 70.89 Mn |
| Sep 30, 2023 | 81.19 Mn |
| Jun 30, 2023 | 77.58 Mn |
| Mar 31, 2023 | 77.97 Mn |
| Dec 31, 2022 | 88.63 Mn |
| Sep 30, 2022 | 85.43 Mn |
| Jun 30, 2022 | 90.48 Mn |
| Mar 31, 2022 | 85.13 Mn |
| Dec 31, 2021 | 82.07 Mn |
| Sep 30, 2021 | 68.20 Mn |