Commerce.com (CMRC) Operating Expenses (2019 - 2026)

Commerce.com's (CMRC) quarterly Operating Expenses came in at $60.9 million in Q1 2026, down 10.2% year-on-year from $67.8 million in Q1 2025, and down 20.59% quarter-over-quarter from $76.7 million in Q4 2025.

Commerce.com (CMRC) Operating Expenses (2019 - 2026) Analysis & Trends

Commerce.com's Operating Expenses history runs 8 years deep, the most recent figure standing at $60.9 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 10.2% year-over-year to $60.9 million in Q1 2026; TTM through Mar 2026 was $278.9 million, a 5.35% decrease from a year earlier, with the FY2025 full-year figure at $285.8 million, down 3.77% from the prior year.
  • Operating Expenses slipped to $60.9 million in Q1 2026 per CMRC's latest filing, from $76.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $90.5 million in Q2 2022 and bottomed at $60.9 million in Q1 2026.
  • The 5-year median for Operating Expenses is $76.7 million (2025), against an average of $76.5 million.
  • Across the five-year window, Operating Expenses jumped 85.25% in 2022 and decreased 20.01% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $88.6 million in 2022, then fell by 20.01% to $70.9 million in 2023, then decreased by 3.65% to $68.3 million in 2024, then rose by 12.25% to $76.7 million in 2025, then dropped by 20.59% to $60.9 million in 2026.
  • Per Business Quant, the three latest CMRC Operating Expenses figures stand at $60.9 million (Q1 2026), $76.7 million (Q4 2025), and $67.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Commerce.com 214.13 Mn 58.99 Mn 66.65 Mn 60.88 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 51.10 Mn