Commerce.com (CMRC) Research & Development (2019 - 2026)
Commerce.com's (CMRC) quarterly Research & Development came in at $18.0 million in Q1 2026, down 40.61% year-on-year from $30.4 million in Q1 2025, and down 78.01% quarter-over-quarter from $82.0 million in Q4 2025.
Commerce.com (CMRC) Research & Development (2019 - 2026) Analysis & Trends
Commerce.com's Research & Development history runs 8 years deep, the most recent figure standing at $18.0 million for Q1 2026.
- On a quarterly basis, Research & Development fell 40.61% year-over-year to $18.0 million in Q1 2026; TTM through Mar 2026 was $154.6 million, a 96.18% increase from a year earlier, with the FY2025 full-year figure at $137.0 million, up 69.35% from the prior year.
- Research & Development retreated to $18.0 million in Q1 2026 per CMRC's latest filing, from $82.0 million in the prior quarter.
- Across five years, Research & Development topped out at $82.0 million in Q4 2025 and bottomed at -$22.4 million in Q4 2023.
- The 5-year median for Research & Development is $30.4 million (2025), against an average of $25.6 million.
- Across the five-year window, Research & Development tumbled 162.86% in 2023 and soared 528.85% in 2025, its largest moves.
- Year by year, Research & Development stood at $35.7 million in 2022, then tumbled by 162.86% to -$22.4 million in 2023, then advanced by 14.8% to -$19.1 million in 2024, then surged by 528.85% to $82.0 million in 2025, then sank by 78.01% to $18.0 million in 2026.
- Per Business Quant, the three latest CMRC Research & Development figures stand at $18.0 million (Q1 2026), $82.0 million (Q4 2025), and $36.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Commerce.com | 214.13 Mn | 58.99 Mn | 66.65 Mn | 18.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.03 Mn |
| Dec 31, 2025 | 81.99 Mn |
| Sep 30, 2025 | 36.28 Mn |
| Jun 30, 2025 | 18.31 Mn |
| Mar 31, 2025 | 30.37 Mn |
| Dec 31, 2024 | -19.12 Mn |
| Sep 30, 2024 | 33.14 Mn |
| Jun 30, 2024 | 34.43 Mn |
| Mar 31, 2024 | 32.43 Mn |
| Dec 31, 2023 | -22.44 Mn |
| Sep 30, 2023 | 21.70 Mn |
| Jun 30, 2023 | 21.40 Mn |
| Mar 31, 2023 | 34.05 Mn |
| Dec 31, 2022 | 35.70 Mn |
| Sep 30, 2022 | 22.25 Mn |
| Jun 30, 2022 | 36.03 Mn |
| Mar 31, 2022 | 20.94 Mn |
| Dec 31, 2021 | 60.08 Mn |
| Sep 30, 2021 | 26.10 Mn |
| Jun 30, 2021 | 22.16 Mn |