Commerce.com (CMRC) Research & Development (2019 - 2026)
Commerce.com (CMRC) posted Research & Development of $27.5 million for Q2 2026, up 5.02% on a QoQ basis from $26.2 million in Q1 2026, and down 21.56% year-over-year from $35.1 million in Q2 2025.
Analysis
Commerce.com (CMRC) Research & Development (2019 - 2026) Analysis & Trends
Commerce.com has reported Research & Development for 8 years, with the latest figure at $27.5 million in Q2 2026.
- On a quarterly basis, Research & Development fell 21.56% year-over-year to $27.5 million in Q2 2026; TTM through Jun 2026 was $125.2 million, a 2.3% decrease from a year earlier, with the FY2025 full-year figure at $137.0 million, up 5.68% from the prior year.
- Research & Development was $27.5 million for Q2 2026 at Commerce.com, up from $26.2 million in the prior quarter.
- The five-year high for Research & Development was $36.3 million in Q3 2025, with the low at $26.2 million in Q1 2026.
- Average Research & Development over 5 years is $33.4 million, with a median of $34.4 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Research & Development soared 62.63% in 2022, then declined 21.56% in 2026.
- Over 5 years, Research & Development stood at $35.7 million in 2022, then dropped by 3.82% to $34.3 million in 2023, then fell by 13.77% to $29.6 million in 2024, then gained by 19.07% to $35.2 million in 2025, then fell by 21.96% to $27.5 million in 2026.
- The last three Research & Development figures came in at $27.5 million (Q2 2026), $26.2 million (Q1 2026), and $35.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 498.00 Mn |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 34.98 Mn |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | -17.93 Mn |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 27.51 Mn |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | -173.50 Mn |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | - |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | 99,890.00 |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | 1.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.51 Mn |
| Mar 31, 2026 | 26.20 Mn |
| Dec 31, 2025 | 35.25 Mn |
| Sep 30, 2025 | 36.28 Mn |
| Jun 30, 2025 | 35.07 Mn |
| Mar 31, 2025 | 30.37 Mn |
| Dec 31, 2024 | 29.61 Mn |
| Sep 30, 2024 | 33.14 Mn |
| Jun 30, 2024 | 34.43 Mn |
| Mar 31, 2024 | 32.43 Mn |
| Dec 31, 2023 | 34.33 Mn |
| Sep 30, 2023 | 36.25 Mn |
| Jun 30, 2023 | 35.59 Mn |
| Mar 31, 2023 | 34.05 Mn |
| Dec 31, 2022 | 35.70 Mn |
| Sep 30, 2022 | 35.97 Mn |
| Jun 30, 2022 | 36.03 Mn |
| Mar 31, 2022 | 33.64 Mn |
| Dec 31, 2021 | 35.81 Mn |
| Sep 30, 2021 | 26.10 Mn |