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
DateValue
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