Commerce.com, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $342.3M | $332.9M | $309.4M | $279.1M | $219.9M |
| Gross profit | $269.6M | $255.3M | $235.2M | $209.1M | $171.4M |
| Operating income | -$16.2M | -$41.7M | -$72.4M | -$140.6M | -$75.9M |
| Operating expenses | $285.8M | $297.0M | $307.6M | $349.7M | $247.3M |
| Cost of revenue | $72.8M | $77.6M | $74.2M | $70.0M | $48.5M |
| Cash from operations | $25.5M | $26.3M | -$24.2M | -$89.4M | -$40.3M |
| Capital expenditure | $8.6M | $3.7M | $4.2M | $5.2M | $0 |
| Free cash flow | $16.9M | $22.5M | -$28.4M | -$94.6M | -$40.3M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $308.8M | $340.3M | $444.1M | $474.1M | $555.5M |
| Total liabilities | $269.4M | $306.9M | $418.5M | $428.4M | $417.2M |
| Total debt | $154.1M | $213.1M | $345.7M | $345.0M | $345.0M |
Shares outstanding 82.5M · Free float 99.9%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.