Commerce.com profit margin CMRC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.
- Net margin, 12 months
- −1.7%
- Operating margin, 12 months
- 0.4%
- Net margin on a year earlier
- +3.7 pts
- Peer median
- 3.9%
Over the twelve months to Jun 30, 2026, Commerce.com kept −1.7% of its revenue as net profit, with an operating margin of 0.4% and a gross margin of 77.2%.
Five years earlier its net margin was −25.7%.
The median for 10 infrastructure software stocks of a similar size is 3.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −5.6% | −4.7% | 78.7% |
| FY2024 | −8.1% | −12.5% | 76.7% |
| FY2023 | −20.9% | −23.4% | 76.0% |
| FY2022 | −50.1% | −50.4% | 74.9% |
| FY2021 | −34.9% | −34.5% | 77.9% |
| FY2020 | −24.7% | −25.4% | 77.6% |
| FY2019 | −38.0% | −36.6% | 75.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −1.7% | +3.7 pts | 0.4% | |
| Q1 FY26 | −4.4% | +1.9 pts | −2.3% | |
| Q4 FY25 | −5.6% | +2.5 pts | −4.7% | |
| Q3 FY25 | −3.9% | +4.5 pts | −3.1% | |
| Q2 FY25 | −5.4% | +7.3 pts | −8.6% | |
| Q1 FY25 | −6.3% | +9.1 pts | −10.7% | |
| Q4 FY24 | −8.1% | +12.8 pts | −12.5% | |
| Q3 FY24 | −8.4% | +23.3 pts | −14.1% | |
| Q2 FY24 | −12.7% | +23.1 pts | −15.3% | |
| Q1 FY24 | −15.4% | +28.5 pts | −17.9% | |
| Q4 FY23 | −20.9% | +29.2 pts | −23.4% | |
| Q3 FY23 | −31.7% | +20.3 pts | −34.1% |
Against its peers
Companies in Software - Infrastructure nearest Commerce.com's size, closest first, today.
| Company | Profit margin |
|---|---|
| CMRCCommerce.com | −1.7% |
| MKTWMarketwise | 0.7% |
| RBBNRibbon Communications | 2.0% |
| MKLYMcKinley Acquisition | n/m |
| IIIVi3 Verticals | 3.9% |
| EGANEGAIN | 9.7% |
| CCSIConsensus Cloud Solutions | 26.7% |
| GDYNGrid Dynamics | 0.7% |
| OSPNOneSpan | 27.8% |
| NTWKNetsol Technologies | 4.0% |
| RPDRapid7 | 2.4% |
| Peer median | 3.9% |
Where Commerce.com ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Commerce.com
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.