CMRC - NASDAQ

Commerce.com, Inc.

CMRC·NASDAQ

$2.87

-9.7%

TechnologySoftware - Application

Commerce.com, Inc. operates a software-as-a-service e-commerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services, such as payments, shipping, and accounting. It serves stores in various sizes, product categories, and purchase types comprising business-to-consumer and business-to-business. Commerce.com, Inc. was formerly known as BigCommerce Holdings, Inc. and changed its name to Commerce.com, Inc. in July 2025. The company was founded in 2009 and is headquartered in Austin, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$236.81M

EPS-0.2400

P/E Ratio-11.96

Earnings Date07/30/2026

308.79M

Assets

-9%

3Y-35.0%

5Y+12.0%

10Y+422.0%

269.44M

Total Liabilities

-12%

3Y-37.0%

5Y+350.0%

10Y-

39.35M

Total Equity

18%

3Y-14.0%

5Y-82.0%

10Y-119.0%

Commerce.com, Inc. Funding & Solvency Profile

CMRC · NASDAQ

Current Assets

Cash & Cash Equivalents44.26M

Net Receivables49.97M

Inventory0.00

Other Current Assets7.95M

Total Current Assets214 M

Non-Current Assets

Property, Plant & Equipment21.07M

Goodwill & Intangible Assets63.21M

Long-Term Investments0.00

Other Non-Current Assets10.14M

Total Non-Current Assets31 M

Total Assets

308.79M

Financial Health Analysis

Current Ratio

1.98x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

6.85x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

106 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

69% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Commerce.com, Inc. Balance Sheet

CMRC • NASDAQ

Commerce.com, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	44.3M	88.9M	71.7M	91.6M	297.6M	219.4M	7.8M	12.8M
Short-Term Investments	96.8M	89.3M	198.4M	211.9M	102.3M	0.0	0.0	23.4M
Cash & Short-Term Investments	141.1M	178.2M	270.1M	303.5M	399.9M	219.4M	7.8M	36.2M
Net Receivables	50M	48.1M	37.7M	35.1M	39.8M	22.9M	15.5M	10.2M
Accounts Receivables	50M	48.1M	37.7M	35.1M	39.8M	22.9M	15.5M	10.2M
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	3M	3.2M
Prepaids	15.3M	0.0	0.0	0.0	9.7M	8M	5.3M	3.5M
Other Current Assets	8M	24.9M	34.1M	35.7M	5.2M	3.7M	0.0	3.2M
Total Current Assets	214.4M	251.2M	342M	374.2M	454.5M	254.1M	31.7M	53.1M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	21.1M	11.1M	14.6M	15M	16.9M	19M	22.3M	5.2M
Goodwill	51.9M	51.9M	52.1M	49.7M	42.4M	0.0	0.0	0.0
Intangible Assets	11.3M	17.3M	27.1M	27.6M	35M	0.0	0.0	0.0
Goodwill & Intangible Assets	63.2M	69.2M	79.1M	77.3M	77.5M	0.0	0.0	0.0
Other Non-Current Assets	10.1M	8.7M	8.3M	7.5M	6.5M	3.6M	2.1M	753K
Total Non-Current Assets	94.4M	89.1M	102.1M	99.8M	100.9M	22.6M	24.4M	6M
Total Assets	308.8M	340.3M	444.1M	474.1M	555.5M	276.6M	56.1M	59.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	9.9M	9M	8M	8.9M	8.9M	6.6M	3.9M	5.5M
Accounts Payable	9.9M	7M	8M	7M	8.2M	5.8M	3.9M	5.5M
Other Payables	0.0	2M	0.0	1.9M	679K	814K	0.0	0.0
Accrued Expenses	4.8M	20M	17.4M	16.3M	20.3M	21.6M	6.1M	4.8M
Short Term Debt	4M	0.0	547K	0.0	0.0	0.0	2.4M	946K
Capital Lease Obligations (Current)	1.6M	2.4M	2.5M	2.6M	2.7M	3.2M	2.7M	0.0
Tax Payables	0.0	2M	1.6M	1.9M	679K	814K	551K	1.2M
Deferred Revenue	0.0	46.6M	32.2M	17.8M	12.8M	11.4M	9.4M	10.4M
Other Current Liabilities	87.9M	10M	10.1M	33.2M	18.3M	3.1M	9.4M	6M
Total Current Liabilities	108.2M	88M	70.8M	78.8M	62.8M	45.9M	33.9M	27.6M
NON-CURRENT LIABILITIES
Long Term Debt	153M	216.5M	339.6M	337.5M	335.5M	0.0	38.5M	23.4M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	1.8M	1.4M	1.3M	1.5M	2.1M
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	208M	216.4M
Other Non-Current Liabilities	1.3M	768K	551K	334K	7.2M	0.0	15.7M	-215.5M
Total Non-Current Liabilities	161.3M	218.9M	347.8M	349.6M	354.4M	14M	279.5M	242.9M
Capital Lease Obligations	8.5M	4.1M	10.2M	12.6M	12.9M	15.8M	18.4M	0.0
Total Liabilities	269.4M	306.9M	418.5M	428.4M	417.2M	59.9M	313.4M	270.6M
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-13.3M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	223.8M	216.4M
Common Stock	7K	7K	7K	7K	7K	7K	2K	2K
Additional Paid-In Capital	680.2M	654.9M	620M	576.9M	528.5M	530.1M	17.2M	13.3M
Retained Earnings	-641M	-621.7M	-594.7M	-530M	-390.1M	-313.4M	-274.5M	-224.7M
Accumulated Other Comprehensive Income/Loss	224K	145K	163K	-1.2M	-191K	0.0	0.0	-14K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	-223.8M	-216.4M
Total Stockholders' Equity	39.4M	33.4M	25.5M	45.7M	138.3M	216.8M	-257.3M	-211.5M
Total Equity	39.4M	33.4M	25.5M	45.7M	138.3M	216.8M	-257.3M	-211.5M
SUMMARY
Total Liabilities & Equity	308.8M	340.3M	444.1M	474.1M	555.5M	276.6M	56.1M	59.1M
Total Investments	96.8M	89.3M	198.4M	211.9M	102.3M	0.0	0.0	23.4M
Total Debt	165.5M	220.6M	350.3M	350.1M	348.4M	15.8M	59.3M	24.4M
Net Debt	121.3M	131.7M	278.6M	258.5M	50.8M	-203.6M	51.5M	11.6M
Shares Outstanding	80,735,080	80,735,080	80,735,080	80,735,080	80,735,080	80,735,080	80,735,080	80,735,080

SEC Filings

CMRC - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 14, 2026	May 14, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 14, 2026	April 13, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 01, 2026	April 01, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 02, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 12, 2026	February 12, 2026	2026	View Filing
8-K 8-K 2025 N/A	January 07, 2026	December 31, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 06, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 06, 2025	November 06, 2025	2025	View Filing

Showing 1 to 10 of 99 filings

Related Guides

Blog Categories

Continue your CMRC research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.