Quarterly ResultMay 7, 2026, 07:17 AM
Commerce.com Q1 Net Income $3.73M; Revenue $86.84M
AI Summary
Commerce.com, Inc. reported a strong financial performance for the first quarter of 2026, turning a net loss into a net income. The company's revenue increased by 5.4% year-over-year, driven by growth in both subscription solutions and partner and services segments. Notably, net cash provided by operating activities saw a substantial increase, reflecting improved operational efficiency.
Key Highlights
- Net income was $3.73 million for Q1 2026, a significant improvement from a net loss of $0.35 million in Q1 2025.
- Revenue increased 5.4% to $86.84 million in Q1 2026, up from $82.37 million in Q1 2025.
- Basic net income per share was $0.05 for Q1 2026, compared to $(0.00) for Q1 2025.
- Net cash provided by operating activities surged to $18.37 million in Q1 2026, from $0.40 million in Q1 2025.
- Cash and cash equivalents rose to $57.20 million as of March 31, 2026, from $44.26 million at December 31, 2025.
- Subscription solutions revenue grew to $63.68 million in Q1 2026, from $62.11 million in Q1 2025.
- Partner and services revenue increased to $23.17 million in Q1 2026, from $20.26 million in Q1 2025.
- United States revenue was $65.76 million in Q1 2026, up from $62.62 million in Q1 2025.
Price Impact
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