| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 86.03 | 1.9% | 2.8% |
| Total Income | 86.03 | 1.9% | 2.8% |
| Expenditure | 86.46 | 5.2% | 16.0% |
| PBT | -2.03 | 75.1% | 69.8% |
| Net Profit | -2.24 | 73.3% | 68.0% |
| OPM | -0.51% | 7.53pp | 22.45pp |
| NPM | -2.61% | 7.32pp | 5.75pp |
| EPS | -0.03 | 70.0% | 66.7% |
Commerce.com Announces Q3 2025 Revenue of $86.0 Million, Up 3% YoY
04 May 2026 · 4 May, 7:50 am
Summary
Commerce.com, Inc. reported financial results for the third quarter ended September 30, 2025. Total revenue was $86.0 million, a 3% increase compared to the same period last year. The total annual revenue run-rate (ARR) reached $355.7 million, representing a 2% year-over-year increase. GAAP gross margin improved to 78%, while non-GAAP operating income rose to $8.0 million. The company expects total revenue between $87.8 million to $92.8 million for the fourth quarter of 2025.
Key Highlights
- 1
Total revenue was $86.0 million, up 3% compared to the three months ended September 30, 2024.
- 2
Total annual revenue run-rate (ARR) as of September 30, 2025 was $355.7 million, up 2% compared to September 30, 2024.
- 3
Subscription solutions revenue was $64.7 million, up 3% compared to the three months ended September 30, 2024.
- 4
ARR from Enterprise Accounts was $269.2 million as of September 30, 2025, up 5% from September 30, 2024.
- 5
GAAP gross margin was 78%, compared to 76% in the three months ended September 30, 2024.
- 6
Non-GAAP operating income was $8.0 million, compared to $4.3 million in the three months ended September 30, 2024.
- 7
GAAP net loss was ($2.2) million, compared to ($7.0) million in the three months ended September 30, 2024.
Management Comments
Travis Hess
“The third quarter marked another strong step forward in our transformation, with revenue in line with guidance and profitability and cash flow exceeding expectations,” “We are now squarely in execution mode, scaling sustainable growth across core offerings and leaning into strategic partnerships with AI leaders like Perplexity, Google, and PayPal to power agentic commerce. As buyer behavior shifts, our differentiated approach, flexible platform, enriched data and AI-enabled experiences, are driving real momentum across B2B and B2C.”
Informational and educational content only. Not investment advice.