| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 86.84 | 5.4% |
| Total Income | 86.84 | 5.4% |
| Expenditure | 81.07 | 4.4% |
| PBT | 4.18 | 2358.8% |
| Net Profit | 3.73 | 1165.7% |
| OPM | 6.64% | 9.57pp |
| NPM | 4.29% | 4.72pp |
| EPS | 0.05 |
Commerce.com Reports Q1 2026 Revenue of $86.8 Million, Up 5% YoY
07 May 2026 · 7 May, 4:47 pm
Summary
Commerce.com, Inc. announced its financial results for the first quarter ended March 31, 2026, with total revenue reaching $86.8 million, a 5% increase year-over-year. The company's total ARR was $359.8 million, up 3% compared to the prior year. GAAP net income was $3.7 million, a significant improvement from the net loss in the prior year period. According to Travis Hess, CEO, the quarter reflects a shift from foundation-building to execution and monetization, with progress across payments, AI-driven commerce, and the core platform.
Key Highlights
- 1
Commerce.com's total revenue for the first quarter of 2026 was $86.8 million, representing a 5% increase compared to the same period in 2025.
- 2
Total annual revenue run-rate (ARR) reached $359.8 million as of March 31, 2026, a 3% increase compared to March 31, 2025.
- 3
Subscription solutions revenue amounted to $63.7 million, reflecting a 3% increase compared to the three months ended March 31, 2025.
- 4
Gross Merchandise Volume (GMV) increased by 14% to $8.3 billion compared to the three months ended March 31, 2025.
- 5
GAAP net income was $3.7 million, compared to a net loss of ($0.4) million in the prior year period.
- 6
Operating cash flow was $18.4 million for the three months ended March 31, 2026.
- 7
Non-GAAP net income was $10.4 million, or 12% of revenue, compared to $5.7 million, or 7% of revenue, in the three months ended March 31, 2025.
Management Comments
Travis Hess
“We’re off to a strong start in 2026, delivering solid financial results while continuing to execute against the strategy we laid out at the beginning of the year. This quarter reflects our shift from foundation-building to execution and monetization, with meaningful progress across payments, AI-driven commerce and our core platform. We’re operating at the center of a structural shift as commerce evolves from a storefront-centric model to one that is increasingly AI-driven and distributed across channels. The storefront remains critical, but it’s no longer the sole driver of demand. We’ve been positioning the business for this transition over the past 18 months, integrating our platform across product intelligence, experience orchestration and transactions. In this environment, data and orchestration become increasingly important, and we’re well positioned to help merchants capture demand wherever it originates and convert it efficiently. This business has never been better positioned. We have the scale, the infrastructure, the financial profile and the product momentum to deliver on the growth potential of this product suite. Our focus is execution.”
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