What is Commerce.com's latest dividend and current dividend yield?

Did Commerce.com beat or miss consensus estimates last quarter?

What does Commerce.com do and what are its main business segments?

What were the key takeaways from Commerce.com's earnings call?

What is Commerce.com's gross profit margin?

What is the revenue and EPS growth rate for Commerce.com year over year?

What is the market's earnings forecast for Commerce.com next quarter?

What factors drove the changes in Commerce.com's revenue and profit?

- **Revenue Growth**: FY2025 revenue $342M (+3% YoY), Q4 ARR up 1.5x sequential.
- **B2B Dominance**: B2B ARR +20% YoY, 95%+ retention, 20+ new industrial customers.
- **AI Innovation**: Surface drove 24% GMV lift, 30% R&D increase for AI, payments.
- **Financial Strength**: $143M cash, first GAAP profitable year in 2026, 67% debt reduction.
- **Key Metrics**: GMV $32B (+12%), NRR 95.2%, targeting mid-90s.
- **Payments Play**: Launching PayPal-powered payments Q1, 50%+ new merchant adoption.

**【CEO Summary Section】**
- **Revenue Growth**: FY2025 revenue of $342M (+3% YoY), Q4 ARR up 1.5x sequential improvement. 
- **Strategic Priorities**: Simplifying operations, reinvesting savings in AI, B2B expansion, and unified Commerce platform.
- **B2B Momentum**: B2B ARR grew 20% YoY, with wins in industrial manufacturing (Build It Right, Premier Water Tanks) and 95%+ retention rates.
- **Product Innovations**: Surface (self-service Feedonomics) drove 24% GMV lift, partnerships with OpenAI, Google Gemini, and PayPal for payments.
- **New Metrics**: Introduced GMV ($32B YoY +12%) and Total NRR (95.2% Q4) to better reflect scale and monetization.

**【CFO Financial Commentary】**
- **Q4 2025 Results**: Revenue $89.5M (+3% YoY), Non-GAAP Op Income $28M (+230bps margin YoY), Cash $143M.
- **FY2025 Guidance**: $347.5M-$369.5M revenue (+2%-8%), Non-GAAP Op Income $34M-$53M (10%-14% margin).
- **Leverage**: 67% net debt reduction YoY, first GAAP profitable year in 2026.
- **Investment**: R&D up 30% in 2026 for AI, payments, and product-led growth.

**【Q&A Key Highlights】**
- **Agentic Commerce**: Leading in schema mapping, testing Google UCP, but checkout gated by partners like OpenAI.
- **Payments Strategy**: Launching PayPal-powered payments Q1, targeting 50%+ new merchant adoption, with 80%+ gross margin.
- **NRR Improvement**: 95.2% Q4 NRR, targeting mid-90s through Surface, Makeswift, and payments cross-sell.
- **B2B Take Rate**: Lower credit card mix (10-15% GMV) but higher retention, focusing on ACH/PO monetization.
- **Competitive Position**: Differentiated by data enrichment, B2B stickiness, and AI-first infrastructure vs. Shopify.

Commerce.com, Inc. (CMRC) Q4 2025 Earnings Call Transcript

- **Q3 Financial Strength**: $86M revenue, $8M non-GAAP operating income (9% margin), and $11M operating cash flow highlight profitable growth.
- **AI-Driven Innovation**: Launch of Feedonomics Surface and Shopify integrations position Commerce as leader in agnostic AI commerce.
- **Strategic Partnerships**: PayPal, Perplexity, and Microsoft collaborations accelerate AI monetization and data syndication.
- **B2B Momentum**: 391% 3-year ROI for B2B Edition and new clients like ADI Global underscore enterprise platform strength.
- **Q4 Outlook**: Holiday season AI readiness and new product launches (e.g., Feedonomics Surface) set stage for 2026 growth.

**【CEO Summary Section】**
- Q3 2025 revenue of $86 million, in line with guidance, with non-GAAP operating income of $8 million (9% of revenue), exceeding high-end profitability targets.
- Emphasis on AI-driven commerce: launched Feedonomics Surface for BigCommerce merchants, enabling free product feed management with premium upgrade paths.
- Strategic partnerships with PayPal, Perplexity, and Microsoft to expand agnostic AI commerce capabilities.
- B2B momentum with new clients like ADI Global and Pantone, validated by IDC's 391% 3-year ROI study for B2B Edition.
- Q4 outlook highlights holiday season AI readiness and Shopify integrations, with more product launches in 2026.

**【CFO Financial Commentary】**
- Q3 ARR of $356 million (76% from enterprise plans), up 2% YoY, with ARPU of $46,806 (+7% YoY).
- Non-GAAP gross margin of 79%, operating cash flow of $11 million, and net debt reduced to $11 million (86% YoY decline).
- Guidance for Q4 2025: revenue $87.8–$92.8 million, non-GAAP operating income $4.3–$9.3 million.
- Focus on cost discipline, partner-led distribution (e.g., Accenture), and product-led growth (e.g., Feedonomics Surface).

**【Q&A Key Highlights】**
- **Enterprise ARR decline**: attributed to slower bookings and net revenue retention (~98%), but optimistic on AI-driven growth.
- **Holiday season expectations**: strong AI readiness demand, especially with large manufacturers and Shopify integrations.
- **Competitive dynamics**: quality of structured/unstructured data (e.g., product specs, reviews) is key to AI discoverability.
- **New product rollouts**: Feedonomics Surface (Shopify expansion planned) and Makeswift on Stencil (2026) seen as major growth drivers.
- **PayPal partnership impact**: new payments solution to launch Q1 2026, with potential for high-margin revenue streams.

Commerce.com, Inc. (CMRC) Q3 2025 Earnings Call Transcript

- **AI-Driven Growth**: Rebranded as 'Commerce' to focus on AI-powered data optimization, with key partnerships for B2B and B2C AI commerce solutions.
- **Financial Momentum**: Q2 revenue $84.4M (3% YoY), non-GAAP op income $4.8M (335bp margin expansion). 2025 guidance for $339.6M-$346.6M revenue.
- **B2B Leadership**: 9% YoY ARPA growth, wins with Dell, Tapestry, and URBN. 24/24 medals in B2B Combine.
- **Future Initiatives**: Self-serve Feedonomics (2025 holiday), PROS/Commerce CPQ solution, and branded payments (2026).

**【CEO Summary Section】**
- Q2 ARR reached $355 million (3% YoY growth), with revenue of $84.4 million (3% YoY) and non-GAAP operating income of $4.8 million (335bp margin improvement). 
- Rebranded as 'Commerce' to reflect focus on AI-driven, composable commerce ecosystem. Key partnerships include Perplexity, Google Cloud, and PROS for AI-powered data optimization.
- B2B momentum strong: 9% YoY ARPA growth, wins with major brands like Dell, Tapestry, and URBN. Q2 also saw 24/24 medals in 2025 B2B Combine.
- AI strategy: Data is 'new storefront'; optimizing product data for answer engines (e.g., Perplexity, Gemini) to improve discoverability and conversion.

**【CFO Financial Commentary】**
- Q2 GAAP revenue $84.4M, non-GAAP operating income $4.8M. Gross margin 80% (280bp YoY improvement). Operating cash flow $14M (2x YoY growth). 
- 2025 guidance: Revenue $339.6M-$346.6M, non-GAAP op income $19M-$25M. Q3 outlook: $85M-$87M revenue, $2.3M-$3.3M op income.
- Future initiatives: Self-serve Feedonomics (holiday 2025), Makeswift integration (H1 2026), and branded payments. Partner bundling with Noibu, PROS, and Accenture.
- All 3 revenue streams (platform, Feedonomics, services) benefit from AI-driven commerce growth. Agnostic approach allows monetization across platforms.

**【Q&A Key Highlights】**
- **AI Impact**: 20%+ drop in organic search traffic for some brands, driving urgency for data optimization. Commerce sees 2026 as key monetization year for AI features.
- **Rebranding Effect**: No direct impact on product branding; focus on clearer messaging for Feedonomics and broader ecosystem. Pipeline conversion improving with bundled sales.
- **B2B Growth**: 70%+ of new logos are B2B. PROS partnership enables CPQ for complex B2B use cases. ARPA growth driven by cross-selling Feedonomics.
- **Payment Strategy**: Optional, integrated solution for SMBs (2026 launch). Focus on simplicity vs. multi-region complexity for large enterprises.
- **Margin Expansion**: Prioritize growth investments in AI and product. 2025 op margin expansion in low/mid-single digits, with potential acceleration in 2026.


BigCommerce Holdings, Inc. (BIGC) Q2 2025 Earnings Call Transcript

- **Revenue resilience**: Q1 2025 ARR growth of 3% to $351 million, with B2B pipeline momentum. 
- **AI innovation**: Beta launch of self-serve Feedonomics and planned Makeswift integration, targeting 2026 payments launch. 
- **Leadership expansion**: New CPO and SVP Engineering driving product and engineering excellence. 
- **Financial discipline**: Gross margin up 240 bps to 80.3%, with cautious guidance reflecting macro risks. 
- **Strategic focus**: Complex B2C categories and B2B enhancements (e.g., configure-price-quote tool) driving differentiation. 
- **Risk awareness**: Tariff-related PSR exposure and cautious outlook on 2025 growth range.

**【CEO Summary Section】**
- Q1 2025 revenue reached $82.4 million, a 3% year-over-year increase, with ARR of $351 million and non-GAAP operating income of $7.6 million. 
- B2B growth continues, with new features like multi-company hierarchy support and a 75% reduction in quote creation steps. 
- AI-driven initiatives include beta launches of self-serve Feedonomics and planned Makeswift integration, with BigCommerce Payments set for early 2026. 
- Leadership team expanded with CPO Vipul Shah and SVP Engineering Marcus Groff, focusing on product innovation and operational efficiency. 

**【CFO Financial Commentary】**
- Non-GAAP gross margin improved to 80.3%, up 240 basis points year-over-year, with operating cash flow of $400,000. 
- Guidance for Q2 2025: revenue $82.5-$83.5 million, non-GAAP operating income $2.7-$3.7 million. 
- Full-year 2025 revenue range widened to $335.1-$351.1 million, reflecting macroeconomic uncertainty and investment in AI. 
- Net debt reduced to $32.2 million, down 59% year-over-year. 

**【Q&A Key Highlights】**
- Pipeline growth in B2B, with no immediate macroeconomic impact on performance. 
- Payments strategy includes Klarna partnership and optional BC Payments for 2026, targeting wallet share expansion. 
- Risk of tariff-related PSR decline acknowledged, with cautious guidance adjustments. 
- AI investments in Feedonomics and partner integrations (e.g., OpenAI, Noibu) to enhance commerce efficiency. 
- Focus on complex B2C categories (e.g., direct selling, regulated industries) driving ARR growth. 

**【Operational Updates】**
- Sales capacity doubled, with early pipeline conversion signs. 
- Bundled solutions with partners (e.g., Noibu) to simplify commerce architectures. 
- Gross margin improvements driven by hosting and support efficiency. 
- 2025 priorities: accelerate growth, operational discipline, and go-to-market transformation.

BigCommerce (BIGC)-8 May 25-2025 Q1 Earnings call transcript

- **Revenue Resilience**: FY2024 revenue up 8% to $333M, with operating income turning positive ($19M vs. -$6M). Sales efficiency improved to 36% of revenue. 
- **Leadership Overhaul**: New C-suite hires (e.g., CMO, CRO) and AI-driven go-to-market reorg set to boost 2025 growth. 
- **Product Momentum**: Catalyst launch and B2B ARR growth (7%) highlight strategic differentiation. 
- **2025 Outlook**: Target $342-350M revenue (+2-4%), with operating margin expansion to 6-7%. Sales team doubling to drive pipeline acceleration. 
- **Risk Management**: Conservative macro assumptions, but early signs of B2B deal activity suggest upside potential.

**【CEO Summary Section】**
- **Revenue Growth and Efficiency**: FY2024 revenue reached $333M (+8% YoY), with non-GAAP operating income of $19M (vs. -$6M in 2023). Non-GAAP operating margin expanded 767bps to nearly 6%. Sales & marketing expenses reduced to 36% of revenue (from 41% in 2023). 
- **Leadership and Organizational Transformation**: Hired top SaaS leaders (e.g., CMO Michelle Suzuki, CRO Rob Walter) and restructured go-to-market teams into B2C, B2B, and Small Business units. AI-driven sales efficiency tools predict customer needs and align with product capabilities. 
- **Product Innovation**: Launched Catalyst (accelerated reference architecture) and plans for self-serve Feedonomics. B2B ARR grew 7% to $262M (75% of total ARR). 
- **2025 Priorities**: Reaccelerate revenue growth, maintain disciplined cost control, and execute sales transformation with a doubled quota-carrying sales team by mid-2025.

**【CFO Financial Commentary】**
- **Q4 2024 Results**: Revenue $87M (+3% YoY), non-GAAP operating income $10M (vs. -$5M in Q4 2023). Full-year operating cash flow $26M (vs. -$24M in 2023). 
- **2025 Guidance**: Revenue $342-350M (+2-4% YoY), non-GAAP operating income $20-24M. Targeting low-to-mid single-digit margin expansion (2024: 6% operating margin). 
- **Balance Sheet**: $126M in cash, $28M net debt. Repurchased $59M of 2026 convertible notes, reducing total debt to $154M.

**【Q&A Key Themes】**
- **Sales Team Expansion**: Doubling quota-carrying reps by mid-2025, with full ramp by Q2 2025. AI-enabled onboarding and training accelerate pipeline conversion. 
- **ARR Growth**: Expect modest acceleration in 2025, with ARR growth rate exceeding revenue growth. Focus on enterprise NRR (currently 99%) through product bundling and cross-sell. 
- **Macro Risks**: Conservative outlook assumes 2025 similar to 2024, but early signs of pipeline strength (e.g., large B2B deals resuming). 
- **Partnerships**: Shift to high-impact partners (e.g., Klarna) and self-serve Feedonomics for small businesses. Partner-driven MDF subsidies reduce costs while improving efficacy.


BigCommerce Holdings, Inc. (BIGC) Q4 2024 Earnings Call Transcript

BigCommerce (BIGC)-7 Nov 24-2024 Q3 Earnings call transcript

BigCommerce Holdings Inc - Ordinary Shares Series 1 (BIGC)-1 Aug 24-2024 Q2 Earnings call transcript

BigCommerce Holdings Inc - Ordinary Shares Series 1 (BIGC)-9 May 24-2024 Q1 Earnings call transcript

BigCommerce Holdings Inc - Ordinary Shares Series 1 (BIGC)-22 Feb 24-2023 Q4 Earnings call transcript

- **Revenue Resilience**: Q3 revenue up 8% YoY to $78 million, with ARR at $332 million (9% YoY). Enterprise ARR growth 11% YoY.
- **Profitability Leap**: Near breakeven adjusted EBITDA (-$102,000), 14.5pt margin improvement in 1 year. Operating loss of $1.2 million (-1.5% margin).
- **Strategic Moves**: $9M Makeswift acquisition to enhance visual design for enterprise; 7% workforce reduction to drive 2024 margin expansion.
- **Challenges**: Enterprise sales cycles elongated, 2024 Q1 launches delayed. 72% ARR from enterprise, 391 new accounts YoY.
- **Growth Path**: 2024 revenue guidance of 9-11% YoY, targeting 5-9pt margin improvement.

**【CEO Summary Section】**
- **Revenue Growth**: Q3 revenue of $78 million, up 8% YoY, with ARR reaching $332 million (9% YoY growth). Enterprise ARR was $241 million, up 11% YoY.
- **Profitability Progress**: Near breakeven adjusted EBITDA ($102,000 loss), 14.5 percentage points improvement in margin over 1 year. Operating loss of $1.2 million (-1.5% margin).
- **Strategic Acquisitions**: Acquisition of Makeswift for $9 million to enhance visual design capabilities for enterprise customers.
- **Challenges**: Longer sales cycles and delayed launches (e.g., 2024 Q1) impacting enterprise ARR growth. 72% of ARR from enterprise accounts, with 391 new enterprise accounts added YoY.

**【CFO Financial Commentary】**
- **Revenue Breakdown**: Subscription revenue $59 million (10% YoY), PSR $19 million (1% YoY). EMEA revenue up 23%, APAC up 2%.
- **Cost Efficiency**: Operating expenses down 9% YoY. Gross margin 77%, flat YoY. Non-GAAP net income $0.01 per share vs. -$0.15 YoY.
- **Cash Flow**: $266 million in cash, negative free cash flow of $32.5 million (due to Feedonomics payment). Deferred revenue up $3 million QoQ.
- **Restructuring**: 7% workforce reduction, $5.5 million one-time charge. Expected $3.1 million Q4 and $2.1 million FY24 cash flow impact.

**【Q&A Highlights】**
- **Sales Environment**: U.S. steady, APAC strong, EMEA mixed. Enterprise win rates high but elongated cycles persist. B2B adoption lagging B2C, but BigCommerce leads in B2B e-commerce.
- **Upsell/Cross-sell Focus**: Feedonomics, Makeswift, and partner products driving cross-sell. Targeting 5-9% margin improvement in 2024. 60%+ ARR growth historically from new customers, aiming to shift mix toward expansion.
- **Macroeconomic Impact**: Consumer spending growth below pre-pandemic trend (6-7% vs. 12-15%). Tight business spending leading to downgrades and delayed projects. 2024 guidance assumes high single to low double-digit revenue growth.

Actual	-0.38	-0.16	-0.12	-0.04	-0.06	-0.06	-0.17	-0.18	-0.19	-0.15	-0.1	-0.07	-0.02	0.01	0.09	0.06	0.05	0.06	0.11	0.07	0.04	0.08	0.07
Forecast	-0.505	-0.2864	-0.1442	-0.1136	-0.1167	-0.1402	-0.1247	-0.1762	-0.2345	-0.2119	-0.1885	-0.1099	-0.092	-0.0273	0.0464	0.0359	0.0315	0.0263	0.0664	0.0531	0.0352	0.0193	0.0686
Surprise	+24.75%	+44.13%	+16.78%	+64.79%	+48.59%	+57.20%	-36.33%	-2.16%	+18.98%	+29.21%	+46.95%	+36.31%	+78.26%	+136.63%	+93.97%	+67.13%	+58.73%	+128.14%	+65.66%	+31.83%	+13.64%	+314.51%	+2.04%

CMRC

CMRC fundamentals

CMRC Q4 2025 Earnings

Earnings Call

You can ask Aime

CMRC

CMRC fundamentals

CMRC Q4 2025 Earnings

Earnings Call

CMRC Earnings Call Summary for Q4/20258:00 AM on Feb 12, 2026

CMRC Earnings Call Summary for Q3/20258:00 AM on Nov 6, 2025

CMRC Earnings Call Summary for Q2/20258:00 AM on Jul 31, 2025

CMRC Earnings Call Summary for Q1/20258:00 AM on May 8, 2025

CMRC Earnings Call Summary for Q4/20248:00 AM on Feb 20, 2025

You can ask Aime