What is Commerce.com's gross profit margin?

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

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

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

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

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

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

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

- **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

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

CMRC

CMRC fundamentals

You can ask Aime