Commerce.com, Inc.
CMRCNasdaqTechnology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $342.3M | $332.9M | $309.4M | $279.1M | $219.9M | $152.4M |
| Operating income | −$16.2M | −$41.7M | −$72.4M | −$140.6M | −$75.9M | −$38.7M |
| Net income | −$19.3M | −$27.0M | −$64.7M | −$139.9M | −$76.7M | −$37.6M |
| Total assets | $308.8M | $340.3M | $444.1M | $474.1M | $555.5M | $276.6M |
| Total liabilities | $269.4M | $306.9M | $418.5M | $428.4M | $417.2M | $59.9M |
| Equity | $39.4M | $33.4M | $25.5M | $45.7M | $138.3M | $216.8M |
| EPS (diluted) | $-0.24 | $-0.35 | $-0.86 | $-1.91 | $-1.08 | $-0.99 |
| Shares out. | 78.6M | 76.6M | 74.1M | 72.5M | 68.5M | 39.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −4.7%
- Net margin
- −5.6%
- Return on equity
- −49.1%
- Return on assets
- −6.3%
- Return on capital (ROCE)
- −8.1%
- Liabilities / assets
- 87.3%
- Debt / equity
- 6.85×
- Book value / share
- $0.50
- Revenue growth (YoY)
- 2.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -4.71distress
- Accruals / assets
- −14.5%clean
- Beneish M-Score
- -3.02normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Divisar Capital Management LlcPassive (13G)Feb 17, 2026
- Lynrock Lake LpPassive (13G)Feb 17, 2026
- Barclays PlcPassive (13G)Feb 11, 2026
- Blackrock, Inc.Passive (13G)Oct 17, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Lentz DanielOfficer — CFO & COO | May 26, 2026 | Sell | 6,840 | $2.91 |
| Lentz DanielOfficer — CFO & COO | May 21, 2026 | Tax withholding | 1,724 | $2.96 |
| Hess Christopher TravisOfficer — Chief Exec Officer | May 21, 2026 | Tax withholding | 3,448 | $2.96 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 6.0M | 5.2 | +0.4% |
| Apr 30, 2026 | 6.0M | 10.1 | -1.0% |
| Apr 15, 2026 | 6.1M | 10.0 | +1.9% |
| Mar 31, 2026 | 6.0M | 10.8 | +3.4% |
| Mar 13, 2026 | 5.8M | 6.8 | +4.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 14, 2026
- Results of operationsMay 7, 2026
- Entered a material agreement · Modified shareholder rights · Amended charter or bylawsApr 14, 2026
- Results of operationsFeb 12, 2026
- Results of operations · Costs from exit or disposal · Director / officer changeJan 7, 2026
- Results of operationsNov 6, 2025
- Director / officer changeOct 9, 2025
- Other material eventSep 12, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4PRIMARY DOCUMENTMay 28, 2026
- 144May 26, 2026
- 4PRIMARY DOCUMENTMay 26, 2026
- 4PRIMARY DOCUMENTMay 26, 2026
- 4PRIMARY DOCUMENTMay 26, 2026
- 4PRIMARY DOCUMENTMay 26, 2026
- 4PRIMARY DOCUMENTMay 18, 2026
- 4PRIMARY DOCUMENTMay 18, 2026
- 4PRIMARY DOCUMENTMay 18, 2026
- 4PRIMARY DOCUMENTMay 18, 2026
- 8-KMay 14, 2026
- 10-QMay 7, 2026
- 8-KMay 7, 2026
- 425Apr 29, 2026
- SCHEDULE 13GApr 29, 2026