---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-047630"
form_type: "8-K"
ticker: "CMRC"
cik: "0001626450"
company_name: "Commerce.com, Inc."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:02:18.932060+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Commerce.com FY2025 revenue $342.3M (+3% YoY); GAAP net loss narrows to $19.3M

## Summary
- Q4 2025 revenue $89.5M (+3% YoY); subscription revenue $65.2M (+5% YoY).
- Enterprise ARR $287.2M (+10% YoY), now 80% of total ARR ($359.1M, +3% YoY).
- Full-year GAAP loss from operations improved to ($16.2M) from ($41.7M); adjusted EBITDA $31.7M vs $23.5M.
- Q1 2026 revenue guidance $82.5M-$83.5M; FY2026 revenue guidance $347.5M-$369.5M.
- Non-GAAP Q4 EPS $0.07 vs $0.11 YoY; cash & securities $143.0M.

## SEC filing metadata
- accession: 0001193125-26-047630
- form_type: 8-K
- ticker: CMRC
- cik: 0001626450
- company_name: Commerce.com, Inc.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626450/000119312526047630/0001193125-26-047630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626450/000119312526047630/bigc-20260212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-047630
- JSON: https://secwatch.observer/filing/0001193125-26-047630.json
- Plain text: https://secwatch.observer/filing/0001193125-26-047630.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.