secwatch.observer — SEC 8-K summary
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Issuer:     Commerce.com, Inc. (CMRC)
CIK:        0001626450
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001193125-26-047630
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1626450/000119312526047630/0001193125-26-047630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1626450/000119312526047630/bigc-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-047630

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer