Commerce.com, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $91.9m $112.1m $152.4m $219.9m $279.1m $309.4m $332.9m $342.3m
Cost of revenue $21.9m $27.0m $34.1m $48.5m $70.0m $74.2m $77.6m $72.8m
Gross profit $69.9m $85.1m $118.2m $171.4m $209.1m $235.2m $255.3m $269.6m
Research and development $42.5m $43.1m $48.3m $64.5m $88.3m $83.5m $80.9m $73.0m
Total operating expenses $107.9m $126.1m $156.9m $247.3m $349.7m $307.6m $297.0m $285.8m
Sales and marketing $45.9m $60.7m $72.5m $99.3m $134.8m $140.2m $129.6m $137.0m
General and administrative $19.5m $22.2m $36.1m $56.8m $76.0m $58.8m $61.8m $55.9m
Amortization of intangible assets $0 $0 $3.3m $8.1m $8.4m $9.7m $8.5m
Restructuring charges $0 $7.3m $6.4m $13.7m $11.0m
Loss from operations ($38.0m) ($41.0m) ($38.7m) ($75.9m) ($140.6m) ($72.4m) ($41.7m) ($16.2m)
Gain on convertible note extinguishment $0 $0 $12.1m $3.9m
Interest income $653k $245k $31k $130k $4.2m $11.5m $10.6m $4.8m
Loss before provision for income taxes ($38.9m) ($42.6m) ($37.5m) ($76.7m) ($139.4m) ($64.7m) ($26.0m) ($18.2m)
Provision for income taxes $10k $28k $25k ($34k) $495k $0 ($1.0m) ($1.2m)
Net loss ($38.9m) ($42.6m) ($37.6m) ($76.7m) ($139.9m) ($64.7m) ($27.0m) ($19.3m)
Basic net loss per share ($1) ($1) ($2) ($1) ($0) ($0)
Shares used to compute basic net loss per share ($1) ($1) ($2) ($1) ($0) ($0)
Acquisition related costs $0 $0 $23.3m $35.2m $10.3m $1.3m $444k
Interest expense ($1.5m) ($1.6m) ($3.1m) ($828k) ($2.8m) ($2.9m) ($6.1m) ($10.0m)
Other expenses ($52k) ($208k) ($179k) ($70k) ($227k) ($836k) ($958k) ($681k)