Filing Flows › Commerce.com (CMRC) › Q2 2026
Commerce.com (CMRC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Commerce.com (CMRC) reported revenue of $84.5M for the second quarter 2026 (Q2 2026), +0.1% from a year earlier and -3% from the quarter before. Operating margin was 3.2%, net earnings $1.1M (1.3% of revenue).
Commerce.com, Q2 2026: revenue $84.5M (+0.1% year over year), operating margin 3.2%, net earnings $1.1M, operating cash flow $5.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $84.5M | -3% | +0.1% |
| Gross profit | $63.5M | -5% | -5% |
| Operating profit | $2.7M | -53% | — |
| Net earnings | $1.1M | -70% | — |
| Operating cash flow | $5.1M | -72% | -62% |
| Free cash flow | $50K | — | -100% |
What changed
Revenue was $84.5M in Q2 2026, roughly flat year over year and down 3% from the previous quarter. Subscription and Circulation was the largest line at 75% of revenue. Partner and Services added $605K year over year (up 3%), 776% of the total change. Subscription and Circulation declined 1%.
Gross margin was 75.2%, down 3.8 points from Q2 2025. Operating profit was $2.7M, a 3.2% margin (up 11.2 points year over year). Operating expenses fell 17% while revenue was flat. Net earnings were $1.1M. The effective tax rate was 15.6%.
Operating cash flow was $5.1M (down 62% year over year), 462% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $2.9M. After purchase of capitalized internal-use software, leasehold improvements, and property and equipment ($5.0M), free cash flow as the company reports it was $50K.
Questions
What was Commerce.com's revenue in the second quarter 2026?
Commerce.com (CMRC) reported revenue of $84.5M for the second quarter 2026 (Q2 2026), +0.1% from a year earlier and -3% from the quarter before.
Was Commerce.com profitable in the second quarter 2026?
Operating profit was $2.7M (3.2% of revenue) and net earnings $1.1M.
Source: Commerce.com 10-Q on SEC EDGAR.