Filing Flows › Commerce.com (CMRC) › Q3 2026
Commerce.com (CMRC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Commerce.com (CMRC) reported revenue of $84.2M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -0.3% from the quarter before. Operating margin was -2.1%, net loss $3.2M (3.8% of revenue).
Commerce.com, Q3 2026: revenue $84.2M (-2% year over year), operating margin -2.1%, net loss $3.2M, operating cash flow $9.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $84.2M | -0.3% | -2% |
| Operating profit | −$1.8M | -167% | — |
| Net earnings | −$3.2M | -392% | — |
| Operating cash flow | $9.4M | +84% | -11% |
| Free cash flow | $5.7M | — | -24% |
What changed
Revenue was $84.2M in Q3 2026, down 2% year over year and roughly flat from the previous quarter. Subscription and Circulation was the largest line at 77% of revenue. Partner and Services lost $1.8M year over year (down 9%), 102% of the total change.
Gross margin was 74.1%, down 4.3 points from Q3 2025. Operating costs exceeded revenue by $1.8M, an operating margin of -2.1%. Operating expenses fell 5% while revenue fell 2%. The fastest-growing cost line was Other operating costs (+171%). The quarter ended with a net loss of $3.2M, after a profit of $1.1M the previous quarter.
Operating cash flow was $9.4M (down 11% year over year). Non-cash charges added back $3.4M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $4.9M. After purchase of capitalized internal-use software, leasehold improvements, and property and equipment ($3.6M), free cash flow as the company reports it was $5.7M.
Questions
What was Commerce.com's revenue in the third quarter 2026?
Commerce.com (CMRC) reported revenue of $84.2M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -0.3% from the quarter before.
Was Commerce.com profitable in the third quarter 2026?
Operating loss was $1.8M (-2.1% of revenue) and net loss $3.2M.
Source: Commerce.com 10-Q on SEC EDGAR.