Filing Flows › Commerce.com (CMRC) › How it makes money
How Commerce.com (CMRC) makes money
Commerce.com (CMRC) made $84.2M of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Subscription and Circulation brought in $64.7M (77%); Partner and Services brought in $19.5M (23%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Subscription and Circulation | $64.7M | 76.8% | +3% | +0.1% |
| Partner and Services | $19.5M | 23.2% | -9% | -9% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $84.2M | 100.0% |
| Income tax | $92K | 0.1% |
| Operating cash flow | $9.4M | 11.1% |
| Free cash flow | $5.7M | 6.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $84.2M | -2% |
| Q2 2026 | $84.5M | +0.1% |
| Q1 2026 | $86.8M | +5% |
| Q4 2025 | $89.5M | +3% |
| Q3 2025 | $86.0M | +3% |
| Q2 2025 | $84.4M | +3% |
| Q1 2025 | $82.4M | +2% |
From Commerce.com's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Commerce.com make money?
Commerce.com (CMRC) made $84.2M of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Subscription and Circulation brought in $64.7M (77%); Partner and Services brought in $19.5M (23%).
What is Commerce.com's biggest business?
Subscription and Circulation: $64.7M in the third quarter 2026, 77% of revenue, +0.1% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.